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Zions Bancorp (ZION.OQ)

ZION.OQ on NASDAQ Stock Exchange Global Select Market

52.57USD
21 Sep 2018
Change (% chg)

$0.07 (+0.13%)
Prev Close
$52.50
Open
$52.41
Day's High
$52.69
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$52.09
Volume
2,501,351
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703,905
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$59.18
52-wk Low
$43.50

Latest Key Developments (Source: Significant Developments)

Zions Bancorp Sets Quarterly Dividend Of $0.30 Per Share
Thursday, 26 Jul 2018 06:37pm EDT 

July 26 (Reuters) - Zions Bancorp ::ZIONS BANCORPORATION BOARD DECLARES DIVIDENDS AND ANNOUNCES SHARE REPURCHASE PLAN FOR THE THIRD QUARTER OF 2018.SETS REGULAR QUARTERLY DIVIDEND OF $0.30PER SHARE.BOARD APPROVED A PLAN TO REPURCHASE $185 MILLION OF COMMON SHARES DURING Q3 OF 2018.EXPECTS TO CONTINUE TO UTILIZE STRESS TESTING AS PRIMARY MECHANISM TO INFORM ITS DECISIONS ON APPROPRIATE LEVEL OF CAPITAL.INTENDS TO ACCOMPLISH REDUCTION OF ITS CAPITAL RATIOS OVER NEXT SIX TO EIGHT QUARTERS.QTRLY DIVIDEND OF $0.30 PER COMMON SHARE REPRESENTS 25% INCREASE OVER DIVIDEND PAID IN Q2 OF 2018.  Full Article

Zions Bancorp Announces Increase In Employees' Compensation Related To Tax Cuts & Jobs Act Of 2017
Tuesday, 2 Jan 2018 06:59am EST 

Jan 2 (Reuters) - Zions Bancorp ::ZIONS BANCORPORATION ANNOUNCES INCREASE IN EMPLOYEES' COMPENSATION RELATED TO THE TAX CUTS AND JOBS ACT OF 2017.ZIONS BANCORP - EXPECTS TO INCUR INCREASE IN NONINTEREST EXPENSE IN Q4 2017 OF ABOUT $12 MILLION DUE TO CONTRIBUTION TO ZIONS BANCORPORATION FOUNDATION.ZIONS BANCORP - WILL BE INCREASING ONGOING COMPENSATION FOR MORE THAN 40 PERCENT OF ITS EMPLOYEES AS OF JAN 1, 2018.  Full Article

Zions Bancorp reports Q3 earnings $0.72/shr
Monday, 23 Oct 2017 04:10pm EDT 

Oct 23 (Reuters) - Zions Bancorp :Zions Bancorporation reports third quarter financial results.Q3 earnings per share $0.72.Q3 earnings per share view $0.73 -- Thomson Reuters I/B/E/S.Zions Bancorp - net interest margin decreased to 3.45 percent in the third quarter of 2017, compared with 3.52 percent in the second quarter of 2017‍​.Zions Bancorp - in quarter, hurricane harvey non-credit related impact of $6 million recognized in non interest expense‍​.Zions Bancorp - net interest income increased to $522 million in the third quarter of 2017 from $469 million in Q3 2016‍​.Zions Bancorp - tangible book value per common share increased to $30.93 at September 30, 2017, compared with $29.16 ‍​.Zions Bancorp - estimated Basel III common equity Tier 1 capital ratio was 12.2% at September 30, 2017 compared with 12.0%‍​.  Full Article

Zions Bancorp's units enter settlement with U.S. Attorney's office
Thursday, 28 Sep 2017 01:16pm EDT 

Sept 28 (Reuters) - Zions Bancorp : :ZB, N.A.,PPS Data , units of co entered settlement, dated September 20 with U.S. Attorney's office for Eastern District of Pennsylvania​.Under terms of agreement, ZB and PPS will pay a civil money penalty of $3.6 million - SEC filing.‍The settlement will not affect Zions' financial results for Q3 - SEC filing​.  Full Article

Zions Bancorp Q2 earnings per share $0.73
Tuesday, 25 Jul 2017 04:10pm EDT 

July 25 (Reuters) - Zions Bancorp :Zions Bancorporation reports second quarter financial results.Q2 earnings per share $0.73.Q2 earnings per share view $0.62 -- Thomson Reuters I/B/E/S.Zions Bancorp qtrly net interest income was $528 million, up 14% from 2q16.Zions Bancorp - for full year, expect continued increases in loans, continued benefit from recent rate hikes and limited increase in funding costs.Zions Bancorp qtrly pre-provision net revenue was $264 million, up 23% from 2q16.Zions Bancorp - net interest margin increased to 3.52% in the second quarter of 2017, compared with 3.38% in the first quarter of 2017.Zions Bancorp qtrly provision for credit losses was $10 million, compared with $31 million in Q2 16.Zions Bancorp - company is committed to its expense and efficiency ratio goals for 2017.Zions Bancorp - tangible book value per common share increased to $30.50 at june 30, 2017, compared with $29.61 at march 31, 2017.Zions Bancorp - estimated basel iii common equity tier 1 (“cet1”) capital ratio was 12.3% at june 30, 2017 compared with 12.2% at march 31, 2017.  Full Article

Zions Bancorp announces full redemption of Series F 7.90 pct non-cumulative perpetual stock
Thursday, 27 Apr 2017 11:20am EDT 

April 27 (Reuters) - Zions Bancorp :Zions bancorp says will redeem all outstanding shares of its 7.90% series f non-cumulative perpetual preferred stock and related depositary shares.Zions bancorp says series f non-cumulative perpetual preferred stock will be redeemed at a price per depositary share of $25.00.  Full Article

Zions Bancorporation reports Q1 earnings per share $0.61
Monday, 24 Apr 2017 04:10pm EDT 

April 24 (Reuters) - Zions Bancorp ::Zions Bancorporation reports first quarter financial results.Q1 earnings per share $0.61.Q1 earnings per share view $0.53 -- Thomson Reuters I/B/E/S.Zions Bancorp - net interest income increased to $489 million in the first quarter of 2017 from $480 million in the fourth quarter of 2016..Zions Bancorp - tangible book value per common share increased to $29.61 at March 31, 2017, compared with $29.06 at December 31, 2016.Zions Bancorp - net interest margin increased slightly to 3.38pct in the first quarter of 2017, compared with 3.37pct in the fourth quarter of 2016.Zions Bancorp - the estimated basel III common equity tier 1 capital ratio was 12.2pct at March 31, 2017 compared with 12.1pct at December 31, 2016.  Full Article

Zions Bancorp says exercise price of warrants issued in May, Oct 2010 been reduced to about $35.82 per share
Thursday, 2 Mar 2017 02:24pm EST 

Zions Bancorp :Exercise price of warrants issued in May,Oct 2010 been reduced to approximately $35.82 per share from approximately $35.76 per share.  Full Article

U.S. regulator votes to end stricter oversight of Zions Bancorp

WASHINGTON A U.S. regulatory panel gave final approval on Wednesday to ease oversight of Zions Bancorp after the Utah bank simplified its operations, deciding that the bank no longer should be classified as potentially posing a threat to the financial system.