Welcome to our dedicated page for Zions Bancorporation N A news (Ticker: ZION), a resource for investors and traders seeking the latest updates and insights on Zions Bancorporation N A stock.
Overview
Zions Bancorporation N.A. (ZION) stands out as one of the nation's premier regional financial services companies, renowned for its robust capabilities in commercial and commercial real estate lending, SBA financing, and public finance advisory. The bank operates through a network of full-service banking offices across key western and southwestern states, serving communities with tailored financial products under distinct local brands. With a heritage dating back to the 19th century, Zions has built its reputation on local management, community connectivity, and a nuanced understanding of regional market dynamics.
Core Business Functions
Zions Bancorporation is dedicated to offering a broad spectrum of financial services that address the needs of small and midsize businesses. Its core lending segments include:
- Commercial and Real Estate Lending: Providing financing solutions that support business expansion and property acquisition, the bank emphasizes strong collateral and credit risk management.
- Small Business Administration (SBA) Lending: Recognized as a national leader in SBA lending, the bank supports entrepreneurs and local business growth with structured loan programs.
- Public Finance Advisory Services: Delivering expert counsel on public sector projects and community development initiatives, Zions leverages deep insights into regional fiscal policies.
- Agricultural Finance: Addressing the needs of agricultural enterprises, the bank provides specialized financing that supports the sustainability and growth of rural markets.
Operational Excellence and Market Position
Operating in a competitive environment, Zions Bancorporation combines a decentralized management structure with the efficiency of a large financial institution. By emphasizing local decision-making and community identity, the bank maintains strong relationships with its customers and exhibits resilience in fluctuating market conditions. Its commitment to maintaining robust credit quality, effective expense management, and strategic asset growth demonstrates its focus on secure financial operations and responsible lending practices.
Community-Centric and Technology-Driven Approach
At the heart of Zions' strategy lies a deep commitment to the communities it serves. The bank is not only a financial institution but a trusted partner in local economic development. By implementing modern core processing platforms and investing in real time transaction capabilities, Zions enhances its operational efficiency while continuing to offer high-quality, personalized services. This blend of technology with a community-centric approach underscores the bank's ability to adapt to industry innovations without compromising its traditional banking expertise.
Industry Expertise and Competitive Differentiation
With decades of experience in the financial services industry, Zions Bancorporation has cultivated expertise in managing diversified portfolios that include commercial loans, real estate financing, and advisory services. Its understanding of region-specific market trends and regulatory requirements enables it to navigate complex financial landscapes effectively. The bank distinguishes itself from competitors through its strategic focus on local management teams, a decentralized model that empowers regional branches to tailor services to community needs while leveraging the strength of a national brand.
Financial Discipline and Strategic Growth
Zions has consistently demonstrated a balanced approach to growth by carefully managing risk and maintaining strict lending standards. The bank’s focus on low-cost funding sources and selective expansion into high-growth markets has positioned it as an integral player in regional banking. By integrating advanced technology platforms, Zions ensures transparent, real time financial transactions and improved operational oversight, all while upholding its commitment to fiscal responsibility and customer service excellence.
Conclusion
For investors and industry analysts, Zions Bancorporation offers a comprehensive perspective on regional banking through its diversified financial services model, strong operational foundation, and dedicated community focus. Its methodical approach to lending and financial management, combined with strategic technological enhancements and expert local oversight, makes it a significant and trusted institution in the evolving landscape of U.S. banking.
California Bank & Trust (CB&T) has expanded its presence in the Coachella Valley through the successful acquisition of FirstBank's California banking operations. The integration includes four newly converted branches in the region, strengthening CB&T's 20-year presence in the area.
The expansion includes branches at 73000 Highway 111 and 42035 Washington Street in Palm Desert, 39580 Washington Street in Palm Desert, and 82900 Avenue 42 C in Indio. To celebrate this expansion, CB&T will host a Grand Opening Celebration on March 24, 2025, from 1 to 3 p.m. at its newly converted Palm Desert branch.
CB&T President and CEO Eric Ellingsen emphasized the bank's commitment to the region, focusing on delivering personalized financial solutions. The bank maintains its community involvement through partnerships with the Coachella Valley Firebirds, Fashion Week El Paseo, and the Palm Desert Food & Wine Festival.
Zions Bancorporation (NASDAQ: ZION) has been awarded 13 Coalition Greenwich Best Bank Awards for 2025, ranking third nationally in the middle market banking segment. The recognition is based on 25,000 market research interviews evaluating over 500 banks, with only 41 receiving awards for distinctive quality.
The bank, with $89 billion in total assets and $3.1 billion in net revenue for 2024, received awards across multiple categories including Overall Satisfaction, Trust, Customer Service, and Cash Management capabilities. Since 2009, Zions has accumulated 246 awards, maintaining its position as one of only four U.S. banks averaging 15+ middle market and small business awards annually.
The awards span both Middle Market ($10-$500 million annual sales) and Small Business ($1-$10 million annual sales) segments, reflecting customer satisfaction across 11 western states where Zions operates under local management teams.
Zions Bancorporation (NASDAQ: ZION) has announced that its board of directors has authorized a share repurchase program of up to $40 million for fiscal year 2025. The company, which operates in 11 western states, reported total assets of approximately $89 billion as of December 31, 2024, and achieved annual net revenue of $3.1 billion in 2024.
The financial services company operates under local management teams and distinct brands across Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming. Zions has been recognized for excellence in small- and middle-market banking, public finance advisory services, and Small Business Administration lending. The company is a component of both the S&P MidCap 400 and NASDAQ Financial 100 indices.
Zions Bancorporation (NASDAQ: ZION) has announced that President and COO Scott McLean will present at the RBC Capital Markets Global Financial Institutions Conference on March 4th, 2025, at 4:00 pm Eastern. The presentation will be accessible via audio webcast on the company's website, with a replay available after the event.
The company, with $89 billion in total assets as of December 31, 2024, and annual net revenue of $3.1 billion in 2024, operates across 11 western states under local management teams and distinct brands. Zions has earned recognition for excellence in small- and middle-market banking, public finance advisory services, and SBA lending. The company is a component of the S&P MidCap 400 and NASDAQ Financial 100 indices.
California Bank & Trust (CB&T) has announced a multi-year commitment as an elite Chrome Club Partner and Official Bank of San Diego Football Club (SDFC) ahead of its inaugural 2025 Major League Soccer season. As a Chrome Club sponsor, CB&T will receive exclusive benefits including an 'on the pitch' premier suite, title sponsorship of the May 31, 2025 home game against Austin FC, co-branded content features, and prominent signage at Snapdragon Stadium.
The partnership focuses on community development through initiatives in financial literacy, small business support, and youth leadership development. Key programs include exclusive small-business events, youth leadership programs, and financial education for SDFC players, staff, fans, and youth academy. CB&T will also integrate banking products and services into the club's ecosystem, offering customers exclusive soccer experiences and discounts throughout the season.
Zions Bancorporation (NASDAQ: ZION) has announced its board's declaration of quarterly dividends. Common shareholders will receive $0.43 per share, payable February 20, 2025, to shareholders of record as of February 13, 2025. The board also declared a regular quarterly cash dividend on Series A perpetual preferred shares (NASDAQ: ZIONP), payable March 17, 2025, to shareholders of record on March 1, 2025.
The company reported total assets of approximately $89 billion as of December 31, 2024, with annual net revenue of $3.1 billion in 2024. Zions operates in 11 western states and is recognized for its small and middle-market banking services, public finance advisory services, and Small Business Administration lending. The company is included in the S&P MidCap 400 and NASDAQ Financial 100 indices.
Zions Bancorporation (NASDAQ: ZION) reported Q4 2024 net earnings of $200 million, or $1.34 per diluted common share, compared to $116 million ($0.78 per share) in Q4 2023 and $204 million ($1.37 per share) in Q3 2024.
The bank's adjusted taxable-equivalent revenue increased 9% year-over-year, while adjusted noninterest expense rose 4%, resulting in a 19% increase in adjusted pre-provision net revenue. Net loan losses were higher at an annualized rate of 0.24%, with two-thirds attributed to a single commercial & industrial credit. Nonperforming loans decreased 18% from Q3, reaching 0.50% of total loans, though classified loans increased primarily in the commercial real estate portfolio.
Zions Bancorporation (NASDAQ: ZION) has announced its earnings release schedule for upcoming quarters through 2025. The financial results will be reported on: January 21, 2025 (Q4 2024), April 21, 2025 (Q1 2025), July 21, 2025 (Q2 2025), and October 20, 2025 (Q3 2025). All conference calls are scheduled for 5:30 p.m. ET (3:30 p.m. MT).
Zions Bancorporation (NASDAQ: ZION) has announced that Chairman and CEO Harris Simmons will present at the Goldman Sachs U.S. Financial Services Conference on December 10th at 3:00 pm Eastern. The presentation will be accessible via audio webcast on the company's website and remain available for 90 days.
Zions Bancorporation is a leading financial services company with $3.1 billion in 2023 net revenue and approximately $87 billion in total assets. Founded in 1873, the bank operates across 11 western states under local management teams. The company is recognized for excellence in small and middle-market banking, public finance advisory services, and SBA lending. Zions is included in the S&P 400 and NASDAQ Financial 100 indices.
Zions Bancorporation (NASDAQ: ZION) has priced a $500 million Fixed-to-Floating Rate Subordinated Notes offering due November 19, 2035. The notes carry a 6.816% interest rate for the fixed rate period until November 19, 2034, followed by Compounded SOFR plus 2.830% for the floating rate period. The company plans to use proceeds to reduce short-term borrowings and redeem preferred stock and other securities. Additionally, the board has authorized the full redemption of Series G, I, and J Preferred Stock totaling $373 million, and $88 million of 6.95% Fixed-to-Floating Rate Subordinated Notes due 2028.
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