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.
Zions Bancorporation, N.A. (NASDAQ: ZION) is a regional commercial bank headquartered in Salt Lake City, Utah, and described by the company as one of the nation’s premier financial services institutions. Its news flow reflects its role as a mid-cap bank with operations across 11 western states, including Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming.
News about Zions Bancorporation, N.A. frequently covers quarterly earnings results, conference calls, and related investor communications. The bank announces expected earnings release dates for each quarter and provides detailed third-party conference appearances, such as presentations at events hosted by Goldman Sachs, Barclays, and the BancAnalysts Association of Boston. These items help investors follow management’s public commentary and financial performance over time.
Dividend declarations on both common stock (ZION) and Series A preferred shares (ZIONP) are another recurring news category. The board of directors regularly announces quarterly dividends, including changes in dividend levels, along with record and payment dates. Capital markets activity, such as the pricing of fixed-to-floating rate senior notes, also appears in company press releases, outlining terms of the securities and intended uses of proceeds.
Leadership and governance developments feature in the news as well. Recent announcements include leadership transitions at Zions Bank, a division operating in Utah, Idaho, and Wyoming, and at Vectra Bank Colorado, a subsidiary brand within the Zions Bancorporation, N.A. family. These updates highlight changes in regional management and the company’s emphasis on local leadership within its distinct brands.
By following ZION news, readers can monitor earnings releases, dividend actions, debt offerings, executive appointments, and public presentations that shape the bank’s strategic direction and financial profile.
Paul Burdiss, CFO of Zions Bancorporation (NASDAQ: ZION), will present at the Bank of America Securities 2020 Future of Financials Conference on November 10 at 1:40 p.m. EST. The presentation will be available via live webcast on the Zions Bancorporation website, which will also archive the event for 30 days.
Zions, with 2019 net revenue of $2.8 billion and total assets exceeding $78 billion, operates in 11 western states. The bank is a leader in customer satisfaction and a prominent player in small business lending and public finance.
Zions Bancorporation, N.A. (NASDAQ: ZION) has declared a quarterly dividend of $0.34 per common share, payable on November 19, 2020, to shareholders of record on November 12, 2020. Additionally, quarterly cash dividends for perpetual preferred shares have been announced, with Series A, G, H, and I dividends payable on December 15, 2020, and Series J dividends on March 15, 2021. Zions reported $2.8 billion in net revenue for 2019 and manages over $78 billion in total assets, operating across 11 western states.
Zions Bancorporation reported third-quarter net earnings of $167 million, or $1.01 per diluted share, down from $214 million or $1.17 per share in Q3 2019. Compared to Q2 2020, earnings increased from $57 million. The bank experienced weak loan demand due to the pandemic but noted record production in residential mortgages. Loan modifications affected 9% of borrowers, with 88% completing deferrals. Charge-offs were low at 0.38%. The bank aims to manage margin compression through disciplined expense control, maintaining healthy adjusted pre-provision net revenue.