ZION News and Press, Zions Bancorporation N.A. From 10/30/22

Summary BTO has tended to trade at a premium for the last several years but has now come to a discount. Higher interest rates can benefit the underlying portfolio as a fund composed of only financial sector holdings. On the other hand, a recession is the main risk for this cyc...

Zions ( NASDAQ: ZION ) declares $0.41/share quarterly dividend , in line with previous. Forward yield 3.2% Payable Nov. 17; for shareholders of record Nov. 10; ex-div Nov. 9. The company authorized a share repurchase for the fourth quarter of 2022 of up to $50M...

Summary Zions posted an underwhelming third quarter, with a miss at the pre-provision profit line and higher provisioning expenses. Loan growth was pretty good, and Zions is looking strong in terms of funding costs, but the sustainability of growth is in question now. Zions lo...

Zions Bancorporation, National Association (ZION) Q3 2022 Earnings Conference Call October 24, 2022, 05:30 PM ET Company Participants Ryan Richards - Corporate Controller Harris Simmons - Chairman and CEO Paul Burdiss - CFO Scott McLean - President and COO ...

Zions Bancorporation ( NASDAQ: ZION ) stock retreated 5.8% in Monday after-hours trading as its higher third-quarter provision for credit losses offset the rise in net interest income "Despite material improvements in most of our credit quality metrics relative to both l...

Zions press release ( NASDAQ: ZION ): Q3 GAAP EPS of $1.40 misses by $0.18 . Revenue of $828M (+19.3% Y/Y) beats by $11.99M . For further details see: Zions GAAP EPS of $1.40 misses by $0.18, revenue of $828M beats by $11.99M

Zions ( NASDAQ: ZION ) is scheduled to announce Q3 earnings results on Monday, October 24th, after market close. The consensus EPS Estimate is $1.59 (+9.7% Y/Y) and the consensus Revenue Estimate is $816.01M (+17.6% Y/Y). Over the last 2 years, ZION has beaten EPS es...

Summary The Fed has continued to aggressively hike rates and has indicated a willingness to keep rates elevated for some time. This should benefit preferreds with upcoming switches to floating rates in two ways - by raising their yields and by supporting their prices. The chie...

Summary We take a look at the action in preferreds and baby bonds through the first week of October and highlight some of the key themes we are watching. Preferreds were lower this week due to rising longer-term Treasury yields. ETF rebalancings continue to push preferreds at ...

Summary There are many S&P 500 companies whose Street Earnings understate their true profits. These companies are more profitable than investors realize and, in most cases, undervalued as well. This report shows five S&P 500 companies with understated Street Earnings a...