Zions Bancorporation, National Association (NASDAQ:ZION) Shows Positive Analyst Sentiment and Growth Potential

• The consensus price target for Zions Bancorporation (NASDAQ:ZION) has increased over the past year, indicating a positive outlook from analysts.
• Recent earnings surpassed estimates with a profit of $1.24 per share, suggesting operational efficiency and growth.
• Despite market volatility, Zions has shown resilience, with credit quality remaining strong and not a major concern.

Zions Bancorporation, National Association (NASDAQ:ZION) is a prominent financial institution based in Utah. It provides a range of banking services, including commercial and retail banking, mortgage lending, and wealth management. The company operates through a network of branches across the United States. Zions competes with other major banks like Wells Fargo and JPMorgan Chase in the financial services sector.

The consensus price target for Zions has shown a positive trend over the past year. Last month, the average price target was $57, reflecting a positive sentiment among analysts. This suggests an expectation of growth or stability in the company's stock price. Analyst David Long from Raymond James has set a higher price target of $80, indicating a strong belief in the company's potential.

In the last quarter, the average price target was $54.67, showing an increase from the previous year. This reflects a more optimistic outlook from analysts over recent months. Zions reported its first-quarter 2025 earnings, surpassing estimates due to increased net interest income and non-interest income. However, higher provisions and adjusted expenses slightly offset these positive results.

Over the past year, the average price target was $54.82, indicating a steady improvement in analysts' expectations for Zions. Despite experiencing significant volatility since March, the company's shares have largely rebounded. Credit quality remained resilient in the last quarter, and credit risk is not a major concern for the company, as highlighted by analyst David Long.

Investors should consider these changes in conjunction with other factors such as market conditions and company performance. Zions' recent earnings report revealed a profit of $1.24 per share, surpassing the Zacks Consensus Estimate of $1.20 per share. This result, along with strategic initiatives and partnerships, contributes to the positive outlook for Zions Bancorporation.