Zions Bancorporation (ZION)
NASDAQFinancialsBanks - RegionalSnapshot 2026-09-04
$69.37+0.09%
Close 2026-09-04 · 1-day change
NASDAQFinancialsBanks - RegionalSnapshot 2026-09-04
QuarterlyIQ Insights · ZION
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
No current thesis-health read is available for this company.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | -5.7% |
| Our one-year growth estimate | diamond | 92.8% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to the broad stock market.
Based on historical daily prices through 2026-09-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
A larger daily loss that occurred about once in every 20 trading days.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 98.6 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-09-04 · Compared with 219 industry peers
ZION — director transition
Dated 2026-06-02
Director — Daniel J. Ryan: Election of a new director to the board with no indication of unusual circumstances.
Why it matters: Slower deposit growth may mean customers are less confident. This can affect liquidity and lending.
Worry ifCustomer deposit growth exceeds 3% year over year.
Less concerning ifCustomer deposit growth falls below 2% year over year.
Why it matters: Sector revenue trends impact Zions' performance. If sector growth slows, it may affect Zions' growth outlook.
Worry ifSector revenue growth drops below its median of 12% over the next quarter.
Less concerning ifSector revenue growth remains above its median of 12%.
Why it matters: Improving cash flow shows Zions is enhancing its operational efficiency. Strong cash flow supports growth plans.
Supportive ifCash from operations is more than $423 million in Q2.
Worry ifCash from operations is less than $350 million in Q2.
Why it matters: A lower efficiency ratio means better cost management. This shows Zions' focus on operations.
Supportive ifEfficiency ratio drops below 65% in Q3 2026.
Worry ifEfficiency ratio stays at or above 65% in Q3 2026.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$91 on $10,000 · ±0.9% | How much price usually moves either way. |
| Bad day | $277 loss on $10,000 · 2.8% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $2,066 loss on $10,000 · 20.7% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Why it matters: A high credit loss provision shows more credit risk. This may affect Zions' stability.
Worry ifProvision for credit losses exceeds $20 million in Q2 2026.
Less concerning ifProvision for credit losses is below $20 million in Q2 2026.
Why it matters: A declining net interest margin could hurt profitability. This is a key metric for banks.
Worry ifNet interest margin stays above 3.30%.
Less concerning ifNet interest margin drops below 3.10%.
Why it matters: A drop in the CET1 capital ratio may show financial trouble. It can affect lending.
Worry ifCET1 capital ratio falls below 11.0%.
Less concerning ifCET1 capital ratio remains at or above 11.0%.
Why it matters: Changes in classified loans can show shifts in credit quality and risk management.
Worry ifClassified loans decrease to below 3.80% of total loans in Q2 2026.
Less concerning ifClassified loans rise above 3.80% of total loans. This shows increasing credit risk.
Why it matters: A strong CET1 ratio shows good capital health, which is key for stability and growth.
Supportive ifCET1 ratio remains above 11.5% in Q3.
Worry ifCET1 ratio falls below 11.0% in Q3.
Why it matters: Net interest income growth is key to Zions' earnings. A slowdown could signal trouble.
Worry ifQ3 net interest income growth reported below 4% year over year.
Less concerning ifQ3 net interest income growth exceeds 4% year over year.
Why it matters: Earnings growth is a key priority for Zions. A strong Q3 would show continued success.
Supportive ifQ3 net earnings exceed $450 million, indicating strong growth from Q2.
Worry ifQ3 net earnings fall below $400 million, suggesting a slowdown in growth.
Why it matters: More charge-offs may mean credit quality problems. This matters for investor trust.
Worry ifNet charge-offs go over 0.10% of average loans in Q3. This shows credit worries.
Less concerning ifNet charge-offs stay under 0.05% of average loans in Q3. This shows strong credit.
Why it matters: Changes in interest rates can affect net interest margin. This is key for profitability.
Watch forNet interest margin goes above 3.30% after the FOMC meeting in September.
Also watch forNet interest margin drops below 3.20% after the FOMC meeting in September.
Why it matters: Revenue growth shows Zions is doing well with its growth plan. More revenue can bring in more investors.
Supportive ifQ2 revenue increases year over year by more than 10% compared to Q1's $172 million.
Worry ifQ2 revenue growth is less than 5% year over year.
Why it matters: Slower growth in this area could signal weakening demand for banking services.
Worry ifCustomer income growth is below 10% compared to last year.
Less concerning ifCustomer income growth is above 10% compared to last year.