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Zions Bancorp analysts increase their forecasts after better-than-expected Q2 earnings

· · 1 min read
Zions Bancorp sign on screen
Zions Bancorp sign on screen

Zions Bancorp ZION reported upbeat earnings for the second quarter on Monday. The company posted quarterly earnings of $3.05 per share which beat the analyst consensus estimate of $1.71 per share. The company reported quarterly sales of $1.137 billion which beat the analyst consensus estimate of $901.498 million. Harris H. Simmons, Chairman and CEO of Zions Bancorporation, said, “We’re very pleased with the quarterly results, as earnings per...

Zions Bancorp ZION reported upbeat earnings for the second quarter on Monday.

The company posted quarterly earnings of $3.05 per share which beat the analyst consensus estimate of $1.71 per share. The company reported quarterly sales of $1.137 billion which beat the analyst consensus estimate of $901.498 million.

Harris H. Simmons, Chairman and CEO of Zions Bancorporation, said, “We’re very pleased with the quarterly results, as earnings per share, excluding net equity investment gains, increased 10% to $1.74, compared to $1.58 in the same period a year ago. Net equity investment gains of $215 million on Visa Class B-1 shares and $37 million on SBIC investments added $1.12 and $0.19 per share, respectively, compared to net equity investment gains of $9 million, or $0.05 per share a year ago.”

Zions Bancorp shares fell 3.9% to trade at $69.10 on Tuesday.

These analysts made changes to their price targets on Zions Bancorp following earnings announcement.

  • Baird analyst David George maintained the stock with a Neutral and raised the price target from $68 to $75.
  • TD Cowen analyst Janet Lee maintained the stock with a Hold and raised the price target from $71 to $73.

Considering buying ZION stock? Here’s what analysts think:

Zions Bancorp Analysts Increase Their Forecasts After Better-Than-Expected Q2 Earnings

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© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

This article Zions Bancorp Analysts Increase Their Forecasts After Better-Than-Expected Q2 Earnings originally appeared on Benzinga.com.

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