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ZIONZions Bancorporation N.A.Hold6.4·$66.73+0.69%
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Zions Bancorporation N.A. (ZION) Stock Analysis

Breakout setup

HoldModerate Confidence

Financial Services · Banks - Regional

Hold if already holding. Not a fresh buy at $66.73, but acceptable to hold if already in. Reasons: Single-region cliff: 77% exposure to Utah, Idaho, Texas, and California (≥60% threshold). Regional macroeconomic shock = idiosyncratic terminal risk.; Concentration risk — Geographic: Utah, Idaho, Texas, and California (77.0%).

Zions Bancorporation, N.A. is a national bank headquartered in Salt Lake City, Utah, with $89 billion in total assets and $3.4 billion in net revenue in 2025, serving 1+ million customers through 407 branches across 11 Western states via seven affiliate brands. Net interest... Read more

$66.73-0.1% A.UpsideScore 6.4/10#29 of 142 Banks - Regional
QualityF-score8 / 9FCF yield
IncomeYield2.72%(5y avg 3.37%)Payout27.64%sustainable
Stop $63.91Target $66.63(resistance)A.R:R -0.6:1
Analyst target$68.75+3.0%20 analysts
$66.63our TP
$66.73price
$68.75mean
$63
$80

Hold if already holding. Not a fresh buy at $66.73, but acceptable to hold if already in. Reasons: Single-region cliff: 77% exposure to Utah, Idaho, Texas, and California (≥60% threshold). Regional macroeconomic shock = idiosyncratic terminal risk.; Concentration risk — Geographic: Utah, Idaho, Texas, and California (77.0%). Chart setup: Golden cross, above all MAs, RSI 69, MACD bullish. Maintain position. Not compelling to add more. Score 6.4/10, moderate confidence.

Passes 6/9 gates (positive momentum, clean insider activity, news boost analyst 0.60, earnings proximity 34d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio and finsvc regional cliff hard block. Suitability: moderate.

TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Mon, Jul 20, 202634d to earnings· next earnings call

Thesis

Rewards
Strong earnings beat streak (4/4)
Strong growth profile
Positive momentum
Risks
Single-region cliff: 77% exposure to Utah, Idaho, Texas, and California (≥60% threshold). Regional macroeconomic shock = idiosyncratic terminal risk.
Concentration risk — Geographic: Utah, Idaho, Texas, and California (77.0%)
Concentration risk — Regulatory: OCC

Key Metrics

P/E (TTM)10.3
P/E (Fwd)9.9
Mkt Cap$9.7B
EV/EBITDA
Profit Mgn28.4%
ROE14.1%
Rev Growth10.2%
Beta0.81
Dividend2.72%
Rating analysts28

Quality Signals

Piotroski F8/9MoatNarrow

Options Flow

P/C0.28bullish
IV42%normal
Max Pain$48-28.8% vs spot

Concentration Risks(10-K Item 1A)

  • HIGHGeographicUtah, Idaho, Texas, and California77%
    10-K Item 1A: 'our banking operations in Utah, Idaho, Texas, and California represented 77% of our commercial lending portfolio'
  • MEDIUMloan_portfolioreal estate, oil and gas, and leveraged lending
    10-K Item 1A: 'We have a concentration of risk within our loan portfolio, including, but not limited to, loans secured by real estate, oil and gas-related lending, and leveraged and enterprise value lending'
  • HIGHregulatoryOCC
    10-K Item 1: 'we are subject to the regulatory oversight of the Office of the Comptroller of the Currency ("OCC")'

Material Events(8-K, last 90d)

  • 2026-06-02Item 5.02LOW
    Board expanded from 11 to 12 directors; Daniel J. Ryan (retired PricewaterhouseCoopers partner) elected effective June 2, 2026. Appointed to Audit and Risk Oversight Committees effective July 1, 2026. No reason cited.
    SEC filing →

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.

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Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

10 dimensions · all in-band

GatesA.R:R -0.6=NEGATIVEFINSVC REGIONAL CLIFF HARD BLOCKExecutive change: officer departure/appointmentMomentum 7.4>=5.5Insider activity: OKNEWS BOOST ANALYST 0.60EARNINGS PROXIMITY 34d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARBreakoutSuitability: Moderate
RSI
69 · Neutral
20D MA 50D MA 200D MAGOLDEN CROSSSupport $59.19Resistance $67.99

Price Targets

$64
$67
A.Upside-0.1%
A.R:R-0.6:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Target reached (-7.3% upside)
! Negative risk/reward — downside exceeds upside
! FINSVC_REGIONAL_CLIFF:HARD_BLOCK

Earnings

B
B
B
B
4/4 beats
Next Earnings2026-07-20 (34d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is ZION stock a buy right now?

Hold if already holding. Not a fresh buy at $66.73, but acceptable to hold if already in. Reasons: Single-region cliff: 77% exposure to Utah, Idaho, Texas, and California (≥60% threshold). Regional macroeconomic shock = idiosyncratic terminal risk.; Concentration risk — Geographic: Utah, Idaho, Texas, and California (77.0%). Chart setup: Golden cross, above all MAs, RSI 69, MACD bullish. Maintain position. Not compelling to add more. Target $66.63 (-0.1%), stop $63.91 (−4.4%), A.R:R -0.6:1. Score 6.4/10, moderate confidence.

What is the ZION stock price target?

Take-profit target: $66.63 (-0.1% upside). Target $66.63 (-0.1%), stop $63.91 (−4.4%), A.R:R -0.6:1. Stop-loss: $63.91.

What are the risks of investing in ZION?

Single-region cliff: 77% exposure to Utah, Idaho, Texas, and California (≥60% threshold). Regional macroeconomic shock = idiosyncratic terminal risk.; Concentration risk — Geographic: Utah, Idaho, Texas, and California (77.0%); Concentration risk — Regulatory: OCC.

Is ZION overvalued or undervalued?

Zions Bancorporation N.A. trades at a P/E of 10.3 (forward 9.9). TrendMatrix value score: 6.7/10. Verdict: Hold.

What do analysts say about ZION?

28 analysts cover ZION with a consensus score of 3.6/5. Average price target: $69.

What does Zions Bancorporation N.A. do?Zions Bancorporation, N.A. is a national bank headquartered in Salt Lake City, Utah, with $89 billion in total assets...

Zions Bancorporation, N.A. is a national bank headquartered in Salt Lake City, Utah, with $89 billion in total assets and $3.4 billion in net revenue in 2025, serving 1+ million customers through 407 branches across 11 Western states via seven affiliate brands. Net interest income from commercial, CRE, and consumer loans is the primary revenue source; Utah, Idaho, Texas, and California account for 77% of commercial loans.

Related stocks: CUBI (Customers Bancorp, Inc) · IFS (Intercorp Financial Services In) · SSB (SouthState Bank Corporation) · PNFP (Pinnacle Financial Partners, In) · INTR (Inter & Co. Inc.)
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