tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Zions Bancorporation Provisions $60M Amid Legal Issues

Story Highlights
Zions Bancorporation Provisions $60M Amid Legal Issues

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Zions Bancorporation National Association ( (ZION) ) has issued an announcement.

Zions Bancorporation recently discovered legal actions involving two borrowers under its California Bank & Trust division’s loans, leading to an internal review that uncovered misrepresentations and defaults. On October 15, 2025, the bank decided to provision for the full $60 million outstanding under these loans and charge off $50 million, reflecting these in its third-quarter 2025 financial statements, while pursuing legal action for recovery.

The most recent analyst rating on (ZION) stock is a Hold with a $56.00 price target. To see the full list of analyst forecasts on Zions Bancorporation National Association stock, see the ZION Stock Forecast page.

Spark’s Take on ZION Stock

According to Spark, TipRanks’ AI Analyst, ZION is a Neutral.

Zions Bancorporation’s overall stock score is driven by strong earnings growth and profitability, as highlighted in the earnings call, and a reasonable valuation with a solid dividend yield. However, technical indicators suggest bearish momentum, and financial performance reveals challenges in revenue growth and cash flow management, which weigh on the overall score.

To see Spark’s full report on ZION stock, click here.

More about Zions Bancorporation National Association

Zions Bancorporation National Association operates in the banking industry, providing a range of financial services primarily through its California Bank & Trust division.

Average Trading Volume: 1,489,354

Technical Sentiment Signal: Strong Buy

Current Market Cap: $7.95B

For detailed information about ZION stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1