Cantor Fitzgerald has initiated coverage on Zions Bancorporation NA (ZION), assigning the bank an Overweight rating. This marks the firm's first assessment of Zions, reflecting its analysis of the company's investment potential amid industry dynamics and growth prospects.
Zions Bancorporation, headquartered in Salt Lake City, Utah, operates as a bank holding company, providing a range of banking and related services across several states, including Arizona, California, and Texas. The company’s market capitalization stands at $7.6 billion, with a price-to-earnings ratio of 8.88 and an earnings per share (EPS) of 5.79. Additionally, Zions boasts a notable dividend yield of 604.6%.
Upcoming earnings reports are anticipated, with estimates suggesting an EPS of $1.53 and revenue of $884.0 million for July 20, 2026. Recent performance has shown positive surprises in earnings, including a Q3 2025 EPS of $1.48 compared to an estimate of $1.44, reflecting a 2.8% surprise.
Analyst ratings, such as this new Overweight designation, provide insights into professional evaluations based on extensive research and financial models. However, these assessments should be considered alongside various factors, including company fundamentals and market trends. As the financial landscape evolves, analyst opinions may also shift, underscoring the importance of a comprehensive approach to investment decisions.