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ZIONS BANCORPORATION'S BOARD ANNOUNCES APPROVAL OF SHARE REPURCHASE

1. ZION board approved a $40M share repurchase program. Announcement released today. 2. The bank reported $89B in assets and $3.1B revenue. Strength is evident. 3. Operations span 11 western states with recognized local brands. Reputation remains strong.

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Why Bullish?

The $40M share repurchase signals management confidence and a commitment to enhancing shareholder value. Historically, bank repurchase programs have positively influenced stock prices by reassuring investors.

How important is it?

The repurchase program is a significant shareholder-friendly move that may moderately drive future price momentum. Although typical, it reinforces confidence in ZION's robust operational fundamentals.

Why Short Term?

Share repurchases tend to yield a near-term boost in investor sentiment and price support. Past instances in the banking sector show immediate market reactions following similar announcements.

Related Companies

SALT LAKE CITY, Feb. 24, 2025 /PRNewswire/ -- Zions Bancorporation, N.A. (NASDAQ: ZION) announced today that its board of directors ("board") authorized a share repurchase for fiscal year 2025 of up to $40 million. Zions Bancorporation, N.A. is one of the nation's premier financial services companies with approximately $89 billion of total assets at December 31, 2024, and annual net revenue of $3.1 billion in 2024. Zions operates under local management teams and distinct brands in 11 western states: Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming. The Bank is a consistent recipient of national and state-wide customer survey awards in small- and middle-market banking, as well as a leader in public finance advisory services and Small Business Administration lending. In addition, Zions is included in the S&P MidCap 400 and NASDAQ Financial 100 indices. Investor information and links to local banking brands can be accessed at www.zionsbancorporation.com. FOR: ZIONS BANCORPORATION                                             One South Main Street                                                           Salt Lake City, Utah                                                                 Harris H. SimmonsChairman/Chief Executive Officer SOURCE Zions Bancorporation

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