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ZIONS BANCORPORATION'S BOARD ANNOUNCES APPROVAL OF SHARE REPURCHASE

1. ZION authorized a $40M share repurchase for fiscal 2025. This move signals management confidence. 2. The bank reported $89B in total assets as of December 2024. Annual net revenue reached $3.1B in 2024. 3. Operates in 11 western states with distinct local brands. It maintains a strong regional presence. 4. Recognized in national banking surveys and industry awards. It is included in major financial indices.

Shares Buyback
+0.08%Current Return
VS
-0.5%S&P 500
$52.8502/24 04:30 PM EDTEvent Start
$52.8902/25 10:56 PM EDTLatest Updated
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FAQ

Why Bullish?

The repurchase signals confidence and may reduce share dilution, potentially boosting EPS. Historically, similar buyback programs in financial stocks have led to short-term price appreciation.

How important is it?

The repurchase is a positive signal but modest compared to the bank's large asset base. It is likely to enhance investor sentiment without dramatically altering fundamentals.

Why Short Term?

Buyback announcements typically create an immediate positive sentiment and can drive short-term price gains, although long-term fundamentals remain driven by overall performance.

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PACWFHN
, /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 WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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