Zions Bancorporation N A Stock Price, News & Analysis

Paul Burdiss, CFO of Zions Bancorporation (NASDAQ: ZION), will speak at the RBC Capital Markets Global Financials Conference on March 9 at 9:20 a.m. EST. A live webcast is available on the Zions website and will be archived for 30 days. In 2020, Zions reported annual net revenue of $2.8 billion and managed over $80 billion in assets, ranking as the 9th largest provider of SBA’s Paycheck Protection Program loans.

Zions Bancorporation (NASDAQ: ZION) has authorized a common stock repurchase of up to $50 million for Q1 2021. Additionally, the board declared a quarterly dividend of $0.34 per common share, payable on February 25, 2021, to shareholders of record by February 18, 2021. Cash dividends are also set for perpetual preferred shares, with payments scheduled on March 15, 2021, and June 15, 2021. Zions reported $2.8 billion in revenue for 2020 and operates across 11 western states, emphasizing its strong market position.

Harris Simmons, Chairman and CEO of Zions Bancorporation (NASDAQ: ZION), will speak at the KBW Winter Financial Services Symposium on February 10 at 9:30 a.m. EST. The session will be available via a live webcast on the Zions Bancorporation website. Zions Bancorporation reported $2.8 billion in annual net revenue for 2020, with total assets over $80 billion. The bank operates in 11 western states and is a recognized leader in public finance and small business lending, ranking 9th in providing SBA Paycheck Protection Program loans.

Zions Bancorporation (NASDAQ: ZION) reported a net earnings increase to $275 million ($1.66 per diluted share) for Q4 2020, up from $174 million ($0.97) in Q4 2019. For the full year, net earnings dropped to $505 million ($3.02 per share) compared to $782 million ($4.16) in 2019. Despite low interest rates, revenue was stable, and non-PPP loan volumes stabilized. Average deposits grew 10.6% quarter-over-quarter and 20.3% year-over-year. The CET1 ratio improved to 10.8%, reflecting strong capital position as the bank continues to support small businesses with PPP loans.

Zions Bancorporation (NASDAQ: ZION) announced its earnings release dates for the fiscal year of 2021. The first quarter report will be released on April 19, 2021 at 5:30 p.m. ET, followed by the second quarter on July 19, 2021, the third quarter on October 18, 2021, and the fourth quarter on January 18, 2022. The public and analysts are invited to these conference calls, with access details available on the company's official website three weeks prior to each call.

Nevada State Bank has been recognized as the Best Bank in the Las Vegas Review-Journal’s Best of Las Vegas contest for 2020, marking its fourth consecutive year of accolades. Additionally, the bank received Silver awards for Best Wealth Management and Best Mortgage Lender. In Northern Nevada, it was honored as Best Bank/SBA Lender by the Northern Nevada Business Weekly. Furthermore, the bank won three Readers’ Choice Awards from the Elko Daily Free Press in various categories, showcasing its commitment to high service standards during challenging times.