ZIONS BANCORPORATION'S BOARD ANNOUNCES APPROVAL OF SHARE REPURCHASE AND DECLARES DIVIDENDS ON COMMON AND PREFERRED STOCK

Rhea-AI Summary

Zions Bancorporation (NASDAQ: ZION) announced a board-authorized share repurchase program of up to $75 million for Q1 2026 and declared a regular quarterly common dividend of $0.45 per share, payable February 19, 2026 (record date February 12, 2026).

The board also declared the quarterly cash dividend on Series A perpetual preferred shares, payable March 16, 2026 (record date March 1, 2026). The company reported approximately $89 billion in total assets at December 31, 2025 and $3.4 billion in 2025 net revenue.

Positive

• Board authorized $75 million share repurchase for Q1 2026
• Declared quarterly common dividend of $0.45 per share payable Feb 19, 2026
• Reported $89 billion total assets as of Dec 31, 2025
• Reported $3.4 billion net revenue for 2025

Negative

• Repurchase timing and amount subject to regulatory and market uncertainty
• Dividend obligations continue near-term cash outflows in Feb–Mar 2026

Key Figures

Share repurchase authorization: $75 million Common dividend: $0.45 per share Common dividend pay date: February 19, 2026 +5 more

8 metrics

Share repurchase authorization $75 million Common stock buyback cap for Q1 2026

Common dividend $0.45 per share Regular quarterly dividend declared for common stock

Common dividend pay date February 19, 2026 Payable date for declared common dividend

Common dividend record date February 12, 2026 Shareholders of record date for common dividend

Preferred dividend pay date March 16, 2026 Payable date for Series A preferred dividend

Preferred dividend record date March 1, 2026 Record date for Series A preferred dividend

Total assets $89 billion Approximate total assets at December 31, 2025

Annual net revenue $3.4 billion Company net revenue for 2025

Market Reality Check

Price: $19.95 Vol: Volume 1.41M is 19% below...

normal vol

$19.95 Last Close

Volume Volume 1.41M is 19% below 20-day average 1.76M ahead of this announcement. normal

Technical Price $59.43 trades 11% above 200-day MA $53.45 and 4.6% below 52-week high $62.26.

Peers on Argus

ZION gained 1.89% pre-announcement. Key peers were mixed but mostly positive (e....

ZION gained 1.89% pre-announcement. Key peers were mixed but mostly positive (e.g., ONB +1.92%, WTFC +1.41%, CBSH slightly negative), while the momentum scanner did not flag a coordinated sector move.

Historical Context

5 past events · Latest: Jan 20 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Jan 20	Earnings results	Positive	+4.2%	Q4 2025 earnings growth and strong credit metrics drove a positive reaction.
Dec 22	Leadership change	Neutral	-1.6%	Announced retirement of Zions Bank CEO and appointment of internal successor.
Dec 03	Earnings calendar	Neutral	+1.6%	Published 2026 quarterly earnings release dates and call schedule for investors.
Nov 18	Conference appearance	Positive	+2.2%	Planned presentation at a major financial services conference with webcast access.
Nov 10	Subsidiary leadership	Neutral	+0.7%	Appointment of new President & CEO at Vectra Bank Colorado, a Zions affiliate.

Pattern Detected

Recent company news has often coincided with modest positive price reactions, especially around earnings and investor-related communications.

Recent Company History

Over the past several months, Zions reported solid Q4 2025 results on Jan 20, 2026, with that earnings release followed by a 4.21% gain. Earlier communications focused on leadership transitions at Zions Bank, conference participation, and scheduling earnings dates, generally accompanied by small positive moves. Today’s buyback and dividend announcement fits into a pattern of shareholder- and investor-focused updates following a year with about $89 billion in assets and multi-billion dollar net revenue.

Market Pulse Summary

This announcement combined a new share repurchase authorization of up to $75 million for Q1 2026 wit...

Analysis

This announcement combined a new share repurchase authorization of up to $75 million for Q1 2026 with a regular $0.45 common dividend and ongoing preferred dividends, underscoring continued capital returns. It follows strong Q4 2025 results and a year with about $89 billion in assets and $3.4 billion net revenue. Investors may watch execution of the buyback, future dividend actions, and upcoming 2026 earnings dates for additional signals.

Key Terms

share repurchase, perpetual preferred shares, cusip, s&p midcap 400, +1 more

5 terms

share repurchase financial

"board has authorized a share repurchase of up to $75 million"

A share repurchase is when a company uses cash to buy its own shares from the market, reducing the number of shares available to outside investors. Like a homeowner buying back rooms in a shared house to increase their own stake, repurchases can raise earnings per share and often signal management thinks the stock is undervalued, but they also use up cash that could have gone to dividends, investments, or debt reduction — all important considerations for investors.

perpetual preferred shares financial

"declared the regular quarterly cash dividend on the company's Series A perpetual preferred shares"

Perpetual preferred shares are a type of equity that pays regular, often fixed, dividends indefinitely and does not have a maturity date like a bond. They rank above common stock for dividends and in liquidation, so they can act like a steady-income hybrid between stock and bond; investors care because these shares offer ongoing income and higher priority in payouts but typically have limited upside and interest-rate and issuer-credit risk.

cusip financial

"Series A perpetual preferred shares (NASDAQ: ZIONP; CUSIP: 98973A104)"

A CUSIP is a nine-character alphanumeric code that uniquely identifies a U.S. or Canadian financial security—such as a stock, bond, or fund share—like a Social Security number for an investment. It matters to investors because brokers, exchanges and record-keepers use the CUSIP to match trades, track ownership, settle transactions and pull accurate records, reducing errors and ensuring money and securities go to the right place.

s&p midcap 400 technical

"In addition, Zions is included in the S&P MidCap 400 and NASDAQ Financial 100 indices."

The S&P MidCap 400 is a group of 400 companies that are smaller than the big, well-known corporations but larger than tiny startups. It helps investors see how medium-sized companies are performing in the stock market, acting like a barometer for this middle-sized group of businesses.

nasdaq financial 100 technical

"included in the S&P MidCap 400 and NASDAQ Financial 100 indices."

A stock index that measures the performance of 100 large financial companies listed on the Nasdaq stock market, including banks, brokerages, asset managers, insurance firms and other finance-related businesses. It matters to investors because it acts like a single thermometer for the health of the financial sector, serves as a benchmark to compare funds and managers, and underlies index funds or ETFs that let investors buy broad financial-sector exposure without picking individual stocks.

AI-generated analysis. Not financial advice.

SALT LAKE CITY, Jan. 30, 2026 /PRNewswire/ -- Zions Bancorporation, N.A. (NASDAQ: ZION) announced today that its board of directors ("board") has authorized a share repurchase of up to $75 million of the company's common stock for the first quarter of 2026. The timing and amount of any such action will depend on market conditions, regulatory requirements, and other factors or uncertainties and may be updated at the discretion of the board.

The board also declared a regular quarterly dividend of $0.45 per common share, payable February 19, 2026, to shareholders of record at the close of business on February 12, 2026.

Additionally, the board declared the regular quarterly cash dividend on the company's Series A perpetual preferred shares (NASDAQ: ZIONP; CUSIP: 98973A104). The cash dividends on the preferred shares are payable March 16, 2026, to shareholders of record on March 1, 2026, with reference to the shareholder list as of the close of business on the prior business day, February 27, 2026.

Zions Bancorporation, N.A. is one of the nation's premier financial services companies with approximately $89 billion of total assets at December 31, 2025, and annual net revenue of $3.4 billion in 2025. 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.

View original content to download multimedia:https://www.prnewswire.com/news-releases/zions-bancorporations-board-announces-approval-of-share-repurchase-and-declares-dividends-on-common-and-preferred-stock-302675328.html

SOURCE Zions Bancorporation

FAQ

What share repurchase did Zions Bancorporation (ZION) announce for Q1 2026?

The board authorized a repurchase program of up to $75 million for Q1 2026. According to Zions Bancorporation, timing and actual purchases will depend on market conditions, regulatory requirements, and other factors and may be adjusted at the board's discretion.

When is the ZION common dividend payable and who is eligible?

ZION declared a quarterly common dividend of $0.45 per share, payable February 19, 2026. According to Zions Bancorporation, shareholders of record at the close of business on February 12, 2026 are eligible to receive the payment.

What are the key dates for the ZION Series A preferred dividend in 2026?

The Series A preferred cash dividend is payable March 16, 2026 with a record date of March 1, 2026. According to Zions Bancorporation, the shareholder list reference date is the close of business on February 27, 2026.

How large is Zions Bancorporation in assets and revenue as of year-end 2025?

Zions reported approximately $89 billion in total assets and $3.4 billion in annual net revenue for 2025. According to Zions Bancorporation, these metrics describe the company's scale across its operations in 11 western states.

How might the $75 million buyback affect ZION shareholders in the short term?

A repurchase up to $75 million could support per-share metrics if executed, but purchases are conditional. According to Zions Bancorporation, actual timing and amounts depend on market and regulatory factors, so short-term impact will vary with execution.