ZIONS BANCORPORATION'S BOARD DECLARES DIVIDENDS ON COMMON AND PREFERRED STOCK

Rhea-AI Summary

Zions Bancorporation (NASDAQ: ZION) has announced its board's declaration of quarterly dividends. Common shareholders will receive $0.43 per share, payable February 20, 2025, to shareholders of record as of February 13, 2025. The board also declared a regular quarterly cash dividend on Series A perpetual preferred shares (NASDAQ: ZIONP), payable March 17, 2025, to shareholders of record on March 1, 2025.

The company reported total assets of approximately $89 billion as of December 31, 2024, with annual net revenue of $3.1 billion in 2024. Zions operates in 11 western states and is recognized for its small and middle-market banking services, public finance advisory services, and Small Business Administration lending. The company is included in the S&P MidCap 400 and NASDAQ Financial 100 indices.

Positive

• Maintained quarterly dividend of $0.43 per common share
• Strong asset base of $89 billion
• Substantial annual net revenue of $3.1 billion in 2024
• Diverse geographic presence across 11 western states

Negative

• None.

News Market Reaction

-0.41%

1 alert

-0.41% News Effect

On the day this news was published, ZIONP declined 0.41%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

SALT LAKE CITY, Jan. 31, 2025 /PRNewswire/ -- Zions Bancorporation, N.A. (NASDAQ: ZION) announced today that its board of directors ("board") declared a regular quarterly dividend of $0.43 per common share, payable February 20, 2025, to shareholders of record at the close of business on February 13, 2025.

Additionally, the board declared the regular quarterly cash dividend on the company's Series A perpetual preferred shares (NASDAQ: ZIONP; CUSIP: 98973A104). The cash dividend on the preferred shares is payable March 17, 2025, to shareholders of record on March 1, 2025.

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.

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SOURCE Zions Bancorporation

FAQ

What is ZION's quarterly dividend amount for Q1 2025?

Zions Bancorporation declared a quarterly dividend of $0.43 per common share for Q1 2025.

When is the payment date for ZION's Q1 2025 common stock dividend?

The Q1 2025 common stock dividend will be paid on February 20, 2025.

What was Zions Bancorporation's total asset value at the end of 2024?

Zions Bancorporation reported approximately $89 billion in total assets as of December 31, 2024.

What was ZION's annual net revenue for 2024?

Zions Bancorporation reported an annual net revenue of $3.1 billion for 2024.

When is the record date for ZION's Series A preferred shares dividend?

The record date for Zions Bancorporation's Series A preferred shares dividend is March 1, 2025.