
Zions Bancorp (ZION) Stock Forecast & Price Target
Zions Bancorp (ZION) Analyst Ratings
Bulls say
Zions Bancorp has reported a sequential increase in net interest income of 1.6% to $683 million, alongside a net interest margin (NIM) of 3.31%, which reflects stable lending conditions and effective cost management. The bank's deposit balances rose by 1.0% to $75.6 billion, supported by increased savings balances, while core customer fee growth is anticipated to trend moderately upward, particularly in capital markets revenue. Additionally, the company's annualized loan growth of 4% and improved deposit trends further bolster a positive outlook on its financial performance.
Bears say
Zions Bancorp's financial outlook is negatively impacted by several factors, including a persistent decline in loan growth prospects and the potential for a downturn in the U.S. economy, which can severely affect overall profitability. Additionally, the bank's exposure to the oil and gas industry poses risks, as prolonged low oil prices could lead to decreased loan demand and increased losses in this sector. Furthermore, despite a slight decrease in non-performing assets and classified loans, the allocation for loan loss provisions remains concerning, suggesting potential underlying credit quality issues that may threaten future financial stability.
This aggregate rating is based on analysts' research of Zions Bancorp and is not a guaranteed prediction by Public.com or investment advice.
Zions Bancorp (ZION) Analyst Forecast & Price Prediction
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