Zions Bancorporation, N.A. (NASDAQ:ZION) Board of Directors Initiates Stock Buyback Program

Market Beat
2026.05.03 02:07
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Zions Bancorporation, N.A. (NASDAQ:ZION) has initiated a stock buyback program, planning to repurchase $225 million in shares, representing 2.4% of its stock. This move suggests the board believes the stock is undervalued. Analysts have varied opinions on the stock, with target prices ranging from $65 to $72. The company reported a quarterly EPS of $1.56, exceeding estimates, and has a market cap of $9.30 billion. Recent insider sales were also noted, indicating some executives are reducing their holdings.