Yahoo Finance • 10 months ago

UPDATE 2-Zions Bancorporation says veteran Scott Anderson to retire

(Adds background on the sector from paragraph 3 onwards) Feb 23 (Reuters) - Zions Bancorporation said on Friday that veteran Scott Anderson was set to retire after serving as president and CEO of Zions Bank for more than 25 years, amid re... Full story

Yahoo Finance • 10 months ago

Zions Bancorporation says veteran Scott Anderson to retire

(Reuters) - Zions Bancorporation said on Friday that veteran Scott Anderson was set to retire after serving as president and CEO of Zions Bank for more than 25 years, amid renewed uncertainty over the health of the U.S. regional banking se... Full story

Yahoo Finance • 10 months ago

Leadership Changes Announced at Zions Bank, Zions Bancorporation

SALT LAKE CITY, Feb. 23, 2024 /PRNewswire/ -- Zions Bancorporation (NASDAQ: ZION) today announced several leadership changes which will become effective on April 1, 2024, at Zions Bank, Zions Bancorporation's largest banking division, and... Full story

Yahoo Finance • 10 months ago

ZIONS BANCORPORATION RANKS THIRD AMONG U.S. BANKS IN 2023 GREENWICH EXCELLENCE AWARDS

SALT LAKE CITY, Feb. 22, 2024 /PRNewswire/ -- Zions Bancorporation (NASDAQ: ZION) is pleased to announce that it received 20 Greenwich Excellence and all six Best Brand Awards, a total of 26 awards in middle market and small business banki... Full story

Yahoo Finance • 10 months ago

Zions Bancorporation National Association (NASDAQ:ZION) Has Affirmed Its Dividend Of $0.41

The board of Zions Bancorporation, National Association (NASDAQ:ZION) has announced that it will pay a dividend on the 22nd of February, with investors receiving $0.41 per share. This makes the dividend yield 4.2%, which will augment inves... Full story

Yahoo Finance • 11 months ago

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

SALT LAKE CITY, Feb. 2, 2024 /PRNewswire/ -- Zions Bancorporation, N.A. (NASDAQ: ZION) announced today that its board of directors ("board") authorized a share repurchase for fiscal year 2024 of up to $35 million. The board also declared... Full story

Yahoo Finance • 11 months ago

12 Best American Bank Stocks To Buy According to Analysts

In this piece, we will take a look at the 12 best American bank stocks to buy according to analysts. If you want to skip our take on the latest bit of turmoil in the U.S. banking industry and other details, then you can jump ahead and read... Full story

Yahoo Finance • 11 months ago

Global Span of Banks’ Commercial Real Estate Problem Starts Locally

HEARD ON THE STREET Why are U.S. commercial real estate problems rapidly going global? The reasons are actually quite local. Many of the problems identified in the property market, such as low occupancy rates for office buildings and the c... Full story

Yahoo Finance • 11 months ago

Division CEO A Anderson Sells Shares of Zions Bancorp NA

Zions Bancorp NA (NASDAQ:ZION), a financial services company providing a range of banking and related services primarily in Utah, Idaho, Texas, and California, has reported an insider sale according to a recent SEC filing. Division CEO A A... Full story

Yahoo Finance • 11 months ago

Q4 2023 Zions Bancorporation NA Earnings Call

Participants Derek Steward; Executive VP & Chief Credit Officer; Zions Bancorporation, National Association Harris Henry Simmons; Chairman & CEO; Zions Bancorporation, National Association Paul E. Burdiss; Executive VP & CFO; Zions Banc... Full story

Yahoo Finance • last year

Why the regional banking chaos of 2023 could shake lenders for years to come

The chaos that roiled regional banks this year could have been a lot worse. It is still likely to shake these lenders for some time to come. When US regulators seized Silicon Valley Bank, Signature Bank and First Republic between March an... Full story

Yahoo Finance • last year

Bank Stocks Cheer for Lower Rates

Bank stocks are enjoying the chatter about potential [interest-rate cuts](https://www.wsj.com/economy/central-banking/fed-holds-rates-steady-and-sees-cuts-next-year-4d554e9f) at the Fed. The KBW Nasdaq Bank Index of big lenders was recentl... Full story

Yahoo Finance • 2 years ago

PacWest, Regional Bank Stocks Gain

PacWest and other regional banks are starting the week with gains after selling off last week. Regional bank stocks have been volatile since the [banking turmoil that erupted in March](https://www.wsj. Continue reading... Full story

Yahoo Finance • 2 years ago

PacWest Stock Sinks Again After Fresh Deposit Outflow

Another tough session for regional bank stocks is in store. PacWest Bancorp fell over 21% in early trading Thursday after the troubled lender revealed another round of deposit flight. PacWest said in a securities filing that it lost 9. Co... Full story

Yahoo Finance • 2 years ago

PacWest, Western Alliance crash as regional bank fears continue to shake markets

PacWest (PACW) and Western Alliance (WAL) plunged Tuesday as investors remained convinced the worst is not yet over for troubled regional banks. Their drops of roughly 39% and 21% in morning trading come one day after JPMorgan Chase (JPM)... Full story

Yahoo Finance • 2 years ago

Regional Banks: First Republic Deposits Plunge By $72 Billion In Q1

Regional banks' Q1 results provide details of the impact from the March panic. First Republic stock dived late Monday on deposit flight. Continue reading... Full story

Yahoo Finance • 2 years ago

Deposits dropped at regional banks USB and CFG during 1Q tumult

Deposits dropped at US Bancorp (USB) and Citizens Financial Group (CFG) during the first quarter, offering new signs of how challenging the period was for some of the nation's regional lenders. At US Bancorp, a Minneapolis-based instituti... Full story

Yahoo Finance • 2 years ago

What Makes Zions Bancorporation, National Association (ZION) an Attractive Stock Now?

Fiduciary Management Inc. (FMI), an independent money management firm, released its first quarter 2023 investor letter. A copy of the same can be downloaded here. A global banking crisis and severe financial market volatility affected the... Full story

Yahoo Finance • 2 years ago

Is It Time to Buy the S&P 500's 3 Worst-Performing March Stocks?

The S&P 500 was up 3.5% in March. It should come as no surprise, then, that the three worst-performing stocks on the S&P 500 in March were all banks. The three worst-performing stocks on the S&P 500 in March were First Republic Bank (NYSE:... Full story

Yahoo Finance • 2 years ago

Regional and big banks close the week in the red across the board

The Yahoo Finance Team takes a look at what happened with regional and big banks during the week.... Full story