ZION Stock Analysis — Zions Bancorporation

Sector: Financials

AI Verdict

ZION trades at a cheap 9.5x forward earnings for a regional bank, but with only 6.7% EPS growth expected and no unique moat beyond local relationships, the low multiple is justified and upside looks limited unless growth accelerates.

Competitive Moat

Zions Bancorporation focuses on regional banking with a network of community-focused branches in the western United States, giving it sticky local deposits and customer relationships. Its defensibility comes from deep ties to local businesses and regulatory barriers that make new regional entrants rare.

Summary

ZION trades at just 9.5x next year's earnings, making it one of the cheaper regional banks on forward numbers.

Where It Stands

The stock is priced at 9.5x forward earnings, well below the financial sector median of 14x, with analysts expecting 6.7% EPS growth and a trailing P/E of 10.1x.

Key Metrics

Trailing P/E: 10.1x
Forward P/E: 9.5x
PEG Ratio: 1.96
Earnings Growth: +0.1%
Revenue Growth: +0.5%
Dividend Yield: 0.03%
52-Week High: $66.18
52-Week Low: $46.09

Analyst Consensus

13 Buy · 14 Hold · 1 Sell (28 analysts)

Bull Case

At 9.5x forward earnings and 6.7% expected EPS growth, you're paying a lower multiple than most banks for moderate earnings growth.

Bear Case

With a trailing PEG of 1.96, the stock is only fairly priced for its growth, so if the sector re-rates to a lower P/E, ZION could see a 20–30% downside just to align with slower-growth peers.

Catalyst to Watch

Quarterly loan loss provisions and deposit growth are key — a miss on either could trigger a re-rating.