Zions Bancorporation National AssociationNASDAQ: ZION

Zions (ZION) remains well-positioned for growth, given the solid loans and deposits, higher rates and stabilizing deposit costs. Yet, rising expenses and poor asset quality remain woes.

Zions (ZION) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

In addition to evaluating Wall Street's expectations for Zions (ZION) in terms of revenue and profit, consider analyzing forecasts for other important performance indicators to better assess the company's performance in the first quarter of 2024.

Zions' (ZION) revenue is expected to increase due to strong loan and deposit balances, fee income, high interest rates, and asset yield repricing. However, the company is facing challenges with rising expenses and poor asset quality.

Zions (ZION) lacks the necessary elements for a potential earnings surprise in its upcoming report. Be ready with the important predictions.

Zions (ZION) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

SALT LAKE CITY , March 26, 2024 /PRNewswire/ -- Zions Bancorporation (Nasdaq: ZION) will hold its Annual Meeting of Shareholders on Friday, April 26, 2024, at 1:00 p.m. Mountain Time.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Zions (ZION) and Whirlpool are set to be replaced by two other companies in the S&P 500 Index, effective Mar 18.