Zions Bancorp (ZION) Tops Q4 EPS by 2c
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January 26, 2016 9:10 AM EST
UBS reiterated a Sell rating on Zions Bancorp (NASDAQ: ZION), and cut the price target to $20.00 (from $28.00), following the company's 4Q earnings report. ZION reported 4Q EPS of $0.43, 2c above consensus. ZION guided to roughly $100 million in provision expense for 2016, which equals the... More
January 26, 2016 7:30 AM EST
Piper Jaffray maintained a Neutral rating on Zions Bancorp (NASDAQ: ZION), and cut the price target to $26.00 (from $31.00), following the company's 4Q earnings report. The lower price target reflects a decline in value for asset sensitivity in the current economic environment and an increase in estimates for "normalized" provisions. ZION reported an adjusted EPS... More
January 26, 2016 7:11 AM EST
FBR Capital reiterated an Outperform rating and $36.00 price target on Zions Bancorp (NASDAQ: ZION) following the company's 4Q earnings report. ZION reported headline earnings of $0.43. This compares to the Street's expectations for $0.41. Following 4Q15 earnings, FBR is lowering FY16 EPS estimates to $2.05 from $2.20 on higher provisions over... More
