Jefferies Raises Price Target on Zions Bancorp (ZION) to $31 Following 2Q; Reiterates Hold
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Zions Bancorporation Reports Second Quarter Financial Results
July 26, 2016 4:10 PM EDTSALT LAKE CITY, July 26, 2016 /PRNewswire/ -- Zions Bancorporation (NASDAQ: ZION) ("Zions" or "the Company") today reported net earnings applicable to common shareholders for the second quarter of 2016 of $90.6 million, or $0.44 per diluted common share, compared to net earnings applicable to common shareholders of $78.8 million, or $0.38 per diluted common share, for the first quarter of 2016 and a net loss applicable to common shareholders of $(1.1) million, or $(0.01) per diluted common share, for the second quarter of 2015.
Harris H. Simmons, Chairman and CEO, commented, "We are pleased with the Company's positive momentum, as... More
