Zions Bancorporation N.A. (ZION)

The Federal Reserve is proposing a more favorable capital framework for large banks, with a 9% increase in capital requirements for the largest banks and a 3-4% increase for other large banks. This provides clarity and is seen as a positive outcome for the industry.

Zions Bancorp reported strong second-quarter earnings, surpassing analyst expectations. The bank's net income and revenue both exceeded forecasts, driven by improvements in net interest margin, expense management, and credit quality. The successful completion of a multi-year technology upgrade project is also expected to enhance the bank's capabilities.

Bank OZK's (OZK) ratings and outlook are affirmed by Moody's. This indicates solid financial metrics, while concerns remain in the form of substantial CRE concentration.

In the preceding three months, 9 analysts have released ratings for Zions Bancorp (NASDAQ:ZION), presenting a wide array of perspectives from bullish to bearish. In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 1 7 1 0 Last 30D 0 0 2 0 0 1M Ago 0 1 5 0 0 2M Ago 0 0 0 0 0 3M Ago 0 0 0 1 0 Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $46.22, a high estimate of $52.00, and a low estimate of $40.00. Marking an increase of 2.85%, the current average surpasses the previous average price target of $44.94. Exploring Analyst Ratings: An In-Depth Overview In examining recent analyst actions, we gain insights into how financial experts perceive Zions Bancorp. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets. Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target Erika Najarian UBS Lowers Neutral $45.00 $47.00 Jon Arfstrom RBC Capital Raises Sector Perform $47.00 $46.00 Bernard von-Gizycki Deutsche Bank Announces Hold $47.00 - Jon Arfstrom RBC Capital Raises Sector Perform $46.00 $45.00 Ken Usdin Jefferies Lowers Hold $45.00 $47.00 Steven Alexopoulos JP Morgan Raises Neutral $52.00 $49.50 Jennifer Demba Truist Securities Maintains Hold $46.00 $46.00 John Pancari Evercore ISI Group Raises Outperform $48.00 $47.00 Ken Zerbe Morgan Stanley Raises Underweight $40.00 $32.00 Key Insights: Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', ...Full story available on Benzinga.com

All three major U.S. equity indexes end lower on Friday, with the S&P 500 weighed down by tech stocks.