ZION

In August 2026, Zions Bancorporation acquired the agency lending business of Basis Multifamily Finance I, LLC, and completed the acquisition of Fannie Mae and Freddie Mac multifamily business line from Basis Investment Group, subsequently appointing Vince Toye to lead the new platform in September 2026. In June 2026, the company announced the sale of Amegy Bank's factoring portfolio to Commercial Funding Inc. Zions selected nCino as its technology platform in April 2026 to digitally transform its loan origination process. In July 2026, the board approved a share repurchase and declared dividends on common and preferred stock, including a regular quarterly dividend of $0.48 per common share payable in August 2026, representing a 6.7% increase. Also in July 2026, Zions Bancorporation announced the pricing of senior notes. The company reported its second-quarter financial results in July 2026, with a quarterly net profit of $453 Million in June 2026, an 85.7% year-over-year growth, and is estimated to release its third-quarter 2026 earnings on October 19, 2026. In October 2026, Morgan Stanley raised ZION's price target to $78 from $77 but issued a 'Sell' rating. Broader market news in September 2026 included reports of the Fed planning to boost thresholds for bank oversight and U.S. banks hiking prime rates. The stock price as of September 25, 2026, was $63.83 per share, an increase of 10.93% from $57.54 per share on September 26, 2025, with a 52-week high of $73.33 and a low of $46.21.