Zions Bancorp stock holds at $68 with consensus target at $71

Zions Bancorporation, N.A. (ISIN US9897011071) stock is trading at $68.14 as of August 23, 2026, with the shares sitting just below the current consensus target and supported by a series of new institutional filings in August 2026 per recent market data.

Institutional interest and valuation snapshot

Per a recent market-data overview, Zions Bancorp stock opened at $68.14 on the latest trading day covered, giving the bank a market capitalization of $9.95 billion based on the current share count and price snapshot as of August 23, 2026. The same overview shows a price-to-earnings ratio of 8.68 and a dividend yield of 2.64 percent, underlining that the stock is valued at a single-digit earnings multiple while still providing income for shareholders as of late August 2026. The trading range on August 23, 2026 ran between an intraday low of $67.36 and a high of $68.68, with the closing quote of $68.14 sitting 1.2 percent above the day’s low and 0.8 percent below the high, indicating a relatively tight range around the upper half of that session.

Recent institutional holdings disclosures add another layer of context to the valuation picture. One filing dated August 24, 2026 shows a new investment in Zions Bancorporation, N.A. common stock, reporting that shares of ZION opened at $68.14 on the referenced trading session. Another filing on the same day discusses a separate institutional investor establishing a position valued at $5.85 million in Zions Bancorp, again using $68.14 as the NASDAQ opening price for the shares on that day. These filings suggest that institutional investors are comfortable allocating fresh capital at the high-$60s price region, reinforcing the idea that this level is considered reasonable given the bank’s fundamentals and outlook.

Consensus target and rating context

The same filings summarize the current analyst view compiled across recent coverage. According to the consensus data cited in these documents, Zions Bancorporation, N.A. presently carries an average rating of Hold and a consensus price target of $71.29 per share as of August 24, 2026. With the stock quoted at $68.14 in the most recent trading snapshot, this implies an upside of 4.6 percent from the latest price to the consensus target, a modest gap that points to expectations for incremental appreciation rather than a dramatic re-rating.

The Hold consensus suggests that analysts see Zions Bancorp’s risk-reward balance as neither clearly skewed to the upside nor heavily negative at current levels. A single-digit P/E ratio of 8.68 combined with a dividend yield of 2.64 percent indicates that the shares offer a blend of income and potential capital gains, yet the lack of an aggressive Buy consensus implies that the sector backdrop, credit cycle, and interest-rate environment are all factors investors should monitor carefully. For many regional banks, earnings sensitivity to funding costs, loan growth, and credit quality means the valuation can shift quickly when expectations change, and the consensus $71.29 target for Zions now effectively anchors those expectations for the months ahead.

Business mix and representative services

Zions Bancorporation, N.A. serves as the bank holding company for a group of regional banking franchises across several western U.S. states, focusing on commercial and small-business banking, community banking, and selected consumer services. One representative part of the business is its commercial lending and treasury management offering, through which Zions provides working-capital loans, lines of credit, cash-management services, and payment solutions to mid-market and small-business clients. These services are central to the bank’s revenue generation, tying fee income and net interest income to regional economic activity and customer relationships.

Alongside lending, Zions also offers deposit products, wealth advisory services through affiliated units, and specialized financing in niche segments such as municipal lending or certain industry-focused credit lines. In practice, the combination of deposit-gathering and lending activity means that the bank’s net interest margin and loan-loss provisioning trends are key drivers of quarterly performance, while fee-based services such as card processing, treasury services, and investment advisory help diversify the revenue base. For investors, understanding how Zions balances these activities and manages credit risk is central to assessing the sustainability of its earnings and dividend profile.

Shares hold in the high-$60s

As of the latest available trading snapshot on August 23, 2026, Zions Bancorp stock is quoted at $68.14 on its primary NASDAQ listing, positioning the shares just a few dollars below the consensus price target of $71.29. With a market capitalization of $9.95 billion at that price, the bank remains a mid-cap financial institution exposed primarily to regional economic conditions in its core markets. The combination of a single-digit P/E, a dividend yield of 2.64 percent, and a measured upside to the consensus target provides a relatively balanced profile for investors focused on income and moderate growth rather than aggressive capital appreciation.

Read more

Further corporate information and investor presentations are available on the company’s own site at the Investor Relations section, which provides details on recent earnings releases, strategic initiatives, and regulatory filings.

Fact box

Company: Zions Bancorporation, N.A.

ISIN: US9897011071

Ticker: ZION

Exchange: Nasdaq

Price (as of August 23, 2026): $68.14 USD

Market cap: $9.95 billion (as of August 23, 2026)

Sector / Industry: Financials / Regional Banks

Index membership: S&P 500