Equity Profile

ZION

Zions Bancorporation, National Association

FinancialsRegional Banks$10.3B

Jul20Mon

Pre-Earnings Brief

UpcomingQ2-2026After Close5:00 PM EDT

Company Snapshot

Zions Bancorporation is a regional bank that provides a range of financial services including commercial banking, consumer banking, and wealth management. With a market cap of $10 billion, it plays a significant role in the financial sector, particularly in the western United States, where it serves a diverse customer base.

Key Metrics to Watch

EPS

Earnings per share is a key indicator of profitability, and investors will be looking for ZION to meet or exceed expectations.

$1.57

Revenue

Total revenue gives insight into the bank's overall performance and growth, particularly in a competitive banking environment.

$876M

Wall Street expectations, options signals, track record, and call prep available with Pro.

ZION Q2-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

75%

Avg EPS Surprise

+9.57%

Avg Stock Reaction

+0.43%

Last Quarter Recap

In Q1-2026, Zions reported an EPS of $1.56, exceeding estimates by 9.24%. The stock reacted positively, gaining 0.51% the following day.

Management Promises & Guidance

Focus on improving loan growth.
Commitment to enhancing customer service.
Plans to manage operating expenses effectively.

Expectations

Wall Street Expectations

Analysts expect Zions to report solid earnings driven by stable loan growth and cost management. The consensus EPS is $1.57, with revenue projected at $876 million.

Bull Case

If Zions exceeds EPS expectations and shows strong revenue growth, it could signal robust demand for its services and improve investor confidence.

Bear Case

Conversely, if Zions misses earnings estimates or shows signs of weakening loan demand, it could raise concerns about its growth prospects in a competitive market.

Key Metrics to Watch

EPS

$1.57

Earnings per share is a key indicator of profitability, and investors will be looking for ZION to meet or exceed expectations.

Revenue

$876M

Total revenue gives insight into the bank's overall performance and growth, particularly in a competitive banking environment.

Expectations

Two Questions That Matter

The print will turn on these two things.

Will Zions achieve an EPS of $1.57 or higher?

This figure is crucial for maintaining investor confidence and could impact the stock's immediate reaction.

How does Zions plan to address loan growth in the current economic climate?

Given the competitive nature of the banking sector, insights into loan growth strategies will be critical for assessing future performance.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may underestimate Zions' ability to manage costs effectively while driving loan growth, which could lead to a surprise in earnings.

Supporting Evidence

Zions has a history of beating EPS estimates, with a 75% success rate over the last eight quarters.

The options market suggests heightened volatility, indicating that traders are anticipating significant movement.

Recent economic indicators show a potential uptick in loan demand that may not be fully reflected in current estimates.

Key Risk

If loan growth exceeds expectations, it could significantly alter the current consensus on Zions' performance.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The market is weighing Zions' ability to deliver consistent earnings amidst economic challenges and competition.

Bull Confirmed If

An EPS of $1.57 or better, along with positive commentary on loan growth, would support a bullish outlook.

Bear Confirmed If

An EPS below $1.51, coupled with weak loan growth projections, would confirm bearish sentiment.

Pre-Earnings Positioning

Options Market

Implied Move

±13.45%

Historical Avg

±2.0%

Pricing rich

The options market is pricing in a significant move, suggesting that traders expect volatility around the earnings announcement.

Options are pricing ±13.5% while ZION has averaged ±2.0% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.3%

30d HV

21.5%

Calls (8K)P/C Ratio: 1.59Puts (9K)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Zions beats expectations, history suggests a potential average one-day move of +0.23%, confirming positive market sentiment.

In-Line / Cautious

An in-line report may lead to a muted reaction, as investors await further commentary on growth strategies.

Miss

If Zions misses earnings expectations, the stock could see a decline, with an average one-day move of +1.01% when missing.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Details on loan growth and demand trends.
2Updates on cost management initiatives.
3Insights into customer service improvements.
4Any changes in guidance or outlook for the upcoming quarters.
5Responses to macroeconomic challenges affecting the banking sector.

See the full picture

AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.

No charge today · Auto-bills $8/mo after 7 days · Cancel anytime

More Earnings This Week

5 Reports

ICICI Bank Limited

Company Snapshot

Key Metrics to Watch

EPS

Earnings per share is a key indicator of profitability, and investors will be looking for ZION to meet or exceed expectations.

$1.57

Revenue

Total revenue gives insight into the bank's overall performance and growth, particularly in a competitive banking environment.

$876M

Wall Street expectations, options signals, track record, and call prep available with Pro.

ZION Q2-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

75%

Avg EPS Surprise

+9.57%

Avg Stock Reaction

+0.43%

Last Quarter Recap

In Q1-2026, Zions reported an EPS of $1.56, exceeding estimates by 9.24%. The stock reacted positively, gaining 0.51% the following day.

Management Promises & Guidance

Focus on improving loan growth.
Commitment to enhancing customer service.
Plans to manage operating expenses effectively.

Expectations

Wall Street Expectations

Analysts expect Zions to report solid earnings driven by stable loan growth and cost management. The consensus EPS is $1.57, with revenue projected at $876 million.

Bull Case

If Zions exceeds EPS expectations and shows strong revenue growth, it could signal robust demand for its services and improve investor confidence.

Bear Case

Conversely, if Zions misses earnings estimates or shows signs of weakening loan demand, it could raise concerns about its growth prospects in a competitive market.

Key Metrics to Watch

EPS

$1.57

Earnings per share is a key indicator of profitability, and investors will be looking for ZION to meet or exceed expectations.

Revenue

$876M

Total revenue gives insight into the bank's overall performance and growth, particularly in a competitive banking environment.

Expectations

Two Questions That Matter

The print will turn on these two things.

Will Zions achieve an EPS of $1.57 or higher?

This figure is crucial for maintaining investor confidence and could impact the stock's immediate reaction.

How does Zions plan to address loan growth in the current economic climate?

Given the competitive nature of the banking sector, insights into loan growth strategies will be critical for assessing future performance.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may underestimate Zions' ability to manage costs effectively while driving loan growth, which could lead to a surprise in earnings.

Supporting Evidence

Zions has a history of beating EPS estimates, with a 75% success rate over the last eight quarters.

The options market suggests heightened volatility, indicating that traders are anticipating significant movement.

Recent economic indicators show a potential uptick in loan demand that may not be fully reflected in current estimates.

Key Risk

If loan growth exceeds expectations, it could significantly alter the current consensus on Zions' performance.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The market is weighing Zions' ability to deliver consistent earnings amidst economic challenges and competition.

Bull Confirmed If

An EPS of $1.57 or better, along with positive commentary on loan growth, would support a bullish outlook.

Bear Confirmed If

An EPS below $1.51, coupled with weak loan growth projections, would confirm bearish sentiment.

Pre-Earnings Positioning

Options Market

Implied Move

±13.45%

Historical Avg

±2.0%

Pricing rich

The options market is pricing in a significant move, suggesting that traders expect volatility around the earnings announcement.

Options are pricing ±13.5% while ZION has averaged ±2.0% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.3%

30d HV

21.5%

Calls (8K)P/C Ratio: 1.59Puts (9K)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Zions beats expectations, history suggests a potential average one-day move of +0.23%, confirming positive market sentiment.

In-Line / Cautious

An in-line report may lead to a muted reaction, as investors await further commentary on growth strategies.

Miss

If Zions misses earnings expectations, the stock could see a decline, with an average one-day move of +1.01% when missing.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Details on loan growth and demand trends.
2Updates on cost management initiatives.
3Insights into customer service improvements.
4Any changes in guidance or outlook for the upcoming quarters.
5Responses to macroeconomic challenges affecting the banking sector.