Zions Bancorp Analysts Boost Their Forecasts After Better-Than-Expected Earnings
Zions Bancorp Analysts Boost Their Forecasts After Better-Than-Expected Earnings
Zions Bancorporation shares gained 6.4% to trade at $52.58 on Tuesday.Zions Bancorporation (NASDAQ:ZION) reported better-than-expected third-quarter financial results on Monday.
齊昂銀行（納斯達克：ZION）週一公佈了好於預期的第三季度財務業績。
Zions Bancorp reported quarterly earnings of $1.37 per share which beat the analyst consensus estimate of $1.17 per share. The company reported quarterly sales of $798.000 million which beat the analyst consensus estimate of $778.857 million.
齊昂銀行報告每股1.37美元的季度收益，超過了分析師一致預期的1.17美元。公司報告的季度銷售額爲79800萬美元，超過了分析師一致預期的77885.7萬美元。
Harris H. Simmons, Chairman and CEO of Zions Bancorporation, commented, "We're pleased with the continued improvement in our financial performance, reflected in the 21% increase in earnings per share over the same period last year. The net interest margin strengthened to 3.03% from 2.93% a year ago, and operating costs increased a modest 1%. Average noninterest-bearing demand deposits decreased 1.7% relative to the prior quarter of this year, but were flat to last quarter's ending balance, suggesting continued stabilization of this important source of low-cost funding. Tangible common equity has grown 28% over the past year, and 8% over the past quarter."
齊昂銀行董事長兼首席執行官賀錦麗·H·西蒙斯評論說：「我們對財務業績持續改善感到高興，這在每股收益上的21%增長得以體現，超過了去年同期。淨利息收益率從去年的2.93%增至3.03%，運營成本僅增長1%。平均非息支出存款相對上一年同期減少了1.7%，但與上一季度結束時的餘額持平，表明這個重要的低成本資金來源仍在繼續穩定。有形普通股權益在過去一年增長了28%，在過去一個季度增長了8%。」
Zions Bancorporation shares gained 6.4% to trade at $52.58 on Tuesday.
齊昂銀行股價週二上漲6.4%，報收52.58美元。
These analysts made changes to their price targets on Zions Bancorporation following earnings announcement.
這些分析師在齊昂銀行發佈業績後調整了他們的價格目標。
- Baird analyst David George maintained Zions Bancorp with a Neutral and raised the price target from $52 to $55.
- RBC Capital analyst Jon Arfstrom maintained the stock with a Sector Perform and raised the price target from $55 to $57.
- Stephens & Co. analyst Terry McEvoy maintained the stock with an Equal-Weight and increased the price target from $53 to $55.
- Goldman Sachs analyst Ryan Nash maintained Zions Bancorp with a Neutral and raised the price target from $52 to $59.
- Keefe, Bruyette & Woods analyst Christopher Mcgratty maintained Zions Bancorp with a Market Perform and raised the price target from $53 to $56.
- Wedbush analyst David Chiaverini maintained Zions Bancorp with a Neutral and raised the price target from $52 to $55.
- Wells Fargo analyst Mike Mayo maintained the stock with an Equal-Weight and raised the price target from $50 to $54.
- Morgan Stanley analyst Ken Zerbe maintained Zions Bancorp with an Equal-Weight and raised the price target from $54 to $56.
- Baird分析師大衛·喬治維持了齊昂銀行的中立評級，並將價格目標從52美元上調至55美元。
- RBC Capital分析師喬恩·阿弗斯特羅姆維持了板塊表現的評級，並將價格目標從55美元上調至57美元。
- Stephens & Co.分析師特里·麥克沃伊維持了股票的等權評級，並將價格目標從53美元上調至55美元。
- 高盛分析師Ryan Nash維持了齊昂銀行的中立評級，並將目標股價從52美元上調至59美元。
- Keefe, Bruyette & Woods分析師Christopher Mcgratty維持了齊昂銀行的市場表現評級，並將目標股價從53美元上調至56美元。
- Wedbush分析師David Chiaverini維持了齊昂銀行的中立評級，並將目標股價從52美元上調至55美元。
- 富國銀行分析師Mike Mayo維持股票的等權評級，並將目標股價從50美元上調至54美元。
- 摩根士丹利分析師Ken Zerbe維持了齊昂銀行的等權評級，並將目標股價從54美元上調至56美元。
Considering buying ZION stock? Here's what analysts think:
考慮購買ZION股票嗎？這是分析師的看法：
- Top 3 Defensive Stocks That May Keep You Up At Night This Month
- 本月可能讓您夜不能寐的前三防禦性股票
譯文內容由第三人軟體翻譯。
