Zions Bancorporation EVP Derek Steward sells $62,267 in stock By Investing.com

Derek Steward, Executive Vice President at Zions Bancorporation, National Association (), sold 894 shares of the company’s common stock on July 28, 2026. The shares were sold at a price of $69.65 each, totaling $62,267.

The sale followed Mr. Steward’s exercise of stock options on the same date, through which he acquired the 894 shares. These shares were acquired at an exercise price of $45.65 per share, for a total value of $40,811. Following these transactions, Mr. Steward directly holds 17,449 shares of Zions Bancorporation common stock.The insider sale comes as ZION trades at $68.92, with the stock showing strong momentum after gaining 31% over the past year. According to InvestingPro analysis, the stock appears undervalued at current levels, trading at a P/E ratio of 8.83. The company maintains a solid dividend yield of 2.61% and has paid dividends for 56 consecutive years. For deeper insights, investors can access the comprehensive Pro Research Report, available for ZION and 1,400+ US equities.

In other recent news, Zions Bancorp has seen a series of analyst updates following its latest earnings results. DA Davidson raised its price target for Zions Bancorp shares to $84, citing management’s confidence in achieving significant pre-provision operating leverage by 2026. TD Cowen also adjusted its price target to $73, maintaining a Hold rating due to concerns about net interest income guidance. Meanwhile, Keefe, Bruyette & Woods increased their price target to $75, noting the bank’s low credit costs that contributed to an earnings per share beat, despite pre-provision net revenue falling short due to higher expenses and lower net interest income.

Stephens, however, reduced its price target to $80, maintaining an Overweight rating. They highlighted that the second-quarter earnings per share exceeded expectations due to lower loan loss provision expenses and strong fees, although these were partly offset by a shortfall in net interest income. In contrast, JPMorgan downgraded Zions Bancorp to Underweight from Neutral, with a price target of $75, expressing concerns over rising deposit costs amid competitive pressures. These recent developments reflect a mixed outlook from analysts on Zions Bancorp, with varying perspectives on its financial performance and future prospects.

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