Zions Bancorporation National Association (ZION) has been active on the capital front, issuing $500 million of fixed to floating senior notes, authorizing up to $75 million in share repurchases, and affirming regular quarterly dividends.

The recent capital moves come as momentum has been building in the share price, with a 7-day share price return of 7.05%, a 90-day share price return of 23.96%, and a 1-year total shareholder return of 20.50%.

If this kind of capital management activity has your attention, it could be a good time to see what else is out there through our 22 top founder-led companies, as another set of ideas to consider.

With Zions trading near its analyst price target and showing a value score of 5 despite an indicated intrinsic discount of about 51%, the real question is whether you are seeing a mispriced bank stock or a market already factoring in future growth.

Most Popular Narrative: 14.6% Undervalued

With Zions Bancorporation National Association last closing at $65.29 against a narrative fair value of $76.48, some investors are clearly framing this as a valuation gap worth understanding in more detail.

Zion Bank will be releasing their Quarterly Earnings Report on 10-21-24. 4 out of 4 of their last reports were all beats. Two out of the four were Major Blowouts. The thing with most banks is that they move slow until they release their reports. Zion is a small banking firm. For the last 3 months they are only up 1.41%. However for the past month they are up 7%. How is this? Our market and its volatility. Currently only $50 a share. This is a company that is a Must Have for any Investor. Especially with the importance of their earnings release. Why wouldn't you want to catch that spike? They are being estimated to be seeing a 15% jump once the report is released. Our information suggests this will be a Major Event for this Bank. And this little firm is going to take All The News. Daily Investors

The narrative, according to DailyInvestors, leans heavily on earnings momentum, richer profit margins and a future earnings multiple that implies a much higher earnings power than the current price suggests. Curious which profit assumptions and revenue path have to line up to justify that $76.48 figure and the implied discount rate behind it? The full story connects those moving parts in a way that short term price moves alone cannot.

Result: Fair Value of $76.48 (UNDERVALUED)

However, this story can break if earnings or margins fall short of expectations, or if credit quality and loan losses shift in a way the market does not like.

Build Your Own Zions Bancorporation National Association Narrative

If you look at the numbers and come to a different conclusion, or simply prefer building your own view from scratch, you can pull together a personalized thesis in just a few minutes by starting with Do it your way.

A good starting point is our analysis highlighting 4 key rewards investors are optimistic about regarding Zions Bancorporation National Association.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.