Zions Bancorp upgraded to Outperform from Market Perform at Keefe Bruyette Keefe Bruyette upgraded Zions Bancorp citing near-term earnings catalysts and raised its price target for shares to $36 from $32.
Zions Bancorp reports Q3 EPS 40c, consensus 44c The estimated Tier 1 common equity ratio increased to 11.88% at September 30. Net loans and leases held for investment increased $110M to $39.7B. The allowance for credit losses was $690M. Tangible book value per share for Q3 was $26.00.