02:15 PM EDT, 10/21/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:
We increase our 12-month target price by $11 to $65, 10.8x our 2026 EPS estimate, a premium to the peer average of 9.9x given solid balance sheet growth prospects. We increase our 2025 EPS estimate by $0.53 to $5.91 and 2026's by $0.39 to $6.03. We were encouraged by ZION's transparency this quarter as management fielded questions for 55 minutes while directly addressing key credit concerns. Importantly, ZION confirmed it has no additional exposure to Cantor Group and expressed confidence that the recent fraud incident was isolated. Leading indicators are encouraging, with nonperforming assets remaining steady while criticized and classified balances improved. For investors concerned about banks with loan exposure to non-depository financial institutions (NDFIs), ZION actually screens exceptionally well with just 3% of loans in this category versus 5%-20% for most other banks. Beyond credit quality, core operating metrics show encouraging trends, with both net interest margin and efficiency ratios improving.