Zions Bancorp Board Approves $225M Buyback, Declares $0.45 Dividend
ZION•Zions Bancorporation's board authorized up to $225 million in common stock repurchases for the remainder of 2026, bringing the full-year buyback target to $300 million. It also declared a $0.45 quarterly common dividend payable May 21 and a preferred dividend payable June 15 to record holders.
1. Board Authorizes Additional Share Repurchase
The board approved up to $225 million in common stock repurchases for the remainder of 2026, increasing the full-year repurchase authorization to $300 million. Execution timing and amounts will depend on market conditions, regulatory requirements and board discretion.
2. Quarterly Common Dividend Declaration
A regular quarterly dividend of $0.45 per common share was declared, payable May 21, 2026 to shareholders of record at the close of business on May 14, 2026.
3. Preferred Stock Dividend Schedule
The board declared the regular quarterly cash dividend on Series A perpetual preferred shares, payable June 15, 2026 to shareholders of record on June 1, 2026.
4. Company Financial Profile
Zions Bancorporation reported approximately $89 billion in total assets at December 31, 2025 and $3.4 billion in net revenue for 2025, operating under local brands across 11 western states and included in the S&P MidCap 400 and NASDAQ Financial 100 indices.
