ZION
Zions Bancorporation Financial Services - Banking Investor Relations →
Zions Bancorporation (ZION) closed at $66.17 as of 2026-06-19, trading 47.6% above its 200-week moving average of $44.84. The stock is currently moving closer to the line, down from 50.3% last week. With a 14-week RSI of 76, ZION is in overbought territory.
Trading volume is running at 1.4x of its 14-week average, which is in the normal range. The balance between buying and selling volume (0.87 ratio) is neutral — neither side is clearly dominating.
Over the past 2365 weeks of data, ZION has crossed below its 200-week moving average 25 times. On average, these episodes lasted 25 weeks. Historically, investors who bought ZION at the start of these episodes saw an average one-year return of +20.5%.
With a market cap of $9.7 billion, ZION is a mid-cap stock. Return on equity stands at 14.1%. The stock trades at 1.4x book value.
Over the past 33.5 years, a hypothetical investment of $100 in ZION would have grown to $1158, compared to $3097 for the S&P 500. ZION has returned 7.6% annualized vs 10.8% for the index, underperforming the broader market over this period.
Free cash flow has been declining at a -9.4% compound annual rate. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: ZION vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After ZION Crosses Below the Line?
Across 20 historical episodes, buying ZION when it crossed below its 200-week moving average produced an average return of +25.0% after 12 months (median +28.0%), compared to +7.6% for the S&P 500 over the same periods. 70% of those episodes were profitable after one year. After 24 months, the average return was +47.4% vs +22.7% for the index.
Each line shows $100 invested at the moment ZION crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Bean Score Experimental
The Bean Score measures how far a stock's free cash flow yield has deviated from its own quarterly baseline, normalized by the stock's historical behavior. Between earnings dates, FCF is constant — so the score is purely a function of stock price. The levels below show at what prices ZION would reach each dislocation threshold.
Dislocation Price Levels
Prices where ZION's Bean Score would hit each σ threshold. Valid until next earnings report: 2026-07-20.
| Level | σ | Price | Signal |
|---|---|---|---|
| Deep Value | +2σ | $53.46 | Unusually cheap — potential buy zone |
| Value | +1σ | $56.08 | Cheap vs. own history |
| Fair Value | +0σ | $58.97 | Historical mean behavior |
| Expensive | -1σ | $62.17 | Expensive vs. own history |
| Deep Expensive | -2σ | $65.74 | Unusually expensive — potential trim zone |
Quarterly FCF & Yield Trailing twelve-month free cash flow and yield at each quarter end
Signal Accuracy Collecting Data
The Bean Score system is accumulating weekly data to validate signal accuracy. After 13+ weeks of history, this section will display win rates and average returns for each σ threshold crossing — answering the question: "When this score says cheap or expensive, does the price subsequently move in the expected direction?"
Theoretical framework — not backtested or forward-tested. The Bean Score uses trailing twelve-month free cash flow yield as a dislocation identifier. It measures whether the market has pushed a stock's yield unusually far from its own baseline behavior. These levels are reference points for identifying potential swing trade opportunities, not buy/sell signals. FCF values update quarterly with earnings; between reports, all movement is price-driven.
Dislocation Scores Experimental
Each score measures deviation from ZION's own historical baseline — the same idea as the Bean Score, applied to different fundamentals. Positive means cheaper or more dislocated than this stock's norm. Scores marked σ are normalized by the stock's own variability; pp values are simple deltas from its recent baseline.
Theoretical framework — not backtested. These scores describe how unusual today's readings are for this specific company. They are starting points for research, not buy or sell signals. Annual-statement scores (buyback, accruals, FCF vs history) rest on only ~4 yearly data points and are deltas, not sigmas.
Historical Touches
ZION has crossed below its 200-week MA 25 times with an average 1-year return of +20.5% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Mar 1982 | Mar 1982 | 2 | 1.3% | +16.5% | +6193.6% |
| Jun 1982 | Jun 1982 | 2 | 1.0% | +49.4% | +6193.6% |
| Sep 1987 | Oct 1989 | 111 | 40.9% | -37.4% | +3235.7% |
| Nov 1989 | Apr 1990 | 24 | 13.0% | +0.2% | +3689.1% |
| Aug 1990 | Oct 1990 | 11 | 7.0% | +82.2% | +3948.1% |
| Feb 2000 | May 2000 | 12 | 13.0% | +53.5% | +183.2% |
| Jul 2000 | Sep 2000 | 6 | 5.6% | +35.4% | +148.9% |
| Sep 2000 | Sep 2000 | 1 | 2.1% | +16.8% | +142.6% |
| Oct 2001 | Dec 2001 | 11 | 15.2% | -16.4% | +133.3% |
| Jan 2002 | Feb 2002 | 4 | 3.1% | -16.3% | +105.8% |
| Jun 2002 | Aug 2002 | 9 | 12.4% | +3.3% | +104.3% |
| Sep 2002 | May 2003 | 37 | 27.9% | +12.5% | +106.9% |
| Sep 2007 | Mar 2012 | 233 | 89.1% | -33.4% | +39.0% |
| Apr 2012 | Aug 2012 | 17 | 10.0% | +27.5% | +356.0% |
| Jan 2015 | Feb 2015 | 1 | 0.3% | -4.6% | +271.8% |
| Jan 2016 | Apr 2016 | 15 | 20.1% | +78.1% | +259.4% |
| May 2016 | May 2016 | 2 | 2.7% | +58.2% | +239.2% |
| Jun 2016 | Jul 2016 | 6 | 7.9% | +63.2% | +230.3% |
| Aug 2019 | Aug 2019 | 2 | 0.9% | -11.3% | +108.7% |
| Feb 2020 | Dec 2020 | 43 | 42.5% | +38.0% | +105.4% |
| Dec 2022 | Dec 2022 | 1 | 1.2% | -0.1% | +64.1% |
| Mar 2023 | Dec 2023 | 40 | 51.4% | +10.2% | +85.9% |
| Jan 2024 | May 2024 | 17 | 10.8% | +31.3% | +70.9% |
| May 2024 | Jul 2024 | 7 | 7.5% | +11.7% | +63.8% |
| Mar 2025 | Apr 2025 | 4 | 8.9% | +45.1% | +66.5% |
| Average | 25 | — | +20.5% | — |
Frequently Asked Questions
Is ZION below its 200-week moving average?
No. Zions Bancorporation (ZION) is currently 47.6% above its 200-week moving average of $44.84. It would need to fall to $44.84 to cross below the line.
What is ZION's 200-week moving average price?
Zions Bancorporation's 200-week moving average is $44.84 as of 2026-06-19. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when ZION drops below its 200-week moving average?
ZION has crossed below its 200-week moving average 25 times in our data. On average, buying at that moment produced a one-year return of +20.5%. These dips have historically been decent entry points. These episodes lasted 25 weeks on average.
Is ZION a good value right now?
Here's what our data says about ZION as of 2026-06-19: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 76 (overbought). Return on equity is 14.1%. Price-to-book is 1.4x. This is not a buy or sell recommendation — always do your own research.
How does ZION compare to the S&P 500?
Over the past 33.5 years, $100 invested in ZION would have grown to $1158, compared to $3097 for the S&P 500. That's 7.6% annualized vs 10.8% for the index. ZION has underperformed the broader market over this period.
Does ZION pay a dividend?
Yes. Zions Bancorporation currently pays a dividend yield of 270.00%.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-06-19