Jul. 13 at 9:05 PM
Zions Bancorp shares are pricing in a 4.8% move following the company's second-quarter earnings release scheduled for July 20 after the market closes, according to Bloomberg options data. The regional bank has exceeded the options-implied move in two of its last eight earnings reports, including an 11.2% swing in July 2024 versus a 4.5% implied move and a 6.9% move in January 2025 compared with a 2.5% expectation. More recent earnings reactions have been more subdued, with the stock moving 1.6% after the April 2026 report, well below the 4.7% implied by options, while the January 2026 results produced a 3.7% move against a 5.1% implied expectation. The mixed history suggests investors are pricing in a moderate reaction this quarter, with traders likely to focus on net interest income, loan growth, credit quality, deposit trends, and management's outlook to determine whether the stock outperforms the current 4.8% implied move.
$ZION