Zions Bancorporation increased its quarterly cash dividend by 6.7% to 48 cents per share and authorized an additional $75 million common share repurchase program for the third quarter of 2026, bringing the 2026 repurchase target to $300 million. The company has raised its dividend five times over the past five years with an annualized growth rate of 5.2%, and its payout ratio stands at 27% with a dividend yield of 2.58%. During the second quarter of 2026, Zions repurchased 1.2 million common shares for $75 million, bringing total capital distribution to $142 million in the quarter. The company's estimated Common Equity Tier 1 capital ratio improved to 11.8% as of June 30, 2026, from 11.0% a year earlier, while total deposits increased 4% to $76.6 billion and loans and leases grew 3% to $62.5 billion. Zions also agreed to acquire the agency lending business of Basis Investment Group in March 2026 to expand its real estate financing capabilities.
Zions BancorporationRaises dividend 6.7% and authorizes $75M buyback, boosting shareholder returns
Zions Bancorp N.A.
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