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StockNews.com
StockNews.com
Business
Pragya Pandey

Is Zions Bancorporation a Good Regional Bank Stock to Own in 2022?

Zions Bancorporation, National Association (ZION), in Salt Lake City, Utah, is a leading financial services company in the United States, with $2.9 billion in annual net revenue in 2021 and more than $90 billion in total assets. The stock has gained 53.7% in price over the past year and 30.1% over the past six months.

The company's board of directors authorized a share repurchase of up to $50 million for the first quarter of 2022, reflecting the company’s stable cash flow generating capabilities.

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