Zions Bancorporation, National Association (ZION) Fair Value 2026

ZION · Banks - Regional ·

By CirclFi Research Team · Data from SEC EDGAR, FRED & GDELT

Quality Score

8.3 /10

32 fundamental signals · 6 models active

Value Trap Risk

SAFE (0/100)

Quick Summary — As of 2026-10-07, Zions Bancorporation, National Association (ZION) trades at $62.85, versus a $62.22 median fair value across its 6 active models — 1.0% below the current price. QOC: 8.3/10. Value Trap Risk: 0/100 (SAFE). 6/13 models active.

Key Facts

Ticker
ZION
Price
$62.85
Quality Score
8.3/10
Value Trap Risk
0/100
Models Active
6/13
Last Updated
Strength: Quality Score of 8.3/10 indicates strong fundamentals
Risk: Majority of models suggest overvaluation

Is Zions Bancorporation, National Association (ZION) Undervalued or Overvalued in 2026?

According to CirclFi’s 6-model valuation engine, Zions Bancorporation, National Association (ZION) appears fairly valued as of : the median of 6 independent fair value estimates is $62.22, within 1.0% of the current price of $62.85. Estimates range from $28.94 to $116.62. ZION scores 8.3/10 on fundamental quality and 0/100 on value-trap risk.

For context, the median US equity CirclFi rates trades at an implied -20.1% versus its own 13-model consensus, across 3,777 rated companies as of 2026-10-07. ZION’s -1.0% gap is narrower than that market norm, and the Banks - Regional sector median is -21.5%. Full market index →

This verdict compares price to intrinsic value only — it is not a buy or sell rating. For the decision case (bull vs bear arguments, risk factors, peers), read Should You Buy Zions Bancorporation, National Association Stock in 2026? →

What Fair Value Does Each Model Give ZION?

6 Intrinsic Value Models vs. Current Price ($62.85)

Core Models (Unlocked)
Model Fair Value Upside
Intrinsic · High Conviction
 $52.05 -17.2%
Ensemble · Medium Conviction
 $61.89 -1.5%
Intrinsic · High Conviction
 $28.94 -53.9%
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What Is ZION's Fair Value Range?

Spread across 6 independent models · $28.94 to $116.62

CirclFi's 6 active models place Zions Bancorporation, National Association (ZION) between $28.94 and $116.62 per share, a spread of 141% of the median. The median of that range — $62.22 — is the fair value CirclFi publishes for ZION, against a current price of $62.85.

Low · Markov DDMHigh · Regime Cross
$28.94median $62.22$116.62
Where the range comes from
Most bearish modelMarkov DDM$28.94
Most bullish modelRegime Cross-Sectional$116.62
Model agreement2 bullish · 2 bearishwide

A band this wide is itself the finding. When independent methods land far apart, they are reading a business whose value depends heavily on which lens you apply — volatile earnings, heavy reinvestment, or an asset base that cash-flow and asset-based methods score differently. That disagreement is information: it says the choice of method matters more than usual for ZION. Treat the median as one reading among several and compare the individual models below before acting.

Every figure above is one model's standalone output on ZION, not a CirclFi price target. How each model works →

What Is Zions Bancorporation, National Association (ZION) Worth in 2026?

According to the CirclFi Deep Alpha Valuation Engine, Zions Bancorporation, National Association presents a highly debated valuation profile at its current price of $62.85. The median intrinsic value is estimated at $62.22 (-1.0% median upside), masking a wide model spread between the 2 bullish models and 2 bearish models. Model dispersion is worth noting: Regime Cross targets $116.62 (+85.6%), versus Markov DDM at $28.94 (-53.9%). This +139.5% range highlights the importance of multi-model analysis rather than relying on any single methodology. Among models with highest confidence, EPV lean bearish — adding weight to the bearish side of the thesis.

What Do the Models Say About ZION?

6 of 13 models are currently active for ZION. Of these, 2 models suggest upside while 4 models suggest overvaluation. Taken together, their median fair value for ZION is $62.22 — the figure CirclFi publishes as this stock's fair value. See which stocks rank higher →

How Does ZION Rank in Banks - Regional?

Among 352 Banks - Regional stocks, ZION ranks #118 by Quality of Company score. CirclFi's QOC score of 8.3/10 evaluates 32 fundamental signals. A score of 8.3 places ZION in the top tier.

See all Most Undervalued Banks - Regional Stocks →

The Banks - Regional sector introduces analytical considerations specific to lending environment businesses. For Zions Bancorporation, National Association, metrics like cost-to-income ratio provide important context that general-purpose valuation models may underweight.

Is ZION a Value Trap?

CirclFi's Value Trap algorithm assigns ZION a score of 0/100 (SAFE). This indicates minimal risk. Fundamentals are healthy. The score cross-references apparent undervaluation against fundamental deterioration signals. Browse lowest value-trap stocks →

Multi-Model Methodology

6 of 13 models are active for Zions Bancorporation, National Association. Moderate coverage provides meaningful perspective. Each model applies a fundamentally different valuation philosophy. See the complete methodology →

According to the CirclFi Deep Alpha Valuation Engine, Zions Bancorporation, National Association scores 8.3 out of 10 on our 32-signal quality assessment, a strong rating that demonstrates strong fundamentals across the majority of our quality signals. The QOC score synthesizes profitability margins, revenue growth reliability, debt management, and capital allocation into a single metric designed to separate durable businesses from statistically cheap ones.

The gap between the most bullish and bearish model spans +139.5% — demonstrating why single-model analysis is dangerous. Browse all stocks with 13-model coverage →

Data Sources & Confidence

Every ZION valuation is built from SEC EDGAR XBRL filings — 700+ standardized financial tags. Macroeconomic context from FRED calibrates discount rates, while GDELT news sentiment feeds into our Sentiment SOTP model. All pipelines run daily. Read the complete data methodology →

Across ZION's 6 active models, average confidence is 46%. Lower confidence may reflect limited history or high volatility.

CirclFi's output is a research starting point, not a buy/sell signal. All data updates daily. Read the full methodology →

This analysis is produced by the CirclFi Valuation Engine using quantitative models applied to SEC EDGAR filings, public market feeds, and FRED macroeconomic indicators. It is not financial advice.

Read the full investment analysis: Should You Buy Zions Bancorporation, National Association Stock in 2026? →

Bull case, bear case, risk factors & peer comparison — updated daily

Which Similar Banks - Regional Stocks Should You Also Analyze?

11 related Banks - Regional stocks with 13-model coverage

DCOMDime Commercial Bancshares, Inc.QOC 8.3FSBCFive Star BancorpQOC 8.3TSBKTimberland Bancorp, Inc.QOC 8.3PNCThe PNC Financial Services Group, Inc.QOC 8.3MPBMid Penn Bancorp, Inc.QOC 8.3LKFNLakeland Financial CorporationQOC 8.3CPBICentral Plains Bancshares, Inc.QOC 7.8DBDeutsche Bank AktiengesellschaftQOC 7.2UCBUnited Community Banks, Inc.QOC 8.7STBAS&T Bancorp, Inc.QOC 9.3ESQEsquire Financial Holdings, Inc.QOC 9.1

Read investment analysis: DCOM · FSBC · TSBK · PNC · MPB · LKFN · CPBI · DB · UCB · STBA · ESQ

Which Other Stocks Have a Similar Quality Score to ZION?

6 companies across all industries closest to ZION’s Quality of Company score of 8.3/10.

SIGISelective Insurance Group, Inc.QOC 8.3BRBRBellRing Brands, Inc.QOC 8.3AGCOAGCO CorporationQOC 8.3ADEAAdeia Inc.QOC 8.3ARLOArlo Technologies, Inc.QOC 8.3NVDANVIDIA CorporationQOC 10.0

Read investment analysis: SIGI · BRBR · AGCO · ADEA · ARLO · NVDA

Where Does ZION Sit in CirclFi's Banks - Regional Rankings?

ZION is ranked against every other Banks - Regional stock CirclFi covers in each of these screens.

See all Banks - Regional stocks ranked →

What Else Do Investors Ask About Zions Bancorporation, National Association’s Valuation?

What is Zions Bancorporation, National Association's intrinsic value in 2026?

CirclFi puts Zions Bancorporation, National Association (ZION)'s intrinsic value at $62.22 — the median of 6 independent model estimates as of 2026-10-07, ranging from $28.94 to $116.62. The Quality of Company score is 8.3/10 across 32 fundamental signals. All models use SEC EDGAR filings updated daily. See our methodology page for how each model works.

Is ZION overvalued or undervalued right now?

At $62.85, 2 of 6 active models suggest ZION may be undervalued, while 4 indicate potential overvaluation. The median of all 6 fair value estimates is $62.22, within 1.0% of the current price of $62.85 — a consensus view that ZION is fairly valued. The assessment depends on which methodology best fits Zions Bancorporation, National Association's business model in Banks - Regional.

What does a Quality of Company score of 8.3 mean for ZION?

Zions Bancorporation, National Association's QOC of 8.3/10 reflects 32 fundamental signals: profitability margins, revenue growth consistency, balance sheet leverage, free cash flow generation, and capital allocation efficiency. Scores above 7 indicate strong fundamentals and disciplined management.

How many valuation models does CirclFi run on ZION?

CirclFi analyzes ZION with 13 institutional-grade models daily: Bayesian DCF (Monte Carlo + jump-diffusion), EPV (Greenwald zero-growth), EROIC Spread (McKinsey reinvestment), First Chicago (3-scenario), Markov DDM (regime-switching), ML-RIV (machine learning residual income), Dynamic NAV (asset-based), PWERM (option-theoretic), Regime Cross-Sectional (relative), Sentiment SOTP (hybrid), CUCE Ensemble (meta-model), FTNN Topology (neural network), and RCMH-DCF (conditional regime). Currently 6 of 13 are active for this stock. Read the full methodology →

Which valuation models are most bullish and most bearish on ZION?

Of the 6 models currently active on ZION, Regime Cross-Sectional is the most bullish at $116.62 per share, and Markov DDM is the most bearish at $28.94. CirclFi's published fair value for ZION is the median of that range, $62.22, not either extreme. The gap between the two ends equals 141% of the median — a wide spread, meaning the methods genuinely disagree and the median should carry less weight. Browse stocks by value-trap risk →

Is ZION a value trap in 2026?

Zions Bancorporation, National Association's Value Trap score is 0/100 (SAFE). This low score indicates the current valuation is not artificially depressed by fundamental deterioration, suggesting genuine opportunity rather than a trap.

Cite this analysis — “According to CirclFi’s 6-model valuation engine, Zions Bancorporation, National Association (ZION) has a median fair value of $62.22 — within 1.0% of the current price of $62.85 — as of 2026-10-07.” Source: circlfi.com/stock/ZION/ · Methodology
Primary sources for this ZION valuation

Market data for ZION as of ; valuations recomputed .

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