ZIONP:NASDAQZions Bancorporation N.A. - Depositary Shares each representing a 1/40th ownership interest in a share of Series A Floating-Rate Non-Cumulative Perpetual Prefer Analysis

Zions Bancorporation trades at a stark discount to peers, with a trailing P/E of 2.99 versus an industry average of 17.55 and a P/B of 0.38. Coupled with a 6.68% dividend yield and a modest revenue growth rate of 10%, the stock appears fundamentally undervalued, though the technical picture is mixed. The price of $18.45 sits just above the identified support at $18.35 and below the 20‑day and 50‑day SMAs (18.61 and 18.93), while the RSI of 36 hints at slight oversold conditions. A bearish MACD histogram and a down‑trend direction reinforce short‑term downside pressure, even as volume is trending higher.