Zions Bancorporation, N.A. (NASDAQ:ZION) issued an 8-K on October 30, 2026, announcing a $72 million share repurchase authorization for the fourth quarter of 2026 and a quarterly common stock dividend of $0.48 per share.

Key Highlights

  • Q4 2026 repurchase authorization: The board authorized share repurchases of up to $72 million of common stock for the fourth quarter of 2026.
  • Full-year repurchase target: The Q4 amount is part of a previously authorized 2026 share repurchase target of $300 million, according to the filing.
  • Common dividend: A regular quarterly dividend of $0.48 per common share was declared, payable November 19, 2026, to shareholders of record as of November 12, 2026.
  • Preferred dividend: The board also declared the regular quarterly cash dividend on Series A perpetual preferred shares (NASDAQ:ZIONP; CUSIP: 98973A104), payable December 15, 2026, to shareholders of record on December 1, 2026.
  • Company size: The filing states Zions had approximately $89 billion in total assets as of December 31, 2025, and annual net revenue of $3.4 billion in 2025.

Zions Board Actions: Buyback Limit and Dividends for Q4 2026

Zions Bancorporation, N.A. disclosed on October 30, 2026, that its board of directors authorized repurchases of up to $72 million of the company's common stock for the fourth quarter of 2026. The filing states this authorization is part of the company's previously authorized share repurchase target for the full year 2026 of $300 million. According to the filing, "the timing and amounts of any such actions will depend on market conditions, regulatory requirements, and other factors or uncertainties and may be updated at the discretion of the board."

In addition to the repurchase authorization, the board declared a regular quarterly cash dividend of $0.48 per common share. The filing states the dividend is payable on November 19, 2026, to shareholders of record at the close of business on November 12, 2026. The board separately declared the regular quarterly cash dividend on the company's Series A perpetual preferred shares, listed on NASDAQ under the symbol ZIONP with CUSIP 98973A104, payable December 15, 2026, to shareholders of record on December 1, 2026. No per-share amount for the preferred dividend was specified in the filing.

The company described itself as operating with approximately $89 billion of total assets as of December 31, 2025, and annual net revenue of $3.4 billion in 2025, with banking operations across 11 western states under local management teams and distinct brands.

What Was Disclosed

The filing announced a $72 million Q4 2026 common stock repurchase authorization within a $300 million 2026 full-year target, a $0.48 per share common quarterly dividend payable November 19, 2026, and a preferred share cash dividend payable December 15, 2026.