Previous Close | 30.71 |
Open | 30.94 |
Bid | 0.00 x 900 |
Ask | 0.00 x 800 |
Day's Range | 30.31 - 30.94 |
52 Week Range | 30.31 - 30.94 |
Volume | |
Avg. Volume | 2,100 |
Net Assets | N/A |
NAV | N/A |
PE Ratio (TTM) | 9.97 |
Yield | N/A |
YTD Daily Total Return | N/A |
Beta (5Y Monthly) | N/A |
Expense Ratio (net) | N/A |
Inception Date | N/A |
Anderson came to Zions 33 years ago from a "prominent role" at Bank of America, Zions Bancorporation CEO Harris Simmons said in a statement. Zions was one of the lenders in focus last year after the collapse of Silicon Valley Bank and Signature Bank roiled the regional banking sector in the United States, as spooked customers moved their money to bigger financial institutions.
U.S. regional banks have been forced to pay out higher rates of interest on deposits to prevent customers from fleeing to high-yielding alternatives following the Federal Reserve's monetary tightening and the banking crisis earlier this year. Zions' cost of total deposits for the third quarter was 1.92%, compared with 0.10% a year earlier.