Zions Bancorporation N.A. (ZION) — RQD Stock Rating Cockpit

Per the Roarable RQD rating, ZION scores 66 out of 100, a C+ grade, with the verdict "Roarable Hold — Upper Neutral / Watch for Breakout." The five pillars are:

• Fundamental Cash Engine: 9 / 20. The pillar cites ROIC of 2.8% and FCF yield of 9.85%. This is the weakest pillar and the main constraint on the score. Per the market data, ROIC of 2.8% sits low against the FCF yield, so the cash generation the yield implies is not matched by a high return on invested capital.
• Whale 13F Flow: 14 / 20. The pillar references institutional accumulation and options positioning. The underlying 13F and options detail is not itemized in the source data.
• Insider Conviction: 15 / 20. The pillar references SEC Form 4 and Congressional PTR cluster flow. Individual transactions are not itemized in the source data.
• Macro Regime Fit: 13 / 20. The pillar cites beta of 0.9 and sector sensitivity, indicating a stock that has historically moved slightly less than the broad market.
• Forensic Balance Sheet: 15 / 20. The pillar cites Altman Z of 2.5, Piotroski F of 7/9, and Debt/Equity of 0.5. This is the second-strongest pillar and the main support for the score.

Taken together, the rating points to a stock with a sound balance-sheet profile and steady institutional and insider interest, but with weak capital efficiency (ROIC of 2.8%) limiting its score. The "Watch for Breakout" label implies the rating team sees the score as near a threshold rather than decisively positive or negative. For a prospective investor, the key upside driver the rating supports is balance-sheet quality; the key valuation tradeoff is that a low ROIC means earnings are not being compounded at a high rate. These are analytical observations drawn from the rating inputs and are not personalized financial advice.

Zions Bancorporation N.A. (ZION) is a NASDAQ-listed issuer classified in the Financials sector and the Major Banks industry, per the profile section. The company carries a market capitalization of $9.7B. Per the SEC financials, the company reports revenue, operating income, net income, free cash flow, and debt, but the source data does not describe its specific products, customer segments, or revenue model. Not available in source data for the detailed product and customer breakdown.

Per the SEC financials, net income rose from $680.0M in FY 2023 to $784.0M in FY 2024 and $899.0M in FY 2025. Free cash flow was $862.4M, $1051.0M, and $952.0M across the same periods. The reported debt figure moved from $1244.1M in FY 2023 to roughly $37B in the two later periods. Per the market data, operating margin is 75%, net margin is 68%, and gross margin is 0%, while ROIC is 2.8%. Per the Roarable RQD rating, the Altman Z-Score is 2.5 and the Piotroski F-Score is 7/9, with Debt/Equity of 0.5 per the same rating inputs. The balance-sheet indicators are the firmest part of the record, while the low ROIC signals that the earnings base is not being converted into high returns on capital.

Per the recent news section, the wire contains six items, all marked with a yellow light and "MARKET WIRE" impact label:

• A Q3 earnings comparison against estimates, covering key metrics.
• A TD Cowen forecast described as pessimistic for the stock price.
• A summary of management commentary from the Q3 earnings call.
• A declared quarterly dividend on common stock, payable November 19, 2026.
• A board announcement of share repurchase approval and dividend declarations on common and preferred stock.
• A valuation-oriented piece asking whether the stock is undervalued.

Risk watch items include the TD Cowen forecast, which the headline characterizes as pessimistic. The Butterfly graph contains no proprietary signals, so no additional signal overlay is available. The dividend and repurchase announcements are the most concrete capital-return catalysts in the feed.

Not available in source data for consensus rating and price targets, since analyst data is NONE. Not available in source data for SEC Form 4 insider, 13F whale, or Congressional trade detail, since holders data is NONE. The Roarable RQD pillars reference these flows at scores of 14/20 and 15/20, but the underlying transactions are not itemized.

• What drives the gap between the FCF yield of 9.85% and the ROIC of 2.8%, and is the capital base expanding faster than earnings?
• What is the composition of the FY 2023 to FY 2024 debt change, from $1244.1M to $37192.9M?
• What specific rationale underlies the TD Cowen pessimistic forecast referenced in the news wire?
• What are the itemized 13F, Form 4, and Congressional trades behind the 14/20 and 15/20 pillar scores?
• What are the EPS and cash balances, which the financials currently list as N/A?