Zions Bancorporation N.A's ZIONP is an exchange-traded preferred stock in the National Commercial Banks sector. At a recent price of $18.35, ZIONP yields 7.03% on its $25 liquidation preference and 4% coupon. It trades at a discount of 26.6% to par. The issue is non-cumulative, perpetual (no stated maturity), callable on or after 2011-12-15. Distributions are paid quarterly. Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.