ZION drawdown: 18.9% below the all-time high
Zions Bancorporation N.A. (ZION) is 18.9% below its all-time high, set Feb 20, 2007 (as of market close, Aug 17, 2026). The chart shows every day as a percentage of the highest level reached up to that point: 100% means a fresh record, everything below is a drawdown. "All-time" means since our price data begins (1980).
- Below all-time high
- −18.9%
- 81.1% of ATH
- All-time high
- $88.28
- Feb 20, 2007
- Time below the high
- 19.5 yrs
- since Feb 20, 2007
- Worst-ever drawdown
- −92.7%
- Mar 6, 2009
- Longest underwater
- 19.5 yrs
- between all-time highs
- Today's level first reached
- Apr 21, 1999
- 27.3 yrs ago
- Last time this deep
- Oct 19, 2004
- in a previous episode
% of all-time high since 1980#
The classic underwater chart (drawdown curve), drawn as % of the all-time high — 100% is a fresh record, everything below it is time spent underwater.
% of all-time high on the price basis — the all-time high considers the full history of ZION, including years before the visible window. Dividends are excluded on this basis (the convention headlines use).
The deepest drawdowns on record#
Every decline of 15% or more from an all-time high (price basis), deepest first.
| Peak | Trough | Depth | Peak → trough | Recovered by | Underwater |
|---|---|---|---|---|---|
| Feb 20, 2007 | Mar 6, 2009 | −92.7% | 2.0 yrs | not yet | 19.5 yrs+ |
| Jun 16, 1986 | Jan 16, 1989 | −63.4% | 2.6 yrs | Sep 25, 1992 | 6.3 yrs |
| Apr 21, 1999 | Oct 7, 2002 | −54.6% | 3.5 yrs | Nov 21, 2005 | 6.6 yrs |
| Jul 17, 1998 | Aug 31, 1998 | −33.0% | 45 days | Dec 28, 1998 | 5 mo |
| Mar 30, 1993 | Dec 9, 1994 | −31.6% | 1.7 yrs | Jun 21, 1995 | 2.2 yrs |
| May 15, 1981 | Sep 2, 1981 | −22.6% | 4 mo | Nov 3, 1982 | 18 mo |
| Dec 28, 1995 | Jan 16, 1996 | −17.7% | 19 days | Aug 14, 1996 | 8 mo |
| May 19, 1997 | Jun 6, 1997 | −16.9% | 18 days | Jun 30, 1997 | 42 days |
Price basis (no dividends) — the convention crash histories use. With dividends reinvested, recoveries arrive years earlier; switch the basis on the chart above to see it.
Drawdown vs what came next#
One dot per month since 1980: how far ZION stood below its all-time high, and the total return over the following 1, 5 and 10 years.
Read this with survivorship bias in mind: ZION is on this chart precisely because it survived — the many stocks that fell this far and never recovered (or were delisted) aren't on anyone's chart, so past recoveries here say little about the odds ahead. Monthly windows also overlap heavily (they are not independent samples). Not investment advice.
FAQ#
- How far is ZION from its all-time high?
- ZION is currently 18.9% below its all-time high, set Feb 20, 2007 (as of market close, Aug 17, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest ZION drawdown ever?
- The deepest decline on record in our data (since 1980) took the stock 92.7% below its prior high, bottoming Mar 6, 2009. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily closing prices since 1980 (split-adjusted). "All-time" means since our price data begins — ZION may have traded earlier. For a 150-year index drawdown record see the S&P 500 drawdown page. The price basis excludes dividends; the total-return basis reinvests them; the real basis additionally deflates by CPI. See also returns by year, 150 years of returns and the rolling-returns explorer. Past performance does not predict future returns; not investment advice.