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Zions Bancorporation

Financial Services US ZION

57.26USD
1.01(1.80%)

Last update at 2025-02-04T18:52:00Z

Day Range

56.1657.72
LowHigh

52 Week Range

25.2445.54
LowHigh

Fundamentals

  • Previous Close 56.25
  • Market Cap6278.29M
  • Volume346780
  • P/E Ratio10.82
  • Dividend Yield3.81%
  • Revenue TTM2918.00M
  • Revenue Per Share TTM19.77
  • Gross Profit TTM 3030.00M
  • Diluted EPS TTM3.93

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 1152.00M 1446.00M 672.00M 1053.00M 1143.00M
Minority interest - - - - -
Net income 907.00M 1129.00M 539.00M 816.00M 884.00M
Selling general administrative 1285.00M 1152.00M 1112.00M 1166.00M 1120.00M
Selling and marketing expenses 39.00M 19.00M 19.00M 19.00M 26.00M
Gross profit 3337.00M 2911.00M 2789.00M 2834.00M 2782.00M
Reconciled depreciation 110.00M -14.00000M 86.00M 188.00M 193.00M
Ebit 1337.00M 1446.00M 672.00M 1053.00M 1394.00M
Ebitda 1447.00M 1432.00M 758.00M 1241.00M 1587.00M
Depreciation and amortization 110.00M -14.00000M 86.00M 188.00M 193.00M
Non operating income net other - - - 362.00M 43.00M
Operating income 1337.00M 1446.00M 672.00M 1053.00M 1394.00M
Other operating expenses 39.00M -1465.00000M -2117.00000M -1781.00000M 1388.00M
Interest expense 185.00M 59.00M 153.00M 411.00M 251.00M
Tax provision 245.00M 317.00M 133.00M 237.00M 259.00M
Interest income 2705.00M 2267.00M 2368.00M 2683.00M 2481.00M
Net interest income 2520.00M 2208.00M 2215.00M 2272.00M 2230.00M
Extraordinary items - - - - 2.00M
Non recurring - - - - -
Other items - - - - -
Income tax expense 245.00M 317.00M 133.00M 237.00M 259.00M
Total revenue 3337.00M 2911.00M 2789.00M 2834.00M 2782.00M
Total operating expenses 39.00M -1465.00000M -2117.00000M -1781.00000M -1388.00000M
Cost of revenue - - - - 212.00M
Total other income expense net -185.00000M -59.00000M -153.00000M -411.00000M -251.00000M
Discontinued operations - - - - -
Net income from continuing ops 907.00M 1129.00M 539.00M 4477.00M 927.00M
Net income applicable to common shares 878.00M 1100.00M 505.00M 782.00M 850.00M
Preferred stock and other adjustments 29.00M 29.00M 34.00M -34.00000M 34.00M
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 87203.00M 89545.00M 93200.00M 81476.00M 69172.00M
Intangible assets 32.00M 38.00M 1.00M 2.00M 1.00M
Earning assets - - - - 16911.00M
Other current assets 3559.00M -8129.00000M 30449.00M 44533.00M 36586.00M
Total liab 81134.00M 84652.00M 1012.00M 1336.00M 61819.00M
Total stockholder equity 5545.00M 4893.00M 7463.00M 7886.00M 7353.00M
Deferred long term liab - - - - -
Other current liab 9798.00M -5837.00000M 82789.00M 69653.00M -1000.00000M
Common stock 1731.00M 1754.00M 1928.00M 2686.00M 2735.00M
Capital stock 2171.00M 2194.00M 2368.00M 3252.00M 3301.00M
Retained earnings 6212.00M 5811.00M 5175.00M 4309.00M 4009.00M
Other liab - 1283.00M 1033.00M 1029.00M 693.00M
Good will 1027.00M 1027.00M 1014.00M 1014.00M 1014.00M
Other assets 80260.00M 80946.00M 29901.00M 44134.00M 36112.00M
Cash 2204.00M 1997.00M 10878.00M 1617.00M 1448.00M
Cash and equivalents - - - - -
Total current liabilities 13799.00M 1263.00M 802.00M 1888.00M 1000.00M
Current deferred revenue - - - - -
Net debt 2537.00M 5754.00M -9866.00000M -281.00000M 275.00M
Short term debt 4001.00M 7100.00M 802.00M 1888.00M 1000.00M
Short long term debt 1525.00M 7100.00M - 0.00000M 1000.00M
Short long term debt total 4741.00M 7751.00M 1012.00M 1336.00M 1723.00M
Other stockholder equity 5279.00M 1459.00M 440.00M 566.00M 566.00M
Property plant equipment - 1581.00M 1319.00M 1209.00M 1142.00M
Total current assets 3559.00M 6169.00M 35253.00M 17668.00M 15507.00M
Long term investments 21048.00M 24636.00M 25712.00M 17531.00M 50015.00M
Net tangible assets - 3388.00M 6008.00M 6304.00M 5773.00M
Short term investments 10326.00M 11915.00M 24048.00M 15731.00M 13725.00M
Net receivables 383.00M 386.00M 327.00M 320.00M 334.00M
Long term debt 538.00M 651.00M 1012.00M 1336.00M 1723.00M
Inventory -1045.00000M 3.00M 8.00M 4.00M 8.00M
Accounts payable - 71652.00M 82789.00M 69653.00M 57085.00M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -2838.00000M -3112.00000M -80.00000M 325.00M 43.00M
Additional paid in capital - - - - -
Common stock total equity - - - 2686.00M 2735.00M
Preferred stock total equity - 440.00M 440.00M 566.00M 566.00M
Retained earnings total equity - 5811.00M 5175.00M 4309.00M 4009.00M
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 2757.00M -24679.00000M -28046.00000M -19674.00000M -17553.00000M
Deferred long term asset charges - - - - -
Non current assets total 83644.00M 2430.00M 28046.00M 19674.00M 17553.00M
Capital lease obligations 4.00M 4.00M 4.00M 4.00M 4.00M
Long term debt total - 651.00M 1012.00M 1336.00M 1723.00M
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Investments 2370.00M 1548.00M -11467.00000M -12154.00000M -852.00000M
Change to liabilities - 892.00M 13.00M 57.00M -14.00000M
Total cashflows from investing activities - 1405.00M -11579.00000M -12204.00000M 375.00M
Net borrowings - 9224.00M -955.00000M -910.00000M 3600.00M
Total cash from financing activities -3196.00000M -2813.00000M 11002.00M 11323.00M -981.00000M
Change to operating activities - 483.00M -51.00000M -176.00000M -277.00000M
Net income 674.00M 907.00M 1129.00M 539.00M 816.00M
Change in cash 59.00M 62.00M 52.00M -162.00000M 91.00M
Begin period cash flow 657.00M 595.00M 543.00M 705.00M 614.00M
End period cash flow 716.00M 657.00M 595.00M 543.00M 705.00M
Total cash from operating activities 903.00M 1470.00M 629.00M 719.00M 697.00M
Issuance of capital stock 3.00M 9.00M 21.00M 8.00M 14.00M
Depreciation 140.00M 110.00M -14.00000M 86.00M 188.00M
Other cashflows from investing activities - 47.00M 94.00M 121.00M -2.00000M
Dividends paid 282.00M 269.00M 261.00M 259.00M 260.00M
Change to inventory - - - - -
Change to account receivables - - - - -
Sale purchase of stock -51.00000M -202.00000M -926.00000M -76.00000M -1102.00000M
Other cashflows from financing activities 3300.00M -2061.00000M 13123.00M 12560.00M 3967.00M
Change to netincome - -104.00000M -145.00000M -154.00000M 27.00M
Capital expenditures 113.00M 190.00M 206.00M 171.00M 117.00M
Change receivables - - - - -
Cash flows other operating - -335.00000M -354.00000M 191.00M 179.00M
Exchange rate changes - - - - -
Cash and cash equivalents changes - 62.00M 52.00M -162.00000M 91.00M
Change in working capital -130.00000M 390.00M -158.00000M -259.00000M -353.00000M
Stock based compensation 33.00M 30.00M 28.00M 26.00M 27.00M
Other non cash items 195.00M 76.00M -388.00000M 385.00M 21.00M
Free cash flow 790.00M 1280.00M 423.00M 548.00M 580.00M

Peer Comparison

Sector: Financial Services Industry: Banks - Regional

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x)
ZION
Zions Bancorporation
1.01 1.80% 57.26 10.82 9.94 2.01 1.14
HDB
HDFC Bank Limited ADR
1.46 2.44% 61.33 20.81 20.96 0.11 4.77
CIHKY
China Merchants Bank Co Ltd
0.79 2.92% 27.87 6.61 5.68 0.48 0.77 3.43
CIHHF
China Merchants Bank Co Ltd Class H
- -% 4.87 6.10 5.67 0.44 0.77 3.43
IBN
ICICI Bank Limited
0.39 1.34% 29.20 17.79 16.95 0.07 3.08

Reports Covered

Stock Research & News

Profile

Zions Bancorporation, National Association provides various banking products and related services primarily in the states of Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming. It operates through Zions Bank, California Bank & Trust, Amegy Bank, National Bank of Arizona, Nevada State Bank, Vectra Bank Colorado, and The Commerce Bank of Washington segments. The company offers commercial and small business banking services to small- and medium-sized businesses, such as commercial, industrial, and owner-occupied lending and leasing; municipal and public finance services; depository account and cash management services; commercial and small business cards; merchant processing services; corporate trust services; and correspondent banking and international lending services. It also provides capital markets and investment banking services, including loan syndications, foreign exchange services, interest rate derivatives, fixed income securities underwriting, advisory and capital raising, commercial mortgage-backed security conduit lending, and power and project financing; and commercial real estate lending services consisting of term and construction/land development financing for commercial and residential purposes. In addition, the company offers retail banking services comprising residential mortgages, home equity lines of credit, personal lines of credit, installment consumer loans, depository account services, consumer cards, and personal trust services; and wealth management services consisting of investment management, fiduciary and estate, and advanced business succession and estate planning services. The company was formerly known as ZB, National Association and changed its name to Zions Bancorporation, National Association in September 2018. Zions Bancorporation, National Association was founded in 1873 and is headquartered in Salt Lake City, Utah.

Zions Bancorporation

One South Main Street, Salt Lake City, UT, United States, 84133-1109

Key Executives

Name Title Year Born
Mr. Harris Henry Simmons Chairman & CEO 1954
Mr. Scott J. McLean Pres, COO & Director 1957
Mr. Paul E. Burdiss Exec. VP & CFO 1966
Mr. Aldon Scott Anderson Exec. VP 1947
Mr. Keith D. Maio Exec. VP & Chief Risk Officer 1958
Ms. Jennifer Anne Smith Exec. VP and Chief Technology & Operations Officer 1973
Mr. James R. Abbott Sr. VP and Director of Investor Relations & External Communications 1973
Mr. Thomas E. Laursen Exec. VP, Gen. Counsel & Sec. 1952
Mr. Alvin Lee Sr. VP & Director of Corp. Devel. NA
Mr. Scott A. Law Exec. VP & Chief HR 1966

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