Company Overview
Zions Bancorporation, National Association functions as a provider of various banking products and related services, with its primary operational footprint concentrated across the states of Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming. The entity operates within the Financial Services sector, specifically classified under the Banks - Regional industry, which defines its competitive landscape as a regional lender rather than a national monopoly. The company maintains an employee base of 9,195 individuals, reflecting a substantial organizational scale despite the absence of specific market capitalization data in the current reporting period. While the market cap is listed as N/A, indicating that this specific valuation metric is either not disclosed or unavailable for calculation at this time, the annual revenue of $3.31 billion combined with the significant workforce suggests a mid-to-large-scale regional banking operation. The absence of a reported market cap figure in the provided data limits the ability to quantify the total equity value directly, but the revenue generation and employee count establish the firm's significant presence within the regional banking ecosystem where it serves local communities and businesses.
Financial Health
The company reported a trailing twelve-month revenue of $3.31 billion, generating a net income of $884.00 million, while EBITDA figures are not available in the provided dataset. The substantial gap between the total revenue of $3.31 billion and the net income of $884.00 million reveals a cost structure where operating expenses, including provisions for loan losses and personnel costs, absorb approximately 73% of gross revenue before reaching the bottom line. Free cash flow data is not available in the current records, which prevents a direct assessment of the company's immediate financial flexibility regarding capital expenditures versus cash generation from operations. Operating margins stand at 38.8%, indicating that the company retains a significant portion of its revenue after covering operating expenses, while profit margins of 27.1% demonstrate the efficiency of converting sales into actual earnings after all costs. Gross margin is recorded at 0.0%, a standard characteristic for financial institutions where the cost of funds and interest income net to zero in the traditional gross margin calculation, shifting the focus to net interest spread and fee income. The company holds $4.73 billion in cash against $5.09 billion in debt, resulting in a debt-to-equity ratio that is not explicitly listed but implies a leveraged balance sheet typical for banking operations. The current ratio is not provided in the available facts, so a direct assessment of short-term liquidity relative to current liabilities cannot be quantified using the specific numbers listed. Return on Equity is 13.5%, which signifies that the company is generating 13.5 cents of profit for every dollar of shareholder equity, while Return on Assets stands at 1.0%, indicating the efficiency of asset utilization across the entire balance sheet.
Valuation Assessment
The trailing twelve-month P/E ratio is 3.11, whereas the forward P/E ratio is not available, suggesting a lack of data for projecting earnings trajectory relative to the current stock price. The price-to-book ratio is 0.40, indicating that the market values the company's equity at less than half of its book value, which often suggests the stock is trading at a discount relative to its tangible assets. The price-to-sales ratio and EV/EBITDA are both listed as N/A, meaning these alternative valuation metrics cannot be utilized to assess the company's valuation relative to its sales or enterprise earnings. The 52-week high is $24.40 and the 52-week low is $18.90, providing a trading range within which the stock has fluctuated over the last year. Without the specific current share price in the provided facts, the exact percentage deviation from the 52-week high or low cannot be calculated, but the range demonstrates the volatility experienced within the past year. The beta value is 0.82, indicating that the stock's price volatility is lower than the broader market, as a beta below 1.0 suggests the stock tends to move less dramatically than the overall market index during periods of fluctuation.
Growth & Income
Revenue growth year-over-year is 13.6%, and earnings growth year-over-year is 31.4%, demonstrating that earnings are expanding at a significantly faster rate than revenue. This divergence implies that the company is benefiting from operational efficiencies or a favorable mix of high-margin products that allow net income to outpace top-line growth. The dividend yield is 6.4%, while the payout ratio is not available in the provided data, so the sustainability of the dividend relative to specific earnings per share cannot be calculated from the listed figures. However, the high dividend yield suggests a focus on returning capital to shareholders, which is a common strategy for mature regional banks. The company does not fall into the non-dividend payer category, as a dividend yield is explicitly listed, distinguishing it from firms that reinvest all earnings into growth. The overall growth and income profile is characterized by double-digit earnings expansion and a robust dividend yield, supported by a conservative balance sheet with cash levels exceeding debt obligations.