Financials Zions Bancorporation, N.A.

Equities

ZION

US9897011071

Banks

Market Closed - Nasdaq 16:00:00 2024-04-26 EDT 5-day change 1st Jan Change
41.76 USD +1.19% Intraday chart for Zions Bancorporation, N.A. +4.61% -4.81%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 8,850 7,125 9,882 7,355 6,499 6,166 - -
Enterprise Value (EV) 1 8,850 7,125 9,882 7,355 6,499 6,166 6,166 6,166
P/E ratio 12.5 x 14.4 x 9.3 x 8.49 x 10.1 x 9.77 x 8.96 x 7.82 x
Yield 2.47% 3.13% 2.28% 3.21% 3.74% 3.98% 4.09% 4.45%
Capitalization / Revenue 3.09 x 2.53 x 3.36 x 2.31 x 2.06 x 2.02 x 1.94 x 1.84 x
EV / Revenue 3.09 x 2.53 x 3.36 x 2.31 x 2.06 x 2.02 x 1.94 x 1.84 x
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 1.26 x 0.97 x 1.36 x 1.64 x 1.24 x 1.05 x 0.95 x 0.84 x
Nbr of stocks (in thousands) 170,464 164,012 156,463 149,618 148,149 147,653 - -
Reference price 2 51.92 43.44 63.16 49.16 43.87 41.76 41.76 41.76
Announcement Date 20-01-21 21-01-19 22-01-24 23-01-23 24-01-22 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 2,860 2,817 2,943 3,189 3,156 3,046 3,180 3,354
EBITDA - - - - - - - -
EBIT 1 1,118 1,113 1,202 1,311 1,059 1,013 1,093 1,111
Operating Margin 39.09% 39.51% 40.84% 41.11% 33.56% 33.25% 34.37% 33.12%
Earnings before Tax (EBT) 1 1,053 672 1,446 1,152 886 875.1 941.2 1,041
Net income 1 782 505 1,100 878 648 632.8 684.9 767
Net margin 27.34% 17.93% 37.38% 27.53% 20.53% 20.78% 21.54% 22.87%
EPS 2 4.160 3.020 6.790 5.790 4.350 4.272 4.658 5.339
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 1.280 1.360 1.440 1.580 1.640 1.661 1.709 1.857
Announcement Date 20-01-21 21-01-19 22-01-24 23-01-23 24-01-22 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 701 753 694 774 838 883 848 791 776 741 752 757.3 770.2 773.1 766.5
EBITDA - - - - - - - - - - - - - - -
EBIT 1 272 304 230 310 359 412 336 283 280 160 226 252.3 264.2 267.4 244.2
Operating Margin 38.8% 40.37% 33.14% 40.05% 42.84% 46.66% 39.62% 35.78% 36.08% 21.59% 30.05% 33.32% 34.31% 34.59% 31.85%
Earnings before Tax (EBT) 1 311 269 255 260 278 359 282 226 228 150 203 224.3 230.2 227.7 203.9
Net income 1 234 207 195 195 211 277 198 166 168 116 143 160.7 166.1 163.6 145.9
Net margin 33.38% 27.49% 28.1% 25.19% 25.18% 31.37% 23.35% 20.99% 21.65% 15.65% 19.02% 21.23% 21.57% 21.16% 19.03%
EPS 2 1.450 1.340 1.270 1.290 1.400 1.840 1.330 1.110 1.130 0.7800 0.9600 1.089 1.121 1.109 0.9765
Dividend per Share 2 0.3800 0.3800 0.3800 0.3800 0.4100 0.4100 0.4100 0.4100 0.4100 0.4100 0.4100 0.4100 0.4212 0.4212 0.4231
Announcement Date 21-10-18 22-01-24 22-04-25 22-07-26 22-10-24 23-01-23 23-04-19 23-07-19 23-10-18 24-01-22 24-04-22 - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 10.5% 6.63% 14.3% 14.2% 13.4% 11.2% 11% 11.2%
ROA (Net income/ Total Assets) 1.13% 0.71% 1.26% 0.96% 0.77% 0.75% 0.8% 0.84%
Assets 1 68,959 71,127 87,371 91,373 84,156 84,456 86,037 91,313
Book Value Per Share 2 41.10 44.60 46.30 30.00 35.40 39.90 43.90 50.00
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 20-01-21 21-01-19 22-01-24 23-01-23 24-01-22 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
25
Last Close Price
41.76 USD
Average target price
46.09 USD
Spread / Average Target
+10.37%
Consensus
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  4. Financials Zions Bancorporation, N.A.