Zions Bancorporation

Company Profile

Zions Bancorporation had its IPO on 1990-03-26 under the ticker symbol ZION.

The company operates in the Financial Services sector and Banks-Regional industry. Zions Bancorporation has a staff strength of 9,989 employees.

Stock update

Shares of Zions Bancorporation opened at $31.67 at the start of the last trading session i.e. 2023-03-19.

The stocks traded within a range of $29.35 - $31.69, and closed at $29.94.

This is a -6.76% slip from the previous day's closing price.

A total volume of 11,211,900 shares were traded at the close of the day’s session.

In the last one week, shares of Zions Bancorporation have slipped by -27.61%.

Zions Bancorporation's Key Ratios

Zions Bancorporation has a market cap of $4.77 billion, indicating a price to book ratio of 1.6712 and a price to sales ratio of 2.4042.

In the last 12-months Zions Bancorporation’s revenue was $3.03 billion with a gross profit of $3.03 billion and an EBITDA of $0. The EBITDA ratio measures Zions Bancorporation's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Zions Bancorporation’s operating margin was 39.7% while its return on assets stood at 0.99% with a return of equity of 14.68%.

In Q4, Zions Bancorporation’s quarterly earnings growth was a positive 36.9% while revenue growth was a positive 15.6%.

Zions Bancorporation’s PE and PEG Ratio

Forward PE

6.8353

Trailing PE

5.3085

PEG

0.5383

Its diluted EPS in the last 12-months stands at $5.64 per share while it has a forward price to earnings multiple of 6.8353 and a PEG multiple of 0.5383. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Zions Bancorporation’s profitability.

Zions Bancorporation stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 2.4042.

Zions Bancorporation stock pays annual dividends of $1.58 per share, indicating a yield of 5.33% and a payout ratio of 27.76%.

Balance sheet and cash flow metrics

Total Assets

$89.55 billion

Total Liabilities

$1.26 billion

Operating Cash Flow

$-549000000.00

Capital Expenditure

$36 million

Dividend Payout Ratio

27.76%

Zions Bancorporation ended 2023 with $89.55 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $89.55 billion while shareholder equity stood at $4.89 billion.

Zions Bancorporation ended 2023 with $0 in deferred long-term liabilities, $1.26 billion in other current liabilities, 1754000000.00 in common stock, $5.81 billion in retained earnings and $1.03 billion in goodwill. Its cash balance stood at $2.00 billion and cash and short-term investments were $13.91 billion. The company’s total short-term debt was $1,263,000,000 while long-term debt stood at $651.00 million.

Zions Bancorporation’s total current assets stands at $6.17 billion while long-term investments were $24.64 billion and short-term investments were $11.92 billion. Its net receivables were $386.00 million compared to accounts payable of $0 and inventory worth $0.

In 2023, Zions Bancorporation's operating cash flow was $-549000000.00 while its capital expenditure stood at $36 million.

Comparatively, Zions Bancorporation paid $0.28 in dividends in 2023.

Other key metrics

Current Trading Price

$29.94

52-Week High

$69.155

52-Week Low

$22.55

Analyst Target Price

$57.47

Zions Bancorporation stock is currently trading at $29.94 per share. It touched a 52-week high of $69.155 and a 52-week low of $69.155. Analysts tracking the stock have a 12-month average target price of $57.47.

Its 50-day moving average was $48.57 and 200-day moving average was $50.88 The short ratio stood at 2.93 indicating a short percent outstanding of 0%.

Around 159.6% of the company’s stock are held by insiders while 8645.6% are held by institutions.