Symbols / ZION $61.94 -0.13% Zions Bancorporation, National Association

Financial Services • Banks - Regional • United States • NMS
ZION Chart
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About

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. The company 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. It 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. The company also provides capital markets and investment banking services, including loan syndications, foreign exchange services, interest rate derivatives, fixed income securities underwriting, mergers and acquisitions advisory services, 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, it offers retail banking services comprising residential mortgages lending, 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.

Fundamentals
Scroll to Statements
Market Cap 9.11B Enterprise Value 8.02B Income 947.00M Sales 3.39B Book/sh 48.18 Cash/sh 23.89
Dividend Yield 2.90% Payout 27.64% Employees 9090 IPO — P/E 9.62 Forward P/E 9.29
PEG 4.37 P/S 2.69 P/B 1.29 P/C — EV/EBITDA — EV/Sales 2.36
Quick Ratio — Current Ratio — Debt/Eq — LT Debt/Eq — EPS (ttm) 6.44 EPS next Y 6.67
EPS Growth 38.10% Revenue Growth 10.20% Earnings 2026-07-20 ROA 1.09% ROE 14.12% ROIC —
Gross Margin 0.00% Oper. Margin 36.10% Profit Margin 28.36% Shs Outstand 147.08M Shs Float 144.28M Short Float 3.98%
Short Ratio 3.04 Short Interest — 52W High 66.18 52W Low 43.64 Beta 0.80 Avg Volume 1.86M
Volume 1.40M Target Price $66.60 Recom Buy Prev Close $62.02 Price $61.94 Change -0.13%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$66.60
Mean price target
2. Current target
$61.94
Latest analyst target
3. DCF / Fair value
$96.60
Fallback: EPS × 15 (assumed fair P/E). No FCF data; use with …
Ratings
Current target
$61.94
Low
$62.00
High
$75.00
Mean
$66.60

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-04-22 main Citigroup Neutral → Neutral $66
2026-04-22 main Barclays Underweight → Underweight $72
2026-04-22 main DA Davidson Buy → Buy $78
2026-04-21 main JP Morgan Neutral → Neutral $67
2026-04-21 main TD Cowen Hold → Hold $65
2026-04-21 main RBC Capital Sector Perform → Sector Perform $68
2026-04-21 main Truist Securities Hold → Hold $66
2026-04-21 main Baird Outperform → Outperform $68
2026-04-06 main Evercore ISI Group In-Line → In-Line $63
2026-04-02 main Piper Sandler Neutral → Neutral $62
2026-04-01 main JP Morgan Neutral → Neutral $62
2026-03-31 main Morgan Stanley Overweight → Overweight $68
2026-03-09 up Baird Neutral → Outperform $65
2026-03-02 up Morgan Stanley Equal-Weight → Overweight $75
2026-02-05 main Evercore ISI Group In-Line → In-Line $68
2026-01-23 main Citigroup Neutral → Neutral $64
2026-01-22 main Truist Securities Hold → Hold $63
2026-01-21 main TD Cowen Hold → Hold $64
2026-01-21 main Piper Sandler Neutral → Neutral $65
2026-01-21 main RBC Capital Sector Perform → Sector Perform $64
News
RSS: Latest ZION news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-02-24 SIMMONS HARRIS H Chief Executive Officer — 4,500 $59.03 $265,635
2026-02-20 ARBUCKLE JASON D Officer — 214 $0.00 $0
2026-02-20 ARBUCKLE JASON D Officer — 190 $61.77 $11,736
2026-02-18 SMITH JENNIFER ANNE Officer — 2,089 $62.48 $130,521
2026-02-18 SMITH JENNIFER ANNE Officer — 2,089 $52.90 $110,508
2026-02-12 MCLEAN SCOTT J President — 15,973 $60.19 $961,415
2026-02-12 STEPHENS STEVEN DAN Officer — 6,440 $60.19 $387,624
2026-02-12 SMITH JENNIFER ANNE Officer — 5,805 $60.19 $349,403
2026-02-12 RICHARDS ROBERT RYAN Officer — 8,213 $60.19 $494,340
2026-02-12 LAW SCOTT A. Officer — 3,921 $60.19 $236,005
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
3,385.00
+8.15%
3,130.00
+0.48%
3,115.00
-1.17%
3,152.00
Operating Revenue
3,385.00
+8.15%
3,130.00
+0.48%
3,115.00
-1.17%
3,152.00
Selling General And Administration
1,489.00
+5.45%
1,412.00
+0.86%
1,400.00
+5.74%
1,324.00
Selling And Marketing Expense
64.00
+42.22%
45.00
-2.17%
46.00
+17.95%
39.00
General And Administrative Expense
1,425.00
+4.24%
1,367.00
+0.96%
1,354.00
+5.37%
1,285.00
Salaries And Wages
1,350.00
+4.90%
1,287.00
+0.94%
1,275.00
+3.24%
1,235.00
Reconciled Depreciation
116.00
-6.45%
124.00
-11.43%
140.00
+27.27%
110.00
Total Unusual Items
-5.00
+64.29%
-14.00
+86.67%
-105.00
-10400.00%
-1.00
Total Unusual Items Excluding Goodwill
-5.00
+64.29%
-14.00
+86.67%
-105.00
-10400.00%
-1.00
Special Income Charges
-5.00
+64.29%
-14.00
+86.67%
-105.00
-10400.00%
-1.00
Other Special Charges
-11.00
-200.00%
11.00
-87.78%
90.00
—
Restructuring And Mergern Acquisition
16.00
+433.33%
3.00
-80.00%
15.00
+1400.00%
1.00
Net Income
899.00
+14.67%
784.00
+15.29%
680.00
-25.03%
907.00
Pretax Income
1,175.00
+16.11%
1,012.00
+14.22%
886.00
-23.09%
1,152.00
Net Interest Income
2,627.00
+8.11%
2,430.00
-0.33%
2,438.00
-3.25%
2,520.00
Interest Expense
1,557.00
-16.43%
1,863.00
+23.46%
1,509.00
+715.68%
185.00
Interest Income
4,184.00
-2.54%
4,293.00
+8.77%
3,947.00
+45.91%
2,705.00
Gain On Sale Of Security
52.00
+173.68%
19.00
+375.00%
4.00
+300.00%
1.00
Tax Provision
276.00
+21.05%
228.00
+10.68%
206.00
-15.92%
245.00
Tax Rate For Calcs
0.00
+4.44%
0.00
-3.43%
0.00
+9.39%
0.00
Tax Effect Of Unusual Items
-1.18
+62.70%
-3.15
+87.12%
-24.46
-11385.92%
-0.21
Net Income Including Noncontrolling Interests
899.00
+14.67%
784.00
+15.29%
680.00
-25.03%
907.00
Net Income From Continuing Operation Net Minority Interest
899.00
+14.67%
784.00
+15.29%
680.00
-25.03%
907.00
Net Income From Continuing And Discontinued Operation
899.00
+14.67%
784.00
+15.29%
680.00
-25.03%
907.00
Net Income Continuous Operations
899.00
+14.67%
784.00
+15.29%
680.00
-25.03%
907.00
Normalized Income
902.83
+13.58%
794.85
+4.51%
760.53
-16.22%
907.79
Net Income Common Stockholders
884.00
+21.26%
729.00
+13.55%
642.00
-26.21%
870.00
Otherunder Preferred Stock Dividend
11.00
-21.43%
14.00
+133.33%
6.00
-25.00%
8.00
Diluted EPS
6.01
+21.41%
4.95
+13.79%
4.35
-24.87%
5.79
Basic EPS
6.01
+21.41%
4.95
+12.86%
4.39
-24.38%
5.80
Basic Average Shares
147.12
-0.06%
147.21
-0.36%
147.75
-1.54%
150.06
Diluted Average Shares
147.16
-0.04%
147.22
-0.37%
147.76
-1.67%
150.27
Diluted NI Availto Com Stockholders
884.00
+21.26%
729.00
+13.55%
642.00
-26.21%
870.00
Insurance And Claims
75.00
-6.25%
80.00
+1.27%
79.00
+58.00%
50.00
Occupancy And Equipment
166.00
+3.11%
161.00
+0.63%
160.00
+5.26%
152.00
Other Non Interest Expense
417.00
+5.57%
395.00
+6.76%
370.00
+7.56%
344.00
Preferred Stock Dividends
4.00
-90.24%
41.00
+28.13%
32.00
+10.34%
29.00
Professional Expense And Contract Services Expense
61.00
-4.69%
64.00
+3.23%
62.00
+8.77%
57.00
Line Item Trend 2023-12-31
Total Assets
87,203.00
Cash And Cash Equivalents
2,204.00
Cash Financial
716.00
Other Short Term Investments
10,300.00
Receivables
383.00
Other Receivables
383.00
Net PPE
1,400.00
Gross PPE
2,450.00
Accumulated Depreciation
-1,050.00
Land And Improvements
269.00
Buildings And Improvements
959.00
Machinery Furniture Equipment
1,085.00
Leases
137.00
Goodwill And Other Intangible Assets
1,059.00
Goodwill
1,027.00
Other Intangible Assets
32.00
Investments And Advances
21,048.00
Total Liabilities Net Minority Interest
81,512.00
Current Debt And Capital Lease Obligation
1,525.00
Current Debt
1,525.00
Other Current Borrowings
1,525.00
Long Term Debt And Capital Lease Obligation
542.00
Long Term Debt
538.00
Long Term Capital Lease Obligation
4.00
Long Term Provisions
45.00
Stockholders Equity
5,691.00
Common Stock Equity
5,251.00
Capital Stock
2,171.00
Common Stock
1,731.00
Preferred Stock
440.00
Share Issued
148.15
Ordinary Shares Number
148.15
Treasury Shares Number
0.00
Retained Earnings
6,212.00
Gains Losses Not Affecting Retained Earnings
-2,692.00
Total Equity Gross Minority Interest
5,691.00
Total Capitalization
6,229.00
Invested Capital
7,314.00
Total Debt
2,067.00
Net Debt
—
Capital Lease Obligations
4.00
Net Tangible Assets
4,632.00
Tangible Book Value
4,192.00
Available For Sale Securities
318.00
Cash Cash Equivalents And Federal Funds Sold
3,141.00
Derivative Product Liabilities
378.00
Held To Maturity Securities
10,382.00
Preferred Shares Number
8.18
Preferred Stock Equity
440.00
Trading Securities
48.00
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
1,073.00
-6.53%
1,148.00
+29.72%
885.00
-39.80%
1,470.00
Cash Flow From Continuing Operating Activities
1,073.00
-6.53%
1,148.00
+29.72%
885.00
-39.80%
1,470.00
Net Income From Continuing Operations
899.00
+14.67%
784.00
+15.29%
680.00
-25.03%
907.00
Depreciation Amortization Depletion
116.00
-6.45%
124.00
-11.43%
140.00
+27.27%
110.00
Depreciation And Amortization
116.00
-6.45%
124.00
-11.43%
140.00
+27.27%
110.00
Other Non Cash Items
-70.00
-100.00%
-35.00
-161.40%
57.00
+223.91%
-46.00
Stock Based Compensation
35.00
+6.06%
33.00
+0.00%
33.00
+10.00%
30.00
Deferred Tax
47.00
+771.43%
-7.00
+22.22%
-9.00
+79.07%
-43.00
Deferred Income Tax
47.00
+771.43%
-7.00
+22.22%
-9.00
+79.07%
-43.00
Change In Working Capital
-26.00
-114.69%
177.00
+219.59%
-148.00
-137.95%
390.00
Change In Other Working Capital
-29.00
-323.08%
13.00
-40.91%
22.00
+123.66%
-93.00
Change In Other Current Assets
66.00
-29.79%
94.00
-44.38%
169.00
+136.98%
-457.00
Change In Other Current Liabilities
-90.00
-3100.00%
3.00
+101.00%
-299.00
-133.52%
892.00
Investing Cash Flow
738.00
+145.00%
-1,640.00
-169.20%
2,370.00
+68.68%
1,405.00
Cash Flow From Continuing Investing Activities
738.00
+145.00%
-1,640.00
-169.20%
2,370.00
+68.68%
1,405.00
Net PPE Purchase And Sale
-121.00
-24.74%
-97.00
+14.16%
-113.00
+40.53%
-190.00
Purchase Of PPE
-121.00
-24.74%
-97.00
+14.16%
-113.00
+40.53%
-190.00
Capital Expenditure
-121.00
-24.74%
-97.00
+14.16%
-113.00
+40.53%
-190.00
Net Investment Purchase And Sale
1,942.00
+1121.38%
159.00
-96.54%
4,601.00
-21.73%
5,878.00
Purchase Of Investment
-1,372.00
+52.58%
-2,893.00
-309.19%
-707.00
+89.17%
-6,526.00
Sale Of Investment
3,314.00
+8.58%
3,052.00
-42.50%
5,308.00
-57.21%
12,404.00
Net Business Purchase And Sale
191.00
0.00
0.00
-100.00%
318.00
Net Other Investing Changes
-19.00
-258.33%
12.00
+180.00%
-15.00
-155.56%
27.00
Financing Cash Flow
-1,779.00
-516.63%
427.00
+113.36%
-3,196.00
-13.62%
-2,813.00
Cash Flow From Continuing Financing Activities
-1,779.00
-516.63%
427.00
+113.36%
-3,196.00
-13.62%
-2,813.00
Net Issuance Payments Of Debt
-230.00
-65.47%
-139.00
+97.75%
-6,166.00
-166.85%
9,224.00
Issuance Of Debt
498.00
+0.40%
496.00
0.00
0.00
Repayment Of Debt
0.00
+100.00%
-88.00
+31.25%
-128.00
+55.86%
-290.00
Long Term Debt Issuance
498.00
+0.40%
496.00
0.00
0.00
Long Term Debt Payments
0.00
+100.00%
-88.00
+31.25%
-128.00
+55.86%
-290.00
Net Long Term Debt Issuance
498.00
+22.06%
408.00
+418.75%
-128.00
+55.86%
-290.00
Short Term Debt Payments
—
—
—
—
Net Short Term Debt Issuance
-728.00
-33.09%
-547.00
+90.94%
-6,038.00
-163.46%
9,514.00
Net Common Stock Issuance
-35.00
-34.62%
-26.00
+45.83%
-48.00
+75.13%
-193.00
Common Stock Payments
-41.00
-13.89%
-36.00
+29.41%
-51.00
+74.75%
-202.00
Cash Dividends Paid
-267.00
+7.61%
-289.00
-2.48%
-282.00
-4.83%
-269.00
Repurchase Of Capital Stock
-41.00
+90.00%
-410.00
-703.92%
-51.00
+74.75%
-202.00
Net Other Financing Charges
-11.00
-57.14%
-7.00
+22.22%
-9.00
-12.50%
-8.00
Changes In Cash
32.00
+149.23%
-65.00
-210.17%
59.00
-4.84%
62.00
Beginning Cash Position
651.00
-9.08%
716.00
+8.98%
657.00
+10.42%
595.00
End Cash Position
683.00
+4.92%
651.00
-9.08%
716.00
+8.98%
657.00
Free Cash Flow
952.00
-9.42%
1,051.00
+36.14%
772.00
-39.69%
1,280.00
Interest Paid Supplemental Data
1,567.00
-17.74%
1,905.00
+39.25%
1,368.00
+755.00%
160.00
Income Tax Paid Supplemental Data
196.00
+2.08%
192.00
-24.71%
255.00
+1114.29%
21.00
Common Stock Issuance
6.00
-40.00%
10.00
+233.33%
3.00
-66.67%
9.00
Issuance Of Capital Stock
6.00
-40.00%
10.00
+233.33%
3.00
-66.67%
9.00
Net Preferred Stock Issuance
0.00
+100.00%
-374.00
0.00
0.00
Preferred Stock Payments
0.00
+100.00%
-374.00
0.00
0.00
Sale Of Business
191.00
0.00
0.00
—
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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