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.
Financial Resilience | Zions Bancorporation shows mixed financial performance with EPS growth and revenue challenges, projecting cautiously optimistic outlook for net interest income and earnings |
Credit Quality Concerns | Explore the implications of rising non-performing assets and classified loans, particularly in the multi-family sector, despite low net charge-offs |
Tech Transformation | Learn about Zions' strategic core system upgrade, set to enhance operational efficiency and competitiveness in the digital banking landscape |
Market Positioning | Delve into Zions' strengths and challenges as a regional bank, with analyst price targets ranging from $47 to $57, averaging around $52 |
Metrics to compare | ZION | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipZIONPeersSector | |
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P/E Ratio | 13.7x | 14.6x | 8.7x | |
PEG Ratio | −0.73 | 0.24 | 0.03 | |
Price/Book | 1.5x | 1.3x | 1.0x | |
Price / LTM Sales | 2.9x | 5.5x | 2.8x | |
Upside (Analyst Target) | −8.3% | 1.5% | 10.6% | |
Fair Value Upside | Unlock | 0.0% | 2.8% | Unlock |