ZION Stock Analysis: Zions Bancorporation | NASDAQ
Banks - Regional | NASDAQ, USA | Market Cap: 10.157m USD | 12M Return: 27.8% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 119M
EPS Trend: 77.0%
Qual. Beats: 2
Rev. Trend: 62.5%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Zions Bancorporation is a regional bank holding company that provides a full suite of commercial, retail, and wealth management services primarily across 11 western U.S. states, including Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming. It operates through multiple community bank brands-such as Zions Bank, California Bank & Trust, Amegy Bank, National Bank of Arizona, Nevada State Bank, Vectra Bank Colorado, and The Commerce Bank of Washington-serving small- and medium-sized businesses, municipalities, and individual consumers with lending, depository, treasury, capital markets, and trust services. The company was founded in 1873, is headquartered in Salt Lake City, Utah, and was renamed from ZB, National Association in September 2018. As a regional bank, Zions follows a multi-brand model that preserves local market identity and customer relationships, a common strategy among U.S. regional banks seeking to compete with larger national institutions while maintaining strong community ties.
- Office CRE loan losses pressure earnings outlook
- Net interest margin compresses as deposit costs rise
- Western regional loan demand slows on economic uncertainty
| Net Income: 1.17b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA 0.22 > 1.0 |
| NWC/Revenue: -1.25k% < 20% (prev -1.36k%; Δ 114.8% < -1%) |
| CFO/TA 0.01 > 3% & CFO 1.29b > Net Income 1.17b |
| Net Debt (-15.3b) to EBITDA (3.04b): -5.04 < 3 |
| Current Ratio: 0.24 > 1.5 & < 3 |
| Outstanding Shares: last quarter (146.2m) vs 12m ago -0.57% < -2% |
| Gross Margin: 65.38% > 18% (prev 63.85%; Δ 1.53% > 0.5%) |
| Asset Turnover: 5.29% > 50% (prev 5.59%; Δ -0.30% > 0%) |
| Interest Coverage Ratio: 2.05 > 6 (EBIT TTM 2.93b / Interest Expense TTM 1.43b) |
| A: -0.66 (Total Current Assets 18.5b - Total Current Liabilities 77.3b) / Total Assets 89.0b |
| B: 0.09 (Retained Earnings 7.88b / Total Assets 89.0b) |
| C: 0.03 (EBIT TTM 2.93b / Avg Total Assets 89.0b) |
| D: 0.09 (Book Value of Equity 7.68b / Total Liabilities 81.4b) |
| Altman-Z'' = -3.72 = D |
As of July 28, 2026, the stock is trading at USD 68.52 with a total of 1,617,209 shares traded. Over the past week, the price has changed by -4.69%, over one month by -1.44%, over three months by +10.27% and over the past year by +27.77%.
Current recommended Stop Loss: 66.00 (which is 3.7% or 1.5 ATR below the current price).
Zions Bancorporation has received a consensus analysts rating of 3.57. Therefore, it is recommended to hold ZION.
- StrongBuy: 6
- Buy: 1
- Hold: 13
- Sell: 1
- StrongSell: 0
| Analysts Target Price | 73.2 | 6.8% |
P/E Trailing = 11.1551
P/E Forward = 11.4025
P/S = 3.1175
P/B = 1.4703
P/EG = 4.9561
Revenue TTM = 4.71b USD
EBIT TTM = 2.93b USD
EBITDA TTM = 3.04b USD
Long Term Debt = 1.47b USD (from longTermDebt, last fiscal year)
Short Term Debt = 1.22b USD (from shortTermDebt, last quarter)
Debt = 3.18b USD (from shortLongTermDebtTotal, last quarter) + Leases 3.00m
Net Debt = -15.3b USD (calculated: Debt 3.18b - CCE 18.5b)
Enterprise Value = 10.2b USD (floored to Market Cap, CCE > MCap+Debt)
Interest Coverage Ratio = 2.05 (Ebit TTM 2.93b / Interest Expense TTM 1.43b)
EV/FCF = 8.70x (Enterprise Value 10.2b / FCF TTM 1.17b)
FCF Yield = 11.50% (FCF TTM 1.17b / Enterprise Value 10.2b)
FCF Margin = 24.82% (FCF TTM 1.17b / Revenue TTM 4.71b)
Net Margin = 24.88% (Net Income TTM 1.17b / Revenue TTM 4.71b)
Gross Margin = 65.38% ((Revenue TTM 4.71b - Cost of Revenue TTM 1.63b) / Revenue TTM)
Gross Margin QoQ = none% (prev 72.36%)
Tobins Q-Ratio = 0.11 (Enterprise Value 10.2b / Total Assets 89.0b)
Interest Expense / Debt = 44.87% (Interest Expense 1.43b / Debt 3.18b)
Taxrate = 21.99% (330.0m / 1.50b)
NOPAT = 2.28b (EBIT 2.93b * (1 - 21.99%))
Current Ratio = 0.24 (Total Current Assets 18.5b / Total Current Liabilities 77.3b)
Debt / Equity = 0.41 (Debt 3.18b / totalStockholderEquity, last quarter 7.68b)
Debt / EBITDA = -5.04 (Net Debt -15.3b / EBITDA 3.04b)
Debt / FCF = -13.13 (Net Debt -15.3b / FCF TTM 1.17b)
Total Stockholder Equity = 7.26b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.32% (Net Income 1.17b / Total Assets 89.0b)
RoE = 16.14% (Net Income TTM 1.17b / Total Stockholder Equity 7.26b)
RoCE = 33.55% (EBIT 2.93b / Capital Employed (Equity 7.26b + L.T.Debt 1.47b))
RoIC = 2.57% (NOPAT 2.28b / Invested Capital 88.8b)
WACC = 15.89% (E(10.2b)/V(13.3b) * Re(9.91%) + D(3.18b)/V(13.3b) * Rd(44.87%) * (1-Tc(0.22)))
Discount Rate = 9.91% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -65.51 | Cagr: -0.34%
[DCF] Terminal Value 57.42% ; FCFF base≈1.09b ; Y1≈1.25b ; Y5≈1.84b
[DCF] Fair Price = 183.9 (EV 11.7b - Net Debt -15.3b = Equity 27.1b / Shares 147.1m; r=15.89% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 76.98 | EPS CAGR: 9.61% | SUE: 1.75 | # QB: 2
Revenue Correlation: 62.49 | Revenue CAGR: 4.02% | SUE: 0.23 | # QB: 0
EPS current Quarter (2026-09-30): EPS=1.68 | Chg30d=+1.64% | Revisions=+55% | Analysts=18
EPS current Year (2026-12-31): EPS=6.82 | Chg30d=+3.38% | Revisions=+55% | GrowthEPS=+13.5% | GrowthRev=+3.1%
EPS next Year (2027-12-31): EPS=6.86 | Chg30d=+1.53% | Revisions=+55% | GrowthEPS=+0.5% | GrowthRev=+5.4%
[Analyst] Revisions Ratio: +67% (up=21, down=3)