ZION Zions Bancorporation N.A. - Common Stock

NASDAQ · Banking · View on SEC EDGAR ↗
$60.89
Price · May 20, 2026
Fundamentals as of May 7, 2026

ZION Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

Price
$60.89
Market Cap
$8.64B
P/E (TTM)
9.7
EPS (TTM)
$6.01
Revenue (TTM)
$662M
Div Yield
3.1%
ROE
13.1%
Debt/Equity
0.4
52W Range
$46 – $66

ZION Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

10-Year Performance Revenue, net income, margins and EPS trends

Revenue & Net Income $662M
8-point trend, +30.3%
2018-12-31 2025-12-31
EPS $6.01
10-point trend, +202.0%
2016-12-31 2025-12-31
Free Cash Flow $952M
10-point trend, +137.8%
2016-12-31 2025-12-31
Margins 135.8%

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric
5Y trend
ZION
Peer Median
P/E (TTM)
5-point trend, +4.7%
9.7
12.9
P/S (TTM)
5-point trend, -21.6%
13.1
2.2
P/B
5-point trend, -6.2%
1.2
1.2
Price / FCF
5-point trend, -59.9%
9.1

Profitability Gross, operating and net margins; ROE, ROA, ROIC

Metric
5Y trend
ZION
Peer Median
Net Profit Margin
5-point trend, -30.8%
135.8%
27.6%
ROA
5-point trend, -21.7%
1.0%
1.0%
ROE
5-point trend, -11.9%
13.1%
9.7%

Financial Health Debt, liquidity, solvency — balance sheet strength

Metric
5Y trend
ZION
Peer Median
Debt / Equity
5-point trend, +257.3%
0.4
30.6

Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR

Metric
5Y trend
ZION
Peer Median
Revenue YoY
5-point trend, +15.1%
3.6%
Revenue CAGR 3Y
5-point trend, +15.1%
2.5%
Revenue CAGR 5Y
5-point trend, +15.1%
3.8%
EPS YoY
5-point trend, -11.5%
21.4%
Net Income YoY
5-point trend, -20.4%
14.7%

Per Share Metrics EPS, book value per share, cash flow per share, dividend per share

Metric
5Y trend
ZION
Peer Median
EPS (Diluted)
5-point trend, -11.5%
$6.01

Capital Efficiency Asset turnover, inventory turnover, receivables turnover

Metric
5Y trend
ZION
Peer Median
Payout Ratio
5-point trend, +28.5%
29.7%

Dividends Yield, payout ratio, dividend history, 5Y CAGR

Dividend Yield
3.1%
Payout Ratio
29.7%
5Y Div CAGR
Ex-dateAmount
May 14, 2026$0.4500
Feb. 12, 2026$0.4500
Nov. 13, 2025$0.4500
Aug. 14, 2025$0.4500
May 15, 2025$0.4300
Feb. 13, 2025$0.4300
Nov. 14, 2024$0.4300
Aug. 15, 2024$0.4100
May 15, 2024$0.4100
Feb. 14, 2024$0.4100
Nov. 8, 2023$0.4100
Aug. 16, 2023$0.4100
May 17, 2023$0.4100
Feb. 15, 2023$0.4100
Nov. 9, 2022$0.4100
Aug. 17, 2022$0.4100
May 18, 2022$0.3800
Feb. 16, 2022$0.3800
Nov. 9, 2021$0.3800
Aug. 11, 2021$0.3800

ZION Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

BUY 28 analysts
  • Strong Buy 5 17.9%
  • Buy 8 28.6%
  • Hold 14 50.0%
  • Sell 1 3.6%
  • Strong Sell 0 0.0%

12-Month Price Target

20 analysts · 2026-05-17
Median target $67.50 +10.9%
Mean target $68.75 +12.9%

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

Avg Surprise
0.11%
Period EPS Actual EPS Est Surprise
March 31, 2026 $1.56 $1.45 0.11%
Dec. 31, 2025 $1.76 $1.59 0.17%
Sept. 30, 2025 $1.48 $1.44 0.04%
June 30, 2025 $1.63 $1.34 0.29%
March 31, 2025 $1.13 $1.21 -0.08%

Peer Comparison Key metrics vs sector peers

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
ZION $8.64B 9.7 3.6% 135.8% 13.1%
FHN $11.59B 12.8 7.2% 28.7% 11.1%
WTFC $9.36B 12.3 5.9% 310.1% 11.4%
UMBF $8.74B 12.4 62.8% 26.5% 9.4%
SSB $9.33B 12.0 56.1% 29.8% 8.9%
ONB $8.69B 12.5 26.5% 8.1%
CFR 12.8 8.3% 29.0% 14.8%
COLB $8.26B 12.2 18.8% 310.7% 8.5%
WAL 9.6 99.7% 713.6% 13.5%
BOKF $7.18B 12.9 6.1% 26.6% 10.1%
CBSH $7.20B 13.0 6.5% 32.1% 16.0%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

Income Statement 9
Annual Income Statement data for ZION
Metric Trend 20252024202320222021202020192018
Revenue 8-point trend, +30.3% $662M $639M $616M $614M $575M $549M $525M $508M
Interest Expense 6-point trend, +501.2% · · $1.51B $185M $59M $152M $411M $251M
Interest Income 8-point trend, +68.6% $4.18B $4.29B $3.95B $2.71B $2.27B $2.37B $2.68B $2.48B
Income Tax 8-point trend, +6.6% $276M $228M $206M $245M $317M $133M $237M $259M
Net Income 8-point trend, +1.7% $899M $784M $680M $907M $1.13B $539M $816M $884M
EPS (Basic) 8-point trend, +37.8% $6.01 $4.95 $4.35 $5.80 $6.80 $3.06 $4.41 $4.36
EPS (Diluted) 8-point trend, +47.3% $6.01 $4.95 $4.35 $5.79 $6.79 $3.02 $4.16 $4.08
Shares (Basic) 8-point trend, -24.0% 147,115,000 147,210,000 147,748,000 150,064,000 159,913,000 163,737,000 175,984,000 193,589,000
Shares (Diluted) 8-point trend, -28.7% 147,157,000 147,215,000 147,756,000 150,271,000 160,234,000 165,613,000 186,504,000 206,501,000
Balance Sheet 17
Annual Balance Sheet data for ZION
Metric Trend 20252024202320222021202020192018
PP&E (Net) 4-point trend, +17.3% · · · · $1.32B $1.21B $1.14B $1.12B
PP&E (Gross) 2-point trend, +5.0% · · · · · · $2.10B $2.00B
Accum. Depreciation 2-point trend, +9.4% · · · · · · $953M $871M
Goodwill 8-point trend, +4.5% $1.06B $1.03B $1.03B $1.03B $1.01B $1.01B $1.01B $1.01B
Intangibles 8-point trend, +3000.0% $31M $25M $32M $38M $1M $2M $0 $1M
Total Assets 8-point trend, +29.0% $88.69B $88.78B $87.20B $89.55B $93.20B $81.48B $69.17B $68.75B
Short-term Debt 8-point trend, -45.1% $3.10B $3.83B $4.38B $10.42B $903M $1.57B $2.05B $5.65B
Total Liabilities 8-point trend, +33.3% $81.51B $82.65B $81.51B $84.65B $85.74B $73.59B $61.82B $61.17B
Long-term Debt 7-point trend, +30.7% · $946M $542M $651M $1.01B $1.34B $1.72B $724M
Total Debt 6-point trend, +97.5% $3.10B $3.83B $4.38B $10.42B $903M $1.57B · ·
Common Stock · · · · · · · $0
Paid-in Capital 6-point trend, -54.5% · · $1.73B $1.75B $1.93B $2.69B $2.73B $3.81B
Retained Earnings 8-point trend, +112.1% $7.33B $6.70B $6.21B $5.81B $5.17B $4.31B $4.01B $3.46B
AOCI 8-point trend, -876.4% $-1.94B $-2.38B $-2.69B $-3.11B $-80M $325M $43M $250M
Stockholders' Equity 8-point trend, -5.3% $7.18B $6.12B $5.69B $4.89B $7.46B $7.89B $7.35B $7.58B
Liabilities + Equity 8-point trend, +29.0% $88.69B $88.78B $87.20B $89.55B $93.20B $81.48B $69.17B $68.75B
Shares Outstanding 8-point trend, -21.3% 147,653,000 147,871,000 148,153,000 148,664,000 151,625,000 164,090,000 165,057,000 187,554,000
Cash Flow 16
Annual Cash Flow data for ZION
Metric Trend 20252024202320222021202020192018
D&A 8-point trend, -39.9% $116M $124M $140M $110M $-14M $86M $188M $193M
Stock-based Comp 8-point trend, +34.6% $35M $33M $33M $30M $28M $26M $27M $26M
Deferred Tax 8-point trend, +47000000.00 $47M $-7M $-9M $-43M $32M $-58M $-2M $0
Operating Cash Flow 8-point trend, -8.8% $1.07B $1.15B $885M $1.47B $629M $719M $697M $1.18B
CapEx 8-point trend, -6.2% $121M $97M $113M $190M $206M $171M $117M $129M
Investing Cash Flow 8-point trend, +127.3% $738M $-1.64B $2.37B $1.41B $-11.58B $-12.20B $375M $-2.71B
Debt Issued 8-point trend, +0.2% $498M $496M $0 $0 $0 $0 $992M $497M
Net Debt Issued 8-point trend, +407.4% $498M $408M $-128M $-290M $-286M $-429M $0 $-162M
Stock Issued 8-point trend, -70.0% $6M $10M $3M $9M $21M $8M $14M $20M
Stock Repurchased 8-point trend, -93.9% $41M $36M $51M $202M $800M $76M $1.10B $672M
Net Stock Activity 8-point trend, +94.7% $-35M $-26M $-48M $-193M $-779M $-68M $-1.09B $-664M
Dividends Paid 8-point trend, +13.1% $267M $289M $282M $269M $261M $259M $260M $236M
Financing Cash Flow 8-point trend, -211.5% $-1.78B $427M $-3.20B $-2.81B $11.00B $11.32B $-981M $1.60B
Net Change in Cash 8-point trend, -51.5% $32M $-65M $59M $62M $52M $-162M $91M $66M
Taxes Paid 8-point trend, -5.3% $196M $192M $255M $21M $442M $169M $233M $207M
Free Cash Flow 8-point trend, -9.1% $952M $1.05B $772M $1.28B $423M $548M $580M $1.05B
Profitability 3
Annual Profitability data for ZION
Metric Trend 20252024202320222021202020192018
Net Margin 8-point trend, +327.3% 135.8% 122.7% 109.7% 147.7% 196.3% 98.2% 28.8% 31.8%
ROA 8-point trend, -22.9% 1.0% 0.89% 0.77% 0.99% 1.3% 0.72% 1.2% 1.3%
ROE 8-point trend, +12.4% 13.1% 12.5% 12.4% 18.9% 14.8% 6.9% 11.0% 11.6%
Liquidity & Solvency 1
Annual Liquidity & Solvency data for ZION
Metric Trend 20252024202320222021202020192018
Debt / Equity 6-point trend, +116.9% 0.4 0.6 0.8 2.1 0.1 0.2 · ·
Efficiency 1
Annual Efficiency data for ZION
Metric Trend 20252024202320222021202020192018
Asset Turnover 8-point trend, -82.0% 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Per Share 6
Annual Per Share data for ZION
Metric Trend 20252024202320222021202020192018
Book Value / Share 8-point trend, +20.4% $48.63 $41.41 $38.41 $32.91 $49.22 $48.06 $44.55 $40.40
Revenue / Share 8-point trend, -66.6% $4.50 $4.34 $4.20 $4.09 $3.59 $3.31 $15.20 $13.47
Cash Flow / Share 8-point trend, +28.0% $7.29 $7.80 $5.99 $9.78 $3.93 $4.34 $3.74 $5.69
Dividend / Share 6-point trend, +57.7% · · $2 $2 $1 $1 $1 $1
Dividend Paid / Share 4-point trend, +11.4% $2 $2 $2 $2 · · · ·
EPS (TTM) 8-point trend, +47.3% $6.01 $4.95 $4.35 $5.79 $6.79 $3.02 $4.16 $4.08
Growth Rates 10
Annual Growth Rates data for ZION
Metric Trend 20252024202320222021202020192018
Revenue YoY 5-point trend, -24.1% 3.6% 3.7% 0.33% 6.8% 4.7% · · ·
Revenue CAGR 3Y 3-point trend, -35.0% 2.5% 3.6% 3.9% · · · · ·
Revenue CAGR 5Y 3.8% · · · · · · ·
EPS YoY 5-point trend, -82.8% 21.4% 13.8% -24.9% -14.7% 124.8% · · ·
EPS CAGR 3Y 3-point trend, -90.3% 1.2% -10.0% 12.9% · · · · ·
EPS CAGR 5Y 14.8% · · · · · · ·
Net Income YoY 5-point trend, -86.6% 14.7% 15.3% -25.0% -19.7% 109.5% · · ·
Net Income CAGR 3Y 3-point trend, -103.6% -0.29% -11.5% 8.1% · · · · ·
Net Income CAGR 5Y 10.8% · · · · · · ·
Dividend CAGR 5Y 0.61% · · · · · · ·
Valuation (TTM) 13
Annual Valuation (TTM) data for ZION
Metric Trend 20252024202320222021202020192018
Revenue TTM 8-point trend, +30.3% $662M $639M $616M $614M $575M $549M $525M $508M
Net Income TTM 8-point trend, +1.7% $899M $784M $680M $907M $1.13B $539M $816M $884M
Market Cap 8-point trend, +13.1% $8.64B $8.02B $6.50B $7.31B $9.58B $7.13B $8.57B $7.64B
P/E 8-point trend, -2.5% 9.7 11.0 10.1 8.5 9.3 14.4 12.5 10.0
P/S 8-point trend, -13.2% 13.1 12.6 10.6 11.9 16.7 13.0 16.3 15.0
P/B 8-point trend, +19.4% 1.2 1.3 1.1 1.5 1.3 0.9 1.2 1.0
P / Tangible Book 6-point trend, +36.8% 1.4 1.6 1.4 1.9 1.5 1.0 · ·
P / Cash Flow 8-point trend, +24.0% 8.1 7.0 7.3 5.0 15.2 9.9 12.3 6.5
P / FCF 8-point trend, +24.4% 9.1 7.6 8.4 5.7 22.6 13.0 14.8 7.3
Dividend Yield 8-point trend, +0.0% 3.1% 3.6% 4.3% 3.7% 2.7% 3.6% 3.0% 3.1%
Earnings Yield 8-point trend, +2.6% 10.3% 9.1% 9.9% 11.8% 10.8% 7.0% 8.0% 10.0%
Payout Ratio 8-point trend, +11.2% 29.7% 36.9% 41.5% 29.7% 23.1% 48.0% 31.9% 26.7%
Annual Payout 8-point trend, +13.1% $267M $289M $282M $269M $261M $259M $260M $236M

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

Income Statement
2025-12-312024-12-312023-12-312022-12-312021-12-31
Revenue $662M$639M$616M$614M$575M
Net Income $899M$784M$680M$907M$1.13B
Diluted EPS $6.01$4.95$4.35$5.79$6.79
Balance Sheet
2025-12-312024-12-312023-12-312022-12-312021-12-31
Debt / Equity 0.40.60.82.10.1
Cash Flow
2025-12-312024-12-312023-12-312022-12-312021-12-31
Free Cash Flow $952M$1.05B$772M$1.28B$423M

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