Zions Bancorporation, National Association provides various banking and related services primarily in Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming.
Flawless balance sheet average dividend payer.
Share Price & News
How has Zions Bancorporation National Association's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 0M3L's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 0M3L matched the UK Banks industry which returned -11.3% over the past year.
Return vs Market: 0M3L underperformed the UK Market which returned 1.4% over the past year.
Price Volatility Vs. Market
How volatile is Zions Bancorporation National Association's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Zions Bancorporation National Association undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 0M3L ($45.3) is trading below our estimate of fair value ($100.71)
Significantly Below Fair Value: 0M3L is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 0M3L is poor value based on its PE Ratio (9.5x) compared to the Banks industry average (8.9x).
PE vs Market: 0M3L is good value based on its PE Ratio (9.5x) compared to the UK market (17.7x).
Price to Earnings Growth Ratio
PEG Ratio: 0M3L is poor value based on its PEG Ratio (28.8x)
Price to Book Ratio
PB vs Industry: 0M3L is overvalued based on its PB Ratio (1x) compared to the GB Banks industry average (0.8x).
How is Zions Bancorporation National Association forecast to perform in the next 1 to 3 years based on estimates from 18 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 0M3L's forecast earnings growth (0.3% per year) is below the savings rate (0.5%).
Earnings vs Market: 0M3L's earnings (0.3% per year) are forecast to grow slower than the UK market (13% per year).
High Growth Earnings: 0M3L's earnings are forecast to grow, but not significantly.
Revenue vs Market: 0M3L's revenue (1.9% per year) is forecast to grow slower than the UK market (3.8% per year).
High Growth Revenue: 0M3L's revenue (1.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 0M3L's Return on Equity is forecast to be low in 3 years time (11%).
How has Zions Bancorporation National Association performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 0M3L has high quality earnings.
Growing Profit Margin: 0M3L's current net profit margins (28%) are lower than last year (30%).
Past Earnings Growth Analysis
Earnings Trend: 0M3L's earnings have grown significantly by 26.7% per year over the past 5 years.
Accelerating Growth: 0M3L's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 0M3L had negative earnings growth (-7.5%) over the past year, making it difficult to compare to the Banks industry average (26.6%).
Return on Equity
High ROE: 0M3L's Return on Equity (11.1%) is considered low.
Return on Assets
Return on Capital Employed
How is Zions Bancorporation National Association's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: 0M3L has a low level of unsold assets or inventory.
Debt Coverage by Assets: 0M3L's debt is not covered by short term assets (assets are 0.6x debt).
Financial Institutions Analysis
Asset Level: 0M3L's level of assets compared to its equity is low.
Allowance for Bad Loans: 0M3L has a sufficient allowance for bad loans.
Low Risk Liabilities: 0M3L's liabilities are made up of primarily low risk sources of funding.
Loan Level: 0M3L has an acceptable proportion of non-loan assets held.
Low Risk Deposits: 0M3L's loans are broadly funded by customer deposits.
Level of Bad Loans: 0M3L has an appropriate level of bad loans (0.5%)
What is Zions Bancorporation National Association's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: 0M3L's dividend (3.21%) is higher than the bottom 25% of dividend payers in the UK market (1.9%).
High Dividend: 0M3L's dividend (3.21%) is low compared to the top 25% of dividend payers in the UK market (5.34%).
Stability and Growth of Payments
Stable Dividend: 0M3L's dividend payments have been volatile in the past 10 years.
Growing Dividend: 0M3L's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (28.8%), 0M3L's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 0M3L's dividends in 3 years are forecast to be well covered by earnings (36.6% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Harris Simmons (65yo)
Mr. Harris Henry Simmons has been the Chief Executive Officer of Zions Bancorporation since 1990 and served as its President. Mr. Simmons served as the Principal Executive Officer of Zions Financial Corp. ...
CEO Compensation Analysis
Compensation vs Market: Harris's total compensation ($USD4.36M) is above average for companies of similar size in the UK market ($USD3.32M).
Compensation vs Earnings: Harris's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|Chairman & CEO||30.1yrs||US$4.36m||0.75% $54.2m|
|Executive VP & CFO||4.8yrs||US$2.02m||0.037% $2.6m|
|Executive Vice President||19.1yrs||US$1.72m||0.013% $963.5k|
|Executive VP & Chief Risk Officer||6.8yrs||US$1.71m||0.028% $2.0m|
|Executive VP & Chief Information Officer||4.3yrs||no data||0.011% $783.7k|
|Senior VP of Investor Relations & External Communications||11.1yrs||no data||0.029% $2.1m|
|Executive VP||16.1yrs||no data||0.011% $806.8k|
|Senior VP & Director of Corporate Development||13.1yrs||no data||no data|
|Executive Vice President||20.1yrs||US$1.57m||0.021% $1.5m|
Experienced Management: 0M3L's management team is seasoned and experienced (12.1 years average tenure).
|Chairman & CEO||30.1yrs||US$4.36m||0.75% $54.2m|
|Independent Director||3.5yrs||US$188.88k||0.0039% $281.0k|
|Independent Director||27.1yrs||US$185.88k||0.044% $3.2m|
|Independent Director||14.2yrs||US$204.63k||0.019% $1.3m|
|Lead Director||3.1yrs||US$206.38k||0.11% $7.7m|
|Independent Director||2.8yrs||US$166.13k||0.0038% $272.3k|
|Independent Director||5.6yrs||US$202.38k||0.011% $774.3k|
|Independent Director||4.9yrs||US$170.76k||0.0061% $442.8k|
|Independent Director||4.9yrs||US$170.26k||0.0072% $519.3k|
Experienced Board: 0M3L's board of directors are considered experienced (4.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 0M3L insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Zions Bancorporation, National Association's company bio, employee growth, exchange listings and data sources
- Name: Zions Bancorporation, National Association
- Ticker: 0M3L
- Exchange: LSE
- Founded: 1873
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$7.223b
- Shares outstanding: 165.06m
- Website: https://www.zionsbancorporation.com
Number of Employees
- Zions Bancorporation, National Association
- One South Main Street
- Salt Lake City
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ZION||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Jan 1969|
|ZB1||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Jan 1969|
|0M3L||LSE (London Stock Exchange)||Yes||Common Stock||GB||USD||Jan 1969|
|ZION.P||NasdaqGM (Nasdaq Global Market)||DEP RP PFD A||US||USD||Dec 2006|
|ZION.O||NasdaqGM (Nasdaq Global Market)||DEP RP PFD G||US||USD||Feb 2013|
|ZION.N||NasdaqGM (Nasdaq Global Market)||DEP RP PFD H||US||USD||May 2013|
|Z1IO34||BOVESPA (Bolsa de Valores de Sao Paulo)||BDR EACH REPR 1 COM||BR||BRL||Dec 2019|
Zions Bancorporation, National Association provides various banking and related services primarily in Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming. The company offers community banking services, such as small and medium-sized business and corporate banking; commercial and residential development, construction, and term lending; retail banking; treasury cash management and related products and services; residential mortgage servicing and lending services; trust and wealth management services; capital markets services, including municipal finance advisory and underwriting; and investment services. It also offers personal banking services to individuals, including home mortgages, bankcards, other installment loans, home equity lines of credit, checking accounts, savings accounts, certificates of deposit of various types and maturities, trust services, safe deposit facilities, and Internet and mobile banking services. In addition, the company provides self-directed brokerage services; small business administration lending and secondary market agricultural real estate mortgage loans; corporate trust services for municipalities; and bond transfer, stock transfer, and escrow services. As of December 31, 2018, it operated 433 branches. 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.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/25 23:09|
|End of Day Share Price||2020/02/24 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.