Harris Simmons - Zions Bancorporation Chairman

ZION Stock  USD 61.11  0.62  1.00%   

Chairman

Mr. Harris Henry Simmons is Chairman of the Board, Chief Executive Officer of the Company. Mr. Simmons is Chairman and Chief Executive Officer, or CEO, of Zions Bancorporation and ZB, N.A., our national bank subsidiary. He is a director of Dominion Energy Midstream Partners where he serves on the audit committee, and was previously a director of Questar Corporation since 2014.
Age 70
Tenure 10 years
Address One South Main Street, Salt Lake City, UT, United States, 84133-1109
Phone801 844 8208
Webhttps://www.zionsbancorporation.com
Simmons’ over 40 years of experience in banking and leadership of the Company is invaluable to the Board. During his tenure as our President and then Chairman and CEO, the Company has grown from $3 billion in assets to our present $66 billion in assets. He is past chairman of the American Bankers Association and a member of the Financial Services Roundtable.

Zions Bancorporation Management Efficiency

At this time, Zions Bancorporation's Return On Tangible Assets are very stable compared to the past year. As of the 27th of November 2024, Return On Assets is likely to grow to 0.01, while Return On Capital Employed is likely to drop 0.01. At this time, Zions Bancorporation's Return On Assets are very stable compared to the past year. As of the 27th of November 2024, Asset Turnover is likely to grow to 0.05, though Non Currrent Assets Other are likely to grow to (4.4 B). Zions Bancorporation's management efficiency ratios could be used to measure how well Zions Bancorporation manages its routine affairs as well as how well it operates its assets and liabilities.
Zions Bancorporation currently holds 2.07 B in liabilities with Debt to Equity (D/E) ratio of 0.11, which may suggest the company is not taking enough advantage from borrowing. Note, when we think about Zions Bancorporation's use of debt, we should always consider it together with its cash and equity.

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Zions Bancorporation, National Association provides various banking and related services primarily in the states of Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming. Zions Bancorporation, National Association was founded in 1873 and is headquartered in Salt Lake City, Utah. Zions Bancorp operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 9920 people. Zions Bancorporation (ZION) is traded on NASDAQ Exchange in USA. It is located in One South Main Street, Salt Lake City, UT, United States, 84133-1109 and employs 9,503 people. Zions Bancorporation is listed under Regional Banks category by Fama And French industry classification.

Management Performance

Zions Bancorporation Leadership Team

Elected by the shareholders, the Zions Bancorporation's board of directors comprises two types of representatives: Zions Bancorporation inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Zions. The board's role is to monitor Zions Bancorporation's management team and ensure that shareholders' interests are well served. Zions Bancorporation's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Zions Bancorporation's outside directors are responsible for providing unbiased perspectives on the board's policies.
Harris Simmons, Chairman, CEO, Member of Executive Committee and Chairman of Zions First National Bank
Jennifer Smith, Executive Officer
Steven Stephens, Executive President
Keith Maio, Executive Vice President; President CEO of the National Bank of Arizona
Rena JD, General VP
Thomas Laursen, Executive Vice President General Counsel, Secretary
Margaret Mayer, Chief Officer
Scott McLean, COO President
Ryan Richards, Executive CFO
Aldon Anderson, Executive VP, CEO of Zions First National Bank and President of Zions First National Bank
Paul Burdiss, Executive President
Alvin Lee, Senior Development
James Abbott, Senior Vice President - Investor Relations
Bruce Alexander, Executive Vice President; Chairman and Presidentident and CEO of Vectra Bank Colorado
Randy Stewart, Executive Vice President Enterprise Mortgage Lending
Scott Law, Executive Officer
Eric Ellingsen, Executive President

Zions Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Zions Bancorporation a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Zions Bancorporation

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Zions Bancorporation position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Zions Bancorporation will appreciate offsetting losses from the drop in the long position's value.

Moving together with Zions Stock

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  0.93BY Byline Bancorp Fiscal Year End 23rd of January 2025 PairCorr
  0.61KB KB Financial GroupPairCorr

Moving against Zions Stock

  0.69TFC-PO Truist FinancialPairCorr
  0.68CFG-PE Citizens FinancialPairCorr
  0.65TFC-PR Truist FinancialPairCorr
  0.39WF Woori Financial GroupPairCorr
The ability to find closely correlated positions to Zions Bancorporation could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Zions Bancorporation when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Zions Bancorporation - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Zions Bancorporation to buy it.
The correlation of Zions Bancorporation is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Zions Bancorporation moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Zions Bancorporation moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Zions Bancorporation can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Zions Bancorporation offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Zions Bancorporation's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Zions Bancorporation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Zions Bancorporation Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zions Bancorporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
To learn how to invest in Zions Stock, please use our How to Invest in Zions Bancorporation guide.
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Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Zions Bancorporation. If investors know Zions will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Zions Bancorporation listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.212
Dividend Share
1.64
Earnings Share
4.39
Revenue Per Share
20.433
Quarterly Revenue Growth
0.076
The market value of Zions Bancorporation is measured differently than its book value, which is the value of Zions that is recorded on the company's balance sheet. Investors also form their own opinion of Zions Bancorporation's value that differs from its market value or its book value, called intrinsic value, which is Zions Bancorporation's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Zions Bancorporation's market value can be influenced by many factors that don't directly affect Zions Bancorporation's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Zions Bancorporation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zions Bancorporation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zions Bancorporation's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.