Zions Historical Financial Ratios
| ZION Stock | USD 60.58 1.44 2.43% |
Zions Bancorporation is currently reporting on over 109 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Price To Sales Ratio of 2.32, Dividend Yield of 0.022, PTB Ratio of 1.69 or Days Sales Outstanding of 70.63 will help investors to properly organize and evaluate Zions Bancorporation financial condition quickly.
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About Zions Financial Ratios Analysis
Zions BancorporationFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Zions Bancorporation investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Zions financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Zions Bancorporation history.
Zions Bancorporation Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Zions Bancorporation stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Zions Bancorporation sales, a figure that is much harder to manipulate than other Zions Bancorporation multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Dividend Yield
Dividend Yield is Zions Bancorporation dividend as a percentage of Zions Bancorporation stock price. Zions Bancorporation dividend yield is a measure of Zions Bancorporation stock productivity, which can be interpreted as interest rate earned on an Zions Bancorporation investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Most ratios from Zions Bancorporation's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Zions Bancorporation current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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.At this time, Zions Bancorporation's EV To Sales is very stable compared to the past year. As of the 23rd of November 2024, ROIC is likely to grow to 0.18, while Price To Sales Ratio is likely to drop 2.32.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0258 | 0.0365 | 0.0435 | 0.022 | Price To Sales Ratio | 3.47 | 2.21 | 2.4 | 2.32 |
Zions Bancorporation fundamentals Correlations
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Zions Bancorporation Account Relationship Matchups
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Zions Bancorporation fundamentals Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Price To Sales Ratio | 3.22 | 2.55 | 3.47 | 2.21 | 2.4 | 2.32 | |
| Dividend Yield | 0.0285 | 0.0364 | 0.0258 | 0.0365 | 0.0435 | 0.022 | |
| Ptb Ratio | 1.11 | 1.24 | 0.9 | 1.35 | 1.51 | 1.69 | |
| Book Value Per Share | 41.78 | 489.44 | 576.49 | 32.61 | 38.52 | 40.01 | |
| Free Cash Flow Yield | 0.12 | 0.0635 | 0.077 | 0.0419 | 0.17 | 0.15 | |
| Operating Cash Flow Per Share | 3.96 | 4.39 | 3.93 | 9.8 | 6.11 | 3.42 | |
| Stock Based Compensation To Revenue | 0.009527 | 0.009322 | 0.009619 | 0.00899 | 0.0122 | 0.0124 | |
| Capex To Depreciation | 0.62 | 1.99 | (14.71) | 1.73 | 0.81 | 0.48 | |
| Pb Ratio | 1.11 | 1.24 | 0.9 | 1.35 | 1.51 | 1.69 | |
| Ev To Sales | 2.84 | 3.32 | 2.45 | 0.0804 | 3.94 | 2.55 | |
| Free Cash Flow Per Share | 3.3 | 3.35 | 2.65 | 8.53 | 5.35 | 2.88 | |
| Roic | 0.0834 | 0.13 | 0.0899 | 0.0585 | 0.0833 | 0.18 | |
| Net Income Per Share | 4.64 | 3.29 | 7.06 | 6.04 | 4.35 | 4.56 | |
| Capex To Revenue | 0.0413 | 0.0613 | 0.0708 | 0.0569 | 0.0418 | 0.0438 | |
| Cash Per Share | 86.22 | 105.95 | 218.41 | 92.71 | 4.48 | 4.26 | |
| Pocfratio | 13.11 | 9.89 | 16.06 | 5.02 | 7.18 | 6.82 | |
| Interest Coverage | 2.56 | 4.39 | 24.51 | 7.23 | 0.7 | 0.66 | |
| Payout Ratio | 0.22 | 0.27 | 0.32 | 0.3 | 0.44 | 0.28 | |
| Pfcf Ratio | 15.75 | 12.98 | 23.88 | 5.76 | 8.2 | 8.61 | |
| Roe | 0.0771 | 0.12 | 0.11 | 0.0683 | 0.19 | 0.1 | |
| Ev To Operating Cash Flow | 13.5 | 9.5 | 0.37 | 8.93 | 7.64 | 7.25 | |
| Pe Ratio | 11.2 | 13.2 | 8.95 | 8.13 | 10.1 | 9.18 | |
| Return On Tangible Assets | 0.012 | 0.006699 | 0.0122 | 0.0103 | 0.007453 | 0.00821 | |
| Ev To Free Cash Flow | 16.23 | 12.47 | 0.55 | 10.26 | 8.73 | 9.17 | |
| Intangibles To Total Assets | 0.0147 | 0.0125 | 0.0109 | 0.0119 | 0.0121 | 0.0115 | |
| Net Debt To E B I T D A | 0.22 | (0.37) | (6.89) | 4.56 | 0.4 | 0.42 | |
| Current Ratio | 15.51 | 9.36 | 43.96 | 4.88 | 0.3 | 0.28 | |
| Tangible Book Value Per Share | 36.02 | 483.24 | 570.14 | 25.51 | 31.35 | 35.55 | |
| Graham Number | 66.02 | 59.73 | 86.1 | 66.59 | 60.57 | 63.6 | |
| Shareholders Equity Per Share | 41.78 | 48.16 | 46.67 | 32.61 | 37.53 | 20.5 | |
| Debt To Equity | 0.23 | 0.17 | 0.14 | 1.58 | 0.37 | 0.61 | |
| Capex Per Share | 0.66 | 1.04 | 1.29 | 1.27 | 0.76 | 0.54 | |
| Graham Net Net | (271.09) | 73.65 | 169.5 | (469.47) | (547.22) | (519.85) | |
| Revenue Per Share | 16.1 | 17.03 | 18.2 | 22.24 | 18.31 | 9.73 |
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
| 0.93 | AX | Axos Financial | PairCorr |
| 0.92 | BY | Byline Bancorp Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.95 | PB | Prosperity Bancshares Fiscal Year End 22nd of January 2025 | PairCorr |
Moving against Zions Stock
| 0.64 | TFC-PO | Truist Financial | PairCorr |
| 0.6 | TFC-PR | Truist Financial | PairCorr |
| 0.6 | CFG-PE | Citizens Financial | PairCorr |
| 0.42 | WF | Woori Financial Group | PairCorr |
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.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.You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
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.