Zions Bancorporation N.A (ZION)

Company Profile

Zions Bancorporation, N.A. is one of the nation's premier financial services companies with annual net revenue of $2.8 billion in 2020 and more than $80 billion of total assets. Zions operates under local management teams and distinct brands in 11 western states: Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington and Wyoming. The Bank is a consistent recipient of national and state-wide customer survey awards in small and middle-market banking, as well as a leader in public finance advisory services and Small Business Administration lending, recently ranking as the 9th largest provider in the U.S. of the SBA's Paycheck Protection Program loans. In addition, Zions is included in the S&P 500 and NASDAQ Financial 100 indices.

Company profile

Ticker

ZION, ZIONO, ZIONL, ZIONP

Exchange

NASDAQ

Website

www.zionsbancorporation.com

CEO

Harris Simmons

Incorporated

Utah

Location

Utah

Fiscal year end

Dec 31

Sector

Finance and Insurance > Commercial Banking

Industry (SIC)

National Commercial Banks

JPMorgan Chase & Co. • Citigroup • U.S. Bancorp. • PNC Financial Services • Shinhan Financial • HSBC USA • Bank Of America • Regions Financial • Keycorp • Santander Holdings USA ...

Former names

ZIONS BANCORPORATION /UT/

SEC CIK

0000109380

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Terra Amica, LLC • Zions Capital Partners, Inc. • Zions Center of Excellence, LLC • Zions Opportunity Fund, Inc. • PPS Data, LLC • Amegy Holding Texas, Inc. • Exchange Services L.L.C. • Zions Capital Advisors, Inc. • Zions Credit Corp. • Zions Direct, Inc. ...

IRS number

870227400

ZION stock data

1M 1Y 5Y

Analyst ratings and price targets

Last 3 months

Average target

$55.75

Low target

$46.00

High target

$59.00

Latest filings (excl ownership)

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23 Feb 23

Results of Operations and Financial Condition

3 Nov 22

Results of Operations and Financial Condition

4 Aug 22

Results of Operations and Financial Condition

6 May 22

Submission of Matters to a Vote of Security Holders

3 May 22

8-K

Results of Operations and Financial Condition

25 Apr 22

8-K

Regulation FD Disclosure

1 Apr 22

Transcripts

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ZION

Earnings call transcript

2022 Q4

23 Jan 23

ZION

Earnings call transcript

2022 Q3

25 Oct 22

ZION

Earnings call transcript

2022 Q2

27 Jul 22

ZION

Earnings call transcript

2022 Q1

26 Apr 22

ZION

Earnings call transcript

2021 Q4

25 Jan 22

ZION

Earnings call transcript

2021 Q3

19 Oct 21

ZION

Earnings call transcript

2021 Q2

20 Jul 21

ZION

Earnings call transcript

2021 Q1

20 Apr 21

ZION

Earnings call transcript

2020 Q4

20 Jan 21

ZION

Earnings call transcript

2020 Q3

19 Oct 20

Latest ownership filings

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Financial summary

Financial statements Chart ZION financial data

Quarter (USD)	Dec 22	Sep 22	Jun 22	Mar 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 22	Dec 21	Dec 20	Dec 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	657.00 mm	657.00 mm	657.00 mm	657.00 mm	657.00 mm	657.00 mm
Cash burn (monthly)	(no burn)	(no burn)	155.33 mm	156.67 mm	(no burn)	(no burn)
Cash used (since last report)	n/a	n/a	427.77 mm	431.44 mm	n/a	n/a
Cash remaining	n/a	n/a	229.23 mm	225.56 mm	n/a	n/a
Runway (months of cash)	n/a	n/a	1.5	1.4	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q4 2022

ZION institutional ownership history Ownership history

84.3% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	484	481	+0.6%
Opened positions	66	57	+15.8%
Closed positions	63	57	+10.5%
Increased positions	164	177	-7.3%
Reduced positions	182	168	+8.3%

13F shares	Current	Prev Q	Change
Total value	6.10 tn	9.87 bn	+61681.5%
Total shares	125.31 mm	115.00 mm	+9.0%
Total puts	272.33 k	403.80 k	-32.6%
Total calls	572.50 k	566.30 k	+1.1%
Total put/call ratio	0.5	0.7	-33.3%

Largest owners	Shares	Value	Change
Vanguard	21.08 mm	$1.04 tn	+5.7%
BLK Blackrock	9.88 mm	$485.69 bn	+1.5%
Victory Capital Management	7.69 mm	$377.85 bn	-0.2%
STT State Street	7.19 mm	$353.61 bn	NEW
LSV Asset Management	4.72 mm	$232.45 bn	+16.2%
Dimensional Fund Advisors	3.96 mm	$195.20 bn	-0.2%
Massachusetts Financial Services	3.87 mm	$190.14 bn	-12.4%
Charles Schwab Investment Management	3.61 mm	$177.28 bn	+9.8%
Geode Capital Management	3.19 mm	$157.22 bn	+2.9%
JPM JPMorgan Chase & Co.	2.99 mm	$147.40 bn	-2.2%

Largest transactions	Shares	Bought/sold	Change
STT State Street	7.19 mm	+7.19 mm	NEW
Norges Bank	1.87 mm	+1.87 mm	NEW
IVZ Invesco	2.68 mm	-1.82 mm	-40.5%
Loomis Sayles & Co L P	1.44 mm	+1.44 mm	NEW
Wellington Management	217.11 k	-1.32 mm	-85.9%
Vanguard	21.08 mm	+1.14 mm	+5.7%
LSV Asset Management	4.72 mm	+656.76 k	+16.2%
King Luther Capital Management	849.21 k	-639.41 k	-43.0%
GS Goldman Sachs	1.13 mm	+624.52 k	+123.3%
Marshall Wace	1.40 mm	+599.61 k	+74.7%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

ZION insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
6 Mar 23	Mark Richard Young	Common Stock	Grant	Acquire A	No	No	48.76	779	37.98 k	12,869
6 Mar 23	Steven Dan Stephens	Common Stock	Grant	Acquire A	No	No	48.76	1,025	49.98 k	44,155
3 Mar 23	Simmons Harris H	Common Stock	Gift	Dispose G	No	No	0	21,420	0.00	1,254,990
2 Mar 23	Olga Hoff	Common Stock	Payment of exercise	Dispose F	No	No	48.31	39	1.88 k	10,733
1 Mar 23	James R Abbott	Common Stock	Payment of exercise	Dispose F	No	No	50.44	103	5.20 k	87,082