Zions Bancorp NA (Zions Bancorp NA) Financial Strength

: 4 (As of Dec. 2023)

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Zions Bancorp NA has the Financial Strength Rank of 4.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.

GuruFocus does not calculate Zions Bancorp NA's interest coverage with the available data. Zions Bancorp NA's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.71. Altman Z-Score does not apply to banks and insurance companies.

Zions Bancorp NA Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

Zions Bancorp NA's Interest Expense for the months ended in Dec. 2023 was $-457 Mil. Its Operating Income for the months ended in Dec. 2023 was $0 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $542 Mil.

Zions Bancorp NA's Interest Coverage for the quarter that ended in Dec. 2023 is

The higher the ratio, the stronger the company's financial strength is.

2. Debt to revenue ratio. The lower, the better.

Zions Bancorp NA's Debt to Revenue Ratio for the quarter that ended in Dec. 2023 is

Debt to Revenue Ratio	=	Total Debt (Q: Dec. 2023 )			/	Revenue
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Revenue
	=	(1525	+	542)	/	2924
	=	0.71

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

Altman Z-Score does not apply to banks and insurance companies.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Zions Bancorp NA (NAS:ZION) Financial Strength Explanation

The maximum rank is 10. Companies with rank 7 or higher will be unlikely to fall into distressed situations. Companies with rank of 3 or less are likely in financial distress.

Zions Bancorp NA has the Financial Strength Rank of 4.

Zions Bancorp NA Financial Strength Related Terms

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Zions Bancorp NA (Zions Bancorp NA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Zions Bancorp NA (NAS:ZION) » Definitions » Financial Strength

Comparable Companies

Traded in Other Exchanges

ZIONO.PFD:USA ZIONP.PFD:USA ZB1:Germany Z1IO34:Brazil

Address

One South Main Street, Salt Lake City, UT, USA, 84133-1109

Website

https://www.zionsbancorporation.com

Zions Bancorporation is a regional U.S. bank with core operations that span 11 states. The bank is headquartered in Salt Lake City and does business primarily in the Western and Southwestern United States. Zions primarily focuses on providing banking services to small and midsize businesses, with the majority of its loans focused on commercial and commercial real estate lending.

Executives

Keith D Maio	officer: President of subsidiary bank	ONE SOUTH MAIN, SUITE 1134, SALT LAKE CITY UT 84111
Steven Dan Stephens	officer: Executive Vice President	ONE SOUTH MAIN STREET, 15TH FLOOR, SALT LAKE CITY UT 84133-1109
Scott J Mclean	officer: Executive Vice President	4400 POST OAK PARKWAY, 4TH FL, HOUSTON TX 77027
A Scott Anderson	officer: Executive Vice President	ONE SOUTH MAIN, SUITE 1134, SALT LAKE CITY UT 84111
Randy R Stewart	officer: Exec VP	1 S MAIN STREET, 11TH FLOOR, SALT LAKE CITY UT 84133
Bruce K Alexander	officer: Exec VP and, Pres. of Subsidiary	ONE SOUTH MAIN, SUITE 1134, SALT LAKE CITY UT 84111
Alan M Forney	officer: Exec VP & Pres. Of Subsidiary	ONE S MAIN STREET, 11TH FL, SALT LAKE CITY UT 84133
Mark Richard Young	officer: Exec VP, other: Pres. of Subidiary	ONE SOUTH MAIN STREET, 15TH FLOOR, SALT LAKE CITY UT 84133-1109
Thomas E Laursen	officer: Sr. Vice President &, General Counsel	ONE SOUTH MAIN, SUITE 1134, SALT LAKE CITY UT 84111
Derek Steward	officer: Executive Vice President	1 S MAIN ST, 11TH FL, SALT LAKE CITY UT 84133-1109
Shannon R. Drage	officer: Senior Vice President	1 S MAIN STREET, 11TH FL, SALT LAKE CITY UT 84133-1109
Rebecca K Robinson	officer: Executive Vice President	ONE SOUTH MAIN STREET, 15TH FLOOR, SALT LAKE CITY X1 84133
Claire A Huang	director	1 S MAIN STREET, 11TH FL, SALT LAKE CITY UT 84133
Harris H Simmons	director, officer: Chairman, President, & CEO	ZIONS BANCORPORATION, ONE MAIN STREET, SUITE 1134, SALT LAKE CITY UT 84111
Paul E. Burdiss	officer: Executive Vice President, other: & Chief Financial Officer	ONE SOUTH MAIN STREET, 15TH FLOOR, SALT LAKE CITY UT 84133