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Zions Bancorp NA (Zions Bancorp NA) Goodwill : $1,027 Mil (As of Dec. 2023)


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What is Zions Bancorp NA Goodwill?

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Zions Bancorp NA's goodwill for the quarter that ended in Dec. 2023 was $1,027 Mil.


Zions Bancorp NA Goodwill Historical Data

The historical data trend for Zions Bancorp NA's Goodwill can be seen below:

* 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.

* Premium members only.

Zions Bancorp NA Goodwill Chart

Zions Bancorp NA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Goodwill
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,014.00 1,014.00 1,014.00 1,027.00 1,027.00

Zions Bancorp NA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Goodwill Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 1,027.00 -

Zions Bancorp NA Goodwill Calculation

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Goodwill is considered an intangible asset because it is not a physical asset like buildings or equipment. The goodwill account can be found in the assets portion of a company's balance sheet.


Zions Bancorp NA  (NAS:ZION) Goodwill Explanation

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets.

It is calculated by dividing goodwill by total assets.

Zions Bancorp NA's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Goodwill-to-Asset (A: Dec. 2023 )=Goodwill/Total Assets
=1027/87203
=0.01

Zions Bancorp NA's Goodwill-to-Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Goodwill-to-Asset (Q: Dec. 2023 )=Goodwill/Total Assets
=1027/87203
=0.01

* 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.

If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.

Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.

Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.


Zions Bancorp NA Goodwill Related Terms

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Zions Bancorp NA (Zions Bancorp NA) Business Description

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