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Zions Bancorp NA (Zions Bancorp NA) Scaled Net Operating Assets : -0.07 (As of Mar. 2024)


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What is Zions Bancorp NA Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Zions Bancorp NA's operating assets for the quarter that ended in Mar. 2024 was $74,702 Mil. Zions Bancorp NA's operating liabilities for the quarter that ended in Mar. 2024 was $80,687 Mil. Zions Bancorp NA's Total Assets for the quarter that ended in Dec. 2023 was $87,203 Mil. Therefore, Zions Bancorp NA's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was -0.07.


Zions Bancorp NA Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Zions Bancorp NA's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(84999-79445)/89545
=0.06

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=87203 - 2204
=84999

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=81512 - 542 - 1525
=79445

Zions Bancorp NA's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Dec. 2023 )
=(74702-80687)/87203
=-0.07

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=87060 - 12358
=74702

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=81231 - 544 - 0
=80687

* 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 Scaled Net Operating Assets 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