Zions Bancorp NA (Zions Bancorp NA) Debt-to-Equity : 0.36 (As of Dec. 2023)

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What is Zions Bancorp NA Debt-to-Equity?

Zions Bancorp NA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,525 Mil. Zions Bancorp NA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $542 Mil. Zions Bancorp NA's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $5,691 Mil. Zions Bancorp NA's debt to equity for the quarter that ended in Dec. 2023 was 0.36.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Zions Bancorp NA's Debt-to-Equity or its related term are showing as below:

ZION' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.11 Med: 0.27 Max: 1.58
Current: 0.36

During the past 13 years, the highest Debt-to-Equity Ratio of Zions Bancorp NA was 1.58. The lowest was 0.11. And the median was 0.27.

ZION's Debt-to-Equity is ranked better than
69.3% of 1394 companies
in the Banks industry
Industry Median: 0.695 vs ZION: 0.36

Zions Bancorp NA Debt-to-Equity Historical Data

The historical data trend for Zions Bancorp NA's Debt-to-Equity 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 Debt-to-Equity Chart

Zions Bancorp NA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.37

0.17

0.14

1.58

0.36

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
Debt-to-Equity	Get a 7-Day Free Trial															0.13	0.10	0.10	0.36	0.09

Competitive Comparison of Zions Bancorp NA's Debt-to-Equity

For the Banks - Regional subindustry, Zions Bancorp NA's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Zions Bancorp NA's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Zions Bancorp NA's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Zions Bancorp NA's Debt-to-Equity falls into.

Zions Bancorp NA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(1525	+	542)	/	5691
	=	0.36

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

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(1525	+	542)	/	5691
	=	0.36

Zions Bancorp NA (NAS:ZION) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Zions Bancorp NA Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Zions Bancorp NA's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Zions Bancorp NA (Zions Bancorp NA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Zions Bancorp NA (NAS:ZION) » Definitions » Debt-to-Equity

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