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Zions Bancorp NAZION -1.75%65 Intrinsic Value: Projected FCF is $106.37 as of Sep. 15, 2026. GuruFocus rates ZION with a GF Score™ of 65/100 and a GF Value™ of $60.42 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,301 Banks companies, Zions Bancorp NA ranks worse than 55.57% on this metric.
Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.
As of today (2026-09-15), Zions Bancorp NA's Intrinsic Value: Projected FCF is $106.37. The stock price of Zions Bancorp NA is $68.01. Therefore, Zions Bancorp NA's Price-to-Intrinsic-Value-Projected-FCF of today is 0.6.
The historical rank and industry rank for Zions Bancorp NA's Intrinsic Value: Projected FCF or its related term are showing as below:
ZION'
s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.29 Med: 0.62 Max: 1
Current: 0.64
During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Zions Bancorp NA was 1.00. The lowest was 0.29. And the median was 0.62.
ZION's Price-to-Projected-FCF is ranked worse than 55.57% of 1301
companies
in the Banks industry
Industry Median: 0.6
vs ZION: 0.64
Zions Bancorp NA (NAS:ZION) Intrinsic Value: Projected FCF Explanation
The growth multiple is capped between 8.35 and 17.74.
Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.
Zions Bancorp NA's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as
Price-to-Intrinsic-Value-Projected-FCF
=
Share Price
/
Intrinsic Value: Projected FCF
=
68.01
/
112.29236833271
=
0.61
* 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 Intrinsic Value: Projected FCF Related Terms
Zions Bancorp NA Intrinsic Value: Projected FCF Historical Data
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The historical data trend for Zions Bancorp NA's Intrinsic Value: Projected FCF 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.
Zions Bancorp NA Intrinsic Value: Projected FCF Chart
ZION vs ONB, CFR, SSB: Intrinsic Value: Projected FCF Comparison
For the Banks - Regional subindustry, Zions Bancorp NA's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF 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 Price-to-Projected-FCF vs Banks Industry
For the Banks industry and Financial Services sector, Zions Bancorp NA's Price-to-Projected-FCF distribution charts can be found below:
* The bar in red indicates where Zions Bancorp NA's Price-to-Projected-FCF falls into.
Zions Bancorp NA Intrinsic Value: Projected FCF Calculation
Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.
The details of how we calculate the intrinsic value of stocks are described in detail here.
This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.
* 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.
What does a Intrinsic Value: Projected FCF of $106.37 mean?
Zions Bancorp NA (ZION) has a Intrinsic Value: Projected FCF of $106.37 as of Sep. 15, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Zions Bancorp NA and its competitors. According to the industry distribution chart, Zions Bancorp NA ranks #723 out of 1301 companies in the Banks industry, placing it in the top 55.6%.
Is Zions Bancorp NA's Intrinsic Value: Projected FCF too high?
Zions Bancorp NA's current Intrinsic Value: Projected FCF is $106.37. The Banks industry median Intrinsic Value: Projected FCF is 0.60. Zions Bancorp NA's value of $106.37 is 17628.3% above this industry median. Based on the distribution chart, Zions Bancorp NA ranks #723 out of 1301 companies in the Banks industry, which is below the industry midpoint. Overall, Zions Bancorp NA has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zions Bancorp NA's Intrinsic Value: Projected FCF compare to ONB and CFR?
According to the Banks industry distribution chart, Zions Bancorp NA ranks #723 out of 1301 companies for Intrinsic Value: Projected FCF. This places Zions Bancorp NA in the lower half of its industry. The industry median Intrinsic Value: Projected FCF is 0.60. Zions Bancorp NA's value of $106.37 is 17628.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: Projected FCF for a Banks company?
The median Intrinsic Value: Projected FCF among Banks companies is 0.60, based on 1,301 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Zions Bancorp NA's current Intrinsic Value: Projected FCF of $106.37 is 17628.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Zions Bancorp NA and its competitors. For the Banks industry, the median Intrinsic Value: Projected FCF is 0.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zions Bancorp NA's current Intrinsic Value: Projected FCF is $106.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zions Bancorp NA stock overvalued right now?
Based on GuruFocus' analysis, Zions Bancorp NA (ZION) is currently considered Modestly Overvalued. The stock's GF Value™ is $60.42, compared to a current price of $68.01 — trading 12.6% above its estimated fair value. The current Intrinsic Value: Projected FCF is $106.37 and 17628.3% above the Banks industry median of 0.60. Zions Bancorp NA's overall GF Score™ is 65/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For Zions Bancorp NA (ZION), the current Intrinsic Value: Projected FCF is $106.37 as of Sep. 15, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Zions Bancorp NA (ZION) Overvalued in 2026?
Based on GuruFocus' analysis, Zions Bancorp NA stock appears to be overvalued.
The current stock price of $68.01 is trading 12.6% above its estimated GF Value™ of $60.42.
GuruFocus considers Zions Bancorp NA to be Modestly Overvalued.
Key valuation signals for ZION:
Intrinsic Value: Projected FCF: $106.37
GF Value™: $60.42 vs. price of $68.01 (12.6% above fair value)
Industry Position: 17628.3% above the Banks median (#723 of 1301)
No single metric tells the full story. See the ZION stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zions Bancorp is a US regional bank with around $90 billion in total assets as of March 31, 2026. Headquartered in Salt Lake City, Utah, Zions' branch network is in the Western and Southwestern United States and includes seven affiliate banks in these markets. The bank has a heavy focus on small and midsize commercial banking.
65GF Score
Get the complete analysis for ZION
Intrinsic Value: Projected FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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