Zions Bancorp NAZION -0.28%66 Net Margin % is 27.44% as of Mar. 2026, which is 6% above its 10-year median of 25.81. GuruFocus rates ZION with a GF Score™ of 66/100 and a GF Value™ of $53.85 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,527 Banks companies, Zions Bancorp NA ranks better than 54.29% on this metric.
The historical rank and industry rank for Zions Bancorp NA's Net Margin % or its related term are showing as below:
ZION'
s Net Margin % Range Over the Past 10 Years
Min: 19.32 Med: 25.81 Max: 38.78
Current: 27.97
ZION's Net Margin % is ranked better than 54.29% of 1527
companies
in the Banks industry
Industry Median: 26.95
vs ZION: 27.97
Zions Bancorp NA (NAS:ZION) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Zions Bancorp NA Net Margin % Related Terms
Zions Bancorp NA Net Margin % Historical Data
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The historical data trend for Zions Bancorp NA's Net Margin % 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.
For the Banks - Regional subindustry, Zions Bancorp NA's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % vs Banks Industry
For the Banks industry and Financial Services sector, Zions Bancorp NA's Net Margin % distribution charts can be found below:
* The bar in red indicates where Zions Bancorp NA's Net Margin % falls into.
* 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 (ZION) has a Net Margin % of 27.44% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Zions Bancorp NA and its competitors. This is near median its historical median of 25.81. Over the past decade, Zions Bancorp NA's Net Margin % has ranged from 19.32 to 38.78. According to the industry distribution chart, Zions Bancorp NA ranks #698 out of 1527 companies in the Banks industry, placing it in the top 45.7%.
Is Zions Bancorp NA's Net Margin % too high?
Zions Bancorp NA's current Net Margin % of 27.44% is near median its 10-year median of 25.81. Over the past 10 years, this metric has ranged from a low of 19.32 to a high of 38.78. The Banks industry median Net Margin % is 26.95. Zions Bancorp NA's value of 27.44% is 1.8% above this industry median. Based on the distribution chart, Zions Bancorp NA ranks #698 out of 1527 companies in the Banks industry, which is above the industry midpoint. Overall, Zions Bancorp NA has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zions Bancorp NA's Net Margin % compare to SSB and ONB?
According to the Banks industry distribution chart, Zions Bancorp NA ranks #698 out of 1527 companies for Net Margin %. This puts Zions Bancorp NA in the upper half of its industry. The industry median Net Margin % is 26.95. Zions Bancorp NA's value of 27.44% is 1.8% above this benchmark. Historically, Zions Bancorp NA's own Net Margin % has ranged from 19.32 to 38.78 over the past decade. While the company's 10-year median is 25.81 vs. the industry median of 26.95, Zions Bancorp NA has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Banks company?
The median Net Margin % among Banks companies is 26.95, based on 1,527 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Zions Bancorp NA's current Net Margin % of 27.44% is 1.8% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Zions Bancorp NA and its competitors. For the Banks industry, the median Net Margin % is 26.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zions Bancorp NA's current Net Margin % is 27.44%, which is near median its own 10-year median of 25.81. 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 $53.85, compared to a current price of $68.30 — trading 26.8% above its estimated fair value. The current Net Margin % is 27.44%, which is near median its 10-year median of 25.81 and 1.8% above the Banks industry median of 26.95. Zions Bancorp NA's overall GF Score™ is 66/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Zions Bancorp NA (ZION), the current Net Margin % is 27.44% as of Mar. 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 $68.30 is trading 26.8% above its estimated GF Value™ of $53.85.
GuruFocus considers Zions Bancorp NA to be Modestly Overvalued.
Key valuation signals for ZION:
Net Margin %: 27.44% (near median its 10-year median of 25.81)
GF Value™: $53.85 vs. price of $68.30 (26.8% above fair value)
Industry Position: 1.8% above the Banks median (#698 of 1527)
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.
66GF Score
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