Zions Bancorporation, N.A.
Find Ratings Reports
ZIONS BANCORPORATION NA's gross profit margin for the first quarter of its fiscal year 2022 has decreased when compared to the same period a year ago. Sales and net income have dropped, underperforming the average competitor within its subsector.
During the same period, stockholders' equity ("net worth") has decreased by 20.66% from the same quarter last year.
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Income Statement | Q1 FY22 | Q1 FY21 |
---|---|---|
Net Sales ($mil) | 697.0 | 731.0 |
EBITDA ($mil) | 369.0 | 493.0 |
EBIT ($mil) | 369.0 | 493.0 |
Net Income ($mil) | 203.0 | 322.0 |
Balance Sheet | Q1 FY22 | Q1 FY21 |
---|---|---|
Cash & Equiv. ($mil) | 8138.0 | 10318.0 |
Total Assets ($mil) | 91126.0 | 85121.0 |
Total Debt ($mil) | 1542.0 | 2562.0 |
Equity ($mil) | 6294.0 | 7933.0 |
Profitability | Q1 FY22 | Q1 FY21 |
---|---|---|
Gross Profit Margin | 103.16 | 115.73 |
EBITDA Margin | 52.94 | 67.44 |
Operating Margin | 52.94 | 67.44 |
Sales Turnover | 0.03 | 0.03 |
Return on Assets | 1.1 | 0.99 |
Return on Equity | 15.59 | 10.25 |
Debt | Q1 FY22 | Q1 FY21 |
---|---|---|
Current Ratio | 0.0 | 0.0 |
Debt/Capital | 0.2 | 0.24 |
Interest Expense | 0.0 | 0.0 |
Interest Coverage | 0.0 | 0.0 |
Share Data | Q1 FY22 | Q1 FY21 |
---|---|---|
Shares outstanding (mil) | 151.35 | 163.8 |
Div / share | 0.38 | 0.34 |
EPS | 1.27 | 1.9 |
Book value / share | 41.59 | 48.43 |
Institutional Own % | n/a | n/a |
Avg Daily Volume | 1669835.0 | 1388824.0 |
BUY. This stock's P/E ratio indicates a discount compared to an average of 13.55 for the Credit Intermediation and Related Activities subsector and a significant discount compared to the S&P 500 average of 19.86. For additional comparison, its price-to-book ratio of 1.29 indicates a significant discount versus the S&P 500 average of 3.81 and a significant discount versus the subsector average of 5.65. The price-to-sales ratio is above the S&P 500 average, but well below the subsector average. Upon assessment of these and other key valuation criteria, ZIONS BANCORPORATION NA proves to trade at a discount to investment alternatives.
Price/Earnings |
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Price/Cash Flow |
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ZION 8.71 | Peers 13.55 | ZION 17.27 | Peers 17.36 | |||||||||||||||||||||
Discount. A lower P/E ratio than its peers can signify a less expensive stock or lower growth expectations. ZION is trading at a significant discount to its peers. |
Average. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures. ZION is trading at a valuation on par to its peers. |
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Price/Projected Earnings |
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Price to Earnings/Growth |
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ZION 8.36 | Peers 13.74 | ZION NM | Peers 1.29 | |||||||||||||||||||||
Discount. A lower price-to-projected earnings ratio than its peers can signify a less expensive stock or lower future growth expectations. ZION is trading at a significant discount to its peers. |
Neutral. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples. ZION's negative PEG ratio makes this valuation measure meaningless. |
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Price/Book |
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Earnings Growth |
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ZION 1.29 | Peers 5.65 | ZION 25.05 | Peers 65.24 | |||||||||||||||||||||
Discount. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet. ZION is trading at a significant discount to its peers. |
Lower. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios. However, ZION is expected to significantly trail its peers on the basis of its earnings growth rate. |
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Price/Sales |
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Sales Growth |
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ZION 2.76 | Peers 4.77 | ZION 0.65 | Peers 6.69 | |||||||||||||||||||||
Discount. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales. ZION is trading at a significant discount to its subsector on this measurement. |
Lower. A sales growth rate that trails the subsector implies that a company is losing market share. ZION significantly trails its peers on the basis of sales growth. |
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