SequelSEC

ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/ ZION

National Commercial Banks · CIK 0000109380 · Fiscal year ends 1231 · Bank

Revenue
$694.00M
Fiscal year ended 2026-06-30
Net income
$1.17B
Fiscal year ended 2026-06-30
Total assets
$89.04B
Fiscal year ended 2026-06-30

Valuation, from the filing

Public float$7.52BMarket value of stock held by non-affiliates, as stated on the cover page for 2025-06-30
Float per share$50.86Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself.
Float / net income8.4×A lower bound on the multiple, because affiliate holdings are excluded.
Float / revenue11.4×A lower bound on the multiple, because affiliate holdings are excluded.
Float / equity1.0×A lower bound on the multiple, because affiliate holdings are excluded.

Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-06-30, not today, and each multiple below it uses the figures for the fiscal year ending 2025-12-31 — the year that filing covered.

Valuation over time

8.4× earnings today, against a median of 8.3× across 8 years on record. In line with its own history.

Float measuredPublic floatFloat / net income
2025-06-30$7.52B8.4×
2024-06-30$6.28B8.0×
2023-06-30$3.89B5.7×
2022-06-30$7.52B8.3×
2021-06-30$8.44B7.5×
2020-06-30$5.47B10.2×
2019-06-30$8.00B9.8×
2018-06-30$10.13B11.5×

Each float is paired with the fiscal year the filing that stated it covers. Only years where the company reported positive net income appear, because a multiple against a loss is not a multiple.

How this compares in its industry

Percentile among the National Commercial Banks filers on this site, highest value first. A high percentile means a large figure, which is good for a margin and not for leverage — the ranking says where the company sits, not whether that is where it should be.

MeasureReportedPercentile
CapEx / revenue18.3%75th
Revenue YoY growth3.6%25th
SBC / revenue5.3%62th
FCF margin143.8%60th
Long-term debt / equity0.21x42th
Net margin135.8%56th

ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/ (ZION) reported revenue of $694.00M and net income of $1.17B for the fiscal year ended 2026-06-30. This page shows 1 annual period of income statement, balance sheet and cash flow figures normalized from ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/’s SEC filings, each linked to the filing it came from. It is classified by the SEC under National Commercial Banks.

Banks, brokers and insurers present a top line that is not comparable with an operating company’s revenue: it is reported net of interest expense, or as premiums earned, depending on the filer. The figures are the filer’s own and are traceable to the filing; the comparison across classes is what does not hold.

Income

ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/ income by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-30
Revenue$694.00M
Cost of revenueUnavailable
Gross profitUnavailable
Operating incomeUnavailable
Net income$1.17B
Research & developmentUnavailable
Weighted-average diluted sharesUnavailable
Pretax incomeUnavailable
Income tax expense$330.00M
Diluted EPS$7.85
Selling, general & administrativeUnavailable
General & administrativeUnavailable
Selling & marketingUnavailable

Balance

ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/ balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-30
Cash & equivalentsUnavailable
Total assets$89.04B
Current assetsUnavailable
Total liabilities$81.36B
Current liabilitiesUnavailable
Total equity incl. NCI$7.68B
Temporary (mezzanine) equityUnavailable
InventoryUnavailable
Accounts receivableUnavailable
GoodwillUnavailable
Long-term debt$1.96B
Accounts payableUnavailable

Cash flow

ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/ cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-30
Operating cash flow$1.80B
Capital expenditures$121.00M
Investing cash flow-$552.00M
Financing cash flow-$1.24B
Net change in cash$13.00M
Stock-based compensation$36.00M
Common dividends paid$272.00M
Common share repurchases$152.00M
Depreciation & amortization$116.00M

Derived

ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/ derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-30
Free cash flow$1.68B
Gross marginUnavailable
Operating marginUnavailable
FCF margin242.1%
SBC / revenue5.2%
Current ratioUnavailable
Revenue YoY growth12.3%
Net margin168.7%
R&D / revenueUnavailable
CapEx / revenue17.4%
Long-term debt / equity0.25x
Effective tax rateUnavailable

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open ZION in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-08-06View SEC filing
10-Q · Filed 2026-05-07View SEC filing
10-K · Filed 2026-02-24View SEC filing
10-Q · Filed 2025-11-06View SEC filing
10-Q · Filed 2025-08-07View SEC filing
10-Q · Filed 2025-05-08View SEC filing

Companies in the same industry

Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.