Zions Bancorporation

NASDAQ ZION

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Zions Bancorporation Cash to Debt Ratio 5 year CAGR for the quarter ending March 31, 2024: 17.07%

Zions Bancorporation Cash to Debt Ratio 5 year CAGR is 17.07% for the quarter ending March 31, 2024, a 490.17% change year over year. The cash to debt ratio assesses a company's ability to cover its total debt obligations with its available cash. It is calculated by dividing cash by total debt. This ratio indicates the company's liquidity and its capacity to meet its debt obligations using its cash reserves. A higher cash to debt ratio suggests a stronger ability to cover debts with cash resources. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.

Zions Bancorporation Cash to Debt Ratio for the quarter ending March 31, 2023 was 0.26, a -94.03% change year over year.
Zions Bancorporation Cash to Debt Ratio for the quarter ending March 31, 2022 was 4.37, a 13.03% change year over year.
Zions Bancorporation Cash to Debt Ratio for the quarter ending March 31, 2021 was 3.86, a 998.43% change year over year.
Zions Bancorporation Cash to Debt Ratio for the quarter ending March 31, 2020 was 0.35, a 75.30% change year over year.

NASDAQ: ZION

Zions Bancorporation

CEO	Mr. Harris Henry Simmons
IPO Date	March 26, 1990
Location	United States
Headquarters	One South Main Street, Salt Lake City, UT, United States, 84133-1109
Employees	9,708
Sector	Financial Services
Industry	Banks - regional

Description

Zions Bancorporation, National Association provides various banking products and related services primarily in the states of Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming. It operates through Zions Bank, California Bank & Trust, Amegy Bank, National Bank of Arizona, Nevada State Bank, Vectra Bank Colorado, and The Commerce Bank of Washington segments. The company offers commercial and small business banking services to small- and medium-sized businesses, such as commercial, industrial, and owner-occupied lending and leasing; municipal and public finance services; depository account and cash management services; commercial and small business cards; merchant processing services; corporate trust services; and correspondent banking and international lending services. It also provides capital markets and investment banking services, including loan syndications, foreign exchange services, interest rate derivatives, fixed income securities underwriting, advisory and capital raising, commercial mortgage-backed security conduit lending, and power and project financing; and commercial real estate lending services consisting of term and construction/land development financing for commercial and residential purposes. In addition, the company offers retail banking services comprising residential mortgages, home equity lines of credit, personal lines of credit, installment consumer loans, depository account services, consumer cards, and personal trust services; and wealth management services consisting of investment management, fiduciary and estate, and advanced business succession and estate planning services. The company was formerly known as ZB, National Association and changed its name to Zions Bancorporation, National Association in September 2018. Zions Bancorporation, National Association was founded in 1873 and is headquartered in Salt Lake City, Utah.

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