Zions reported OK third-quarter results, with its earnings per share up 20% year over year. Net interest income rose 2% year over year, while adjusted customer-related fee income went up by 18%.
Zions’ footprint in the Western US has attractive growth potential, and the bank could grow its balance sheet faster than its peers.
In the event of a recession, Zions would face lower balance-sheet growth and higher credit costs. Commensurate interest rate cuts would badly hurt the bank, which is extremely interest rate sensitive.
|
Metric
|
ZION
|
BAC
|
JPM
|
|---|---|---|---|
Price/Earnings (Normalized) | 10.16 | 12.06 | 13.93 |
Price/Book Value | 1.26 | 1.31 | 2.53 |
Price/Sales | 2.56 | 3.04 | 4.57 |
Price/Cash Flow | 8.99 | 7.47 | 10.30 |
|
Metric
|
ZION
|
BAC
|
JPM
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | — | — | — |
|
Metric
|
ZION
|
BAC
|
JPM
|
|---|---|---|---|
Return on Assets (Normalized) | 1.35% | — | — |
Return on Equity (Normalized) | 16.96% | — | — |
Return on Invested Capital (Normalized) | — | — | — |
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1-Day Chart
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Name
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Price
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Morningstar Rating for Stocks
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Capital Allocation
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Economic Moat
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United States