ZIONS BANCORPORATION, NATIONAL ASSOCIATION (ZION) [Rocket]

Overview

ZIONS BANCORPORATION, NATIONAL ASSOCIATION (ZION)

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Recent News + Filings (All items)

Date Filed	Type	Description
10/05/2023	4	Huang Claire A (Director) has filed a Form 4 on ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/
10/05/2023	4	Lee Vivian S (Director) has filed a Form 4 on ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/
10/05/2023	4	QUINN STEPHEN D (Director) has filed a Form 4 on ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/
10/05/2023	4	Skonnard Aaron (Director) has filed a Form 4 on ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/
10/03/2023	4	Maio Keith D (EVP - Chief Risk Officer) has filed a Form 4 on ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/
10/03/2023	3/A	Steward Derek (Executive Vice President) has filed a Form 3/A on ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/
10/03/2023	3/A	Drage Shannon R. (Senior Vice President) has filed a Form 3/A on ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/

Revenue Mix by Segment

Financial Summary (All financials)

In millions, except per share items	Dec-31-22	Dec-31-21	Dec-31-20	Dec-31-19	Dec-31-18	Dec-31-17	Dec-31-16	Dec-31-15
Revenues	3,030.0	3,187.0	2,376.0	2,795.0	2,742.0	2,585.0	2,290.0	2,476.0
Revenue growth	-4.9%	34.1%	-15.0%	1.9%	6.1%	12.9%	-7.5%	9.0%
Cost of goods sold	1,387.0	1,280.0	1,238.0	1,274.0	1,202.0	1,135.0	1,103.0	1,093.0
Gross profit	1,643.0	1,907.0	1,138.0	1,521.0	1,540.0	1,450.0	1,187.0	1,383.0
Gross margin	54.2%	59.8%	47.9%	54.4%	56.2%	56.1%	51.8%	55.9%
Sales and marketing				19.0	26.0	22.0	22.0	25.0
Research and development	209.0	199.0	192.0
General and administrative	57.0	72.0	57.0	47.0	52.0	57.0	56.0	50.0
EBITA	1,135.0	1,403.0	648.0	1,019.0	1,100.0	896.0	501.0	336.0
EBITA margin	37.5%	44.0%	27.3%	36.5%	40.1%	34.7%	21.9%	13.6%
Amortization of intangibles								9.0
EBIT	1,135.0	1,403.0	648.0	1,019.0	1,100.0	896.0	501.0	327.0
EBIT margin	37.5%	44.0%	27.3%	36.5%	40.1%	34.7%	21.9%	13.2%
Pre-tax income	1,152.0	1,446.0	672.0	1,053.0	1,143.0	936.0	705.0	451.0
Income taxes	245.0	317.0	133.0	237.0	259.0	344.0	236.0	142.0
Tax rate	21.3%	21.9%	19.8%	22.5%	22.7%	36.8%	33.5%	31.5%
Net income	878.0	1,100.0	505.0	782.0	850.0	550.0	411.0	247.0
Net margin	29.0%	34.5%	21.3%	28.0%	31.0%	21.3%	17.9%	10.0%

Diluted EPS	$5.84	$6.86	$3.05	$4.19	$4.12	$2.62	$2.01	$1.21
Shares outstanding (diluted)	150.3	160.2	165.6	186.5	206.5	209.7	204.3	203.7

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.