Zions Bancorporation, N.A.

ZION Financial Banks Regional

Zions Bancorporation, N.A.’s revenue for fiscal 2025 (year ended December 2025) was $4.9 billion, down 1.02% from fiscal 2024.

Revenue
−0.80%
EPS
+20.3%
Free cash flow
+518.3%
Total debt
+64.0%

Quarter to September 2026, against a year earlier

65.13 1.50 −2.25%
Market cap
$9.5B
P/E
8.0×
Fwd P/E
8.2×
Dividend yield
2.81%
F-score
8/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Zions Bancorporation, N.A. (ZION) Price to free cash flow

Alert me on Price to free cash flow

As of 5 November 2026, Zions Bancorporation, N.A. (ZION) trades at a price to free cash flow of 5.6×. Over the past ten years it has ranged from 2.4× (May 2023) to 43.7× (March 2022); the current reading is higher than 8% of that period. That is below the Banks Regional industry median of 10.6× and below the Financial sector median of 9.7×.

Price to free cash flow, daily

Embed this chart

Annual newest first

Period Price to free cash flow Change
FY2025 9.0× 19.05%
FY2024 7.6× (10.05%)
FY2023 8.4× 48.69%
FY2022 5.7× (76.21%)
FY2021 23.9× 83.96%
FY2020 13.0× (17.61%)
FY2019 15.8× 109.13%
FY2018 7.5× (43.83%)
FY2017 13.4× (39.06%)
FY2016 22.0× 21.75%

Quarterly newest first

Period Price to free cash flow Change
Sep 2026 5.4× (10.15%)
Jun 2026 6.0× (14.85%)
Mar 2026 7.1× (21.87%)
Dec 2025 9.0× 4.49%
43 more quarters

Against its own ten years

Low 2.4× High 43.7×
Ten-year median 11.8×
Current reading's percentile 8

Price to free cash flow against peers

Company Price to free cash flow
ZION Zions Bancorporation, N.A. 5.6×
WTFC Wintrust Financial Corporation compare 6.5×
SSB SouthState Bank Corporation compare 6.5×
UMBF UMB Financial Corporation compare 9.0×
ONB Old National Bancorp compare 9.7×
BPOP Popular, Inc. compare 12.3×
CFR Cullen/Frost Bankers, Inc. compare 16.5×
CBC Central Bancompany compare 18.5×
CIB Grupo Cibest S.A. - Sponsored ADR compare 21.3×
Banks Regional industry median 10.6×
Financial sector median 9.7×
Market median 14.1×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

More on ZION