BOK Financial Corporation (BOKF) vs Zions Bancorporation, N.A. (ZION)

BOK Financial Corporation and Zions Bancorporation, N.A. are both Banks Regional companies. Zions Bancorporation, N.A. is the larger, with a market value of $9.5B against $7.9B — 1.2× the size. Zions Bancorporation, N.A. trades at the lower P/E: 8.0× against 11.8×. Zions Bancorporation, N.A. grew revenue faster over the last twelve months: 4.16% against 2.18%. Zions Bancorporation, N.A. has the higher net margin (23.4% vs 19.4%) and the higher return on invested capital (22.3% vs 11.3%). Both pay a dividend; Zions Bancorporation, N.A. yields more (2.81% vs 1.94%). Across the 19 metrics below, Zions Bancorporation, N.A. leads on 18 and BOK Financial Corporation on 1.

Valuation

Metric BOKF ZION Banks Regional median
P/E 11.76 7.99 12.02
P/S 2.28 1.83 2.36
P/B 1.32 1.24 1.23
Price to free cash flow 9.29 5.62 10.60
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 8.51% 12.51% 8.21%
Free cash flow yield 10.76% 17.79% 9.23%

Profitability

Metric BOKF ZION Banks Regional median
Gross margin 66.85% 72.91% 69.81%
Operating margin 0.00% 0.00% 0.00%
Net margin 19.40% 23.44% 18.82%
Free cash flow margin 24.48% 0.00% 17.97%
Return on equity 11.15% 16.76% 10.28%
Return on assets 1.28% 1.35% 1.13%
Return on invested capital 11.25% 22.33% 8.45%

Growth

Metric BOKF ZION Banks Regional median
Revenue growth (TTM) 2.18% 4.16% 6.37%
EPS growth (last fiscal year) 12.65% 21.41% 18.85%
Revenue growth, 5-year CAGR 9.86% 10.93% 12.65%
Net income growth, 5-year CAGR 5.83% 12.13% 9.81%

Health

Metric BOKF ZION Banks Regional median
Debt to equity 0.70 0.31 0.17
Current ratio 0.81 0.86 0.93
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric BOKF ZION Banks Regional median
Dividend yield 1.94% 2.81% 2.49%
Payout ratio 0.23 0.22 0.29

Size

Metric BOKF ZION Banks Regional median
Market cap 7.90b 9.48b 934.85m

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