Popular, Inc. (BPOP) vs Zions Bancorporation, N.A. (ZION)

Popular, Inc. and Zions Bancorporation, N.A. are both Banks Regional companies. Popular, Inc. and Zions Bancorporation, N.A. are of similar size ($10.0B and $9.2B). Zions Bancorporation, N.A. trades at the lower P/E: 8.1× against 10.7×. Zions Bancorporation, N.A. grew revenue faster over the last twelve months: 3.88% against 3.83%. Zions Bancorporation, N.A. has the higher net margin (22.6% vs 21.3%) and the lower return on invested capital (15.7% vs 48.2%). Both pay a dividend; Zions Bancorporation, N.A. yields more (2.89% vs 1.98%). Across the 19 metrics below, Zions Bancorporation, N.A. leads on 14 and Popular, Inc. on 5.

Valuation

Metric BPOP ZION Banks Regional median
P/E 10.73 8.08 11.98
P/S 2.24 1.79 2.34
P/B 1.58 1.22 1.19
Price to free cash flow 12.57 5.52 10.63
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 9.32% 12.38% 8.23%
Free cash flow yield 7.95% 18.13% 9.08%

Profitability

Metric BPOP ZION Banks Regional median
Gross margin 73.90% 72.39% 69.55%
Operating margin 0.00% 0.00% 0.00%
Net margin 21.34% 22.60% 18.66%
Free cash flow margin 17.82% 32.53% 21.11%
Return on equity 15.68% 16.50% 10.65%
Return on assets 1.25% 1.31% 1.13%
Return on invested capital 48.20% 15.66% 8.35%

Growth

Metric BPOP ZION Banks Regional median
Revenue growth (TTM) 3.83% 3.88% 6.98%
EPS growth (last fiscal year) 43.69% 21.41% 18.88%
Revenue growth, 5-year CAGR 11.27% 10.93% 12.38%
Net income growth, 5-year CAGR 10.50% 12.13% 9.71%

Health

Metric BPOP ZION Banks Regional median
Debt to equity 0.00 0.25 0.22
Current ratio 0.61 0.84 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric BPOP ZION Banks Regional median
Dividend yield 1.98% 2.89% 2.57%
Payout ratio 0.21 0.23 0.30

Size

Metric BPOP ZION Banks Regional median
Market cap 10.04b 9.20b 913.33m

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