Zions Total Revenue vs Operating Income Analysis

ZION Stock

USD 60.58 1.44 2.43%

Zions Bancorporation financial indicator trend analysis is more than just analyzing Zions Bancorporation current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zions Bancorporation is a good investment. Please check the relationship between Zions Bancorporation Total Revenue and its Operating Income accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zions Bancorporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

To learn how to invest in Zions Stock, please use our How to Invest in Zions Bancorporation guide.

Total Revenue vs Operating Income

Total Revenue vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zions Bancorporation Total Revenue account and Operating Income. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Zions Bancorporation's Total Revenue and Operating Income is 0.86. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Operating Income in the same time period over historical financial statements of Zions Bancorporation, assuming nothing else is changed. The correlation between historical values of Zions Bancorporation's Total Revenue and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Zions Bancorporation are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Total Revenue i.e., Zions Bancorporation's Total Revenue and Operating Income go up and down completely randomly.

Correlation Coefficient

0.86

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Total Revenue

Total revenue comprises all receipts Zions Bancorporation generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Operating Income

Operating Income is the amount of profit realized from Zions Bancorporation operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Zions Bancorporation is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most indicators from Zions Bancorporation's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zions Bancorporation current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zions Bancorporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

To learn how to invest in Zions Stock, please use our How to Invest in Zions Bancorporation guide.At this time, Zions Bancorporation's Tax Provision is very stable compared to the past year. As of the 25th of November 2024, Enterprise Value Over EBITDA is likely to grow to 8.07, while Selling General Administrative is likely to drop about 677.4 M.

	2021	2022	2023	2024 (projected)
Gross Profit	2.9B	3.3B	2.7B	1.7B
Total Revenue	2.9B	3.3B	2.7B	1.7B

Gross Profit Total Revenue

Zions Bancorporation fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Non Currrent Assets Other	Other Assets	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Common Stock	Non Current Assets Total	Cash	Cash And Short Term Investments	Total Current Assets	Short Term Debt	Other Current Assets	Other Liab	Accounts Payable	Long Term Debt
Total Assets		0.44	0.22	0.41	0.48	0.96	0.2	0.88	-0.45	0.06	0.27	0.34	0.53	0.19	0.39	0.88	0.03	0.56	0.03	0.36	-0.13	0.42	-0.46	0.81	0.88	-0.22
Short Long Term Debt Total	0.44		-0.13	0.01	0.14	0.42	0.51	0.43	-0.43	0.52	-0.02	0.19	0.42	-0.28	0.38	0.38	-0.1	-0.13	-0.33	0.19	-0.13	0.95	-0.36	0.26	0.4	-0.13
Other Current Liab	0.22	-0.13		-0.32	0.65	0.04	-0.67	-0.14	0.16	0.34	0.35	0.53	-0.53	0.03	-0.45	-0.08	0.52	-0.16	0.51	0.69	0.69	-0.15	0.54	-0.14	0.25	0.11
Total Current Liabilities	0.41	0.01	-0.32		-0.32	0.6	0.55	0.66	-0.36	-0.49	-0.15	-0.34	0.69	0.3	0.48	0.63	-0.37	0.95	-0.41	-0.56	-0.55	0.11	-0.46	0.71	0.23	-0.49
Total Stockholder Equity	0.48	0.14	0.65	-0.32		0.34	-0.42	0.07	0.18	0.49	0.57	0.93	-0.38	0.16	0.05	0.04	0.73	-0.13	0.3	0.66	0.67	0.06	0.36	-0.04	0.51	0.18
Property Plant And Equipment Net	0.96	0.42	0.04	0.6	0.34		0.39	0.94	-0.53	-0.03	0.22	0.23	0.64	0.3	0.51	0.91	-0.06	0.71	-0.18	0.15	-0.28	0.45	-0.55	0.87	0.81	-0.39
Net Debt	0.2	0.51	-0.67	0.55	-0.42	0.39		0.52	-0.58	-0.06	-0.24	-0.37	0.69	0.08	0.48	0.39	-0.5	0.37	-0.89	-0.52	-0.73	0.62	-0.71	0.5	0.1	-0.52
Retained Earnings	0.88	0.43	-0.14	0.66	0.07	0.94	0.52		-0.71	-0.21	0.0	-0.08	0.74	0.18	0.39	0.95	-0.39	0.72	-0.28	0.07	-0.55	0.49	-0.77	0.9	0.77	-0.45
Non Currrent Assets Other	-0.45	-0.43	0.16	-0.36	0.18	-0.53	-0.58	-0.71		0.06	0.25	0.34	-0.43	0.08	0.02	-0.64	0.65	-0.35	0.53	-0.22	0.6	-0.58	0.76	-0.55	-0.5	0.63
Other Assets	0.06	0.52	0.34	-0.49	0.49	-0.03	-0.06	-0.21	0.06		0.31	0.64	-0.26	-0.15	0.15	-0.2	0.53	-0.51	-0.01	0.44	0.57	0.45	0.36	-0.29	0.06	0.1
Common Stock Total Equity	0.27	-0.02	0.35	-0.15	0.57	0.22	-0.24	0.0	0.25	0.31		0.67	-0.13	0.48	0.28	0.02	0.65	-0.04	0.19	0.27	0.52	-0.01	0.36	0.01	0.27	-0.07
Common Stock Shares Outstanding	0.34	0.19	0.53	-0.34	0.93	0.23	-0.37	-0.08	0.34	0.64	0.67		-0.35	0.23	0.28	-0.08	0.88	-0.21	0.27	0.51	0.78	0.1	0.52	-0.15	0.31	0.19
Non Current Liabilities Total	0.53	0.42	-0.53	0.69	-0.38	0.64	0.69	0.74	-0.43	-0.26	-0.13	-0.35		0.2	0.64	0.79	-0.44	0.62	-0.3	-0.44	-0.66	0.47	-0.7	0.83	0.39	-0.4
Other Stockholder Equity	0.19	-0.28	0.03	0.3	0.16	0.3	0.08	0.18	0.08	-0.15	0.48	0.23	0.2		0.41	0.2	0.32	0.36	-0.1	-0.2	0.1	-0.11	0.11	0.29	0.09	-0.56
Total Liab	0.39	0.38	-0.45	0.48	0.05	0.51	0.48	0.39	0.02	0.15	0.28	0.28	0.64	0.41		0.42	0.24	0.42	-0.24	-0.41	-0.07	0.37	-0.15	0.44	0.16	-0.22
Property Plant And Equipment Gross	0.88	0.38	-0.08	0.63	0.04	0.91	0.39	0.95	-0.64	-0.2	0.02	-0.08	0.79	0.2	0.42		-0.34	0.71	-0.08	0.1	-0.46	0.44	-0.68	0.92	0.77	-0.43
Common Stock	0.03	-0.1	0.52	-0.37	0.73	-0.06	-0.5	-0.39	0.65	0.53	0.65	0.88	-0.44	0.32	0.24	-0.34		-0.27	0.38	0.25	0.88	-0.19	0.77	-0.32	-0.09	0.26
Non Current Assets Total	0.56	-0.13	-0.16	0.95	-0.13	0.71	0.37	0.72	-0.35	-0.51	-0.04	-0.21	0.62	0.36	0.42	0.71	-0.27		-0.23	-0.37	-0.47	-0.04	-0.44	0.78	0.39	-0.4
Cash	0.03	-0.33	0.51	-0.41	0.3	-0.18	-0.89	-0.28	0.53	-0.01	0.19	0.27	-0.3	-0.1	-0.24	-0.08	0.38	-0.23		0.42	0.56	-0.49	0.49	-0.2	0.05	0.57
Cash And Short Term Investments	0.36	0.19	0.69	-0.56	0.66	0.15	-0.52	0.07	-0.22	0.44	0.27	0.51	-0.44	-0.2	-0.41	0.1	0.25	-0.37	0.42		0.47	0.15	0.14	-0.13	0.48	0.11
Total Current Assets	-0.13	-0.13	0.69	-0.55	0.67	-0.28	-0.73	-0.55	0.6	0.57	0.52	0.78	-0.66	0.1	-0.07	-0.46	0.88	-0.47	0.56	0.47		-0.21	0.91	-0.54	-0.13	0.33
Short Term Debt	0.42	0.95	-0.15	0.11	0.06	0.45	0.62	0.49	-0.58	0.45	-0.01	0.1	0.47	-0.11	0.37	0.44	-0.19	-0.04	-0.49	0.15	-0.21		-0.42	0.31	0.4	-0.43
Other Current Assets	-0.46	-0.36	0.54	-0.46	0.36	-0.55	-0.71	-0.77	0.76	0.36	0.36	0.52	-0.7	0.11	-0.15	-0.68	0.77	-0.44	0.49	0.14	0.91	-0.42		-0.68	-0.45	0.34
Other Liab	0.81	0.26	-0.14	0.71	-0.04	0.87	0.5	0.9	-0.55	-0.29	0.01	-0.15	0.83	0.29	0.44	0.92	-0.32	0.78	-0.2	-0.13	-0.54	0.31	-0.68		0.68	-0.39
Accounts Payable	0.88	0.4	0.25	0.23	0.51	0.81	0.1	0.77	-0.5	0.06	0.27	0.31	0.39	0.09	0.16	0.77	-0.09	0.39	0.05	0.48	-0.13	0.4	-0.45	0.68		-0.19
Long Term Debt	-0.22	-0.13	0.11	-0.49	0.18	-0.39	-0.52	-0.45	0.63	0.1	-0.07	0.19	-0.4	-0.56	-0.22	-0.43	0.26	-0.4	0.57	0.11	0.33	-0.43	0.34	-0.39	-0.19

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Zions Bancorporation Account Relationship Matchups

Zions Bancorporation fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	69.2B	81.5B	93.2B	89.5B	87.2B	91.6B
Short Long Term Debt Total	2.7B	3.2B	1.8B	7.8B	2.1B	1.8B
Other Current Liab	(1B)	69.7B	82.8B	5.5B	12.7B	23.9B
Total Current Liabilities	1B	1.9B	802M	1.3B	14.2B	14.9B
Total Stockholder Equity	7.4B	7.9B	7.5B	4.9B	5.5B	3.8B
Property Plant And Equipment Net	1.1B	1.2B	1.3B	1.4B	1.6B	1.7B
Net Debt	275M	(281M)	(9.9B)	5.8B	2.5B	2.7B
Retained Earnings	4.0B	4.3B	5.2B	5.8B	6.2B	6.5B
Non Currrent Assets Other	(310M)	(360M)	(28.0B)	(24.7B)	(4.6B)	(4.4B)
Other Assets	36.1B	44.1B	29.9B	80.9B	(662M)	(628.9M)
Common Stock Shares Outstanding	186.5M	165.6M	160.2M	150.3M	147.8M	120.4M
Liabilities And Stockholders Equity	69.2B	81.5B	93.2B	89.5B	87.2B	91.6B
Non Current Liabilities Total	1.7B	1.3B	1.0B	82.5B	67.3B	70.7B
Total Liab	61.8B	1.3B	1.0B	84.7B	81.5B	85.6B
Property Plant And Equipment Gross	1.1B	1.2B	2.3B	2.4B	2.5B	2.6B
Common Stock	2.7B	2.7B	1.9B	1.8B	1.7B	2.4B
Non Current Assets Total	17.6B	19.7B	28.0B	2.4B	83.6B	87.8B
Cash	1.4B	1.6B	10.9B	2.0B	1.7B	2.9B
Cash And Short Term Investments	15.2B	17.3B	34.9B	13.9B	662M	628.9M
Total Current Assets	15.5B	17.7B	35.3B	6.2B	4.2B	4.0B
Short Term Debt	1B	1.9B	802M	7.1B	1.5B	812.5M
Accumulated Other Comprehensive Income	43M	325M	(80M)	(3.1B)	(2.8B)	(2.7B)
Other Current Assets	2.1B	7.9B	13.6B	(8.1B)	3.6B	3.4B
Other Liab	693M	1.0B	1.0B	1.3B	1.5B	1.5B
Accounts Payable	57.1B	69.7B	82.8B	71.7B	82.4B	47.9B
Long Term Debt	1.7B	1.3B	1.0B	651M	538M	511.1M
Short Term Investments	13.7B	15.7B	24.0B	11.9B	(991M)	(941.5M)
Inventory	(2.1B)	(7.9B)	(13.6B)	3M	(1.0B)	(1.1B)
Property Plant Equipment	1.1B	1.2B	1.3B	1.6B	1.8B	1.9B
Net Receivables	327M	334M	320M	386M	383M	316.4M
Net Tangible Assets	5.8B	6.3B	6.0B	3.4B	3.9B	5.7B
Retained Earnings Total Equity	4.0B	4.3B	5.2B	5.8B	6.7B	7.0B
Long Term Debt Total	1.7B	1.3B	1.0B	651M	585.9M	988.5M
Long Term Investments	50.0B	17.5B	25.7B	24.6B	21.0B	29.0B

Pair Trading with Zions Bancorporation

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Zions Bancorporation position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Zions Bancorporation will appreciate offsetting losses from the drop in the long position's value.

Moving together with Zions Stock

0.93	AX	Axos Financial	Pair Corr
0.92	BY	Byline Bancorp Fiscal Year End 23rd of January 2025	Pair Corr
0.95	PB	Prosperity Bancshares Fiscal Year End 22nd of January 2025	Pair Corr

Moving against Zions Stock

0.64	TFC-PO	Truist Financial	Pair Corr
0.6	TFC-PR	Truist Financial	Pair Corr
0.6	CFG-PE	Citizens Financial	Pair Corr
0.42	WF	Woori Financial Group	Pair Corr

The ability to find closely correlated positions to Zions Bancorporation could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Zions Bancorporation when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Zions Bancorporation - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Zions Bancorporation to buy it.

The correlation of Zions Bancorporation is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Zions Bancorporation moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Zions Bancorporation moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Zions Bancorporation can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Zions Bancorporation offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Zions Bancorporation's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Zions Bancorporation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Zions Bancorporation Stock:

How To Invest In Zions

Details

Is Zions Stock a good investment?

Details

What is Zions Bancorporation's Net Worth?

Details

Largest Regional Banks Companies

View

Largest Banks - Regional Companies

View

Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zions Bancorporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

To learn how to invest in Zions Stock, please use our How to Invest in Zions Bancorporation guide.

You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Zions Bancorporation. If investors know Zions will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Zions Bancorporation listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.212

Dividend Share

1.64

Earnings Share

4.39

Revenue Per Share

20.433

Quarterly Revenue Growth

0.076

The market value of Zions Bancorporation is measured differently than its book value, which is the value of Zions that is recorded on the company's balance sheet. Investors also form their own opinion of Zions Bancorporation's value that differs from its market value or its book value, called intrinsic value, which is Zions Bancorporation's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Zions Bancorporation's market value can be influenced by many factors that don't directly affect Zions Bancorporation's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Zions Bancorporation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zions Bancorporation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zions Bancorporation's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Zions Total Revenue vs Operating Income Analysis

Total Revenue vs Operating Income

Total Revenue vs Operating Income Correlation Analysis

Correlation Coefficient

Total Revenue

Operating Income

Zions Bancorporation fundamental ratios Correlations

Zions Bancorporation Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Zions Bancorporation fundamental ratios Accounts

Pair Trading with Zions Bancorporation

Moving together with Zions Stock

Moving against Zions Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Net	+ 0.96	Total Assets
Short Term Debt	+ 0.95	Short Long Term Debt Total
Non Current Assets Total	+ 0.95	Total Current Liabilities
Property Plant And Equipment Gross	+ 0.95	Retained Earnings
Retained Earnings	+ 0.94	Property Plant And Equipment Net
Common Stock Shares Outstanding	+ 0.93	Total Stockholder Equity

Cash	- 0.89	Net Debt
Other Current Assets	- 0.77	Retained Earnings
Total Current Assets	- 0.73	Net Debt
Non Currrent Assets Other	- 0.71	Retained Earnings
Other Current Assets	- 0.71	Net Debt
Other Current Assets	- 0.7	Non Current Liabilities Total