---
title: Zions (ZION) — bank health card
canonical: https://sweetvaluelab.com/tools/bank-stocks/zion
ticker: ZION
tier: Regional
as_of: 2026-10-26
---
# Zions (ZION) — bank health

Zions, Regional, trades at 1.52× tangible book against a 19.2% return on tangible common equity, a 35% discount to the return-driven theory line. Prices as of Oct 26, 2026; trailing-twelve-month figures through Sep 30, 2026.

## The card

| Figure | ZION | Regional average (10) |
| --- | ---: | ---: |
| Price | $65.93 |  |
| P/TBV | 1.52× |  |
| Tangible book per share | $43.46 |  |
| P/E | 8.1 |  |
| EPS (TTM) | $8.16 |  |
| Dividend per share (TTM) | $1.83 |  |
| Dividend yield | 2.8% |  |
| Payout | 22.4% |  |
| ROTCE | 19.2% | 12.9% |
| ROA | 1.33% |  |
| Efficiency ratio | 58.9% | 62.1% |
| Net interest income share | 72.0% | 76.3% |
| Credit cost | −0.16% | 4.68% |
| AOCI / TCE | −31.5% | −9.3% |
| CET1 | 11.8% |  |
| CET1 requirement | 7.0% |  |
| Total assets | $90.9B |  |
| Leverage (assets / TCE) | 14.4× |  |
| P/TBV at 9% / 10% / 11% ROTCE (theory) | 2.70× / 2.32× / 2.03× |  |

## Lights

- Unrealized bond losses are 31.5% of tangible equity and 72% of revenue is spread income

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Source: https://sweetvaluelab.com/tools/bank-stocks/zion (SweetValueLab, free, no account). Quarterly statements from Financial Modeling Prep, closes from the daily price cache; the engine's rules are on the board page. Research and educational data, not investment advice; nothing here is a recommendation to buy, sell or hold any security.