---
title: Zions (ZION) — bank health card
canonical: https://sweetvaluelab.com/tools/banks/zion
ticker: ZION
tier: Regional
as_of: 2026-10-16
---
# Zions (ZION) — bank health

Zions, Regional, trades at 1.42× tangible book against a 17.9% return on tangible common equity, a 33% discount to the return-driven theory line. Prices as of Oct 16, 2026; trailing-twelve-month figures through Sep 30, 2026.

## The card

| Figure | ZION | Regional average (10) |
| --- | ---: | ---: |
| Price | $63.37 |  |
| P/TBV | 1.42× |  |
| Tangible book per share | $44.65 |  |
| P/E | 8.1 |  |
| EPS (TTM) | $7.86 |  |
| Dividend per share (TTM) | $1.83 |  |
| Dividend yield | 2.9% |  |
| Payout | 23.3% |  |
| ROTCE | 17.9% | 13.3% |
| ROA | 1.32% |  |
| Efficiency ratio | 58.5% | 62.4% |
| Net interest income share | 72.0% | 76.5% |
| Credit cost | 1.36% | 4.79% |
| AOCI / TCE | -28.6% | -8.8% |
| CET1 | 11.8% |  |
| CET1 requirement | 7.0% |  |
| Total assets | $89.0B |  |
| Leverage (assets / TCE) | 13.6× |  |
| P/TBV at 9% / 10% / 11% ROTCE (theory) | 2.49× / 2.13× / 1.87× |  |

## Lights

- Unrealized bond losses are 28.6% of tangible equity and 72% of revenue is spread income

---

Source: https://sweetvaluelab.com/tools/banks/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.