Zions Bancorp
0.96 %
11.96 %
Yet to be announced
Company Overview
Zions Bancorporation, National Association provides banking and related services in the states of Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming. As of December 31, 2020, it operated 422 branches, which included 273 owned and 149 leased.
Revenue Sources
FailAs a traditional banking institution, Zions Bancorporation's primary business model revolves around interest-based lending and borrowing, which constitutes a haram business model.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| Dec. 31, 2024 | $820.0m | $435.0m | $627.0m | $435.0m | 76.46% | 100.00% |
| Sept. 30, 2024 | $792.0m | $484.0m | $620.0m | $484.0m | 78.28% | 100.00% |
| June 30, 2024 | $776.0m | $476.0m | $597.0m | $476.0m | 76.93% | 100.00% |
| March 31, 2024 | $742.0m | $468.0m | $586.0m | $468.0m | 78.98% | 100.00% |
Based on the financial data provided for the last four quarters, interest income consistently represents over 75% of total revenue, while interest expense constitutes a significant portion of total expenses. This indicates that interest is fundamental to the company's business model and operations.
Operational Ethics
PassAfter reviewing available information, there is no evidence of significant ongoing associations with entities involved in human rights violations such as the state of Israel or the Chinese Communist Party.
Comments