Zions Bancorporation · Salt Lake City, UT United States ·(NASDAQ (GS): ZION)
Company Description
Phone: 801-524-4787
Fax: 801-524-4805
Rankings
- S&P 500
View Zions Bancorporation Locations On A US Map
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This link will open in a new window Multibank holding company Zions Bancorporation has a strong presence in the US West. It operates eight bank subsidiaries with a total of more than 500 branches in 10 western and southwestern states. The banks and their subsidiaries provide commercial and retail banking and mortgage lending products. They also offer personal banking fare, including lending products like home mortgages, bank cards, and home equity lines of credit; deposit products such as checking and savings accounts and time certificates; and trust and wealth management services. The company is also a leading Small Business Administration (SBA) and agricultural lender. To read the full description, subscribe now.
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Key Zions Bancorporation Financials
| Company Type | Public - NASDAQ (GS): ZION Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $2,162.3 |
| 2008 Employees | 11,011 |
Zions Bancorporation Executives
43 executives listed for Zions Bancorporation's Salt Lake City, UT location.
| Title | Name & Bio | Contact |
| Chairman, President, and CEO; Chairman, Zions First National Bank; Chairman, President, and CEO, Zions Management Services | Harris Simmons | Network |
| Vice Chairman and CFO | Doyle Arnold | Network |
| EVP Operations and Information Systems; Vice Chairman Zions Management Services Company | John Itokazu | Network |
Competition
Competitive Landscape for Zions Bancorporation
Demand for banking services is closely tied to economic activity and the level of interest rates. The profitability of individual banks depends on marketing skills, efficient operations, and good risk management. Large economies of scale exist in some segments of the industry, which has encouraged industry consolidation. Smaller banks can compete successfully in segments where customer service or knowledge of the local market is more important. The industry is capital-intensive and highly automated: annual revenue per employee is close to $300,000. Many banks and thrifts aggressively offered adjustable rate and subprime mortgages during the housing boom of the early 2000s only to find themselves saddled with loan defaults and extensive losses when the housing bubble burst. Deep exposure to subprime mortgages and mortgage-backed securities caused bank failures, government takeovers, and involuntary mergers. To read the full description, subscribe now.Top Zions Bancorporation Competitors
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