Edwyn
| Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | $549 | $575 | $614 | $620 | $639 |
| Gross Profit | N/A | N/A | N/A | N/A | N/A |
| Operating Income | N/A | N/A | N/A | N/A | N/A |
| Net Income | $539 | $1,129 | $907 | $680 | $784 |
Over the past five years, Zions Bancorporation’s revenue has shown a consistent yet moderate upward trend, increasing from USD 549 million in 2020 to USD 639 million in 2024. The annual revenue growth, while steady, averages around 3–4% per year—a pace typical of regional banking institutions. However, the net income figures present a more dramatic narrative: jumping from USD 539 million in 2020 to a peak of USD 1,129 million in 2021, then declining to USD 907 million in 2022, falling further to USD 680 million in 2023, and recovering somewhat to USD 784 million in 2024. This significant year-over-year swing, particularly the more than 100% increase in net income from 2020 to 2021, suggests that the bank experienced either an extraordinary operational benefit or a one-off non-operating gain in that year. It is notable that the income statement data shows zeros for both gross profit and operating income across all years, which could indicate a reporting style or categorization consistent with the bank’s financial disclosures rather than a reflection of true operational efficiency. In the context of the banking industry, where net interest margins and risk management are vital drivers of profitability, Zions Bancorporation’s overall performance appears resilient yet somewhat volatile. The impressive spike in 2021 followed by declines might reflect the bank’s exposure to fluctuating market conditions, credit quality shifts, or changes in regulatory and operational factors. Overall, the institution demonstrates a sustainable revenue base with net income volatility that merits further investigation into the underlying drivers to fully assess long-term financial health.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.