Michael Morris - Zions Bancorporation President

ZION Stock  USD 39.24  0.12  0.30%   

President

Mr. Michael Morris is Executive Vice President, Chief Credit Officer of the Company. He joined Zions Bancorporation in 2007, where he began in the role of Managing Director, Real Estate Capital Markets. In 2009, he transitioned to EVP of Real Estate Banking, Zions First National Bank. In August, 2013, he assumed the role of CCO, Bancorporation. Prior to joining Zions Bancorporation he was Managing Director for JP Morgan Real Estate, Executive Vice President for Bank One, and Senior Vice President for First Interstate Bank of California. Michael is the senior credit officer for the enterprise and oversees the credit risk function, which includes key areas such as credit quality for all loan portfolio segments, the credit approval process and policy, portfolio stress testing, risk grading, allowance for credit loss, and credit analytics. Michael serves on the following key management committees executive management, capital management, concentration management, new products, securities oversight, and enterprise risk management. Michael received a Bachelors degree from the University of Utah, and attended the Grazadio Graduate School of Business at Pepperdine University. He serves on the boards of the Kimball Art Center, Thunderbird Foundation and the Fisher Center for Real Estate, California Berkeley. since 2013.
Age 59
Tenure 11 years
Professional MarksMBA
Phone801 844 8208
Webhttps://www.zionsbancorporation.com
Morris was serving as executive vice president of Zions Bank Real Estate Division since 2009; he also was managing director and group head of Real Estate Capital Markets for Zions Bancorporation. During his banking tenure he has had various management and oversight responsibilities, including REIT finance, loan syndications, workouts and restructured credits, and real estate owned sales. He has originated and managed more than $5.5 billion in real estate credit and investment exposure, with funds provided to middlemarket and institutional developers and investors, under secured and unsecured borrowing arrangements. Prior to joining Zions in 2007, Morris managed the Real Estate and Investment Group for JP Morgan Real Estate and Banc One Real Estate Investment Corporationration; additionally, he managed senior debt operations as an executive vice president for Banc One Corporationration

Zions Bancorporation Management Efficiency

Zions Bancorporation's management efficiency ratios could be used to measure how well Zions Bancorporation manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 4.74 B in liabilities with Debt to Equity (D/E) ratio of 0.11, which may suggest the company is not taking enough advantage from borrowing. Debt can assist Zions Bancorporation until it has trouble settling it off, either with new capital or with free cash flow. So, Zions Bancorporation's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Zions Bancorporation sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Zions to invest in growth at high rates of return. When we think about Zions Bancorporation's use of debt, we should always consider it together with cash and equity.

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Zions Bancorporation, National Association provides various banking and related services primarily in the states of Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming. Zions Bancorporation, National Association was founded in 1873 and is headquartered in Salt Lake City, Utah. Zions Bancorp operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 9920 people. Zions Bancorporation (ZION) is traded on NASDAQ Exchange in USA. It is located in One South Main Street, Salt Lake City, UT, United States, 84133-1109 and employs 9,679 people. Zions Bancorporation is listed under Regional Banks category by Fama And French industry classification.

Management Performance

Zions Bancorporation Leadership Team

Elected by the shareholders, the Zions Bancorporation's board of directors comprises two types of representatives: Zions Bancorporation inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Zions. The board's role is to monitor Zions Bancorporation's management team and ensure that shareholders' interests are well served. Zions Bancorporation's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Zions Bancorporation's outside directors are responsible for providing unbiased perspectives on the board's policies.
Harris Simmons, Chairman, CEO, Member of Executive Committee and Chairman of Zions First National Bank
LeeAnne Linderman, Executive Vice President Enterprise Retail Banking
Shelley Williams, Independent Director
Edward Murphy, Director
Rena JD, General VP
Roger Porter, Independent Director
Alan Forney, Executive Vice President and Presidentident and CEO of The Commerce Bank of Washington
Thomas Laursen, Executive Vice President General Counsel, Secretary
Scott McLean, COO President
David Heaney, Independent Director
Stanley Savage, Executive Vice President; Chairman and Presidentident and CEO of The Commerce Bank of Washington
Vivian Lee, Director
Dianne James, Chief Human Resource Officer, Executive Vice President
Suren Gupta, Director
Joseph Reilly, Executive Vice President CIO
Laurence Simmons, Director
Margaret Mayer, Chief Officer
Aldon Anderson, Executive VP, CEO of Zions First National Bank and President of Zions First National Bank
David Blackford, Executive VP, Chairman of California Bank and Trust, CEO of California Bank and Trust and President of California Bank and Trust
John Erickson, Director
Julie Castle, Executive Vice President - Wealth Management
Barbara Yastine, Director
Michael Morris, Executive Vice President Corporate Chief Credit Officer
Olga Hoff, Executive Vice President - Retail Banking
Mark Young, Executive Vice President
Stephen Quinn, Independent Director
Steven Stephens, Executive President
Alexander Hume, Principal Accounting Officer, Sr. VP and Corporate Controller
Patricia Frobes, Independent Director
Kenneth Collins, Executive Vice President - Business Technology
Rebecca Robinson, Executive Vice President and Director of Wealth Management
David Hemingway, Executive Vice President - Capital Markets and Investments; Executive VP of Zions First National Bank
Ryan Richards, Executive CFO
Gary Crittenden, Director
Bruce Alexander, Executive Vice President; Chairman and Presidentident and CEO of Vectra Bank Colorado
Randy Stewart, Executive Vice President Enterprise Mortgage Lending
Scott Law, Executive Officer
Terry Shirey, Executive Vice President and Presidentident and CEO of ZB
Eric Ellingsen, Executive President
Jennifer Smith, Executive Officer
Steve Stephens, Executive Vice President; CEO of Amegy Bank
Keith Maio, Executive Vice President; President CEO of the National Bank of Arizona
Dallas Haun, Executive Vice President; President and CEO of Nevada State Bank
Paul Burdiss, Executive CFO
Edward Schreiber, Chief Risk Officer and Executive VP
Alvin Lee, Senior Development
Jerry Atkin, Independent Director
James Abbott, Senior Vice President - Investor Relations
Steven Wheelwright, Independent Director

Zions Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Zions Bancorporation a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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When determining whether Zions Bancorporation offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Zions Bancorporation's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Zions Bancorporation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Zions Bancorporation Stock:
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When running Zions Bancorporation's price analysis, check to measure Zions Bancorporation's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Zions Bancorporation is operating at the current time. Most of Zions Bancorporation's value examination focuses on studying past and present price action to predict the probability of Zions Bancorporation's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zions Bancorporation's price. Additionally, you may evaluate how the addition of Zions Bancorporation to your portfolios can decrease your overall portfolio volatility.
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Is Zions Bancorporation's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Zions Bancorporation. If investors know Zions will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Zions Bancorporation listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Zions Bancorporation is measured differently than its book value, which is the value of Zions that is recorded on the company's balance sheet. Investors also form their own opinion of Zions Bancorporation's value that differs from its market value or its book value, called intrinsic value, which is Zions Bancorporation's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Zions Bancorporation's market value can be influenced by many factors that don't directly affect Zions Bancorporation's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Zions Bancorporation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zions Bancorporation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zions Bancorporation's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.