Zions Bancorporation National Association (ZION)

Name: Zions Bancorporation National Association Financial Statements
Creator: Quarter Results

Financial Services | Banks Regional

Latest reporting period: 2026-03-31

Latest Quarter

2026-03-31

Revenue

$1.2B

Net Income

$233M

Operating Margin

24.9%

Free Cash Flow

$981M

Debt / Assets

91.9%

Values are in USD and rounded to the nearest whole number unless noted.

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Income statement quarterly history for Zions Bancorporation National Association (ZION).
Income Statement (Quarterly)	2026-03-31	2025-03-31	2024-12-31	2024-09-30
Revenue	1,183,000,000	1,199,000,000	1,255,000,000	1,276,000,000
Cost of Revenue	327,000,000	422,000,000	476,000,000	497,000,000
Gross Profit	856,000,000	777,000,000	779,000,000	779,000,000
Operating Expenses
R&D Expenses	0	0	0	0
SG&A Expenses	489,000,000	375,000,000	353,000,000	347,000,000
Operating Expenses	562,000,000	538,000,000	509,000,000	502,000,000
Operating Income	294,000,000	239,000,000	270,000,000	277,000,000
Interest Expense	334,000,000	404,000,000	435,000,000	484,000,000
Income Before Tax	294,000,000	239,000,000	270,000,000	277,000,000
Income Tax Expense	61,000,000	69,000,000	54,000,000	63,000,000
Net Income	233,000,000	170,000,000	216,000,000	214,000,000
Per Share
EPS	1.56	1.13	1.34	1.37
EPS Diluted	0.00	0.00	0.00	0.00

Income statement annual history for Zions Bancorporation National Association (ZION).
Income Statement (Annual)	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Revenue	4,944,000,000	4,993,000,000	4,624,000,000	3,337,000,000	2,923,000,000
Cost of Revenue	1,629,000,000	1,935,000,000	1,641,000,000	0	0
Gross Profit	3,315,000,000	3,058,000,000	2,983,000,000	3,337,000,000	0
Operating Expenses
R&D Expenses	0	0	0	0	0
SG&A Expenses	1,516,000,000	1,412,000,000	1,400,000,000	1,324,000,000	1,171,000,000
Operating Expenses	2,140,000,000	2,046,000,000	2,097,000,000	39,000,000	0
Operating Income	1,175,000,000	1,012,000,000	886,000,000	1,337,000,000	0
Interest Expense	1,557,000,000	1,863,000,000	1,509,000,000	185,000,000	59,000,000
Income Before Tax	1,175,000,000	1,012,000,000	886,000,000	1,152,000,000	1,446,000,000
Income Tax Expense	276,000,000	228,000,000	206,000,000	245,000,000	317,000,000
Net Income	899,000,000	784,000,000	680,000,000	907,000,000	1,129,000,000
Per Share
EPS	6.08	4.95	4.35	5.80	6.90
EPS Diluted	0.00	0.00	0.00	0.00	0.00

Balance sheet quarterly history for Zions Bancorporation National Association (ZION).
Balance Sheet (Quarterly)	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Assets
Cash and Cash Equivalents	2,885,000,000	3,501,000,000	662,000,000	1,997,000,000
Short Term Investments	9,295,000,000	9,129,000,000	-19,078,000,000	11,915,000,000
Net Receivables	0	377,000,000	0	386,000,000
Inventory	0	0	0	0
Total Current Assets	12,180,000,000	13,007,000,000	-14,857,000,000	6,169,000,000
Property Plant Equipment	1,363,000,000	1,366,000,000	1,572,000,000	1,408,000,000
Goodwill and Intangibles	1,091,000,000	1,052,000,000	1,059,000,000	1,065,000,000
Total Assets	88,990,000,000	88,775,000,000	87,203,000,000	89,545,000,000
Liabilities
Account Payables	0	0	0	0
Short Term Debt	2,872,000,000	3,417,000,000	1,525,000,000	7,100,000,000
Total Current Liabilities	78,516,000,000	79,640,000,000	13,799,000,000	1,263,000,000
Long Term Debt	1,472,000,000	950,000,000	740,000,000	651,000,000
Total Liabilities	81,810,000,000	82,651,000,000	81,512,000,000	84,652,000,000
Shareholders Equity
Retained Earnings	7,329,000,000	6,701,000,000	6,212,000,000	5,811,000,000
Total Shareholders Equity	7,180,000,000	6,124,000,000	5,545,000,000	4,893,000,000

Balance sheet annual history for Zions Bancorporation National Association (ZION).
Balance Sheet (Annual)	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Assets
Cash and Cash Equivalents	2,885,000,000	3,501,000,000	662,000,000	1,997,000,000	10,878,000,000
Short Term Investments	9,295,000,000	9,129,000,000	-19,078,000,000	11,915,000,000	24,048,000,000
Net Receivables	0	377,000,000	0	386,000,000	327,000,000
Inventory	0	0	0	0	0
Total Current Assets	12,180,000,000	13,007,000,000	-14,857,000,000	6,169,000,000	65,702,000,000
Property Plant Equipment	1,363,000,000	1,366,000,000	1,572,000,000	1,408,000,000	1,319,000,000
Goodwill and Intangibles	1,091,000,000	1,052,000,000	1,059,000,000	1,065,000,000	1,015,000,000
Total Assets	88,990,000,000	88,775,000,000	87,203,000,000	89,545,000,000	93,200,000,000
Liabilities
Account Payables	0	0	0	0	0
Short Term Debt	2,872,000,000	3,417,000,000	1,525,000,000	7,100,000,000	0
Total Current Liabilities	78,516,000,000	79,640,000,000	13,799,000,000	1,263,000,000	0
Long Term Debt	1,472,000,000	950,000,000	740,000,000	651,000,000	1,012,000,000
Total Liabilities	81,810,000,000	82,651,000,000	81,512,000,000	84,652,000,000	85,737,000,000
Shareholders Equity
Retained Earnings	7,329,000,000	6,701,000,000	6,212,000,000	5,811,000,000	5,175,000,000
Total Shareholders Equity	7,180,000,000	6,124,000,000	5,545,000,000	4,893,000,000	7,463,000,000

Cash flow quarterly history for Zions Bancorporation National Association (ZION).
Cash Flow Statement (Quarterly)	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Operating Activities
Net Income	899,000,000	784,000,000	674,000,000	907,000,000
Depreciation & Amortization	116,000,000	124,000,000	140,000,000	110,000,000
Stock Based Compensation	35,000,000	33,000,000	33,000,000	30,000,000
Change in Working Capital	-24,000,000	177,000,000	-130,000,000	390,000,000
Operating Cash Flow	1,102,000,000	1,148,000,000	903,000,000	1,470,000,000
Investing Activities
Capital Expenditure	-121,000,000	-97,000,000	-113,000,000	-190,000,000
Investments	-121,000,000	-97,000,000	-113,000,000	-190,000,000
Investing Cash Flow	709,000,000	-1,640,000,000	2,352,000,000	1,405,000,000
Financing Activities
Debt Repayment	-230,000,000	-139,000,000	-6,166,000,000	-290,000,000
Common Stock Issued/Repurchased	-35,000,000	-400,000,000	-48,000,000	-193,000,000
Dividends Paid	-267,000,000	-289,000,000	-282,000,000	-269,000,000
Financing Cash Flow	-1,779,000,000	427,000,000	-3,196,000,000	-2,813,000,000
Summary
Free Cash Flow	981,000,000	1,051,000,000	790,000,000	1,280,000,000
Net Change in Cash	0	-65,000,000	59,000,000	62,000,000

Cash flow annual history for Zions Bancorporation National Association (ZION).
Cash Flow Statement (Annual)	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Operating Activities
Net Income	899,000,000	784,000,000	674,000,000	907,000,000	1,129,000,000
Depreciation & Amortization	116,000,000	124,000,000	140,000,000	110,000,000	-14,000,000
Stock Based Compensation	35,000,000	33,000,000	33,000,000	30,000,000	28,000,000
Change in Working Capital	-24,000,000	177,000,000	-130,000,000	390,000,000	-158,000,000
Operating Cash Flow	1,102,000,000	1,148,000,000	903,000,000	1,470,000,000	629,000,000
Investing Activities
Capital Expenditure	-121,000,000	-97,000,000	-113,000,000	-190,000,000	-206,000,000
Investments	-121,000,000	-97,000,000	-113,000,000	-190,000,000	-206,000,000
Investing Cash Flow	709,000,000	-1,640,000,000	2,352,000,000	1,405,000,000	-11,579,000,000
Financing Activities
Debt Repayment	-230,000,000	-139,000,000	-6,166,000,000	-290,000,000	-955,000,000
Common Stock Issued/Repurchased	-35,000,000	-400,000,000	-48,000,000	-193,000,000	-905,000,000
Dividends Paid	-267,000,000	-289,000,000	-282,000,000	-269,000,000	-261,000,000
Financing Cash Flow	-1,779,000,000	427,000,000	-3,196,000,000	-2,813,000,000	11,002,000,000
Summary
Free Cash Flow	981,000,000	1,051,000,000	790,000,000	1,280,000,000	423,000,000
Net Change in Cash	0	-65,000,000	59,000,000	62,000,000	52,000,000