Zions Bancorporation, National Association
(NASDAQ:ZION)

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. The company offers corporate banking services; commercial banking, including a f...

Website: http://www.zionsbancorporation.com

Founded: 1873

Full Time Employees: 9,726

CEO: Harris H. Simmons

Sector: Financial Services

Industry: Banks-Regional

Financial Services Regional Bank

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At a glance:

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Income Statements:

Quarterly

Annual

Unit: USD	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30

interest income:
interest and fees on loans	841,000,000	878,000,000	898,000,000	875,000,000	850,000,000	873,000,000	899,000,000	877,000,000	865,000,000	848,000,000	831,000,000	791,000,000	726,000,000	656,000,000	551,000,000	468,000,000	437,000,000	471,000,000	484,000,000	492,000,000	488,000,000	499,000,000	505,000,000	514,000,000	532,000,000	558,000,000	581,000,000	581,000,000	570,000,000	554,000,000	537,000,000	514,000,000	497,000,000	477,000,000	468,000,000	469,000,000	433,000,000	438,031,000	436,424,000	433,743,000	420,508,000	429,842,000	419,981,000	420,642,000	415,755,000	431,083,000	430,415,000	433,801,000
interest on money market investments	39,000,000	42,000,000	41,000,000	50,000,000	53,000,000	60,000,000	67,000,000	56,000,000	47,000,000	48,000,000	35,000,000	48,000,000	57,000,000	39,000,000	24,000,000	12,000,000	6,000,000	7,000,000	7,000,000	4,000,000	3,000,000	3,000,000	2,000,000	1,000,000	8,000,000	6,000,000	8,000,000	8,000,000	9,000,000	9,000,000	8,000,000	7,000,000	6,000,000	5,000,000	5,000,000	5,000,000	4,000,000	4,161,000	4,934,000	5,564,000	7,029,000	6,144,000	6,018,000	5,785,000	5,218,000	5,913,000	5,483,000	4,888,000
interest on securities	116,000,000	121,000,000	125,000,000	126,000,000	125,000,000	129,000,000	138,000,000	140,000,000	142,000,000	144,000,000	144,000,000	138,000,000	137,000,000	140,000,000	132,000,000	128,000,000	112,000,000	88,000,000	78,000,000	74,000,000	71,000,000	69,000,000	74,000,000	80,000,000	82,000,000	83,000,000	88,000,000	95,000,000	96,000,000	93,000,000	86,000,000	85,000,000	86,000,000	80,000,000	84,000,000	84,000,000	78,000,000	59,574,000	49,337,000	47,645,000	47,364,000	37,573,000	30,231,000	28,809,000	27,473,000	24,963,000	24,377,000	24,502,000
total interest income	996,000,000	1,041,000,000	1,064,000,000	1,051,000,000	1,028,000,000	1,062,000,000	1,104,000,000	1,073,000,000	1,054,000,000	1,040,000,000	1,010,000,000	977,000,000	920,000,000	835,000,000	707,000,000	608,000,000	555,000,000	566,000,000	569,000,000	570,000,000	562,000,000	571,000,000	581,000,000	595,000,000	622,000,000	647,000,000	677,000,000	684,000,000	675,000,000	656,000,000	631,000,000	606,000,000	589,000,000	562,000,000	557,000,000	558,000,000	515,000,000	501,766,000	490,695,000	486,952,000	474,901,000	473,559,000	456,230,000	455,236,000	448,446,000	461,959,000	460,275,000	463,191,000
interest expense:
interest on deposits	275,000,000	299,000,000	313,000,000	312,000,000	326,000,000	371,000,000	403,000,000	390,000,000	376,000,000	395,000,000	366,000,000	220,000,000	82,000,000	38,000,000	19,000,000	7,000,000	6,000,000	7,000,000	7,000,000	7,000,000	9,000,000	13,000,000	18,000,000	23,000,000	51,000,000	62,000,000	69,000,000	66,000,000	57,000,000	48,000,000	38,000,000	29,000,000	20,000,000	16,000,000	15,000,000	14,000,000	13,000,000	12,984,000	12,549,000	11,869,000	11,845,000	12,377,000	12,542,000	12,321,000	12,104,000	12,548,000	12,313,000	12,096,000
interest on short- and long-term borrowings	59,000,000	59,000,000	79,000,000	91,000,000	78,000,000	64,000,000	81,000,000	86,000,000	92,000,000	62,000,000	59,000,000	166,000,000	159,000,000	77,000,000	25,000,000	8,000,000	5,000,000	6,000,000	7,000,000	8,000,000	8,000,000	7,000,000	8,000,000	9,000,000	23,000,000	26,000,000	41,000,000	49,000,000	42,000,000	32,000,000	28,000,000	29,000,000	27,000,000	20,000,000	20,000,000	16,000,000	13,000,000	8,312,000	8,959,000	10,234,000	10,214,000	12,349,000	18,311,000	19,211,000	18,996,000	18,982,000	31,144,000	34,812,000
total interest expense	334,000,000	358,000,000	392,000,000	403,000,000	404,000,000	435,000,000	484,000,000	476,000,000	468,000,000	457,000,000	425,000,000	386,000,000	241,000,000	115,000,000	44,000,000	15,000,000	11,000,000	13,000,000	14,000,000	15,000,000	17,000,000	20,000,000	26,000,000	32,000,000	74,000,000	88,000,000	110,000,000	115,000,000	99,000,000	80,000,000	66,000,000	58,000,000	47,000,000	36,000,000	35,000,000	30,000,000	26,000,000	21,296,000	21,508,000	22,103,000	22,059,000	24,726,000	30,853,000	31,532,000	31,100,000	31,530,000	43,457,000	46,908,000
net interest income	662,000,000	683,000,000	672,000,000	648,000,000	624,000,000	627,000,000	620,000,000	597,000,000	586,000,000	583,000,000	585,000,000	591,000,000	679,000,000	720,000,000	663,000,000	593,000,000	544,000,000	553,000,000	555,000,000	555,000,000	545,000,000	551,000,000	555,000,000	563,000,000	548,000,000	559,000,000	567,000,000	569,000,000	576,000,000	576,000,000	565,000,000	548,000,000	542,000,000	526,000,000	522,000,000	528,000,000	489,000,000	480,470,000	469,187,000	464,849,000	452,842,000	448,833,000	425,377,000	423,704,000	417,346,000	430,429,000	416,818,000	416,283,000
provision for credit losses:
provision for loan and lease losses	-7,000,000	6,000,000	45,000,000	3,000,000	17,000,000	38,000,000	1,000,000	12,000,000	21,000,000					17,500,000	60,000,000
provision for unfunded lending commitments			4,000,000	-4,000,000	1,000,000	-750,000	12,000,000	-7,000,000	-8,000,000					12,000,000	11,000,000
total provision for credit losses	-7,000,000	6,000,000	49,000,000	-1,000,000	18,000,000	41,000,000	13,000,000	5,000,000	13,000,000					43,000,000	71,000,000
net interest income after provision for credit losses	669,000,000	677,000,000	623,000,000	649,000,000	606,000,000	586,000,000	607,000,000	592,000,000	573,000,000					677,000,000	592,000,000
noninterest income:
commercial account fees	48,000,000	47,000,000	47,000,000	46,000,000	45,000,000	47,000,000	46,000,000	45,000,000	44,000,000	43,000,000	43,000,000	45,000,000	43,000,000	41,000,000	40,000,000	37,000,000	41,000,000	34,000,000	34,000,000	34,000,000	32,000,000	32,000,000	32,000,000	30,000,000	31,000,000	31,000,000	31,000,000
card fees	22,000,000	24,000,000	24,000,000	24,000,000	23,000,000	24,000,000	24,000,000	25,000,000	23,000,000	26,000,000	26,000,000	25,000,000	24,000,000	27,000,000	27,000,000	25,000,000	25,000,000	25,000,000	25,000,000	24,000,000	21,000,000	21,000,000	21,000,000	19,000,000	21,000,000	22,000,000	24,000,000
retail and business banking fees	20,000,000	20,000,000	19,000,000	19,000,000	17,000,000	17,000,000	18,000,000	16,000,000	16,000,000	17,000,000	17,000,000	16,000,000	16,000,000	16,000,000	17,000,000	20,000,000	20,000,000	19,000,000	20,000,000	18,000,000	17,000,000	18,000,000	17,000,000	15,000,000	19,000,000	20,000,000	20,000,000
loan-related fees and income	23,000,000	19,000,000	20,000,000	19,000,000	17,000,000	20,000,000	17,000,000	18,000,000	15,000,000	16,000,000	23,000,000	19,000,000	21,000,000	19,000,000	18,000,000	21,000,000	22,000,000	22,000,000	27,000,000	21,000,000	25,000,000	25,000,000	32,000,000	27,000,000	26,000,000	20,000,000	21,000,000
capital markets fees and income	28,000,000	37,000,000	24,000,000	28,000,000	27,000,000
wealth management fees	16,000,000	14,000,000	14,000,000	14,000,000	15,000,000	14,000,000	14,000,000	15,000,000	15,000,000	14,000,000	15,000,000	14,000,000	15,000,000	14,000,000	14,000,000	13,000,000	14,000,000	13,000,000	13,000,000	12,000,000	12,000,000
other customer-related fees	15,000,000	16,000,000	15,000,000	14,000,000	14,000,000	14,000,000	14,000,000	14,000,000	14,000,000	15,000,000	15,000,000	16,000,000	15,000,000	14,000,000	15,000,000	17,000,000	14,000,000	15,000,000	15,000,000	13,000,000	11,000,000	7,000,000	7,000,000	6,000,000	6,000,000	6,000,000	5,000,000
customer-related noninterest income	172,000,000	177,000,000	163,000,000	164,000,000	158,000,000	173,000,000	161,000,000	154,000,000	151,000,000	150,000,000	157,000,000	162,000,000	151,000,000	153,000,000	156,000,000	154,000,000	151,000,000
dividends and other income	12,000,000	10,000,000	15,000,000	12,000,000	7,000,000	9,000,000	5,000,000	22,000,000	6,000,000	8,000,000	12,000,000	26,000,000	11,000,000	9,000,000	-1,000,000
securities gains	3,000,000	21,000,000	11,000,000	14,000,000	6,000,000	8,000,000	9,000,000	4,000,000	-2,000,000	-1,000,000	4,000,000		1,000,000	-5,000,000	6,000,000	1,000,000	-17,000,000	20,000,000	-23,000,000	63,000,000	11,000,000	12,000,000	4,000,000		-6,000,000		2,000,000	-3,000,000	1,000,000	2,000,000	-1,000,000	1,000,000		1,000,000	5,000,000	2,000,000	5,000,000
total noninterest income	187,000,000	208,000,000	189,000,000	190,000,000	171,000,000	193,000,000	172,000,000	179,000,000	156,000,000	148,000,000	180,000,000	189,000,000	160,000,000	153,000,000	165,000,000	172,000,000	142,000,000	190,000,000	139,000,000	205,000,000	169,000,000	166,000,000	157,000,000	117,000,000	134,000,000	152,000,000	146,000,000	132,000,000	132,000,000	140,000,000	136,000,000	138,000,000	138,000,000	140,000,000	139,000,000	132,000,000	132,000,000	128,244,000	144,887,000	125,717,000	116,761,000	124,064,000	130,813,000	421,000	121,822,000	129,397,000	116,072,000	124,850,000
noninterest expense:
salaries and employee benefits	361,000,000	335,000,000	337,000,000	336,000,000	342,000,000	321,000,000	317,000,000	318,000,000	331,000,000	301,000,000	311,000,000	324,000,000	339,000,000	304,000,000	312,000,000	307,000,000	312,000,000	282,000,000	285,000,000	272,000,000	288,000,000	277,000,000	269,000,000	267,000,000	274,000,000	306,000,000	273,000,000	274,000,000	287,000,000	270,000,000	264,000,000	266,000,000	269,000,000	255,000,000	253,000,000	242,000,000	262,000,000	240,601,000	242,251,000	241,341,000	258,338,000	236,037,000	242,023,000	251,133,000	243,519,000	238,738,000	245,520,000	238,764,000
technology, telecom, and information processing	74,000,000	71,000,000	70,000,000	65,000,000	70,000,000	66,000,000	66,000,000	66,000,000	62,000,000	65,000,000	62,000,000	58,000,000	55,000,000	51,000,000	53,000,000	53,000,000	52,000,000
occupancy and equipment	41,000,000	43,000,000	42,000,000	40,000,000	41,000,000	42,000,000	40,000,000	40,000,000	39,000,000	38,000,000	42,000,000	40,000,000	40,000,000	40,000,000	38,000,000	36,000,000	38,000,000
professional and legal services	20,000,000	21,000,000	14,000,000	13,000,000	13,000,000	17,000,000	14,000,000	17,000,000	16,000,000	17,000,000	16,000,000	16,000,000	13,000,000	15,000,000	14,000,000	14,000,000	14,000,000	15,000,000	16,000,000	17,000,000	20,000,000	18,000,000	12,000,000	10,000,000	12,000,000	14,000,000	10,000,000	13,000,000	11,000,000	15,000,000	12,000,000	14,000,000	12,000,000	12,000,000	14,000,000	13,000,000	14,000,000	16,921,000	14,473,000	12,229,000	11,471,000	13,129,000	12,699,000	13,110,000	11,483,000	26,257,000	16,588,000	12,171,000
marketing and business development	13,000,000	30,000,000	11,000,000	12,000,000	11,000,000	10,000,000	12,000,000	13,000,000	10,000,000	11,000,000	10,000,000	13,000,000	12,000,000	11,000,000	11,000,000	9,000,000	8,000,000
deposit insurance and regulatory expense	15,000,000	6,000,000	16,000,000	20,000,000	22,000,000	17,000,000	19,000,000	21,000,000	34,000,000	109,000,000	20,000,000	22,000,000	18,000,000	14,000,000	13,000,000	13,000,000	10,000,000
credit-related expense	5,000,000	7,000,000	6,000,000	6,000,000	6,000,000	6,000,000	6,000,000	6,000,000	7,000,000	7,000,000	6,000,000	7,000,000	6,000,000	8,000,000	8,000,000	7,000,000	7,000,000	7,000,000	7,000,000	6,000,000	6,000,000	6,000,000	6,000,000	6,000,000	4,000,000	4,000,000	2,000,000	8,000,000	6,000,000	6,000,000	5,000,000	7,000,000	7,000,000	6,000,000	7,000,000	8,000,000	8,000,000	7,067,000	6,825,000	5,845,000	5,934,000	7,582,000	6,914,000	8,106,000	5,939,000	7,465,000	6,475,000	7,139,000
other real estate expense								-1,000,000									1,000,000										-2,000,000		-1,000,000		1,000,000				-1,000,000			396,000	-137,000	-527,000	-1,329,000	-536,000	-40,000	-445,000	374,000	-3,467,000	875,000	-266,000
other	33,000,000	35,000,000	31,000,000	35,000,000	33,000,000	30,000,000	28,000,000	29,000,000	27,000,000	33,000,000	29,000,000	28,000,000	29,000,000	28,000,000	30,000,000	25,000,000	22,000,000	67,000,000	48,000,000	58,000,000	44,000,000	47,000,000	76,000,000	73,000,000	45,000,000	72,000,000	51,000,000	-4,000,000	2,000,000		1,000,000	1,000,000	4,000,000	2,000,000	3,000,000	-1,000,000		2,665,000	1,915,000	1,142,000	2,894,000	2,018,000	2,461,000	5,693,000	922,000	2,060,000	2,627,000	707,000
total noninterest expense	562,000,000	546,000,000	527,000,000	527,000,000	538,000,000	509,000,000	502,000,000	509,000,000	526,000,000	581,000,000	496,000,000	508,000,000	512,000,000	471,000,000	479,000,000	464,000,000	464,000,000	449,000,000	429,000,000	428,000,000	435,000,000	425,000,000	442,000,000	430,000,000	408,000,000	472,000,000	415,000,000	424,000,000	430,000,000	419,000,000	420,000,000	428,000,000	412,000,000	417,000,000	413,000,000	405,000,000	414,000,000	404,515,000	403,292,000	381,894,000	395,573,000	402,776,000	396,149,000	404,100,000	397,461,000	422,666,000	438,536,000	406,027,000
income before income taxes	294,000,000	339,000,000	285,000,000	312,000,000	239,000,000	270,000,000	277,000,000	262,000,000	203,000,000	150,000,000	228,000,000	226,000,000	282,000,000	359,000,000	278,000,000	260,000,000	255,000,000	269,000,000	311,000,000	455,000,000	411,000,000	359,000,000	215,000,000	82,000,000	16,000,000	235,000,000	288,000,000	256,000,000	274,000,000	290,000,000	292,000,000	253,000,000	308,000,000	260,000,000	243,000,000	248,000,000	184,000,000	206,886,000	191,957,000	174,180,000	131,885,000	147,420,000	141,779,000	19,459,000	143,201,000	125,573,000	148,997,000	189,522,000
income taxes	61,000,000	76,000,000	63,000,000	68,000,000	69,000,000	54,000,000	63,000,000	61,000,000	50,000,000	24,000,000	53,000,000	51,000,000	78,000,000	75,000,000	61,000,000	57,000,000	52,000,000	56,000,000	71,000,000	101,000,000	89,000,000	75,000,000	40,000,000	16,000,000	2,000,000	52,000,000	66,000,000	58,000,000	61,000,000	64,000,000	69,000,000	56,000,000	70,000,000	137,000,000	83,000,000	80,000,000	45,000,000	69,485,000	64,694,000	60,231,000	41,448,000	44,933,000	40,780,000	5,499,000	51,176,000	43,759,000	53,109,000	69,972,000
net income	233,000,000	263,000,000	222,000,000	244,000,000	170,000,000	216,000,000	214,000,000	201,000,000	153,000,000	126,000,000	175,000,000	175,000,000	204,000,000	284,000,000	217,000,000	203,000,000	203,000,000	213,000,000	240,000,000	354,000,000	322,000,000	284,000,000	175,000,000	66,000,000	14,000,000	183,000,000	222,000,000	198,000,000	213,000,000	226,000,000	223,000,000	197,000,000	238,000,000	123,000,000	160,000,000	168,000,000	139,000,000	137,401,000	127,263,000	113,949,000	90,437,000	102,487,000	100,999,000	13,960,000	92,025,000	81,814,000	95,888,000	119,550,000
yoy	37.06%	21.76%	3.74%	21.39%	11.11%	71.43%	22.29%	14.86%	-25.00%	-55.63%	-19.35%	-13.79%	0.49%	33.33%	-9.58%	-42.66%	-36.96%	-25.00%	37.14%	436.36%	2200.00%	55.19%	-21.17%	-66.67%	-93.43%	-19.03%	-0.45%	0.51%	-10.50%	83.74%	39.38%	17.26%	71.22%	-10.48%	25.72%	47.43%	53.70%	34.07%	26.00%	716.25%	-1.73%	25.27%	5.33%	-88.32%
qoq	-11.41%	18.47%	-9.02%	43.53%	-21.30%	0.93%	6.47%	31.37%	21.43%	-28.00%	0.00%	-14.22%	-28.17%	30.88%	6.90%	0.00%	-4.69%	-11.25%	-32.20%	9.94%	13.38%	62.29%	165.15%	371.43%	-92.35%	-17.57%	12.12%	-7.04%	-5.75%	1.35%	13.20%	-17.23%	93.50%	-23.12%	-4.76%	20.86%	1.16%	7.97%	11.68%	26.00%	-11.76%	1.47%	623.49%	-84.83%	12.48%	-14.68%	-19.79%
preferred stock dividends	-1,000,000	-1,000,000	-1,000,000	-1,000,000	-1,000,000	-10,000,000	-10,000,000	-11,000,000	-10,000,000	-10,000,000	-7,000,000	-9,000,000	-6,000,000	-7,000,000	-6,000,000	-8,000,000	-8,000,000	-6,000,000	-6,000,000	-9,000,000	-8,000,000	-9,000,000	-8,000,000	-9,000,000	-8,000,000	-9,000,000	-8,000,000	-9,000,000	-8,000,000	-9,000,000	-8,000,000	-10,000,000	-7,000,000	-10,000,000	-8,000,000	-12,000,000										-15,053,000	-16,761,000	-15,060,000
net earnings applicable to common shareholders	232,000,000	262,000,000	221,000,000	243,000,000	169,000,000	200,000,000	204,000,000	190,000,000	143,000,000	116,000,000	168,000,000	166,000,000	198,000,000	277,000,000	211,000,000	195,000,000	195,000,000	207,000,000	234,000,000	345,000,000	314,000,000	275,000,000	167,000,000	57,000,000	6,000,000	174,000,000	214,000,000	189,000,000	205,000,000	217,000,000	215,000,000	187,000,000	231,000,000	114,000,000	152,000,000	154,000,000	129,000,000	124,990,000	116,895,000	90,647,000	78,777,000	88,197,000	84,238,000	-1,100,000	75,279,000	66,761,000	79,127,000	104,490,000
weighted-average common shares outstanding during the period:
basic shares	146,946,000,000	-21,000,000	147,045,000,000	147,044,000,000	147,321,000,000	13,000,000	147,138,000,000	147,115,000,000	147,338,000,000	-36,000,000	147,648,000,000	147,692,000,000	148,015,000,000	-446,000,000	149,628,000,000	150,635,000,000	151,285,000,000	-2,246,000,000	160,221,000,000	162,742,000,000	163,551,000,000	-27,000,000	163,608,000,000	163,542,000,000	164,143,000,000	-3,001,000,000	173,160,000,000	179,156,000,000	184,767,000,000	-1,490,000,000	192,973,000,000	195,583,000,000	196,722,000,000	-717,000,000	200,332,000,000	201,822,000,000	202,347,000,000	-325,000	204,312,000	204,236,000	203,967,000	208,000	203,668,000	202,888,000	202,603,000	3,564,000	196,687,000	184,668,000
diluted shares	147,038,000,000	-18,000,000	147,125,000,000	147,053,000,000	147,387,000,000	13,000,000	147,150,000,000	147,120,000,000	147,343,000,000	-38,000,000	147,653,000,000	147,696,000,000	148,038,000,000	-495,000,000	149,792,000,000	150,838,000,000	151,687,000,000	-2,226,000,000	160,480,000,000	163,054,000,000	163,887,000,000	-416,000,000	163,779,000,000	164,425,000,000	172,998,000,000	-2,391,000,000	181,870,000,000	189,098,000,000	195,241,000,000	-2,156,000,000	205,765,000,000	209,247,000,000	210,243,000,000	287,000,000	209,106,000,000	208,183,000,000	210,405,000,000	-156,000	204,714,000	204,536,000	204,096,000	187,000	204,155,000	202,888,000	202,944,000	3,529,000	197,271,000	185,286,000
net earnings per common share:
basic	1,560,000	1,760,000	1,480,000	1,630,000	1,130,000	1,340,000	1,370,000	1,280,000	960,000	780,000	1,130,000	1,110,000	1,330,000	1,840,000	1,400,000	1,290,000	1,270,000	1,360,000	1,450,000	2,080,000	1,900,000	1,660,000	1,010,000	340,000	40,000	1,030,000	1,230,000	1,050,000	1,100,000	1,140,000	1,110,000	950,000	1,160,000	570,000	750,000	760,000	630,000	610	570	440	380	430	410	-10	370	320	400	560
diluted	1,560,000	1,760,000	1,480,000	1,630,000	1,130,000	1,340,000	1,370,000	1,280,000	960,000	780,000	1,130,000	1,110,000	1,330,000	1,830,000	1,400,000	1,290,000	1,270,000	1,360,000	1,450,000	2,080,000	1,900,000	1,640,000	1,010,000	340,000	40,000	960,000	1,170,000	990,000	1,040,000	1,070,000	1,040,000	890,000	1,090,000	540,000	720,000	730,000	610,000	600	570	440	380	430	410	-10	370	320	400	560
capital markets fees						37,000,000	28,000,000	21,000,000	24,000,000	19,000,000	18,000,000	27,000,000	17,000,000
fair value and nonhedge derivative income						-750,000	-3,000,000	-1,000,000	1,000,000	-9,000,000	7,000,000	1,000,000	-3,000,000	-4,000,000	4,000,000																									-1,910,000		-199,750	-1,555,000	1,844,000		-2,607,250	44,000
benefit from credit losses:
benefit from loan and lease losses										34,000,000	44,000,000	46,000,000	46,000,000			39,000,000	-29,000,000
benefit from unfunded lending commitments										-12,000,000	-3,000,000		-1,000,000			2,000,000	-4,000,000	2,000,000	-1,000,000	-10,000,000	-9,000,000	-6,000,000	10,000,000	7,000,000	18,000,000	-3,000,000	2,000,000	1,000,000	2,000,000			7,000,000	-7,000,000	-1,000,000	-4,000,000	3,000,000	-5,000,000	3,296,000	-3,165,000	-4,246,000	-5,812,000	-6,551,000	1,428,000	-2,326,000	1,211,000	1,699,000	-16,095,000	6,779,000
total benefit from credit losses											41,000,000	46,000,000	45,000,000			41,000,000	-33,000,000	25,000,000	-46,000,000	-123,000,000	-132,000,000	-67,000,000	55,000,000	168,000,000	258,000,000	4,000,000	10,000,000	21,000,000	4,000,000
net interest income after benefit from credit losses										583,000,000	544,000,000	545,000,000	634,000,000			552,000,000	577,000,000	528,000,000	601,000,000	678,000,000	677,000,000	618,000,000	500,000,000	395,000,000	290,000,000	555,000,000	557,000,000
capital markets and foreign exchange fees														22,000,000	25,000,000	21,000,000	15,000,000	24,000,000	17,000,000	17,000,000	15,000,000	19,000,000	16,000,000	18,000,000	24,000,000	19,000,000	23,000,000
fair value and nonhedge derivative gain																10,000,000	6,000,000	3,750,000	2,000,000	-5,000,000	18,000,000	-3,750,000	8,000,000
dividends and other investment income																7,000,000	2,000,000	6,000,000	9,000,000	8,000,000	7,000,000	4,250,000	6,000,000	3,000,000	-3,000,000	4,500,000	4,000,000	9,000,000	9,000,000	9,000,000	11,000,000	11,000,000	11,000,000	9,000,000	9,000,000	10,000,000	12,000,000	4,143,000	9,045,000	6,226,000	4,639,000	2,986,000	8,449,000	9,343,000	9,372,000	16,479,000	11,324,000	7,995,000
benefit from loan losses																		23,000,000	-45,000,000	-113,000,000	-123,000,000	-61,000,000	45,000,000	161,000,000	240,000,000	7,000,000	8,000,000	20,000,000	2,000,000	7,000,000	-11,000,000	5,000,000	-40,000,000	-11,000,000	5,000,000	7,000,000	23,000,000	-2,687,000	18,825,000	34,492,000	42,145,000	22,701,000	18,262,000	566,000	-1,494,000	11,587,000	-54,643,000	-54,416,000
customer-related fees																		152,000,000	151,000,000	139,000,000	133,000,000	138,000,000	139,000,000	130,000,000	143,000,000	133,000,000	140,000,000	130,000,000	120,000,000	129,000,000	125,000,000	125,000,000	123,000,000	128,000,000	122,000,000	121,000,000	115,000,000
occupancy																		32,000,000	33,000,000	33,000,000	33,000,000	33,000,000	33,000,000	32,000,000	33,000,000	34,000,000	34,000,000	32,000,000	33,000,000	36,000,000	33,000,000	32,000,000	31,000,000	28,000,000	35,000,000	32,000,000	33,000,000	32,337,000	33,536,000	29,621,000	29,779,000	30,618,000	29,477,000	30,095,000	29,339,000	29,962,000	28,495,000	28,939,000
furniture, equipment and software																		33,000,000	31,000,000	32,000,000	32,000,000	30,000,000	32,000,000	32,000,000	32,000,000	34,000,000	34,000,000	35,000,000	32,000,000	31,000,000	30,000,000	32,000,000	33,000,000	34,000,000	32,000,000	32,000,000	32,000,000	33,022,000	29,090,000	30,550,000	32,015,000	31,820,000	30,416,000	31,247,000	29,713,000	30,858,000	28,524,000	27,986,000
advertising																		6,000,000	4,000,000	4,000,000	5,000,000	6,000,000	7,000,000	3,000,000	3,000,000	2,000,000	6,000,000	5,000,000	5,000,000	6,000,000	8,000,000	7,000,000	5,000,000	5,000,000	6,000,000	6,000,000	5,000,000	5,262,000	5,985,000	5,268,000	5,628,000	5,692,000	6,136,000	6,511,000	6,975,000	5,805,000	6,094,000	6,803,000
fdic premiums																		7,000,000	5,000,000	6,000,000	7,000,000	7,000,000	7,000,000	7,000,000	5,000,000	6,000,000	7,000,000	6,000,000	6,000,000	6,000,000	18,000,000	14,000,000	13,000,000	13,000,000	15,000,000	13,000,000	12,000,000	11,268,000	11,673,000	9,580,000	7,154,000	9,194,000	8,500,000	8,609,000	8,119,000	8,031,000	8,204,000	8,017,000
wealth management and trust fees																						16,000,000	14,000,000	15,000,000	16,000,000	15,000,000	16,000,000
fair value and nonhedge derivative loss																								-12,000,000														-1,169,750	-184,000		-2,585,000				-1,088,000			-1,934,000
securities losses																								-4,000,000
net interest income after benefit from loan losses																												548,000,000	572,000,000	569,000,000	576,000,000	543,000,000	582,000,000	537,000,000	517,000,000	521,000,000	466,000,000	483,157,000	450,362,000	430,357,000	410,697,000	426,132,000	407,115,000	423,138,000	418,840,000	418,842,000	471,461,000	470,699,000
service charges and fees on deposit accounts																												41,000,000	40,000,000	41,000,000	42,000,000	42,000,000	42,000,000	44,000,000	42,000,000	43,000,000	42,000,000	43,326,000	44,490,000	42,108,000	41,261,000	42,445,000	43,196,000	41,616,000	41,194,000	43,616,000	44,941,000	42,873,000
other service charges, commissions and fees																												58,000,000	54,000,000	60,000,000	59,000,000	55,000,000	55,000,000	57,000,000	55,000,000	56,000,000	49,000,000	52,145,000	54,141,000	51,906,000	49,474,000	54,758,000	52,837,000	51,705,000	47,486,000	49,479,000	51,005,000	47,513,000
wealth management and trust income																												13,000,000	13,000,000	13,000,000	12,000,000	14,000,000	12,000,000
loan sales and servicing income																												9,000,000	5,000,000	7,000,000	5,000,000	7,000,000	6,000,000	6,000,000	6,000,000	6,000,000	7,000,000	6,008,000	11,301,000	10,178,000	7,979,000	6,915,000	7,728,000	8,382,000	7,706,000	6,447,000	6,793,000	6,335,000
capital markets and foreign exchange																												9,000,000	8,000,000	8,000,000	7,000,000	7,000,000	8,000,000	9,000,000	8,000,000	6,000,000	7,000,000	5,775,000	5,726,000	4,545,000	5,667,000	6,255,000	6,624,000	7,275,000	5,501,000	6,213,000	5,361,000	5,842,000
preferred stock redemption																																		1,000,000		-2,000,000				-9,759,000
wealth management income																																		7,500,000	11,000,000	10,000,000	10,000,000	10,719,000	9,973,000	8,788,000	7,954,000	7,953,000	7,496,000	8,160,000	7,615,000	8,078,000	7,438,000	7,980,000
amortization of core deposit and other intangibles																																		1,000,000	2,000,000	2,000,000	2,000,000	1,909,000	1,951,000	1,979,000	2,014,000	2,273,000	2,298,000	2,318,000	2,358,000	2,640,000	2,665,000	2,736,000
net income applicable to controlling interest																																				168,000,000										81,814,000	95,888,000	119,550,000
dividends on preferred stock																																					-10,000,000	-8,892,750	-10,368,000	-13,543,000	-11,660,000	-12,141,750	-16,761,000	-15,060,000	-16,746,000
equity securities gains																																						-3,432,000	8,441,000	2,709,000	-550,000	53,000	3,630,000	4,839,000	3,353,000	9,606,000	440,000	2,513,000
fixed income securities gains																																						10,000	39,000	25,000	28,000	-7,000	-53,000	-138,436,000	-239,000	-11,620,000	-13,901,000	5,026,000
debt extinguishment cost																																								106,000	247,000	135,000		2,395,000			44,422,000
impairment losses on investment securities
less amounts recognized in other comprehensive income
net impairment losses on investment securities
impairment losses on investment securities:
noncredit-related losses on securities not expected to be sold
net income applicable to noncontrolling interests

Balance Sheets:

Quarterly

Annual

Unit: USD	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-03-31	2016-12-31	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30

assets
cash and due from banks	661,000,000	715,000,000	771,000,000	780,000,000	833,000,000	714,000,000	1,114,000,000	717,000,000	709,000,000	716,000,000	700,000,000	701,000,000	607,000,000	657,000,000	549,000,000	559,000,000	700,000,000	605,000,000	597,000,000	525,000,000	576,000,000	543,000,000	576,000,000	570,000,000	730,000,000	705,000,000	796,000,000	538,000,000	536,000,000	614,000,000	517,000,000	468,000,000	470,000,000	548,000,000	541,000,000	566,000,000	737,327,000	560,262,000	517,803,000	798,319,000	602,694,000	758,238,000	720,858,000	845,905,000	588,691,000	1,384,131,000
money market investments:
interest-bearing deposits	1,741,000,000	1,671,000,000	2,395,000,000	1,781,000,000	1,980,000,000	1,970,000,000	1,253,000,000	2,276,000,000	1,688,000,000	1,488,000,000	1,704,000,000	1,531,000,000	2,727,000,000	1,340,000,000	1,291,000,000	1,249,000,000	5,093,000,000	8,917,000,000	9,442,000,000	10,086,000,000	8,427,000,000	1,074,000,000	856,000,000	1,579,000,000	1,225,000,000	743,000,000	1,149,000,000	634,000,000	702,000,000	619,000,000	590,000,000	698,000,000	717,000,000	782,000,000	765,000,000	1,761,000,000	1,410,852,000	2,154,959,000	3,039,090,000	6,108,124,000	6,558,678,000	7,661,311,000	6,791,762,000	7,174,134,000	7,464,865,000	6,386,353,000
federal funds sold and securities purchased under agreements to resell	1,007,000,000	2,420,000,000	1,008,000,000	1,140,000,000	936,000,000	2,203,000,000	986,000,000	936,000,000	894,000,000	937,000,000	1,427,000,000	781,000,000	688,000,000	2,426,000,000
trading securities, at fair value	104,000,000		134,000,000	180,000,000	64,000,000		68,000,000
investment securities:
available-for-sale, at fair value	9,184,000,000		9,170,000,000	9,116,000,000	9,223,000,000		9,495,000,000	9,483,000,000	9,931,000,000	10,300,000,000	10,148,000,000	10,832,000,000	11,594,000,000	11,915,000,000	23,233,000,000	25,297,000,000	26,145,000,000		20,461,000,000	18,170,000,000	16,644,000,000	15,731,000,000	14,662,000,000	14,201,000,000	14,231,000,000	13,725,000,000	14,033,000,000	14,672,000,000	14,904,000,000	14,737,000,000	14,625,000,000	14,627,000,000	14,896,000,000	15,161,000,000	15,242,000,000	15,606,000,000	13,372,194,000	9,477,089,000	8,701,885,000	7,643,116,000	6,000,011,000	4,652,415,000	4,450,502,000	3,844,248,000	3,563,408,000	3,462,809,000
held-to-maturity, at amortized cost	8,688,000,000		9,059,000,000	9,272,000,000	9,481,000,000		9,857,000,000	10,065,000,000	10,209,000,000	10,382,000,000	10,559,000,000	10,753,000,000	10,961,000,000	11,126,000,000	423,000,000	614,000,000	439,000,000		459,000,000	620,000,000	583,000,000	636,000,000	592,000,000	688,000,000	585,000,000	592,000,000	658,000,000	695,000,000	764,000,000	774,000,000	751,000,000	878,000,000	768,000,000	770,000,000	746,000,000	815,000,000		713,392,000	631,646,000		544,168,000	570,869,000	590,950,000
total investment securities	17,872,000,000	18,359,000,000	18,229,000,000	18,388,000,000	18,704,000,000	19,638,000,000	19,352,000,000	19,572,000,000	20,199,000,000	20,730,000,000	20,738,000,000	21,617,000,000	22,567,000,000	23,506,000,000								16,633,000,000				14,499,000,000				15,617,000,000	15,552,000,000	15,712,000,000	15,807,000,000	16,079,000,000	16,044,000,000
loans held for sale	140,000,000	168,000,000	215,000,000	172,000,000	112,000,000	70,000,000	97,000,000	112,000,000	12,000,000	53,000,000	41,000,000	36,000,000	5,000,000	8,000,000	25,000,000	42,000,000	43,000,000	65,000,000	67,000,000	66,000,000	77,000,000	81,000,000	89,000,000	105,000,000	140,000,000	129,000,000	141,000,000	105,000,000	69,000,000	93,000,000	61,000,000	84,000,000	90,000,000	44,000,000	71,000,000	128,000,000	171,934,000	146,512,000	108,764,000	149,880,000	139,122,000	152,448,000	128,946,000	132,504,000	109,139,000	164,374,000
loans and leases, net of unearned income and fees *	61,312,000,000
allowance for loan and lease losses	667,000,000		679,000,000	690,000,000
loans held for investment, net of allowance	60,645,000,000		59,623,000,000	60,143,000,000	59,244,000,000		58,190,000,000	57,719,000,000	57,410,000,000		56,212,000,000	56,266,000,000	55,713,000,000		53,377,000,000	51,862,000,000	50,764,000,000		50,187,000,000	50,863,000,000	52,826,000,000		53,892,000,000	54,269,000,000	49,197,000,000		48,325,000,000	48,114,000,000	47,109,000,000		45,330,000,000	44,740,000,000	44,610,000,000		43,615,000,000	42,198,000,000		41,893,230,000
other noninterest-bearing investments	994,000,000		1,098,000,000	1,182,000,000	1,045,000,000		946,000,000	987,000,000	922,000,000	950,000,000	929,000,000	956,000,000	1,169,000,000	1,130,000,000	983,000,000	840,000,000	829,000,000		868,000,000	895,000,000	815,000,000	817,000,000	830,000,000	813,000,000	916,000,000	898,000,000	982,000,000	1,056,000,000	993,000,000	1,046,000,000	1,027,000,000	1,054,000,000	1,073,000,000	1,029,000,000	1,008,000,000	973,000,000	884,407,000	850,578,000	855,813,000	848,144,000	851,225,000	863,443,000	870,125,000	865,950,000	855,743,000	854,978,000
premises, equipment and software	1,356,000,000		1,358,000,000	1,361,000,000	1,362,000,000		1,372,000,000	1,383,000,000	1,396,000,000	1,400,000,000	1,410,000,000	1,414,000,000	1,411,000,000	1,408,000,000	1,388,000,000	1,372,000,000	1,346,000,000		1,282,000,000	1,239,000,000	1,236,000,000	1,209,000,000	1,187,000,000	1,173,000,000	1,144,000,000	1,142,000,000	1,146,000,000	1,133,000,000	1,125,000,000	1,124,000,000	1,111,000,000	1,099,000,000	1,098,000,000	1,094,000,000	1,083,000,000	1,047,000,000	1,019,508,000
goodwill and intangibles	1,089,000,000	1,084,000,000	1,094,000,000	1,096,000,000	1,104,000,000	1,055,000,000	1,053,000,000	1,055,000,000	1,057,000,000	1,059,000,000	1,060,000,000	1,062,000,000	1,063,000,000	1,065,000,000	1,034,000,000	1,015,000,000	1,015,000,000	1,015,000,000	1,015,000,000	1,015,000,000	1,016,000,000	1,016,000,000	1,016,000,000	1,014,000,000	1,014,000,000	1,014,000,000	1,014,000,000	1,014,000,000	1,014,000,000	1,015,000,000	1,015,000,000	1,015,000,000	1,016,000,000
other real estate owned	14,000,000		5,000,000	5,000,000	2,000,000		5,000,000	4,000,000	6,000,000	6,000,000	7,000,000	3,000,000	6,000,000	3,000,000	3,000,000		4,000,000		21,000,000	23,000,000	3,000,000	4,000,000	6,000,000	5,000,000	6,000,000	8,000,000	4,000,000	5,000,000	6,000,000	4,000,000	4,000,000	5,000,000	5,000,000	4,000,000	3,000,000	3,000,000	4,255,000	8,354,000	10,411,000	7,092,000	12,799,000	13,269,000	17,256,000	18,916,000	27,418,000	27,725,000
other assets *	2,334,000,000
total assets	87,957,000,000	89,554,000,000	88,533,000,000	88,893,000,000	87,992,000,000	88,823,000,000	87,032,000,000	87,606,000,000	87,060,000,000	87,203,000,000	87,269,000,000	87,230,000,000	88,573,000,000	89,545,000,000	88,474,000,000	87,784,000,000	91,126,000,000	87,397,000,000	88,306,000,000	87,208,000,000	85,121,000,000	81,479,000,000	78,357,000,000	76,447,000,000	71,467,000,000	69,172,000,000	70,361,000,000	70,065,000,000	69,195,000,000	68,746,000,000	66,731,000,000	66,457,000,000	66,481,000,000	66,288,000,000	65,564,000,000
liabilities and shareholders’ equity
deposits:
noninterest-bearing demand	27,081,000,000		26,133,000,000	25,413,000,000	24,792,000,000		24,973,000,000	24,731,000,000	25,137,000,000	26,244,000,000	26,733,000,000	28,670,000,000	30,974,000,000	35,777,000,000	39,133,000,000	40,289,000,000	41,937,000,000		39,150,000,000	38,128,000,000	35,882,000,000	32,494,000,000	31,338,000,000	30,714,000,000	24,380,000,000	23,576,000,000	23,770,000,000	22,947,000,000	23,259,000,000	23,645,000,000	24,067,000,000	24,007,000,000	23,909,000,000	23,886,000,000	24,011,000,000	24,410,000,000	24,115,112,000	22,276,600,000	21,872,274,000	22,276,664,000	21,572,022,000	21,557,584,000	20,854,630,000	20,528,287,000	19,770,405,000	19,609,990,000
interest-bearing:
savings and money market	40,165,000,000	39,253,000,000	38,689,000,000	38,254,000,000	39,860,000,000	38,796,000,000	39,242,000,000	38,596,000,000	38,879,000,000	38,721,000,000	37,090,000,000	33,394,000,000	30,897,000,000	33,566,000,000	35,389,000,000	37,346,000,000	38,864,000,000		37,046,000,000	36,037,000,000	35,762,000,000	34,571,000,000	32,305,000,000	31,307,000,000	28,901,000,000	28,790,000,000	27,427,000,000	26,470,000,000	26,348,000,000	26,120,000,000	25,462,000,000	25,562,000,000	25,473,000,000	25,620,000,000	25,179,000,000	26,071,000,000	26,363,908,000	25,540,525,000	25,723,996,000	25,672,356,000	24,690,359,000	24,744,288,000	24,540,927,000	24,583,636,000	23,742,911,000	23,308,114,000
time	9,661,000,000	10,493,000,000	10,056,000,000	10,133,000,000	11,040,000,000	10,898,000,000	11,503,000,000	10,443,000,000	10,221,000,000	9,996,000,000	11,576,000,000	12,259,000,000	7,337,000,000	2,309,000,000	1,473,000,000	1,426,000,000	1,550,000,000	2,020,000,000	1,688,000,000	1,940,000,000	2,209,000,000	2,588,000,000	3,451,000,000	3,663,000,000	4,237,000,000	4,719,000,000	4,942,000,000	4,915,000,000	4,928,000,000	4,336,000,000	4,256,000,000	4,011,000,000	3,581,000,000	3,115,000,000	2,909,000,000	2,994,000,000	2,756,810,000	2,336,088,000	2,071,688,000	2,130,680,000	2,216,206,000	2,263,146,000	2,344,818,000	2,406,924,000	2,441,756,000	2,500,303,000
total deposits	76,907,000,000		74,878,000,000	73,800,000,000	75,692,000,000		75,718,000,000	73,770,000,000	74,237,000,000	74,961,000,000	75,399,000,000	74,323,000,000	69,208,000,000	71,652,000,000	75,995,000,000	79,061,000,000	82,351,000,000		77,884,000,000	76,105,000,000	73,853,000,000	69,653,000,000	67,094,000,000	65,684,000,000	57,518,000,000	57,085,000,000	56,139,000,000	54,332,000,000	54,535,000,000	54,101,000,000	53,785,000,000	53,580,000,000	52,963,000,000	52,621,000,000	52,099,000,000
federal funds and other short-term borrowings *	382,000,000
long-term debt	1,963,000,000	1,153,000,000	1,473,000,000	970,000,000	964,000,000	600,000,000	548,000,000	546,000,000	544,000,000	542,000,000	540,000,000	538,000,000	663,000,000	651,000,000	647,000,000	671,000,000	689,000,000	1,211,000,000	1,020,000,000	1,308,000,000	1,299,000,000	1,336,000,000	1,347,000,000	1,353,000,000	1,795,000,000	1,723,000,000	1,242,000,000	1,236,000,000	1,228,000,000	724,000,000	879,000,000	383,000,000	383,000,000	383,000,000	383,000,000	383,000,000	534,850,000	698,712,000	802,448,000	817,348,000	944,752,000	1,050,938,000	1,089,321,000	1,092,282,000	1,113,677,000	1,933,136,000
reserve for unfunded lending commitments	46,000,000		46,000,000	42,000,000	46,000,000		42,000,000	30,000,000	37,000,000	45,000,000	57,000,000	60,000,000	60,000,000	61,000,000	49,000,000	38,000,000	36,000,000		38,000,000	39,000,000	49,000,000	58,000,000	64,000,000	54,000,000	47,000,000	59,000,000	62,000,000	60,000,000	59,000,000	57,000,000	58,000,000	58,000,000	51,000,000	58,000,000	59,000,000	60,000,000	64,911,000	64,780,000	69,026,000	74,838,000	81,389,000	79,961,000	82,287,000	81,076,000	79,377,000	95,472,000
other liabilities *	1,363,000,000
total liabilities	80,661,000,000	82,958,000,000	81,668,000,000	82,297,000,000	81,665,000,000	82,770,000,000	80,647,000,000	81,581,000,000	81,231,000,000	81,512,000,000	81,954,000,000	81,947,000,000	83,389,000,000	84,652,000,000	83,778,000,000	82,152,000,000	84,832,000,000	79,529,000,000	80,532,000,000	79,175,000,000	77,188,000,000	73,593,000,000	70,689,000,000	68,872,000,000	63,995,000,000	61,819,000,000	62,852,000,000	62,466,000,000	61,607,000,000	61,168,000,000	59,178,000,000	58,836,000,000	58,837,000,000	58,609,000,000	57,803,000,000	57,733,000,000	55,604,859,000	52,016,609,000	51,554,176,000	52,162,006,000	50,772,832,000	50,835,284,000	50,101,633,000	49,839,344,000	48,136,711,000	48,411,185,000
shareholders’ equity:
preferred stock, without par value; authorized 4,400 shares	66,000,000		66,000,000	66,000,000	66,000,000		440,000,000	440,000,000	440,000,000	440,000,000	440,000,000	440,000,000	440,000,000	440,000,000	440,000,000	440,000,000	440,000,000		440,000,000	440,000,000	566,000,000	566,000,000	566,000,000	566,000,000	566,000,000	566,000,000	566,000,000	566,000,000	566,000,000	566,000,000	566,000,000	566,000,000	566,000,000
common stock (0.001 par value...	1,669,000,000		1,721,000,000	1,713,000,000	1,706,000,000		1,717,000,000	1,713,000,000	1,705,000,000		1,726,000,000	1,722,000,000	1,715,000,000		1,799,000,000	1,845,000,000	1,889,000,000		2,245,000,000	2,565,000,000	2,653,000,000	2,686,000,000	2,680,000,000	2,675,000,000	2,668,000,000	2,735,000,000	3,002,000,000	3,271,000,000
retained earnings	7,496,000,000		7,134,000,000	6,981,000,000	6,805,000,000		6,564,000,000	6,421,000,000	6,293,000,000	6,212,000,000	6,157,000,000	6,051,000,000	5,949,000,000	5,811,000,000	5,597,000,000	5,447,000,000	5,311,000,000		5,025,000,000	4,853,000,000	4,566,000,000	4,309,000,000	4,090,000,000	3,979,000,000	3,979,000,000	4,009,000,000	3,892,000,000	3,737,000,000	3,603,000,000	3,456,000,000	3,296,000,000	3,139,000,000	2,999,000,000	2,807,000,000	2,700,000,000	2,435,000,000	2,321,571,000	2,110,069,000	2,031,270,000	1,966,910,000	1,894,623,000	1,823,043,000	1,836,619,000	1,769,705,000	1,711,785,000	1,640,785,000
accumulated other comprehensive income	-1,935,000,000		-2,056,000,000	-2,164,000,000	-2,250,000,000		-2,336,000,000	-2,549,000,000	-2,609,000,000	-2,692,000,000	-3,008,000,000	-2,930,000,000	-2,920,000,000	-3,112,000,000	-3,140,000,000	-2,100,000,000	-1,346,000,000		64,000,000	175,000,000	148,000,000	325,000,000	332,000,000	355,000,000	259,000,000	43,000,000	49,000,000	25,000,000	-122,000,000	-250,000,000	-361,000,000	-315,000,000	-267,000,000	-139,000,000	-57,000,000	-111,000,000	-121,581,000	23,652,000	-11,653,000	-54,612,000	-16,975,000	-35,172,000	-114,909,000	-128,041,000	-110,927,000	-136,837,000
total shareholders’ equity	7,296,000,000	6,596,000,000	6,865,000,000	6,596,000,000	6,327,000,000	6,053,000,000	6,385,000,000	6,025,000,000	5,829,000,000	5,691,000,000	5,315,000,000	5,283,000,000	5,184,000,000	4,893,000,000	4,696,000,000	5,632,000,000	6,294,000,000	7,868,000,000	7,774,000,000	8,033,000,000	7,933,000,000	7,886,000,000	7,668,000,000	7,575,000,000	7,472,000,000	7,353,000,000	7,509,000,000	7,599,000,000	7,588,000,000	7,578,000,000	7,553,000,000	7,621,000,000	7,644,000,000	7,679,000,000	7,761,000,000	7,730,000,000	7,634,306,000	7,626,383,000	7,625,737,000	7,507,519,000	7,638,095,000	7,530,175,000	7,454,298,000	7,369,530,000	7,322,159,000	6,700,090,000
total liabilities and shareholders’ equity	87,957,000,000	89,554,000,000	88,533,000,000	88,893,000,000	87,992,000,000	88,823,000,000	87,032,000,000	87,606,000,000	87,060,000,000	87,203,000,000	87,269,000,000	87,230,000,000	88,573,000,000	89,545,000,000	88,474,000,000	87,784,000,000	91,126,000,000	87,397,000,000	88,306,000,000	87,208,000,000	85,121,000,000	81,479,000,000	78,357,000,000	76,447,000,000	71,467,000,000	69,172,000,000	70,361,000,000	70,065,000,000	69,195,000,000	68,746,000,000	66,731,000,000	66,457,000,000	66,481,000,000	66,288,000,000	65,564,000,000
total money market investments		4,091,000,000				4,173,000,000												11,046,000,000
trading securities		114,000,000				36,000,000
available-for-sale		9,109,000,000				9,621,000,000												18,365,000,000
held-to-maturity		9,250,000,000				10,017,000,000												562,000,000
loans and leases: 2
commercial		31,389,000,000				30,671,000,000
commercial real estate		13,562,000,000				13,532,000,000												12,136,000,000
consumer		15,470,000,000				14,344,000,000												10,267,000,000
total loans and leases		60,421,000,000				58,547,000,000												51,983,000,000
total interest-earning assets		83,153,000,000				82,464,000,000												82,267,000,000
allowance for credit losses on loans and debt securities		-687,000,000				-689,000,000												-612,000,000
other assets		5,289,000,000	2,603,000,000	2,665,000,000	2,606,000,000	5,279,000,000	2,596,000,000	2,845,000,000	2,767,000,000	2,769,000,000	3,041,000,000	2,863,000,000	2,617,000,000	2,924,000,000	2,845,000,000	2,357,000,000	2,021,000,000	4,122,000,000	1,744,000,000	1,811,000,000	1,414,000,000	1,638,000,000	1,649,000,000	1,604,000,000	1,569,000,000	1,336,000,000	1,329,000,000	1,331,000,000	1,219,000,000	934,000,000	964,000,000	1,024,000,000	899,000,000	916,000,000	950,000,000	942,000,000	983,355,000	1,117,422,000	901,342,000	921,919,000	880,050,000	908,543,000	952,496,000	894,262,000	845,651,000	878,069,000
interest-bearing deposits:
total interest-bearing deposits		49,746,000,000				49,694,000,000												38,737,000,000
borrowed funds:
federal funds purchased and security repurchase agreements		1,117,000,000				1,309,000,000
other short-term borrowings		4,223,000,000				4,458,000,000
total borrowed funds		6,493,000,000				6,367,000,000												2,013,000,000
total interest-bearing liabilities		56,239,000,000				56,061,000,000												40,750,000,000
noninterest-bearing demand deposits		25,127,000,000				25,066,000,000												37,520,000,000
other liabilities		1,592,000,000	1,514,000,000	1,413,000,000	1,487,000,000	1,643,000,000	1,420,000,000	1,584,000,000	1,518,000,000	1,585,000,000	1,612,000,000	1,513,000,000	1,334,000,000	1,871,000,000	1,724,000,000	1,364,000,000	1,118,000,000	1,259,000,000	1,011,000,000	982,000,000	955,000,000	974,000,000	932,000,000	921,000,000	870,000,000	899,000,000	830,000,000	815,000,000	841,000,000	633,000,000	676,000,000	657,000,000	573,000,000	571,000,000	638,000,000	678,000,000	941,999,000	711,941,000	562,657,000	548,742,000	554,153,000	540,137,000	603,068,000	574,525,000	486,523,000	453,562,000
preferred equity		66,000,000				423,000,000												497,000,000
common equity		6,530,000,000				5,630,000,000												7,371,000,000
spread on average interest-bearing funds		2,320,000				1,940,000												2,650,000
impact of net noninterest-bearing sources of funds		890,000				1,060,000
net interest margin		2,673,000,000				2,475,000,000												2,240,000,000
memo: total cost of deposits		74,873,000,000				2,060,000												40,000
memo: total deposits and interest-bearing liabilities		81,366,000,000				81,127,000,000												78,270,000,000
loans and leases, net of unearned income and fees			60,302,000,000	60,833,000,000	59,941,000,000		58,884,000,000	58,415,000,000	58,109,000,000	57,779,000,000	56,893,000,000	56,917,000,000	56,331,000,000	55,653,000,000	53,918,000,000	52,370,000,000	51,242,000,000		50,678,000,000	51,398,000,000	53,472,000,000	53,476,000,000	54,745,000,000	55,129,000,000	49,927,000,000	48,709,000,000	48,835,000,000	48,617,000,000	47,606,000,000	46,714,000,000	45,810,000,000	45,230,000,000	45,083,000,000	44,780,000,000	44,156,000,000	42,742,000,000	42,649,265,000	42,501,575,000	41,418,185,000	40,649,542,000	40,113,123,000	40,023,984,000	40,180,114,000	40,064,016,000	39,739,795,000	39,630,363,000
federal funds and other short-term borrowings			3,757,000,000	6,072,000,000	3,476,000,000		2,919,000,000	5,651,000,000	4,895,000,000	4,379,000,000	4,346,000,000	5,513,000,000	12,124,000,000	10,417,000,000								1,572,000,000				2,053,000,000				5,653,000,000			4,867,000,000	4,976,000,000	4,624,000,000	3,137,000,000	827,269,000	270,255,000	232,188,000	346,987,000	272,391,000	227,124,000	203,597,000	244,223,000	191,798,000	258,401,000
less allowance for loan and lease losses					697,000,000		694,000,000	696,000,000	699,000,000	684,000,000	681,000,000	651,000,000	618,000,000	575,000,000	541,000,000	508,000,000	478,000,000
trading, at fair value								24,000,000	59,000,000		31,000,000	32,000,000	12,000,000
trading account, at fair value										48,000,000				465,000,000	526,000,000	304,000,000	382,000,000		305,000,000	181,000,000	189,000,000	266,000,000	198,000,000	160,000,000	160,000,000	182,000,000	280,000,000	148,000,000	316,000,000	106,000,000	176,000,000	207,000,000	143,000,000	148,000,000	56,000,000	40,000,000	114,803,000	118,775,000	65,838,000	48,168,000	73,521,000	74,519,000	71,392,000	70,601,000	55,419,000	56,572,000
loans, net of allowance										57,095,000,000				55,078,000,000								52,699,000,000				48,214,000,000				46,219,000,000				44,262,000,000			42,081,743,000		40,806,291,000	40,043,494,000	39,516,683,000	39,414,609,000	39,560,101,000	39,459,353,000	39,129,518,000	38,954,456,000
common stock										1,731,000,000				1,754,000,000																		4,231,000,000	4,346,000,000	4,445,000,000	4,552,000,000	4,696,000,000	4,724,715,000	4,783,061,000	4,777,630,000	4,766,731,000	4,756,288,000	4,738,272,000	4,728,556,000	4,723,855,000	4,717,295,000	4,192,136,000
federal funds sold and security resell agreements															2,797,000,000	2,273,000,000	2,345,000,000	2,129,000,000	1,858,000,000	1,714,000,000	1,315,000,000	5,765,000,000	2,804,000,000	266,000,000	550,000,000	484,000,000	504,000,000	620,000,000	438,000,000	1,461,000,000	560,000,000	558,000,000	696,000,000	514,000,000	467,000,000	363,000,000	568,334,000	620,469,000	1,587,212,000	619,758,000	1,325,501,000	1,404,246,000	1,519,352,000	1,386,291,000	355,844,000	478,535,000
total securities															24,182,000,000	26,215,000,000	26,966,000,000		21,225,000,000	18,971,000,000	17,416,000,000		15,452,000,000	15,049,000,000	14,976,000,000		14,971,000,000	15,515,000,000	15,984,000,000
federal funds purchased and other short-term borrowings															5,363,000,000	1,018,000,000	638,000,000	802,000,000	579,000,000	741,000,000	1,032,000,000		1,252,000,000	860,000,000	3,765,000,000		4,579,000,000	6,023,000,000	4,944,000,000		3,780,000,000	4,158,000,000
securities:
trading account																		246,000,000
total securities 2																		19,173,000,000
loans and leases 3
commercial - excluding ppp loans																		25,014,000,000
commercial - ppp loans																		4,566,000,000
liabilities and shareholders' equity
saving and money market																		36,717,000,000
net impact of noninterest-bearing sources of funds																		70,000
memo: total loans and leases, excluding ppp loans																		47,417,000,000
less allowance for loan losses																			491,000,000	535,000,000	646,000,000	777,000,000	853,000,000	860,000,000	730,000,000	495,000,000	510,000,000	503,000,000	497,000,000	495,000,000	480,000,000	490,000,000	473,000,000	518,000,000	541,000,000	544,000,000	567,522,000	608,345,000	611,894,000	606,048,000	596,440,000	609,375,000	620,013,000	604,663,000	610,277,000	675,907,000
additional paid-in capital																													3,541,000,000		4,052,000,000
additional paid-in-capital																														3,806,000,000
goodwill																																		1,014,000,000	1,014,000,000	1,014,000,000	1,014,129,000	1,014,129,000	1,014,129,000	1,014,129,000	1,014,129,000	1,014,129,000	1,014,129,000	1,014,129,000	1,014,129,000	1,014,129,000
core deposit and other intangibles																																		2,000,000	3,000,000	7,000,000	8,420,000	12,281,000	14,259,000	16,272,000	18,546,000	20,843,000	23,162,000	25,520,000	28,160,000	30,826,000
preferred stock, without par value, authorized 4,400 shares																																		566,000,000	566,000,000	710,000,000
foreign																																						117,708,000	219,899,000	294,391,000	441,560,000	372,106,000	382,985,000	328,391,000	310,264,000	252,207,000
zions bancorporation and subsidiariesconsolidated statements of income
interest income:
interest and fees on loans																																				433,000,000	1,728,706,000	433,743,000	420,508,000	1,686,220,000	419,981,000	420,642,000	415,755,000	1,729,643,000	430,415,000	433,801,000
interest on money market investments																																				4,000,000	21,688,000	5,564,000	7,029,000	23,165,000	6,018,000	5,785,000	5,218,000	21,414,000	5,483,000	4,888,000
interest on securities																																				78,000,000	203,920,000	47,645,000	47,364,000	124,086,000	30,231,000	28,809,000	27,473,000	101,936,000	24,377,000	24,502,000
total interest income																																				515,000,000	1,954,314,000	486,952,000	474,901,000	1,833,471,000	456,230,000	455,236,000	448,446,000	1,852,993,000	460,275,000	463,191,000
interest expense:
interest on deposits																																				13,000,000	49,247,000	11,869,000	11,845,000	49,344,000	12,542,000	12,321,000	12,104,000	49,736,000	12,313,000	12,096,000
interest on short- and long-term borrowings																																				13,000,000	37,719,000	10,234,000	10,214,000	68,867,000	18,311,000	19,211,000	18,996,000	123,262,000	31,144,000	34,812,000
total interest expense																																				26,000,000	86,966,000	22,103,000	22,059,000	118,211,000	30,853,000	31,532,000	31,100,000	172,998,000	43,457,000	46,908,000
net interest income																																				489,000,000	1,867,348,000	464,849,000	452,842,000	1,715,260,000	425,377,000	423,704,000	417,346,000	1,679,995,000	416,818,000	416,283,000
benefit from loan losses																																				23,000,000	92,775,000	34,492,000	42,145,000	40,035,000	18,262,000	566,000	-1,494,000	-98,082,000	-54,643,000	-54,416,000
net interest income after benefit from loan losses																																				466,000,000	1,774,573,000	430,357,000	410,697,000	1,675,225,000	407,115,000	423,138,000	418,840,000	1,778,077,000	471,461,000	470,699,000
noninterest income:
service charges and fees on deposit accounts																																				42,000,000	171,185,000	42,108,000	41,261,000	168,451,000	43,196,000	41,616,000	41,194,000	174,024,000	44,941,000	42,873,000
other service charges, commissions and fees																																				49,000,000	207,666,000	51,906,000	49,474,000	206,786,000	52,837,000	51,705,000	47,486,000	191,516,000	51,005,000	47,513,000
wealth management income																																				10,000,000	37,434,000	8,788,000	7,954,000	31,224,000	7,496,000	8,160,000	7,615,000	30,573,000	7,438,000	7,980,000
loan sales and servicing income																																				7,000,000	35,466,000	10,178,000	7,979,000	30,731,000	7,728,000	8,382,000	7,706,000	26,049,000	6,793,000	6,335,000
capital markets and foreign exchange																																				7,000,000	21,713,000	4,545,000	5,667,000	25,655,000	6,624,000	7,275,000	5,501,000	22,416,000	5,361,000	5,842,000
customer-related fees																																				115,000,000
dividends and other investment income																																				12,000,000	24,053,000	6,226,000	4,639,000	30,150,000	8,449,000	9,343,000	9,372,000	43,662,000	11,324,000	7,995,000
securities gains																																				5,000,000
other																																					8,616,000	1,142,000	2,894,000	11,094,000	2,461,000	5,693,000	922,000	7,925,000	2,627,000	707,000
total noninterest income																																				132,000,000	515,609,000	125,717,000	116,761,000	377,120,000	130,813,000	421,000	121,822,000	508,638,000	116,072,000	124,850,000
noninterest expense:
salaries and employee benefits																																				262,000,000	982,531,000	241,341,000	258,338,000	972,712,000	242,023,000	251,133,000	243,519,000	956,428,000	245,520,000	238,764,000
occupancy																																				33,000,000	125,273,000	29,621,000	29,779,000	119,529,000	29,477,000	30,095,000	29,339,000	115,701,000	28,495,000	28,939,000
furniture, equipment and software																																				32,000,000	124,677,000	30,550,000	32,015,000	123,196,000	30,416,000	31,247,000	29,713,000	115,312,000	28,524,000	27,986,000
other real estate expense																																					-1,597,000	-527,000	-1,329,000	-647,000	-40,000	-445,000	374,000	-1,251,000	875,000	-266,000
credit-related expense																																				8,000,000	25,671,000	5,845,000	5,934,000	28,541,000	6,914,000	8,106,000	5,939,000	27,985,000	6,475,000	7,139,000
benefit from unfunded lending commitments																																				-5,000,000	-9,927,000	-4,246,000	-5,812,000	-6,238,000	1,428,000	-2,326,000	1,211,000	-8,629,000	-16,095,000	6,779,000
professional and legal services																																				14,000,000	55,094,000	12,229,000	11,471,000	50,421,000	12,699,000	13,110,000	11,483,000	66,011,000	16,588,000	12,171,000
advertising																																				5,000,000	22,143,000	5,268,000	5,628,000	25,314,000	6,136,000	6,511,000	6,975,000	25,100,000	6,094,000	6,803,000
fdic premiums																																				12,000,000	39,675,000	9,580,000	7,154,000	34,422,000	8,500,000	8,609,000	8,119,000	32,174,000	8,204,000	8,017,000
amortization of core deposit and other intangibles																																				2,000,000	7,853,000	1,979,000	2,014,000	9,247,000	2,298,000	2,318,000	2,358,000	10,923,000	2,665,000	2,736,000
total noninterest expense																																				414,000,000	1,585,274,000	381,894,000	395,573,000	1,600,486,000	396,149,000	404,100,000	397,461,000	1,665,292,000	438,536,000	406,027,000
income before income taxes																																				184,000,000	704,908,000	174,180,000	131,885,000	451,859,000	141,779,000	19,459,000	143,201,000	621,423,000	148,997,000	189,522,000
income taxes																																				45,000,000	235,858,000	60,231,000	41,448,000	142,388,000	40,780,000	5,499,000	51,176,000	222,961,000	53,109,000	69,972,000
net income																																				139,000,000	469,050,000	113,949,000	90,437,000	309,471,000	100,999,000	13,960,000	92,025,000	398,462,000	95,888,000	119,550,000
dividends on preferred stock																																				-10,000,000		-13,543,000	-11,660,000		-16,761,000	-15,060,000	-16,746,000
net earnings applicable to common shareholders																																				129,000,000	411,309,000	90,647,000	78,777,000	246,614,000	84,238,000	-1,100,000	75,279,000	326,568,000	79,127,000	104,490,000
weighted-average common shares outstanding during the period:
basic shares																																				202,347,000,000	203,855,000	204,236,000	203,967,000	203,265,000	203,668,000	202,888,000	202,603,000	192,207,000	196,687,000	184,668,000
diluted shares																																				210,405,000,000	204,269,000	204,536,000	204,096,000	203,698,000	204,155,000	202,888,000	202,944,000	192,789,000	197,271,000	185,286,000
net earnings per common share:
basic																																				630,000	2,000	440	380	1,200	410	-10	370	1,680	400	560
diluted																																				610,000	1,990	440	380	1,200	410	-10	370	1,680	400	560
held-to-maturity, at adjusted cost																																					867,904,000			545,648,000				647,252,000	609,758,000	615,104,000
preferred stock, without par value, authorized 4,400,000 shares																																					709,601,000	709,601,000	828,490,000	828,490,000	1,004,159,000	1,004,032,000	1,004,032,000	1,004,011,000	1,004,006,000	1,004,006,000
fair value and nonhedge derivative income																																					2,206,000	-1,910,000			-1,555,000	1,844,000			44,000
equity securities gains																																					7,168,000	2,709,000	-550,000	11,875,000	3,630,000	4,839,000	3,353,000	13,471,000	440,000	2,513,000
fixed income securities gains																																					102,000	25,000	28,000	-138,735,000	-53,000	-138,436,000	-239,000	10,419,000	-13,901,000	5,026,000
impairment losses on investment securities																																												-27,000
less amounts recognized in other comprehensive income
net impairment losses on investment securities																																												-27,000
debt extinguishment cost																																					353,000	106,000	247,000	2,530,000		2,395,000		44,422,000	44,422,000
preferred stock dividends																																					-47,982,000			-62,857,000				-71,894,000	-16,761,000	-15,060,000
preferred stock redemption																																					-9,759,000	-9,759,000
weighted-average common shares outstanding during the year:
premises and equipment																																						955,540,000	925,430,000	905,462,000	873,800,000	856,577,000	844,900,000	829,809,000	811,127,000	803,214,000
fair value and nonhedge derivative loss																																							-2,585,000	-111,000			-1,088,000	-11,390,000		-1,934,000
net income applicable to noncontrolling interests
net income applicable to controlling interest																																								309,471,000				398,462,000	95,888,000	119,550,000
impairment losses on investment securities:
noncredit-related losses on securities not expected to be sold

Cashflow Statements:

Quarterly

Annual

Unit: USD	2028-09-30	2028-06-30	2028-03-31	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-03-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-03-31	2016-06-30	2016-03-31	2015-09-30	2014-12-31	2014-09-30

cash flows from operating activities
net income for the period	222,000,000	244,000,000	170,000,000	233,000,000		222,000,000	244,000,000	170,000,000		162,000,000	253,000,000	153,000,000	203,000,000	217,000,000	203,000,000	203,000,000		836,000,000	-242,000,000	322,000,000		222,000,000	198,000,000	213,000,000		26,000,000	-41,000,000	238,000,000		139,000,000	23,512,000	90,437,000	87,039,000		-23,662,000
adjustments to reconcile net income to net cash from operating activities:
benefit from credit losses	49,000,000	-1,000,000	18,000,000										-33,000,000		41,000,000	-33,000,000	25,000,000	-727,000,000	558,000,000	-132,000,000	4,000,000	10,000,000	21,000,000	4,000,000	-29,000,000	-23,000,000	59,000,000	-47,000,000	16,000,000	18,000,000	-6,087,000	36,333,000	21,450,000	-35,973,000	-23,101,000
depreciation and amortization	30,000,000	29,000,000	28,000,000	30,000,000	29,000,000	30,000,000	29,000,000	28,000,000	29,000,000	50,000,000	13,000,000	32,000,000	19,000,000	34,000,000	26,000,000	19,000,000	8,000,000	-85,000,000	66,000,000	-3,000,000	45,000,000	50,000,000	49,000,000	44,000,000	144,000,000	0	6,000,000	43,000,000	132,000,000	37,000,000	4,561,000	40,736,000	5,168,000	94,788,000	2,710,000
share-based compensation	6,000,000	6,000,000	17,000,000	18,000,000	6,000,000	6,000,000	6,000,000	17,000,000	5,000,000	6,000,000	6,000,000	16,000,000	17,000,000	3,000,000	5,000,000	17,000,000	5,000,000	5,000,000	4,000,000	14,000,000	4,000,000	5,000,000	4,000,000	14,000,000	22,000,000	-1,000,000	-8,000,000	13,000,000	21,000,000	12,000,000
deferred income tax expense	9,000,000	-7,000,000	38,000,000	28,000,000	7,000,000	9,000,000	-7,000,000	38,000,000		-26,000,000	7,000,000	22,000,000	39,000,000	-14,000,000	-10,000,000	39,000,000		202,000,000	-164,000,000	70,000,000			-12,000,000	15,000,000		5,000,000	-24,000,000	13,000,000	158,000,000	13,000,000		-4,680,000	34,404,000	22,978,000	61,830,000
net increase in trading securities			-29,000,000	-40,000,000				-29,000,000														-132,000,000									-35,267,000	-17,670,000
net decrease (increase) in loans held for sale	-24,000,000	-49,000,000	-6,000,000										29,000,000			29,000,000	1,000,000									3,000,000	32,000,000	-33,000,000	115,000,000
change in other liabilities	69,000,000	-77,000,000	-106,000,000	-115,000,000	24,000,000	69,000,000	-77,000,000	-106,000,000	191,000,000	-577,000,000	466,000,000	-77,000,000	127,000,000	356,000,000	262,000,000	127,000,000	-1,000,000	-19,000,000	87,000,000	-54,000,000	52,000,000	7,000,000	-30,000,000	-43,000,000	54,000,000	-61,000,000	77,000,000	4,000,000	-55,000,000	42,000,000	127,097,000	17,770,000	83,354,000	8,851,000	14,033,000
change in other assets	55,000,000	-80,000,000	71,000,000	-73,000,000	20,000,000	55,000,000	-80,000,000	71,000,000	-42,000,000	341,000,000	-281,000,000	76,000,000	-116,000,000	-262,000,000	-89,000,000	-116,000,000	99,000,000	-48,000,000	-341,000,000	212,000,000	-33,000,000	20,000,000	-96,000,000	-70,000,000	-65,000,000	179,000,000	-148,000,000	48,000,000	-47,000,000	21,000,000	-232,503,000	7,301,000	-901,000	-55,682,000	21,346,000
other	-24,000,000	-11,000,000	-22,000,000	-17,000,000	-13,000,000	-24,000,000	-11,000,000	-22,000,000	-11,000,000	-25,000,000	5,000,000	-4,000,000	13,000,000	-21,000,000	-12,000,000	13,000,000	-40,000,000	-64,000,000	10,000,000	-18,000,000	5,000,000	-13,000,000	-2,000,000	-8,000,000	-21,000,000	2,000,000	2,000,000	-8,000,000	-19,000,000	-14,000,000	-16,970,000	13,997,000	-15,391,000	-24,965,000	-15,655,000
net cash from operating activities	438,000,000	-62,000,000	179,000,000	423,000,000	518,000,000	438,000,000	-62,000,000	179,000,000	517,000,000	-173,000,000	543,000,000	261,000,000	288,000,000	172,000,000	516,000,000	288,000,000	166,000,000	65,000,000	-86,000,000	484,000,000	351,000,000	126,000,000	262,000,000	-42,000,000	789,000,000	224,000,000	-112,000,000	275,000,000	701,000,000	380,000,000	-210,958,000	222,762,000	127,491,000	255,859,000	185,822,000
capital expenditures	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
free cash flows	438,000,000	-62,000,000	179,000,000	423,000,000	518,000,000	438,000,000	-62,000,000	179,000,000	517,000,000	-173,000,000	543,000,000	261,000,000	288,000,000	172,000,000	516,000,000	288,000,000	166,000,000	65,000,000	-86,000,000	484,000,000	351,000,000	126,000,000	262,000,000	-42,000,000	789,000,000	224,000,000	-112,000,000	275,000,000	701,000,000	380,000,000	-210,958,000	222,762,000	127,491,000	255,859,000	185,822,000
cash flows from investing activities
net decrease in money market investments				874,000,000	-219,000,000	-482,000,000	-5,000,000	1,387,000,000	-2,064,000,000			-157,000,000										-401,000,000				-51,000,000						2,101,580,000
proceeds from maturities and paydowns of investment securities held-to-maturity	274,000,000	269,000,000	271,000,000	231,000,000	220,000,000	274,000,000	269,000,000	271,000,000	248,000,000	728,000,000	-184,000,000	232,000,000	20,000,000	202,000,000	28,000,000	20,000,000	24,000,000	360,000,000	-94,000,000	167,000,000	80,000,000	72,000,000	138,000,000	101,000,000	191,000,000	115,000,000	-4,000,000	59,000,000	231,000,000	91,000,000				87,608,000	1,606,000
purchases of investment securities held-to-maturity	0	0	-27,000,000			0	0	-27,000,000	0	158,000,000			-17,000,000	-12,000,000	-203,000,000	-17,000,000	-6,000,000	-87,000,000	-55,000,000	-114,000,000	-14,000,000	-35,000,000	-69,000,000	-91,000,000	-322,000,000	122,000,000	-108,000,000	-57,000,000	-162,000,000	-7,000,000	15,980,000	-108,141,000	1,343,000	-149,740,000	12,550,000
proceeds from sales, maturities, and paydowns of investment securities available-for-sale	323,000,000	457,000,000	499,000,000	262,000,000	307,000,000	323,000,000	457,000,000	499,000,000	501,000,000			480,000,000									883,000,000	877,000,000	758,000,000	587,000,000	2,069,000,000	257,000,000	66,000,000	669,000,000	1,797,000,000	530,000,000	-1,623,470,000	2,098,526,000	-365,789,000	1,404,354,000	180,000,000
purchases of investment securities available-for-sale	-305,000,000	-299,000,000	-478,000,000	-300,000,000	-290,000,000	-305,000,000	-299,000,000	-478,000,000	-379,000,000	5,245,000,000	-5,591,000,000	-182,000,000	-4,673,000,000	-56,000,000	-1,100,000,000	-4,673,000,000	-4,917,000,000	-6,719,000,000	535,000,000	-2,546,000,000	-593,000,000	-243,000,000	-405,000,000	-623,000,000	-1,843,000,000	-520,000,000	48,000,000	-612,000,000	-4,184,000,000	-3,113,000,000	1,879,535,000	-3,123,244,000	-756,225,000	-1,343,313,000	-229,511,000
net change in loans and leases	478,000,000	-897,000,000	-136,000,000	-694,000,000	-700,000,000	478,000,000	-897,000,000	-136,000,000	-584,000,000	346,000,000	-1,155,000,000	-321,000,000	-355,000,000	-1,550,000,000	-1,121,000,000	-355,000,000	-143,000,000	9,338,000,000	-6,437,000,000	56,000,000	128,000,000	-208,000,000	-1,017,000,000	-860,000,000	-1,393,000,000	-430,000,000	191,000,000	-311,000,000	-1,660,000,000	-117,000,000		-808,358,000	-271,204,000
purchases and sales of other noninterest-bearing investments	96,000,000	-112,000,000	-20,000,000	87,000,000	49,000,000	96,000,000	-112,000,000	-20,000,000	-67,000,000	22,000,000	-26,000,000	25,000,000	8,000,000	-146,000,000	-9,000,000	8,000,000	45,000,000	-41,000,000	47,000,000	12,000,000			-59,000,000	54,000,000
purchases of premises and equipment	-25,000,000	-31,000,000	-27,000,000	-25,000,000	-38,000,000	-25,000,000	-31,000,000	-27,000,000	-28,000,000	33,000,000	-72,000,000	-30,000,000	-53,000,000	-52,000,000	-49,000,000	-53,000,000	-53,000,000	-71,000,000	-29,000,000	-53,000,000	-23,000,000	-34,000,000	-35,000,000	-25,000,000	-93,000,000	-10,000,000	2,000,000	-28,000,000	-130,000,000	-50,000,000	-11,844,000	-40,015,000	-4,912,000
acquisition of california branches, net of cash acquired	0	0	191,000,000		0	0	0	191,000,000
net cash from investing activities	359,000,000	-631,000,000	1,661,000,000	428,000,000	-651,000,000	359,000,000	-631,000,000	1,661,000,000	-2,366,000,000	-2,571,000,000	3,244,000,000	53,000,000	931,000,000	-1,343,000,000	2,366,000,000	931,000,000	-5,006,000,000	728,000,000	-3,303,000,000	-3,998,000,000	978,000,000	112,000,000	-802,000,000	87,000,000	-2,296,000,000	-510,000,000	529,000,000	-429,000,000	-3,895,000,000	-2,880,000,000	-294,868,000	136,123,000	538,805,000	-192,721,000	-2,323,488,000
cash flows from financing activities
net increase in deposits				1,263,000,000	767,000,000				505,000,000	4,485,000,000			-439,000,000	-3,066,000,000	-3,289,000,000	-439,000,000	4,906,000,000	-369,000,000	4,399,000,000	4,200,000,000	945,000,000	1,807,000,000	-203,000,000	435,000,000	1,280,000,000	-414,000,000	271,000,000	347,000,000	-336,000,000	241,000,000	892,867,000	-486,234,000	-830,741,000	890,636,000	1,456,194,000
net change in short-term borrowed funds	-2,315,000,000	2,596,000,000	-356,000,000	-2,490,000,000		-2,315,000,000	2,596,000,000	-356,000,000				516,000,000
proceeds from the issuance of long-term debt				497,000,000	0																495,000,000	0	0	497,000,000	0
proceeds from the issuance of common stock	2,000,000	0	4,000,000	14,000,000	0	2,000,000	0	4,000,000	9,000,000	-7,000,000			6,000,000	0	2,000,000	6,000,000	4,000,000	12,000,000	-6,000,000	11,000,000	6,000,000	1,000,000	3,000,000	4,000,000	18,000,000	-5,000,000	-3,000,000	10,000,000	23,000,000	9,000,000	2,410,000	538,000	8,529,000
dividends paid on common and preferred stock	-68,000,000	-65,000,000	-66,000,000	-68,000,000	-68,000,000	-68,000,000	-65,000,000	-66,000,000	-74,000,000	-85,000,000	-59,000,000	-71,000,000	-66,000,000	-70,000,000	-64,000,000	-66,000,000	-62,000,000	-69,000,000	-64,000,000	-66,000,000	-64,000,000	-69,000,000	-61,000,000	-66,000,000	-168,000,000	-13,000,000	-6,000,000	-49,000,000	-95,000,000	-29,000,000	4,626,000	-27,421,000	1,625,000	-72,887,000	964,000
bank common stock repurchased	0	0	-41,000,000	-77,000,000	0	0	0	-41,000,000	-1,000,000	66,000,000	-66,000,000	-35,000,000	-51,000,000	-50,000,000	-50,000,000	-51,000,000	-325,000,000	-399,000,000	-26,000,000	-50,000,000	-276,000,000	-275,000,000	-275,000,000	-276,000,000	-498,000,000
net cash from financing activities	-806,000,000	640,000,000	-1,658,000,000	-873,000,000	45,000,000	-806,000,000	640,000,000	-1,658,000,000	1,386,000,000	3,178,000,000	-3,816,000,000	-321,000,000	-1,114,000,000	1,161,000,000	-3,023,000,000	-1,114,000,000	4,838,000,000	-604,000,000	3,221,000,000	3,547,000,000	-1,420,000,000	20,000,000	542,000,000	-123,000,000	1,524,000,000	337,000,000	-341,000,000	76,000,000	2,945,000,000	2,329,000,000	828,801,000	-639,401,000	-859,220,000	403,124,000	1,299,414,000
net increase in cash and due from banks	-9,000,000	-53,000,000	182,000,000	-22,000,000	-88,000,000	-9,000,000	-53,000,000	182,000,000	-463,000,000				105,000,000			105,000,000	-2,000,000			33,000,000	-91,000,000				17,000,000									466,262,000	-838,252,000
cash and due from banks at beginning of period	0	0	651,000,000	683,000,000		0	0	651,000,000		121,000,000	-121,000,000	716,000,000	595,000,000	0	0	595,000,000		-162,000,000	162,000,000	543,000,000		0	0	614,000,000		-2,000,000	-78,000,000	548,000,000		737,000,000	-280,516,000	798,319,000	37,380,000		42,812,000
cash and due from banks at end of period	-9,000,000	-53,000,000	833,000,000	661,000,000		-9,000,000	-53,000,000	833,000,000		555,000,000	-150,000,000	709,000,000	700,000,000	-10,000,000	-141,000,000	700,000,000		27,000,000	-6,000,000	576,000,000		258,000,000	2,000,000	536,000,000		49,000,000	-2,000,000	470,000,000		566,000,000	42,459,000	517,803,000	-155,544,000		-795,440,000
cash paid for interest	373,000,000	406,000,000	423,000,000	333,000,000	365,000,000	373,000,000	406,000,000	423,000,000	482,000,000	1,392,000,000	-460,000,000	491,000,000	11,000,000	32,000,000	20,000,000	11,000,000	20,000,000	-62,000,000	101,000,000	22,000,000	86,000,000	116,000,000	104,000,000	95,000,000	180,000,000	2,000,000	11,000,000	44,000,000	91,000,000	22,000,000	6,192,000	18,430,000	-6,776,000	111,645,000	318,000
net cash paid for income taxes	59,000,000	113,000,000	1,000,000	2,000,000	23,000,000	59,000,000	113,000,000	1,000,000	61,000,000	127,000,000				1,000,000			0	425,000,000			54,000,000	47,000,000			156,000,000	-39,000,000			162,000,000				-83,647,000	124,309,000	-64,092,000
noncash activities:
loans held for investment reclassified to loans held for sale	43,000,000	33,000,000	30,000,000	311,000,000	116,000,000	43,000,000	33,000,000	30,000,000	79,000,000	83,000,000	49,000,000	12,000,000	34,000,000	39,000,000	27,000,000	34,000,000	65,000,000			-7,000,000	22,000,000				112,000,000	-25,000,000	9,000,000	15,000,000	24,000,000
deposits acquired in purchase of california branches	0	0	657,000,000		0	0	0	657,000,000
loans acquired in purchase of california branches	0	0	423,000,000		0	0	0	423,000,000
standard
standards not yet adopted by the bank as of september 30, 2025
asu 2024-03,income statement—reporting comprehensive income—expense disaggregation disclosures
asu 2025-06, intangibles—goodwill and other—internal-use software
standards adopted by the bank during 2025
asu 2023-09, income taxes (topic 740): improvements to income tax disclosures
net decrease (increase) in trading securities													-10,000,000			-10,000,000								-210,000,000	11,000,000	94,000,000			-38,000,000	76,000,000				-37,286,000	1,488,000
net decrease (increase) in money market investments		-5,000,000	1,387,000,000										4,979,000,000		3,916,000,000	4,979,000,000								940,000,000						-145,000,000			1,935,821,000	852,692,000	-2,628,717,000
net decrease in deposits		-1,892,000,000	-1,188,000,000				-1,892,000,000	-1,188,000,000				-724,000,000
standards not yet adopted by the bank as of june 30, 2025
standards not yet adopted by the bank as of march 31, 2025
standards adopted by the bank during the first quarter of 2025
provision for credit losses				-7,000,000	6,000,000	49,000,000	-1,000,000	18,000,000	41,000,000			13,000,000
net decrease in loans held for sale				366,000,000	106,000,000	-24,000,000	-49,000,000	-6,000,000	65,000,000	-40,000,000	1,000,000	41,000,000		9,000,000																36,000,000		38,566,000
net income
net decrease in trading securities									33,000,000	-87,000,000	78,000,000	-11,000,000								76,000,000								4,000,000
net change in short-term funds borrowed													-264,000,000	4,346,000,000	379,000,000	-264,000,000	324,000,000	201,000,000	-654,000,000	-540,000,000	-2,526,000,000	-1,445,000,000	1,080,000,000	-709,000,000	3,054,000,000	332,000,000	-699,000,000	-10,000,000	2,867,000,000	2,311,000,000	152,866,000	-114,799,000	21,740,000	-29,522,000	-45,167,000
cash paid for preferred stock redemption
redemption of long-term debt													-290,000,000	0	0	-290,000,000		148,000,000
cash and due from banks at beginning of year
cash and due from banks at end of year
trading securities reclassified to money market investments
deferred income tax benefit
acquisition of nevada branches, net of cash acquired
investment securities available-for-sale transferred to held-to-maturity, at amortized cost
deposits acquired in purchase of nevada branches
loans acquired in purchase of nevada branches
proceeds from sales, maturities and paydowns of investment securities available-for-sale													1,018,000,000	828,000,000	897,000,000	1,018,000,000		1,816,000,000	425,000,000	1,370,000,000
net decrease in cash and due from banks											-29,000,000	-7,000,000		-10,000,000									2,000,000	-78,000,000			76,000,000	-78,000,000		-171,000,000		-280,516,000
noncash activities are summarized as follows:
loans held for investment transferred to other real estate owned																	3,000,000	21,000,000	0	1,000,000	5,000,000	1,000,000	1,000,000	5,000,000			0	3,000,000	5,000,000	2,000,000
standards not yet adopted by the bank
asu 2022-02,financial instruments—credit losses (topic 326): troubled debt restructurings and vintage disclosures
asu 2022-03,fair value measurement (topic 820): fair value measurement of equity securities subject to contractual sale restrictions
repayments of debt over 90 days and up to one year																												-2,000,000,000	-2,250,000,000
repayments of long-term debt																														-153,000,000	-93,811,000	-10,636,000	-67,057,000	-388,311,000	-598,560,000
accounting standard updates
updates adopted during 2020
asu 2020-04, reference rate reform (topic 848): facilitation of the effects of referencerate reform on financial reporting
asu 2016-13,credit losses(topic 326):measurement ofcredit losses onfinancialinstruments and subsequent related asus
net refunds received for income taxes													-1,000,000			-1,000,000														-6,000,000		-84,000
cash paid for preferred stock redemptions
net increase in money market investments																				-2,903,000,000								-117,000,000
assets
available-for-sale securities:
u.s. treasury, agencies and corporations
municipal securities
other debt securities
total available-for-sale
trading account
other noninterest-bearing investments:
bank-owned life insurance
private equity investments 1
other assets:
agriculture loan servicing and interest-only strips
deferred compensation plan assets
derivatives:
derivatives designated as hedges
derivatives not designated as hedges:
interest rate
foreign exchange
total assets
liabilities
securities sold, not yet purchased
other liabilities:
total liabilities
net increase in loans held for sale																			-10,000,000	-3,000,000		-38,000,000	-38,000,000	-1,000,000
loans held for sale reclassified to loans held for investment
updates adopted by the bank during 2020
proceeds from debt over 90 days and up to one year																												1,900,000,000	3,250,000,000
updates not yet adopted by the bank during 2019
asu 2017-04,intangibles –goodwill andother (topic 350):simplifying thetest for goodwillimpairment
sales of other noninterest-bearing investments
updates not yet adopted by the bank
adjustments to reconcile net income to net cash provided (used in) by operating activities:
net cash paid (refunds received) for income taxes																								-2,000,000				1,000,000
1.
securities gains
proceeds from sales of other real estate owned																												1,000,000	5,000,000	3,000,000	133,000	4,304,000	2,847,000	45,856,000	-8,887,000
net change in other noninterest-bearing investments																										6,000,000	58,000,000	-31,000,000		-74,000,000
repayment of long-term debt
company common stock repurchased																											-4,000,000	-122,000,000	-217,000,000
available-for-sale securities purchased, not settled
held-to-maturity securities purchased, not settled
securities losses (gains)
afs securities purchased, not settled																														56,000,000
adjusted cost of htm securities reclassified as afs securities
company common stock repurchased and retired																														-50,000,000
loans held for investment reclassified to (from) loans held for sale																														35,000,000
htm securities purchased, not settled																														31,000,000
adjustments to reconcile net income to net cash provided byoperating activities:
debt extinguishment cost																																		0
fixed income securities losses (gains)																															3,000	-28,000	-138,383,000		18,927,000
debt extinguishment costs paid
proceeds from the issuances of common and preferred stock
proceeds from maturities and paydowns of investment securitiesheld-to-maturity																															-11,621,000	22,036,000	5,288,000
loans purchased
other net change in loans held for investment
net impairment losses on investment securities, goodwill, and long-lived assets
net purchases of premises and equipment																																		-149,646,000	9,662,000
net cash received from (paid for) divestitures
proceeds from issuance of long-term debt
debt extinguishment cost paid
proceeds from the issuance of common and preferred stock
net impairment losses on investment securities
net loan and lease collections
net cash received from divestitures
proceeds from issuances of common and preferred stock																																			517,918,000
net loan and lease originations

Zions Bancorporation, National Association(NASDAQ:ZION)

Zions Bancorporation, National Association
(NASDAQ:ZION)