Revenue
$662.00M
Fiscal year ended 2025-12-31Net income
$899.00M
Fiscal year ended 2025-12-31Total assets
$88.69B
Fiscal year ended 2025-12-31ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/ (ZION) reported revenue of $662.00M and net income of $899.00M for the fiscal year ended 2025-12-31. This page shows 8 annual periods of income statement, balance sheet and cash flow figures normalized from ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/’s SEC filings, each linked to the filing it came from. It is classified by the SEC under National Commercial Banks.
Banks, brokers and insurers present a top line that is not comparable with an operating company’s revenue: it is reported net of interest expense, or as premiums earned, depending on the filer. The figures are the filer’s own and are traceable to the filing; the comparison across classes is what does not hold.
Income
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $662.00M | $639.00M | $616.00M | $614.00M | $575.00M | $549.00M | $525.00M | $508.00M |
| Cost of revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Gross profit | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating income | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Net income | $899.00M | $784.00M | $680.00M | $907.00M | $1.13B | $539.00M | $816.00M | $884.00M |
| Research & development | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Weighted-average diluted shares | shares 147.16M | shares 147.22M | shares 147.76M | shares 150.27M | shares 160.23M | shares 165.61M | shares 186.50M | shares 206.50M |
| Pretax income | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Income tax expense | $276.00M | $228.00M | $206.00M | $245.00M | $317.00M | $133.00M | $237.00M | $259.00M |
| Diluted EPS | $6.01 | $4.95 | $4.35 | $5.79 | $6.79 | $3.02 | $4.16 | $4.08 |
| Selling, general & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| General & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Total assets | $88.69B | $88.78B | $87.20B | $89.54B | $93.20B | $81.48B | $69.17B | $68.75B |
| Current assets | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Total liabilities | $81.51B | $82.65B | $81.51B | $84.65B | $85.74B | $73.59B | $61.82B | $61.17B |
| Current liabilities | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Total equity incl. NCI | $7.18B | $6.12B | $5.69B | $4.89B | $7.46B | $7.89B | $7.35B | $7.58B |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Inventory | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Accounts receivable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Goodwill | $1.06B | $1.03B | $1.03B | $1.03B | $1.01B | $1.01B | $1.01B | $1.01B |
| Long-term debt | $1.47B | $950.00M | $542.00M | $651.00M | $1.01B | $1.34B | $1.72B | $724.00M |
| Accounts payable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Cash flow
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $1.07B | $1.15B | $885.00M | $1.47B | $629.00M | $719.00M | $697.00M | $1.18B |
| Capital expenditures | $121.00M | $97.00M | $113.00M | $190.00M | $206.00M | $171.00M | $117.00M | $129.00M |
| Investing cash flow | $738.00M | -$1.64B | $2.37B | $1.40B | -$11.58B | -$12.20B | $375.00M | -$2.71B |
| Financing cash flow | -$1.78B | $427.00M | -$3.20B | -$2.81B | $11.00B | $11.32B | -$981.00M | $1.60B |
| Net change in cash | $32.00M | -$65.00M | $59.00M | $62.00M | $52.00M | -$162.00M | $91.00M | $66.00M |
| Stock-based compensation | $35.00M | $33.00M | $33.00M | $30.00M | $28.00M | $26.00M | $27.00M | $26.00M |
| Common dividends paid | $267.00M | $289.00M | $282.00M | $269.00M | $261.00M | $259.00M | $260.00M | $236.00M |
| Common share repurchases | $41.00M | $36.00M | $51.00M | $202.00M | $800.00M | $76.00M | $1.10B | $672.00M |
| Depreciation & amortization | $116.00M | $124.00M | $140.00M | $110.00M | -$14.00M | $86.00M | $188.00M | $193.00M |
Derived
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|---|---|---|
| Free cash flow | $952.00M | $1.05B | $772.00M | $1.28B | $423.00M | $548.00M | $580.00M | $1.05B |
| Gross margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| FCF margin | 143.8% | 164.5% | 125.3% | 208.5% | 73.6% | 99.8% | 110.5% | 206.1% |
| SBC / revenue | 5.3% | 5.2% | 5.4% | 4.9% | 4.9% | 4.7% | 5.1% | 5.1% |
| Current ratio | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Revenue YoY growth | 3.6% | 3.7% | 0.3% | 6.8% | 4.7% | 4.6% | 3.3% | Unavailable |
| Net margin | 135.8% | 122.7% | 110.4% | 147.7% | 196.3% | 98.2% | 155.4% | 174.0% |
| R&D / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| CapEx / revenue | 18.3% | 15.2% | 18.3% | 30.9% | 35.8% | 31.1% | 22.3% | 25.4% |
| Long-term debt / equity | 0.21x | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open ZION in the interactive workspace to inspect any figure back to its filing.
Source filings
10-Q · Filed 2026-08-06View SEC filing
10-Q · Filed 2026-05-07View SEC filing
10-K · Filed 2026-02-24View SEC filing
10-Q · Filed 2025-11-06View SEC filing
10-Q · Filed 2025-08-07View SEC filing
10-Q · Filed 2025-05-08View SEC filing
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.