Zions Bancorporation, National Association(NASDAQ) ZION

Zions Bancorporation helps people and businesses manage their money. It gives loans to small companies so they can grow. The bank provides safe places for families to save.

Banking for the Western States

• Commercial Banking: Loans and financial services for small and medium-sized businesses; accounted for 52.2% of total loans and leases as of June 30, 2026.
• Commercial Real Estate: Financing for property developers, builders, and owners; represented 22.5% of total loans and leases as of June 30, 2026.
• Retail Banking: Residential mortgages and personal accounts for individual customers; made up 25.3% of total loans and leases as of June 30, 2026.
• Wealth Management: Private banking and trust services for high-net-worth clients and businesses.
• Capital Markets: Advisory and financing tools for public and private organizations.

Expanding the Lending Platform

• Completed the acquisition of Basis Multifamily Finance I on July 31, 2026.
• Launched new agency lending platforms through the Fannie Mae and Freddie Mac programs.
• Issued $500 million of senior notes in February 2026 to support general corporate needs.
• Implemented focused deposit growth initiatives to increase interest-bearing customer balances.

What Makes Zions Different?

Zions operates through a collection of local banking brands to maintain strong community ties across 11 Western states. The bank uses a centralized technology system to support its network of 422 branches while improving operational efficiency.

Second Quarter 2026 Performance

• Net interest income rose 4% to $677 million in the second quarter of 2026 compared to the prior year.
• Diluted earnings per share reached $3.05 in the second quarter of 2026, up from $1.63 in the prior year.
• Total deposits grew 4% to $76.6 billion as of June 30, 2026, compared to the second quarter of 2025.
• The bank recorded a $215 million pre-tax gain from selling Visa Class B-1 shares in the second quarter of 2026.
• The efficiency ratio, which measures the cost to earn a dollar, was 62.2% in the second quarter of 2026.

The Final Word

Zions has transformed from a local institution into a regional bank focused on commercial clients in the Western United States. Its current strategy emphasizes modernizing technology and expanding specialized lending to drive long-term performance.