ZION Q1 2026 Earnings Report — Zions Bancorporation, National Association Revenue & Financial Results | Market Cap Arena

Zions Bancorporation, National AssociationZION

Q1 2026 Earnings

Reported April 20, 2026NEW

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Metric	Q1 2026	Q4 2025	Q1 2025	QoQ Change	YoY Change
Revenue	$1.2B	$1.3B	$1.2B	-5.4%	-1.3%
Op. Income	$294M	$339M	$239M	-13.3%	23.0%
Gross Margin	72.4%	70.9%	64.8%	1.5pp	7.6pp
Net Margin	19.7%	21.0%	14.2%	-1.3pp	5.5pp
EPS (Diluted)	$1.56	$1.77	$1.13	-11.9%	38.1%

Revenue Flow

Item	Amount
REVENUE	$1.2B
Cost of Revenue	$327M
GROSS PROFIT	$856M
R&D Expenses	$0
Selling & Marketing	$13M
General & Administrative	$476M
SG&A Expenses	$489M
Other Expenses	$73M
Operating Expenses	$562M
Cost & Expenses	$889M
OPERATING INCOME	$294M
Interest Income	$996M
Interest Expense	$334M
Other Income/Expenses	$0
INCOME BEFORE TAX	$294M
Income Tax Expense	$61M
Net Income from Continuing Ops	$233M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$233M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$232M
D&A	$0
EBIT	$294M
EBITDA	$294M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$1.2B
Cost of Revenue	$327M
GROSS PROFIT	$856M
R&D Expenses	$0
Selling & Marketing	$13M
General & Administrative	$476M
SG&A Expenses	$489M
Other Expenses	$73M
Operating Expenses	$562M
Cost & Expenses	$889M
OPERATING INCOME	$294M
Interest Income	$996M
Interest Expense	$334M
Other Income/Expenses	$0
INCOME BEFORE TAX	$294M
Income Tax Expense	$61M
Net Income from Continuing Ops	$233M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$233M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$232M
D&A	$0
EBIT	$294M
EBITDA	$294M
EPS	$2
EPS Diluted	$2

Balance Sheet

Item	Amount
Cash & Equivalents	$2.4B
Short-Term Investments	$19.0B
Net Receivables	$0
Inventory	$0
Other Current Assets	$140M
TOTAL CURRENT ASSETS	$21.5B
PP&E (Net)	$1.4B
Goodwill	$1.1B
Intangible Assets	$0
Long-Term Investments	$60.6B
Tax Assets	$0
Other Non-Current Assets	$3.3B
TOTAL NON-CURRENT ASSETS	$66.4B
TOTAL ASSETS	$88.0B
Account Payables	$0
Short-Term Debt	$382M
Deferred Revenue	$0
Other Current Liabilities	$76.9B
TOTAL CURRENT LIABILITIES	$77.3B
Long-Term Debt	$2.0B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$1.4B
TOTAL NON-CURRENT LIABILITIES	$3.4B
TOTAL LIABILITIES	$80.7B
Common Stock	$1.7B
Additional Paid-In Capital	$0
Retained Earnings	$7.5B
Treasury Stock	$0
Accum. Other Comp. Income	-$1.9B
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$7.3B
Minority Interest	$0
TOTAL EQUITY	$7.3B
TOTAL LIABILITIES & EQUITY	$88.0B
Total Debt	$2.3B
Net Debt	-$57M