2022 Fourth Quarter Investor Update ZIONS BANCORPORATION November 2022 Forward-Looking Statements; Use of Non-GAAP Financial Measures 2 Forward Looking Information This earnings presentation includes "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements, often accompanied by words such as "may," "might," "could," "anticipate," "expect," and similar terms, are based on management's current expectations and assumptions regarding future e ...

2022 Fourth Quarter Investor Update ZIONS BANCORPORATION November 2022 Forward-Looking Statements; Use of Non-GAAP Financial Measures 2 Forward Looking Information This earnings presentation includes "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements, often accompanied by words such as "may," "might," "could," "anticipate," "expect," and similar terms, are based on management's current expectations and assumptions regarding future e ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ COMMISSION FILE NUMBER 001-12307 ZIONS BANCORPORATION, NATIONAL ASSOCIATION (Exact name of registrant as specified in its charter) United St ...

Zions Bancorporation, National Association (NASDAQ:ZION) Q3 2022 Earnings Conference Call October 24, 2022 5:30 PM ET Company Participants Ryan Richards - Corporate Controller Harris Simmons - Chairman and CEO Paul Burdiss - CFO Scott McLean - President and COO Keith Maio - Chief Risk Officer Michael Morris - Chief Credit Officer Conference Call Participants John Pancari - Evercore ISI Ebrahim Poonawala - Bank of America Dave Rochester - Compass Point Ken Usdin - Jefferies Brad Milsaps - Piper Sandler Jenni ...

[FORM 10-Q](index=1&type=section&id=FORM%2010-Q) [Table of Contents](index=2&type=section&id=Table%20of%20Contents) [GLOSSARY OF ACRONYMS AND ABBREVIATIONS](index=3&type=section&id=GLOSSARY%20OF%20ACRONYMS%20AND%20ABBREVIATIONS) [PART I. FINANCIAL INFORMATION](index=4&type=section&id=PART%20I.%20FINANCIAL%20INFORMATION) [ITEM 1. FINANCIAL STATEMENTS (Unaudited)](index=36&type=section&id=ITEM%201.%20FINANCIAL%20STATEMENTS%20(Unaudited)) This section presents unaudited consolidated financial statements, including balance sheets, income, comprehensive income, equity, and cash flow statements, with detailed notes [Consolidated Balance Sheets](index=36&type=section&id=Consolidated%20Balance%20Sheets) The consolidated balance sheets show a decrease in total assets and total shareholders' equity from December 31, 2021, to June 30, 2022, primarily driven by a significant decrease in money market investments and accumulated other comprehensive income (loss) | Metric | June 30, 2022 (Millions) | Dec 31, 2021 (Millions) | Change (Millions) | | :--------------------------------- | :----------------------- | :---------------------- | :---------------- | | Total Assets | $87,784 | $93,200 | $(5,416) | | Money Market Investments (Interest-bearing deposits) | $1,249 | $10,283 | $(9,034) | | Total Deposits | $79,061 | $82,789 | $(3,728) | | Total Shareholders' Equity | $5,632 | $7,463 | $(1,831) | | Accumulated Other Comprehensive Income (Loss) | $(2,100) | $(80) | $(2,020) | [Consolidated Statements of Income](index=37&type=section&id=Consolidated%20Statements%20of%20Income) The consolidated statements of income show a decrease in net earnings applicable to common shareholders for both the three and six months ended June 30, 2022, compared to the prior year periods, largely due to a significant increase in the provision for credit losses and a decrease in noninterest income | Metric | Three Months Ended June 30, 2022 (Millions) | Three Months Ended June 30, 2021 (Millions) | Six Months Ended June 30, 2022 (Millions) | Six Months Ended June 30, 2021 (Millions) | | :--------------------------------- | :---------------------------------------- | :---------------------------------------- | :--------------------------------------- | :--------------------------------------- | | Net Earnings Applicable to Common Shareholders | $195 | $345 | $390 | $659 | | Total Provision for Credit Losses | $41 | $(123) | $8 | $(255) | | Total Noninterest Income | $172 | $205 | $314 | $374 | [Consolidated Statements of Comprehensive Income (Loss)](index=38&type=section&id=Consolidated%20Statements%20of%20Comprehensive%20Income%20(Loss)) The consolidated statements of comprehensive income (loss) reflect a significant shift from comprehensive income in the prior year to a comprehensive loss in 2022, primarily driven by large net unrealized holding losses on investment securities and derivative instruments | Metric | Three Months Ended June 30, 2022 (Millions) | Three Months Ended June 30, 2021 (Millions) | Six Months Ended June 30, 2022 (Millions) | Six Months Ended June 30, 2021 (Millions) | | :--------------------------------- | :---------------------------------------- | :---------------------------------------- | :--------------------------------------- | :--------------------------------------- | | Comprehensive Income (Loss) | $(551) | $381 | $(1,614) | $526 | | Net Unrealized Holding Gains (Losses) on Investment Securities | $(698) | $34 | $(1,820) | $(130) | | Net Unrealized Holding Gains (Losses) on Derivative Instruments | $(50) | $3 | $(184) | $0 | [Consolidated Statements of Changes in Shareholders' Equity](index=38&type=section&id=Consolidated%20Statements%20of%20Changes%20in%20Shareholders'%20Equity) Total shareholders' equity significantly decreased during the first six months of 2022, primarily due to a substantial accumulated other comprehensive loss, partially offset by net income, with common stock repurchases also contributing to the decrease | Metric | June 30, 2022 (Millions) | Dec 31, 2021 (Millions) | | :--------------------------------- | :----------------------- | :---------------------- | | Total Shareholders' Equity | $5,632 | $7,463 | | Accumulated Other Comprehensive Income (Loss) | $(2,100) | $(80) | | Bank Common Stock Repurchased (Six Months Ended June 30, 2022) | $101 | N/A | [Consolidated Statements of Cash Flows](index=40&type=section&id=Consolidated%20Statements%20of%20Cash%20Flows) For the first six months of 2022, net cash provided by operating activities increased significantly, while investing activities shifted from a net use to a net provide, and financing activities shifted to a net use, primarily due to a decrease in deposits and redemption of long-term debt | Metric | Six Months Ended June 30, 2022 (Millions) | Six Months Ended June 30, 2021 (Millions) | | :--------------------------------- | :---------------------------------------- | :---------------------------------------- | | Net Cash Provided by Operating Activities | $804 | $283 | | Net Cash Provided by (Used in) Investing Activities | $3,297 | $(5,523) | | Net Cash (Used in) Provided by Financing Activities | $(4,137) | $5,222 | | Net (Decrease) Increase in Deposits | $(3,728) | $6,452 | | Redemption of Long-Term Debt | $290 | $0 | [Notes to Consolidated Financial Statements](index=41&type=section&id=Notes%20to%20Consolidated%20Financial%20Statements) These notes detail accounting policies and significant financial activities, covering presentation, pronouncements, fair value, investments, loans, derivatives, leases, debt, equity, commitments, revenue, income taxes, and operating segments [1. BASIS OF PRESENTATION](index=41&type=section&id=1.%20BASIS%20OF%20PRESENTATION) The unaudited consolidated financial statements are prepared in accordance with GAAP for interim financial information, with certain reclassifications made retrospectively to improve presentation of noninterest expense, and the company operates through seven separately managed bank divisions across 11 Western and Southwestern states - Financial reporting changes to noninterest expense were adopted retrospectively to January 1, 2020, without impacting net income, net interest income, or noninterest income[181](index=181&type=chunk) - Zions Bancorporation operates through seven separately managed bank divisions in 11 Western and Southwestern states[183](index=183&type=chunk) - In July 2022, three Northern Nevada branches were purchased, including approximately **$430 million in deposits** and **$95 million in commercial and consumer loans**[182](index=182&type=chunk)[288](index=288&type=chunk) [2. RECENT ACCOUNTING PRONOUNCEMENTS](index=42&type=section&id=2.%20RECENT%20ACCOUNTING%20PRONOUNCEMENTS) The company is evaluating new accounting standards, ASU 2022-02 and ASU 2022-03, effective for calendar year-end public companies beginning January 1, 2023, and January 1, 2024, respectively, with neither expected to have a material impact on financial statements - ASU 2022-02 eliminates TDR recognition/measurement guidance for CECL adopters and requires enhanced disclosures about loan modifications for borrowers experiencing financial difficulty[185](index=185&type=chunk) - ASU 2022-03 clarifies that contractual sale restrictions are not considered in fair value measurement of equity securities and requires additional disclosures[185](index=185&type=chunk) - Neither ASU is expected to have a material impact on the company's financial statements[185](index=185&type=chunk) [3. FAIR VALUE](index=43&type=section&id=3.%20FAIR%20VALUE) This section details fair value measurements, including quantitative disclosures by hierarchy levels, Level 3 rollforward, and nonrecurring measurements, with most fair-valued assets classified as Level 2 [Fair Value Measurements](index=43&type=section&id=Fair%20Value%20Measurements) Fair value is defined as the exit price in an orderly transaction between market participants, and the company's valuation methodologies and fair value hierarchy are consistent with prior disclosures - Fair value is the exchange price received for an asset or paid to transfer a liability in an orderly transaction[186](index=186&type=chunk) [Quantitative Disclosure by Fair Value Hierarchy](index=43&type=section&id=Quantitative%20Disclosure%20by%20Fair%20Value%20Hierarchy) The company's assets and liabilities measured at fair value on a recurring basis are primarily classified as Level 2, with a smaller portion in Level 1 and Level 3, and available-for-sale securities constitute the largest portion of fair-valued assets - Available-for-sale securities (AFS) are primarily **Level 2 ($24,855 million** at June 30, 2022)[187](index=187&type=chunk) Total Assets Measured at Fair Value (June 30, 2022) | Level | Amount (Millions) | Percentage | | :---- | :---------------- | :--------- | | Level 1 | $582 | 2.2% | | Level 2 | $25,838 | 97.5% | | Level 3 | $89 | 0.3% | | Total | $26,509 | 100% | - Private equity investments (PEIs) are split between **Level 1 ($9 million)** and **Level 3 ($77 million)** at June 30

Second Quarter 2022 Financial Review ZIONS BANCORPORATION July 26, 2022 Forward-Looking Statements; Use of Non-GAAP Financial Measures 2 Forward Looking Information This earnings presentation includes "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements, often accompanied by words such as "may," "might," "could," "anticipate," "expect," and similar terms, are based on management's current expectations and assumptions regarding future ...

Zions Bancorporation, National Association (NASDAQ:ZION) Q2 2022 Results Conference Call July 26, 2022 5:30 PM ET Company Participants James Abbott - Director of Investor Relations Harris Simmons - Chairman and Chief Executive Officer Paul Burdiss - Chief Financial Officer Scott McLean - President and Chief Operating Officer Keith Maio - Chief Risk Officer Michael Morris - Chief Credit Officer Conference Call Participants Ken Usdin - Jefferies Dave Rochester - Compass Point John Pancari - Evercore ISI Peter ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ COMMISSION FILE NUMBER 001-12307 ZIONS BANCORPORATION, NATIONAL ASSOCIATION (Exact name of registrant as specified in its charter) United States ...

First Quarter 2022 Financial Review ZIONS BANCORPORATION April 25, 2022 Forward-Looking Statements; Use of Non-GAAP Financial Measures 2 Forward Looking Information This earnings presentation includes "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements, often accompanied by words such as "may," "might," "could," "anticipate," "expect," and similar terms, are based on management's current expectations and assumptions regarding future ...

Zions Bancorporation, National Association (NASDAQ:ZION) Q1 2022 Earnings Conference Call April 25, 2022 5:30 PM ET Company Participants James Abbott - SVP, IR and Exterior Communications Harris Simmons - Chairman and CEO Scott McLean - President and COO Paul Burdiss - CFO Keith Maio - Chief Risk Officer Michael Morris - Chief Credit Officer Conference Call Participants Christ McGratty - KBW Ebrahim Poonawala - Bank of America Ken Usdin - Jefferies Jennifer Denba - Truist Securities John Pancari - Evercore ...