UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 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 of ...

Zions Bancorporation, National Association (NASDAQ:ZION) Q4 2023 Earnings Call Transcript January 22, 2024 5:30 PM ET Company Participants Shannon Drage - Director of IR Harris Simmons - Chairman and CEO Paul Burdiss - CFO Scott McLean - President and COO Derek Steward - Chief Credit Officer Conference Call Participants John Pancari - Evercore Dave Rochester - Compass Point Manan Gosalia - Morgan Stanley Ken Usdin - Jefferies Peter Winter - D.A. Davidson Chris McGratty - KBW Brandon King - Truist Securities ...

Fourth Quarter 2023 Financial Review ZIONS BANCORPORATION January 22, 2024 Forward-Looking Statements; Use of Non-GAAP Financial Measures 2 Forward Looking Information This earnings release includes "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations and assumptions regarding future events or determinations, all of which are subject to known and unknown risks, uncertainties, and other fa ...

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, 2023 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 ...

Financial Data and Key Metrics Changes - Customer deposits grew by $3 billion during the quarter, resulting in a 5% increase in period-end customer deposits and a 1% total deposit growth quarter-over-quarter [9][11] - Diluted earnings per share increased by $0.02 to $1.13, with net income reported at $168 million [12] - Adjusted pre-provision net revenue decreased to $272 million, down from $296 million, reflecting a 23% decline year-over-year [13][21] - Total deposit costs rose to 192 basis points from 127 basis points in the previous quarter [11][23] Business Line Data and Key Metrics Changes - Period-end loans remained flat compared to the prior quarter, indicating softening loan demand [11][22] - Non-interest income from customer-related activities was $157 million, a decrease of 3% from the previous quarter [19] - Adjusted non-interest expenses were flat at $493 million, with reported expenses decreasing to $496 million [21] Market Data and Key Metrics Changes - Average deposit balances increased by 9% in the third quarter, while ending balances grew by 1% compared to the second quarter [23] - The cost of deposits increased to 192 basis points, reflecting a repricing beta of 36% for total deposits [23] Company Strategy and Development Direction - The company aims to maintain a strong loan-to-deposit ratio while continuing to grow customer deposits [62] - Management emphasized a commitment to managing balance sheet risks and optimizing funding sources [10][24] - The outlook for net interest income is stable, with expectations for loan growth to remain flat [18][29] Management's Comments on Operating Environment and Future Outlook - Management noted that credit quality remains strong, with non-performing assets increasing primarily due to specific office loans in Southern California [30][33] - The company expects to maintain strong levels of regulatory capital while managing a below-average risk profile [34] - Management acknowledged inflationary pressures impacting expense management efforts [52][53] Other Important Information - The Chief Credit Officer position was transitioned to Derek Steward following the retirement of Michael Morris [8] - The company celebrated its 150th anniversary, highlighting its long-standing commitment to community and customer service [6][7] Q&A Session Summary Question: Inquiry about NII decline in September - Management explained that monthly NII figures can fluctuate and emphasized the expectation of stable NII moving forward [37][39] Question: Expectations for deposit flows and beta - Management indicated a continued increase in deposit rates and migration from non-interest bearing to interest-bearing deposits [44][46] Question: Potential for loan growth - Management expressed caution regarding loan growth forecasts, noting recent weak demand but acknowledging potential for slight increases [48][50] Question: Expense rationalization efforts - Management discussed inflationary pressures affecting expense management and the impact of core system upgrades on expenses [51][55] Question: Clarification on deposit beta and costs - Management clarified that the increase in deposit costs is due to the lagging effect of deposit rates and migration trends [57][59]

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 June 30, 2023 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 ...

Zions Bancorporation, National Association (NASDAQ:ZION) Q2 2023 Earnings Conference Call July 19, 2023 5:30 PM ET Company Participants Shannon Drage - Director of Investor Relations Harris Simmons - Chairman and Chief Executive Officer Paul Burdiss - Chief Financial Officer Scott McLean - President and Chief Operating Officer Conference Call Participants Manan Gosalia - Morgan Stanley John Pancari - Evercore ISI Steven Alexopoulos - JPMorgan Nick Moutafakis - KBW Operator Greetings, and welcome to Zions Ba ...

Second Quarter 2023 Financial Review ZIONS BANCORPORATION July 19, 2023 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 ...

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, 2023 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 ...

Zions Bancorporation, National Association (NASDAQ:ZION) Q1 2023 Earnings Conference Call April 19, 2023 5:30 PM ET Company Participants James Abbott - Director, Investor Relations Harris Simmons - Chairman and Chief Executive Officer Paul Burdiss - Chief Financial Officer Michael Morris - Chief Credit Officer Scott McLean - President and Chief Operating Officer Conference Call Participants Manank Gosalia - Morgan Stanley Dave Rochester - Compass Point John Pancari - Evercore ISI Brad Milsaps - Piper Sandle ...