Zions Bancorporation, N.A. One South Main Salt Lake City, UT 84133 January 21, 2025 www.zionsbancorporation.com Fourth Quarter 2024 Financial Results: FOR IMMEDIATE RELEASE Investor Contact: Shannon Drage (801) 844-8208 Media Contact: Rob Brough (801) 844-7979 Zions Bancorporation, N.A. reports: 4Q24 Net Earnings of $200 million, diluted EPS of $1.34 compared with 4Q23 Net Earnings of $116 million, diluted EPS of $0.78, and 3Q24 Net Earnings of $204 million, diluted EPS of $1.37 | | | FOURTH QUARTER | | RES ...

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, 2024 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, N.A. One South Main Salt Lake City, UT 84133 October 21, 2024 www.zionsbancorporation.com Third Quarter 2024 Financial Results: FOR IMMEDIATE RELEASE Investor Contact: Shannon Drage (801) 844-8208 Media Contact: Rob Brough (801) 844-7979 Zions Bancorporation, N.A. reports: 3Q24 Net Earnings of $204 million, diluted EPS of $1.37 compared with 3Q23 Net Earnings of $168 million, diluted EPS of $1.13, and 2Q24 Net Earnings of $190 million, diluted EPS of $1.28 THIRD QUARTER RESULTS | $1.37 ...

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, 2024 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 ...

Part I. Financial Information [Management's Discussion and Analysis of Financial Condition and Results of Operations](index=4&type=section&id=Item%202.%20Management's%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) In the first quarter of 2024, Zions Bancorporation reported diluted EPS of $0.96, a decrease from $1.33 in the prior year, driven by a 14% decline in net interest income due to higher funding costs, partially offset by a lower provision for credit losses, with loan growth and a 7% increase in total deposits year-over-year, stable credit quality, and strong capital ratios Q1 2024 Financial Highlights vs. Q1 2023 | Metric | Q1 2024 | Q1 2023 | Change | | :--- | :--- | :--- | :--- | | Diluted EPS | $0.96 | $1.33 | (27.8)% | | Net Interest Income | $586 million | $679 million | (14)% | | Provision for Credit Losses | $13 million | $45 million | (71)% | | Noninterest Expense | $526 million | $512 million | +3% | | Net Loan Charge-offs | $6 million (0.04% of avg. loans) | $0 million | N/A | - Total loans and leases increased by **$1.8 billion (3%)** year-over-year, driven by growth in consumer 1-4 family residential mortgages and commercial real estate (CRE) loans[19](index=19&type=chunk) - Total deposits grew by **$5.0 billion (7%)** year-over-year, with a notable shift from noninterest-bearing to interest-bearing accounts, reaching **$69.9 billion** in customer deposits (excluding brokered)[19](index=19&type=chunk) - Total borrowed funds decreased significantly by **$7.3 billion (57%)** from the prior year, largely due to the increase in interest-bearing deposits[19](index=19&type=chunk) [Results of Operations](index=5&type=section&id=Results%20of%20Operations) The company's results of operations in Q1 2024 were characterized by a significant 14% decrease in net interest income to $586 million, as rising funding costs outpaced higher earning asset yields, a substantially lower provision for credit losses at $13 million, flat noninterest income, and a 3% rise in noninterest expense due to a $13 million FDIC special assessment accrual [Balance Sheet Analysis](index=16&type=section&id=Balance%20Sheet%20Analysis) As of March 31, 2024, the balance sheet showed a 1% quarterly increase in the loan and lease portfolio to $58.1 billion, a 2% decrease in the investment securities portfolio to $21.7 billion in amortized cost, a slight 1% quarterly decrease in total deposits to $74.2 billion with 43% uninsured, and a loan-to-deposit ratio of 78% [Risk Management](index=21&type=section&id=Risk%20Management) The bank actively manages credit, interest rate, liquidity, and capital risks, demonstrating stable credit performance with low charge-offs, an asset-sensitive interest rate position, strong liquidity with $41.6 billion available sources covering 130% of uninsured deposits, and robust capital ratios, including a 10.4% CET1 ratio, exceeding all regulatory requirements [Financial Statements (Unaudited)](index=41&type=section&id=Item%201.%20Financial%20Statements%20(Unaudited)) This section presents the unaudited consolidated financial statements for the period ended March 31, 2024, including the Consolidated Balance Sheets, Statements of Income, Statements of Comprehensive Income, Statements of Changes in Shareholders' Equity, and Statements of Cash Flows, along with detailed Notes Consolidated Balance Sheet Highlights (in millions) | Account | March 31, 2024 | December 31, 2023 | | :--- | :--- | :--- | | Total Assets | $87,060 | $87,203 | | Loans held for investment, net | $57,410 | $57,095 | | Total Deposits | $74,237 | $74,961 | | Total Liabilities | $81,231 | $81,512 | | Total Shareholders' Equity | $5,829 | $5,691 | Consolidated Statement of Income Highlights (in millions) | Account | Three Months Ended March 31, 2024 | Three Months Ended March 31, 2023 | | :--- | :--- | :--- | | Net Interest Income | $586 | $679 | | Provision for Credit Losses | $13 | $45 | | Noninterest Income | $156 | $160 | | Noninterest Expense | $526 | $512 | | Net Income | $153 | $204 | | Net Earnings Applicable to Common Shareholders | $143 | $198 | [Notes to Consolidated Financial Statements](index=45&type=section&id=Notes%20to%20Consolidated%20Financial%20Statements) The notes provide detailed disclosures supporting the consolidated financial statements, covering basis of presentation, fair value measurements, investment securities, loan portfolio and allowance for credit losses, derivatives, leases, debt, equity, commitments, and operating segment information - Note 6 provides a detailed breakdown of the loan portfolio, with Commercial loans totaling **$30.5 billion**, Commercial Real Estate loans at **$13.6 billion**, and Consumer loans at **$14.1 billion** as of March 31, 2024[189](index=189&type=chunk) - Note 10 discloses material legal proceedings, including two cases related to a bankrupt borrower and a case concerning foreign transaction fees, with an aggregate range of reasonably possible losses estimated from zero to approximately **$10 million** in excess of accrued amounts[248](index=248&type=chunk)[249](index=249&type=chunk) - Note 14 details operating segment performance for Q1 2024, showing Zions Bank as the largest segment by income before taxes (**$76 million**), followed by California Bank & Trust (**$43 million**) and Amegy Bank (**$38 million**)[266](index=266&type=chunk) [Quantitative and Qualitative Disclosures About Market Risk](index=83&type=section&id=Item%203.%20Quantitative%20and%20Qualitative%20Disclosures%20About%20Market%20Risk) This section identifies interest rate risk as the company's most significant market risk and refers to the "Interest Rate and Market Risk Management" section of the MD&A for further detailed discussion - The company identifies interest rate and market risk as its most significant risks, which are closely monitored by management[267](index=267&type=chunk) [Controls and Procedures](index=83&type=section&id=Item%204.%20Controls%20and%20Procedures) Management, including the CEO and CFO, concluded that the company's disclosure controls and procedures were effective as of March 31, 2024, with no material changes to internal control over financial reporting occurring during the first quarter of 2024 - The CEO and CFO concluded that the company's disclosure controls and procedures were **effective** as of March 31, 2024[268](index=268&type=chunk) - There were **no material changes** in internal control over financial reporting during the first quarter of 2024[268](index=268&type=chunk) Part II. Other Information [Legal Proceedings](index=83&type=section&id=Item%201.%20Legal%20Proceedings) This section incorporates by reference the information on legal proceedings detailed in Note 10 of the Notes to Consolidated Financial Statements, including ongoing cases related to a bankrupt borrower and a class action regarding foreign transaction fees - The company is involved in several legal proceedings, with details provided in Note 10 of the financial statements[269](index=269&type=chunk) [Risk Factors](index=83&type=section&id=Item%201A.%20Risk%20Factors) The company reports that there have been no material changes to the risk factors previously disclosed in its 2023 Form 10-K - **No material changes** to risk factors were reported since the 2023 Form 10-K filing[270](index=270&type=chunk) [Unregistered Sales of Equity Securities and Use of Proceeds](index=83&type=section&id=Item%202.%20Unregistered%20Sales%20of%20Equity%20Securities%20and%20Use%20of%20Proceeds) This section details the company's share repurchase activities for the first quarter of 2024, with a total of 890,167 shares repurchased in February as part of a publicly announced plan Share Repurchases in Q1 2024 | Period | Total Shares Repurchased | Average Price Paid per Share | | :--- | :--- | :--- | | January | — | — | | February | 890,167 | $39.32 | | March | — | — | | **First Quarter 2024** | **890,167** | **$39.32** | [Other Information](index=83&type=section&id=Item%205.%20Other%20Information) The company states that none of its directors or officers adopted, modified, or terminated a Rule 10b5-1(c) trading arrangement during the first quarter of 2024 - **No directors or officers adopted, modified, or terminated** a Rule 10b5-1(c) trading arrangement in Q1 2024[272](index=272&type=chunk) [Exhibits](index=84&type=section&id=Item%206.%20Exhibits) This section lists the exhibits filed with the Form 10-Q, including corporate governance documents, the Zions Bancorporation 2024-2026 Value Sharing Plan, CEO/CFO certifications, and financial data formatted in Inline XBRL - Key exhibits filed include the **2024-2026 Value Sharing Plan (10.1)**, **CEO/CFO certifications (31.1, 31.2, 32)**, and **Inline XBRL financial data (101)**[273](index=273&type=chunk)

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 ...

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 ...

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 ...

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 ...

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, 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 of A ...