Company Overview - Zions Bancorp is an $89 billion asset bank headquartered in Salt Lake City, operating several segments including Zions Bank, Amegy, California Bank & Trust, National Bank of Arizona, Nevada State Bank, Vectra Bank Colorado, and Commerce Bank of Washington [1] Financial Performance - The bank has a mid-teens Return on Tangible Common Equity (ROTCE) and attractive deposit profile with noninterest bearing deposits at 24% [2] - Fee revenues account for 22% of total revenues, indicating a strong diversification in income sources [2] - The valuation is considered very attractive at 8 times the projected 2026 earnings and 1.3 times tangible book value, highlighting the bank's profitability relative to its market valuation [2]