Sep 2026 (Q3 FY26) — Oct 19, 2026
Zions Bancorporation Q3 FY26 — Strong Deposit Growth and Strategic Fee Income Expansion
Read the full callZions Bancorporation earnings: last reported Mon, 19 Oct 2026, for the quarter ended Sep 2026.
Reported
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 182 | +11.0% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | Operating profit / revenue | Quarter to Jun 2026 | Not in the filed figures for the quarter to jun 2026. No older figure is substituted. | ||
| Net profit | 453 | +85.7% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
Guidance
13 of 14 judged targets kept · 24 open · verdicts reflect calls analysed to Jun 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Business Beyond (small business account), broad rollout | Roll out more broadly across affiliate banks within Q2 FY26 | Mar 2026 | In the second quarter, we introduced an upgraded feature-rich deposit and payments account for small businesses, which we're marketing as the Business Beyond Account. | Achieved |
| Net interest margin, long-term target | Back to 'mid-3s' / approximately 3.50% NIM | Dec 2024 | Margin is interesting, but NII is where ultimately what the juice is in terms of profitability. | Diluted |
| Acceleration of capital return (share buybacks) | Begin accelerating capital returns in 2H FY26 | Dec 2025 | I think, Ken, if the economy continues to cooperate with our plan kind of plays out as we expect, I would expect that we'll incrementally continue to increase the capital repatriation to our owners. | On Track |
1 of ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/'s 38 targets was missed. See which ones, and which are quietly gone. The 3 above are the free sample; 35 more targets are in the full ledger.
Claimed
Qualified
Price
1Y: $51.69 on 22 Oct 2025 → $66.2. High $73.31 (16 Jul 2026), low $48.92 (17 Nov 2025).
Overview
Guidance
13 of 14 judged targets kept · 24 open · verdicts reflect calls analysed to Jun 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Business Beyond (small business account), broad rollout | Roll out more broadly across affiliate banks within Q2 FY26 | Mar 2026 | In the second quarter, we introduced an upgraded feature-rich deposit and payments account for small businesses, which we're marketing as the Business Beyond Account. | Achieved |
| Net interest margin, long-term target | Back to 'mid-3s' / approximately 3.50% NIM | Dec 2024 | Margin is interesting, but NII is where ultimately what the juice is in terms of profitability. | Diluted |
| Acceleration of capital return (share buybacks) | Begin accelerating capital returns in 2H FY26 | Dec 2025 | I think, Ken, if the economy continues to cooperate with our plan kind of plays out as we expect, I would expect that we'll incrementally continue to increase the capital repatriation to our owners. | On Track |
Claimed
Qualified
The full ledger
A free account opens 5 company ledgers a month. All 38 tracked commitments, with each call’s wording and source.
Call summaries
Zions Bancorporation Q3 FY26 — Strong Deposit Growth and Strategic Fee Income Expansion
Read the full callZions Bancorporation Q2 FY26 — Strong Earnings and Capital Markets Growth
Read the full callZions Bancorp Q1 FY26 — Strong Capital Position and Strategic Growth Initiatives
Read the full callEvery analysed call
Financials
Net profit, year on year: +86% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 161 | 173 | 158 | 164 | 163 | 177 | 172 | 182 |
| Net profit | 214 | 216 | 170 | 244 | 222 | 263 | 233 | 453 |
| EPS ($ per share) | 1.37 | 1.34 | 1.13 | 1.63 | 1.48 | 1.76 | 1.56 | 3.05 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 0 | — | — | — | — | 1,731 | 1,737 | 1,726 |
| Reserves | 3,456 | 4,009 | 4,309 | 5,175 | 5,811 | 6,212 | 6,701 | 7,329 |
| Total liabilities | 61,168 | 61,819 | 73,593 | 85,737 | 84,652 | 81,512 | 82,651 | 81,510 |
| Fixed assets | 1,124 | 1,142 | 1,209 | 1,319 | 1,408 | 1,400 | 1,366 | 1,363 |
| Total assets | 68,746 | 69,172 | 81,479 | 93,200 | 89,545 | 87,203 | 88,775 | 88,690 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 1,176 | 697 | 719 | 629 | 1,470 | 885 | 1,148 | 1,073 |
| Cash from investing | -2,706 | 375 | -12,204 | -11,579 | 1,405 | 2,370 | -1,640 | 738 |
| Cash from financing | 1,596 | -981 | 11,323 | 11,002 | -2,813 | -3,196 | 427 | -1,779 |
| Net cash flow | 66 | 91 | -162 | 52 | 62 | 59 | -65 | 32 |
| Capital expenditure | -129 | -117 | -171 | -206 | -190 | -113 | -97 | -121 |
| Free cash flow | 1,047 | 580 | 548 | 423 | 1,280 | 772 | 1,051 | 952 |
| Segment | Q3 FY2024 | Q4 FY2024 | Q1 FY2025 | Q2 FY2025 | Q3 FY2025 | Q4 FY2025 | Q1 FY2026 | Q2 FY2026 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|---|---|
| Zions Bank | 30% | 30% | 29% | 29% | 30% | 26% | 28% | 29% | -14.6% |
| Amegy Corporation | 25% | 26% | 30% | 24% | 28% | 25% | 26% | 26% | -10.0% |
| California Bank and Trust | 15% | 14% | 14% | 19% | 18% | 20% | 20% | 15% | -32.3% |
| Nevada State Bank | 9% | 8% | 8% | 8% | 8% | 7% | 8% | 9% | -7.7% |
| National Bank Of Arizona | 8% | 7% | 8% | 7% | 7% | 6% | 7% | 8% | 0.0% |
| Vectra Bank Colorado | 5% | 5% | 5% | 5% | 6% | 5% | 5% | 5% | -12.5% |
| The Commerce Bank Northwest | — | — | — | — | — | — | — | 1% | — |
Share of consolidated revenue by quarter. Q4 is the fiscal year less its first three quarters.
See how segments are shifting across companies → Segment Shift
| KPI | Mar 2026 Q1 FY26 | Jun 2026 Q2 FY26 | Sep 2026 Q3 FY26 | Change vs prior quarter |
|---|---|---|---|---|
| Net interest margin | 3.27%The net interest margin was 3.27%, down 4 basis points from the prior quarter, reflecting lower earning asset yields and the decline in average demand deposits partially offset by improved funding costs.Source: earnings call transcript | 3.27%The net interest margin was stable to the prior quarter at 3.27% and up 10 basis points from a year ago.Source: earnings call transcript | 3.23%The net interest margin was 3.23% and down 4 basis points from the prior quarter and down 5 basis points from a year ago.Source: earnings call transcript | 0 pt |
| Common equity tier 1 ratio (CET1) | 11.5%The Common Equity Tier 1 ratio was 11.5%, flat during the quarter as earnings growth was somewhat offset by the $77 million in common shares repurchased and dividends paid in addition to the growth in risk-weighted assets.Source: earnings call transcript | — | 11.8%The common equity Tier 1 ratio remained stable at 11.8% during the quarter, notwithstanding a $229 million increase in goodwill and intangible assets arising from our newly acquired multifamily agency business.Source: earnings call transcript | — |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
134 filings between Oct 27, 2025 and Aug 11, 2026.
Purchases
$265.6K
1 purchase by 1 insider
Sales
$10.21M
22 sales by 7 insiders
Also filed: 11 gifts, 1 disposition to issuer.
| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| MCLEAN SCOTT J | — | $7.66M | Aug 4, 2026 |
| STEPHENS STEVEN DAN | — | $1.02M | Feb 6, 2026 |
| Smith Jennifer Anne | — | $983.7K | May 8, 2026 |
| Law Scott A. | — | $333.7K | Aug 4, 2026 |
| SIMMONS HARRIS H | $265.6K | — | Feb 24, 2026 |
| Steward Derek | — | $108.8K | Jul 28, 2026 |
| Ellingsen Eric | — | $93.1K | Feb 2, 2026 |
| Arbuckle Jason D. | — | $11.7K | Feb 20, 2026 |
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Aug 11, 2026 | SIMMONS HARRIS H Chairman & CEO | Gift | 30,242 | $0 |
| Aug 11, 2026 | SIMMONS HARRIS H Chairman & CEO | Gift | 30,242 | $0 |
| Aug 4, 2026 | Law Scott A. Executive Vice President | Sale | 903 | $65.3K |
| Aug 4, 2026 | MCLEAN SCOTT J President | Option exercise | 1,891 | $100.0K |
| Aug 4, 2026 | MCLEAN SCOTT J President | Sale | 18,820 | $1.33M |
| Aug 4, 2026 | MCLEAN SCOTT J President | Sale | 14,465 | $1.02M |
| Aug 4, 2026 | MCLEAN SCOTT J President | Option exercise | 2,055 | $100.0K |
| Aug 4, 2026 | Law Scott A. Executive Vice President | Sale | 3,705 | $268.4K |
| Aug 4, 2026 | MCLEAN SCOTT J President | Option exercise | 18,820 | $915.6K |
| Aug 4, 2026 | Law Scott A. Executive Vice President | Option exercise | 903 | $41.2K |
| Aug 4, 2026 | Law Scott A. Executive Vice President | Option exercise | 3,705 | $169.1K |
| Aug 4, 2026 | MCLEAN SCOTT J President | Option exercise | 14,465 | $765.2K |
| Aug 3, 2026 | MCLEAN SCOTT J President | Sale | 18,000 | $1.27M |
| Aug 3, 2026 | MCLEAN SCOTT J President | Sale | 32,000 | $2.27M |
| Aug 3, 2026 | SIMMONS HARRIS H Chairman & CEO | Gift | 172,391 | $0 |
| Aug 3, 2026 | SIMMONS HARRIS H Chairman & CEO | Gift | 172,391 | $0 |
| Jul 31, 2026 | SIMMONS HARRIS H Chairman & CEO | Gift | 141,720 | $0 |
| Jul 31, 2026 | SIMMONS HARRIS H Chairman & CEO | Gift | 141,720 | $0 |
| Jul 28, 2026 | MCLEAN SCOTT J President | Sale | 6,650 | $0 |
| Jul 28, 2026 | Steward Derek Executive Vice President | Sale | 894 | $62.3K |
| Jul 28, 2026 | Steward Derek Executive Vice President | Option exercise | 894 | $40.8K |
| Jun 2, 2026 | Callister Nathan Executive Vice President | Tax withheld | 922 | $57.2K |
| May 8, 2026 | Smith Jennifer Anne Executive Vice President | Sale | 4,209 | $263.1K |
| May 6, 2026 | Richards Robert Ryan Controller | Option exercise | 2,004 | $106.0K |
| May 4, 2026 | Smith Jennifer Anne Executive Vice President | Sale | 550 | $34.6K |
| May 1, 2026 | Contreras-Sweet Maria Director | Award | 2,055 | $130.0K |
| May 1, 2026 | Murphy Edward F Director | Award | 2,055 | $130.0K |
| May 1, 2026 | Yastine Barbara A. Director | Award | 2,055 | $130.0K |
| Apr 28, 2026 | Law Scott A. Executive Vice President | Tax withheld | 1,343 | $85.1K |
| Apr 28, 2026 | Law Scott A. Executive Vice President | Option exercise | 1,974 | $85.0K |
| Apr 2, 2026 | Smith Jennifer Anne Executive Vice President | Disposition to issuer | 15,671 | $0 |
| Apr 1, 2026 | Richards Robert Ryan Controller | Tax withheld | 315 | $18.4K |
| Apr 1, 2026 | Miller Rena A. Executive VP & General Counsel | Tax withheld | 155 | $9.0K |
| Mar 6, 2026 | STEPHENS STEVEN DAN Executive Vice President | Tax withheld | 95 | $5.3K |
| Feb 26, 2026 | STEPHENS STEVEN DAN Executive Vice President | Tax withheld | 84 | $5.2K |
| Feb 24, 2026 | SIMMONS HARRIS H Chairman & CEO | Purchase | 4,500 | $265.6K |
| Feb 20, 2026 | Arbuckle Jason D. SVP - Controller | Sale | 190 | $11.7K |
| Feb 20, 2026 | Arbuckle Jason D. SVP - Controller | Gift | 214 | $0 |
| Feb 18, 2026 | Smith Jennifer Anne Executive Vice President | Option exercise | 1,890 | $100.0K |
| Feb 18, 2026 | Smith Jennifer Anne Executive Vice President | Sale | 1,890 | $118.1K |
| Feb 18, 2026 | Smith Jennifer Anne Executive Vice President | Sale | 199 | $12.4K |
| Feb 18, 2026 | Smith Jennifer Anne Executive Vice President | Option exercise | 199 | $10.5K |
| Feb 13, 2026 | Kyriakakis Christopher EVP - Chief Risk Officer | Tax withheld | 364 | $22.3K |
| Feb 13, 2026 | Richards Robert Ryan Controller | Tax withheld | 277 | $17.0K |
| Feb 13, 2026 | MCLEAN SCOTT J President | Tax withheld | 1,285 | $78.7K |
| Feb 13, 2026 | Miller Rena A. Executive VP & General Counsel | Tax withheld | 48 | $2.9K |
| Feb 13, 2026 | STEPHENS STEVEN DAN Executive Vice President | Tax withheld | 327 | $20.0K |
| Feb 13, 2026 | Smith Jennifer Anne Executive Vice President | Tax withheld | 384 | $23.5K |
| Feb 13, 2026 | Arbuckle Jason D. SVP - Controller | Tax withheld | 37 | $2.3K |
| Feb 13, 2026 | SIMMONS HARRIS H Chairman & CEO | Tax withheld | 3,468 | $212.4K |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
Your own record
Free account. Everything above stays public.
Write why you follow ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/ and the condition you want checked. Inve compares your numeric conditions with available results and management guidance; your own conditions remain yours to review.
Keep reading