Zions Bancorporation, National Association Surveillance Report
Company Profile
Zions Bancorporation, N.A. (NASDAQ: ZION) (“Zions” or the “bank”) is an $87 billion-asset commercial bank headquartered in Salt Lake City (UT) that conducts business through seven separately managed and geographically defined affiliate bank divisions across 11 Western and Southwestern U.S. states. Affiliate divisions operate in each of their respective states under their heritage bank brand using local names and management teams, as Zions had consolidated the bank subsidiaries into a single charter in 2015. Zions commands solid deposit market share in its home state of Utah and notable share positions across its geographic footprint. In 2018, Zions merged its bank holding company into the bank, further reducing organizational complexity and eliminating duplicative regulatory oversight.
Zions’ loan portfolio is well-diversified, with 52% in commercial loans, including $17.5 billion in C&I, encompassing several specialty segments, and $9.4 billion in…
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