Revenue: As of FY2025, the actual value is USD 3.385 B.EPS: As of FY2025, the actual value is USD 6.01, beating the estimate of USD 5.8388.EBIT: As of FY2025, the actual value is USD -1.38 B.<h4>Overall Company Performance</h4>Zions Bancorporation, National Association reported an 8% increase in Net Interest Income, reaching $2,627 million in 2025, driven by lower funding costs and a favorable shift in interest-earning asset composition, with the net interest margin improving to 3.21% from 3.00%. Noninterest Income rose by 8% to $758 million in 2025, primarily due to a 4% increase in customer-related noninterest income (including higher retail and business banking fees, capital markets fees, and loan-related fees) and a 57% increase in noncustomer-related noninterest income from higher net securities gains. The Provision for Credit Losses remained flat at $72 million in both 2025 and 2024, while the Allowance for Credit Losses (ACL) decreased to $724 million at December 31, 2025, from $741 million in 2024, leading to an ACL to total loans and leases ratio of 1.19% in 2025, down from 1.25% in 2024. Noninterest Expense increased by 4% to $2,138 million in 2025, mainly due to a 5% rise in salaries and employee benefits, as well as increases in technology, telecom, information processing, marketing, and business development expenses, partially offset by a $27 million reduction in deposit insurance and regulatory expenses. Total Loans and Leases grew by $1.5 billion, or 3%, to $60,917 million, driven by commercial and industrial, term CRE, and consumer 1-4 family residential loan portfolios, with net loan and lease charge-offs increasing to $89 million (0.15% of average loans and leases) in 2025 from $60 million (0.10%) in 2024, largely due to a $50 million loss on two related commercial loans. Total Deposits decreased by 1% to $75,644 million, mainly due to a decline in interest-bearing deposits, partially offset by an increase in noninterest-bearing demand deposits. Total Borrowed Funds decreased by 4% to $206 million, primarily due to a reduction in short-term advances from the Federal Home Loan Bank (FHLB), partially offset by the issuance of $500 million in 4.70% Fixed-to-Floating Senior Notes. Nonperforming Assets totaled $320 million (0.52% of total loans and leases and OREO) in 2025, compared to $298 million (0.50%) in 2024.<h4>Segmented Performance Highlights (2025 vs. 2024)</h4><ul><li>Zions Bank: Net interest income increased by 7% to $738 million. Provision for credit losses increased significantly to $14 million from - $8 million. Total loans grew by 1% to $15,044 million, while total deposits decreased by 1% to $21,155 million. Nonperforming assets increased by 100% to $58 million.</li><li>California Bank &amp; Trust (CB&amp;T): Net interest income increased by 11% to $647 million. Provision for credit losses increased by 26% to $53 million. Total loans grew by 6% to $15,441 million, and total deposits increased by 9% to $15,868 million. Net loan and lease charge-offs increased by 35% to $58 million.</li><li>Amegy Bank: Net interest income increased by 14% to $565 million. Provision for credit losses decreased by 64% to $8 million. Total loans grew by 4% to $14,465 million, while total deposits remained flat at $15,319 million. Nonperforming assets decreased by 24% to $58 million.</li><li>National Bank of Arizona (NBAZ): Net interest income increased by 7% to $262 million. Provision for credit losses decreased to - $14 million from $17 million. Total loans decreased by 1% to $5,591 million, while total deposits increased by 1% to $6,968 million. Nonperforming assets increased by 40% to $14 million.</li><li>Nevada State Bank (NSB): Net interest income increased by 8% to $213 million. Provision for credit losses decreased significantly to - $2 million from - $11 million. Total loans grew by 1% to $3,730 million, and total deposits increased by 2% to $7,236 million. Nonperforming assets decreased by 19% to $34 million.</li><li>Vectra Bank Colorado (Vectra): Net interest income decreased by 3% to $143 million. Provision for credit losses increased significantly to $9 million from $3 million. Total loans decreased by 6% to $3,652 million, and total deposits decreased by 3% to $3,490 million. Nonperforming assets decreased by 41% to $17 million.</li><li>The Commerce Bank of Washington (TCBW): Net interest income increased by 13% to $71 million. Provision for credit losses decreased by 67% to $3 million. Total loans grew by 8% to $2,098 million, while total deposits decreased by 11% to $1,042 million. Nonperforming assets increased significantly to $30 million from $6 million.</li></ul><h4>Outlook / Guidance</h4>Regulatory proposals like the Basel III Endgame and expanded long-term debt requirements introduce uncertainty regarding their impact on Zions Bancorporation, National Association’s capital costs and financing expenses. The OCC’s proposed increase in the asset threshold for “Heightened Standards” to $700 billion could exempt the Bank if adopted. Additionally, a proposed amendment to Regulation II may reduce annual fee income by $10 million or more, and the CFPB’s Open Banking rule has a compliance deadline of April 1, 2027, subject to ongoing litigation.

Zions Bancorp | 10-K: FY2025 Revenue: USD 3.385 B