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Zions Bancorporation ZION TCBNW — Occupancy and equipment, net

Other segment segments

Zions Bank
$7M0.0%

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Other financials

Income statement

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Revenue$1.1B+35.7%
Net income$453.0M+85.7%
EPS (diluted)$3.05+87.1%

Balance sheet

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Total debt$2.2B+82.6%
Total equity$7.7B+16.4%
Total assets$89.0B+0.2%

Cash flow

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Operating cash flow$422.0M
CapEx$33.0M+6.5%
Free cash flow$389.0M

Valuation

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Market cap$10.46B+37.6%
P/E8.9×-0.1×
P/S2.8×+0.5×

Profitability

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Net margin31.3%+5.3pp
FCF margin44.9%+22.2pp

Returns & leverage

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Return on equity16.4%+3.0pp
Debt / equity0.3×+0.1×

Where this comes from

Reported directly by Zions Bancorporation in its filing.

Tagged under the XBRL concept us-gaap:OccupancyNet.

The source filing: Zions Bancorporation’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 3:30 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000109380-26-000111
(In millions)NBAZ / 2026NBAZ / 2025NSB / 2026NSB / 2025Vectra / 2026Vectra / 2025
Noninterest expense:
Salaries and employee benefits33209203344336
Technology, telecom, and information processing162557265
Occupancy and equipment, net111084440
Other direct expenses 21143349186
Indirect/allocated expenses64(300)(272)
Total noninterest expense1292428551527
Income (loss) before taxes$9$9$265$(1)$583$312

ITEM 1. FINANCIAL STATEMENTS (Unaudited)

FAQ

What is Zions Bancorporation's TCBNW — occupancy and equipment, net?
Zions Bancorporation (ZION) reported TCBNW — occupancy and equipment, net of $1M in Q2 2026.
What does TCBNW — occupancy and equipment, net mean?
This metric represents the net costs associated with maintaining physical branch locations, office facilities, and banking equipment within the Commerce Bank Northwest segment. It reflects the operational overhead required to support the physical footprint of the business unit after accounting for any related rental income or equipment depreciation offsets. Monitoring this helps evaluate the efficiency of the segment's physical infrastructure and real estate strategy.

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