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Zions Bancorporation ZION TCBNW — Other direct expenses

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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 zions:OtherDirectExpenses.

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
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
SELECTED AVERAGE BALANCE SHEET DATA

ITEM 1. FINANCIAL STATEMENTS (Unaudited)

FAQ

What is Zions Bancorporation's TCBNW — other direct expenses?
Zions Bancorporation (ZION) reported TCBNW — other direct expenses of $1M in Q2 2026.
What does TCBNW — other direct expenses mean?
This metric captures miscellaneous operating costs directly attributable to the Commerce Bank Northwest segment that are not classified under personnel, occupancy, or technology categories. It includes specific business-unit expenses such as professional fees, marketing, or travel costs necessary for segment operations. Tracking these expenses provides visibility into the discretionary and operational spending required to sustain the segment's specific market activities.

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