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Zions Bancorporation ZION TCBNW — Technology, telecom, and information processing

Other segment segments

Zions Bank
$3M-25.0%

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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:CommunicationsAndInformationTechnology.

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 income2228830460190
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

ITEM 1. FINANCIAL STATEMENTS (Unaudited)

FAQ

What is Zions Bancorporation's TCBNW — technology, telecom, and information processing?
Zions Bancorporation (ZION) reported TCBNW — technology, telecom, and information processing of $1M in Q2 2026.
What does TCBNW — technology, telecom, and information processing mean?
Includes costs associated with the segment's digital infrastructure, software, telecommunications, and data processing systems. As banking becomes increasingly digital, this metric serves as a proxy for the segment's investment in technology and operational modernization. It is a key indicator of the segment's commitment to digital transformation and its ongoing investment in operational scalability.

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