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Zions Bancorporation ZION Vectra — Occupancy and equipment, net

Other segment segments

Zions Bank
$7M0.0%
TCBNW
$1M

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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 benefits131311111010
Technology, telecom, and information processing111111
Occupancy and equipment, net323333
Other direct expenses 2365443
Indirect/allocated expenses292625241817
Total noninterest expense494845433634
Income (loss) before taxes$32$31$23$19$6$13

ITEM 1. FINANCIAL STATEMENTS (Unaudited)

FAQ

What is Zions Bancorporation's vectra — occupancy and equipment, net?
Zions Bancorporation (ZION) reported vectra — occupancy and equipment, net of $3M in Q2 2026.
How has Zions Bancorporation's vectra — occupancy and equipment, net changed year-over-year?
Zions Bancorporation's vectra — occupancy and equipment, net decreased by 0.0% year-over-year, from $3M to $3M.
What is the long-term trend for Zions Bancorporation's vectra — occupancy and equipment, net?
Over 3 years (2022 to 2025), Zions Bancorporation's vectra — occupancy and equipment, net has grown at a 14.5% compound annual growth rate (CAGR), from $8M to $12M.
What does vectra — occupancy and equipment, net mean?
This metric represents the net costs associated with maintaining physical branch locations, office facilities, and banking equipment for the specific business segment. It includes depreciation, lease expenses, and maintenance costs, offset by any sublease income or related recoveries. Monitoring this helps assess the efficiency of the segment's physical footprint and capital investment in infrastructure.

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