Filing Flows › Zions Bancorporation, National Association (ZION) › Q2 2025
Zions Bancorporation, National Association (ZION) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 7, 2025
Zions Bancorporation, National Association (ZION) reported revenue of $838M for the second quarter 2025 (Q2 2025), +8% from a year earlier and +5% from the quarter before. Operating margin was 37.2%, net earnings $244M (29.1% of revenue).
Zions Bancorporation, National Association, Q2 2025: revenue $838M (+8% year over year), operating margin 37.2%, net earnings $244M, operating cash flow −$62.0M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $838M | +5% | +8% |
| Operating profit | $312M | +31% | +19% |
| Net earnings | $244M | +44% | +21% |
| Operating cash flow | −$62.0M | -135% | — |
What changed
Revenue was $838.0M in Q2 2025, up 8% year over year and up 5% from the previous quarter.
Operating profit was $312.0M, a 37.2% margin (up 3.5 points year over year). Of the extra revenue versus a year earlier, 81% reached operating profit, above the 34% margin then. Total costs grew 2% against revenue growth of 8%. Net earnings were $244.0M, up 21% year over year. The effective tax rate was 21.8%.
Operating cash flow was −$62.0M. Non-cash charges added back $29.0M of depreciation and amortization and $6.0M of share-based compensation. Working capital and other items used $341.0M. Capital expenditures of $31.0M exceeded it, leaving free cash flow of −$93.0M.
Questions
What was Zions Bancorporation, National Association's revenue in the second quarter 2025?
Zions Bancorporation, National Association (ZION) reported revenue of $838M for the second quarter 2025 (Q2 2025), +8% from a year earlier and +5% from the quarter before.
Was Zions Bancorporation, National Association profitable in the second quarter 2025?
Operating profit was $312M (37.2% of revenue) and net earnings $244M.
Source: Zions Bancorporation, National Association 10-Q on SEC EDGAR.