ZION · Financials · Bank · FY2025 filings ·
Scored by the financial-sector model
Form 4 reports mix P/S market or private transactions with compensation-plan mechanics. Activity casually described as “insider selling” can include compensation mechanics; awards, tax withholding, and option exercises are shown by their exact filed class here, never collapsed into “Bought” or “Sold.”
These are disclosed filing facts and arithmetic aggregates, not a signal or verdict.
This machine-readable surface covers SEC ownership filings from 2003; it does not represent earlier paper-era records.
Records still being gathered — partial as of retrieval Sep 18, 2026.
1 filing was skipped because the SEC primary document returned 404; the omission is disclosed and aggregates are withheld.
Among the rows shown, A/F/M acquisition, payment or withholding, and exercise or conversion rows outnumber S sale rows (12 versus 6). The filing codes alone do not establish that every such row arose from a compensation plan.
Trailing-12-month totals and the 90-day cluster result are withheld because this issuer walk is incomplete.
| Insider | Shares owned after | Date | Filing detail | ||||
|---|---|---|---|---|---|---|---|
| SIMMONS HARRIS HDirector, Chairman & CEO | Gift (G)Table I · Disposed · Common Stock | 30,242 | —Gift (G) | — | 973,140 | Aug 11, 2026 | 1 filed lot
|
| SIMMONS HARRIS HDirector, Chairman & CEO | Gift (G)Table I · Acquired · Common Stock | 30,242 | —Gift (G) | — | 353,353 | Aug 11, 2026 | 1 filed lot
|
| MCLEAN SCOTT JPresident, & COO | Exercise or conversion of derivative security (M)Table II · Disposed · Stock Option (right to buy) · 4 paired events | 37,231 | $50.5171 | $1,880,801 | See lot detail | Aug 4, 2026 | 4 filed lots
|
| MCLEAN SCOTT JPresident, & COO | Exercise or conversion of derivative security (M)Table I · Acquired · Common Stock · 4 paired events | 37,231 | $50.5171 | $1,880,801 | See lot detail | Aug 4, 2026 | 4 filed lots
|
| MCLEAN SCOTT JPresident, & COO | Open-market or private sale (S)Table I · Disposed · Common Stock | 33,285 | $70.63 | $2,350,920 | See lot detail | Aug 4, 2026 | 2 filed lots
|
| Law Scott A.Executive Vice President | Exercise or conversion of derivative security (M)Table I · Acquired · Common Stock · 2 paired events | 4,608 | $45.65 | $210,355 | See lot detail | Aug 4, 2026 | 2 filed lots
|
| Law Scott A.Executive Vice President | Open-market or private sale (S)Table I · Disposed · Common Stock | 4,608 | $72.4233 | $333,727 | See lot detail | Aug 4, 2026 | 2 filed lots
|
| Law Scott A.Executive Vice President | Exercise or conversion of derivative security (M)Table II · Disposed · Stock Option (right to buy) · 2 paired events | 4,608 | $45.65 | $210,355 | See lot detail | Aug 4, 2026 | 2 filed lots
|
| MCLEAN SCOTT JPresident, & COO | Open-market or private sale (S)Table I · Disposed · Common Stock | 50,000 | $70.7378 | $3,536,892 | See lot detail | Aug 3, 2026 | 2 filed lots
|
| SIMMONS HARRIS HDirector, Chairman & CEO | Gift (G)Table I · Disposed · Common Stock | 172,391 | —Gift (G) | — | 1,003,382 | Aug 3, 2026 | 1 filed lot
|
| SIMMONS HARRIS HDirector, Chairman & CEO | Gift (G)Table I · Acquired · Common Stock | 172,391 | —Gift (G) | — | 323,111 | Aug 3, 2026 | 1 filed lot
|
| SIMMONS HARRIS HDirector, Chairman & CEO | Gift (G)Table I · Disposed · Common Stock | 141,720 | —Gift (G) | — | 1,175,773 | Jul 31, 2026 | 1 filed lot
|
| SIMMONS HARRIS HDirector, Chairman & CEO | Gift (G)Table I · Acquired · Common Stock | 141,720 | —Gift (G) | — | 150,720 | Jul 31, 2026 | 1 filed lot
|
Source-event as of . Retrieved .
Flagship explainer
Start with net interest income, then follow the filed path to net income.
| Filed line | Value | % of net interest income | Source |
|---|---|---|---|
| $2.6B | 100% |
| |
| Income before tax | $1.2B | 45% |
|
| Income tax | $276M | 11% |
|
| $899M | 34% |
|
Flagship explainer
ZIONS BANCORPORATION, NATIONAL ASSOCIATION's filing tags don't support a full breakdown — here's what is filed:
| Filed line | Value | % of assets | Source |
|---|---|---|---|
| Total assets | $89.0B | 100% |
|
| Cash and equivalents | $683M | 1% |
|
| Goodwill | $1.1B | 1% |
|
| Deferred tax assets | $998M | 1% |
|
| Operating lease right-of-use assets | $207M | 0% |
|
| Total liabilities | $81.8B | 92% |
|
| $4.6B | 5% |
| |
| Stockholders’ equity | $7.2B | 8% |
|
Flagship explainer
One or more filed inputs needed for the five-factor decomposition are unavailable.
| Input | Value | Fiscal year | Source |
|---|---|---|---|
| Net income | $899M | FY2025 |
|
| Income before tax | $1.2B | FY2025 |
|
| Operating income | Unavailable | FY2025 |
|
| Revenue | $529M | FY2025 |
|
| Ending assets | $89.0B | FY2025 |
|
| Beginning assets | $88.8B | FY2024 |
|
| Ending equity | $7.2B | FY2025 |
|
| Beginning equity | $6.1B | FY2024 |
|
Flagship explainer
ZIONS BANCORPORATION, NATIONAL ASSOCIATION’s filing does not supply enough provenance-matched cash-flow lines for a truthful flow chart — here’s what is filed:
| Filed line | Value | % of cash from operations | Source |
|---|---|---|---|
| Cash from operations | $1.1B | 100% |
|
| Depreciation and amortization | $116M | 11% |
|
| Share-based compensation | $35M | 3% |
|
| Cash from investing | $738M | 69% |
|
| Cash from financing | −$1.8B | −166% |
|
| Net change in cash | $32M | 3% |
|
Curated 19-manager tier
Delayed public 13F reports for 2026-Q2—not live positions, trades, or recommendations.
0 holding1 exited17 not holding18/19 resolved1 not retrieved
| Manager | Reported position | Quarter-over-quarter | Filing accession |
|---|---|---|---|
| Tweedy, Browne | Exited · no position reportedPrior: 37,877 shares | Exited · -37,877 shares (−100%) |
|
| Abrams Capital | No position reported | No position reported |
|
| Akre Capital | No position reported | No position reported |
|
| Baupost Group | No position reported | No position reported |
|
| Berkshire Hathaway | No position reported | No position reported |
|
| Brave Warrior Advisors | No position reported | No position reported |
|
| Dodge & Cox | No position reported | No position reported |
|
| First Eagle | No position reported | No position reported |
|
| Fundsmith | No position reported | No position reported |
|
| Gardner Russo & Quinn | No position reported | No position reported |
|
| Gates Foundation Trust | No position reported | No position reported |
|
| Mairs & Power | No position reported | No position reported |
|
| Markel / Markel-Gayner | No position reported | No position reported |
|
| Oakmark / Harris Associates | No position reported | No position reported |
|
| Polen Capital | No position reported | No position reported |
|
| Sequoia / Ruane Cunniff | No position reported | No position reported |
|
| Southeastern Asset Management | No position reported | No position reported |
|
| Yacktman Asset Management | No position reported | No position reported |
|
| Pershing Square | Not retrieved | Comparison not retrieved | Filing not retrieved |
Position size uses shares and filed value from each manager’s 13F. Portfolio weight uses the eligible long-share filing denominator. Changes compare only with the immediately preceding calendar quarter.
Flagship explainer
Records still being gathered — partial as of retrieval Sep 18, 2026.
Partial coverage: the incomplete Form 4 walk cannot establish no activity, an activity date, or zero counts.
Median ROE 12.8% on average equity, above the 10% hurdle in 78% of 9 years.
Q3 scored 3 evidenced ratios equally; reserve score is unadjusted for Q4 and capped at 70.
Profitable in 100% of 10 years, ROE steady.
Net interest income is 2.94% of average assets, very steady over 9 years through FY2025.
Not scored for this company
Scored 4 of 5 applicable components (bank model); weights renormalized over the scored set.
The 15-year revenue, margin, and ROIC series is built for the operating model’s lens and isn’t published for banks and insurers — a balance-sheet business is read through the components above, not through operating-company margins.
| Reading | ||
|---|---|---|
| Aug 3, 2026 | 80 | |
| Jul 26, 2026 | 74 | |
| Jul 26, 2026 | 74 | |
Append-only — readings are added, never rewritten. Only readings on the same methodology version (moat-index-financials@1.0.0) are comparable; a change across versions is a scoring change, not a company event.