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Section 1: 8-K (8-K)

Document
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) October 1, 2019
ZIONS BANCORPORATION, NATIONAL ASSOCIATION
(Exact name of registrant as specified in its charter)


United States of America001-1230787-0189025
(State or other jurisdiction of incorporation)(Commission File Number)(I.R.S. Employer Identification No.)

One South Main
Salt Lake City,Utah84133
(Address of principal executive offices)(Zip Code)
Registrant's telephone number, including area code (801) 844-7637

(Former name or former address, if changed since last report.)
Securities registered pursuant to Section 12(b) of the Act:
Title of Each ClassTrading SymbolName of Each Exchange on Which Registered
Common Stock, par value $0.001
ZIONThe NASDAQ Stock Market, LLC
Warrants to Purchase Common Stock (expiring May 22, 2020)
ZIONW
The NASDAQ Stock Market, LLC
Depositary Shares each representing a 1/40th ownership interest in a share of:
Series A Floating-Rate Non-Cumulative Perpetual Preferred Stock
ZB/A
New York Stock Exchange
Series G Fixed/Floating-Rate Non-Cumulative Perpetual Preferred Stock
ZB/G
New York Stock Exchange
Series H 5.75% Non-Cumulative Perpetual Preferred Stock
ZB/H
New York Stock Exchange
6.95% Fixed-to-Floating Rate Subordinated Notes due September 15, 2028
ZBK
New York Stock Exchange

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ¨

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange act. ¨




Item 7.01 Regulation FD Disclosure.

Effective October 1, 2019, Zions Bancorporation, N.A. (the “Bank”) made certain financial reporting changes and reclassifications to noninterest income in its Consolidated Statements of Income. These changes and reclassifications were adopted by the Bank on a retrospective basis. The changes and reclassifications reflect changes only to noninterest income in the Consolidated Statements of Income and do not impact net income, net interest income or noninterest expense.

Highlights of the financial reporting changes and reclassifications to noninterest income include:
"Other service charges, commissions and fees," which was the largest noninterest income line item, has been disaggregated into other noninterest income line items. The majority has been reclassified to a new "Card fees" line item that relates to fees from the Bank's credit and debit card products. The remaining balance of "Other service charges, commissions and fees," was moved primarily to "Loan-related fees and income," "Capital markets and foreign exchange fees," and "Other customer-related fees";
"Other" noninterest income has been reclassified to "Loan-related fees and income," "Other customer-related fees," and "Dividends and other income";
A new line item, "Other customer-related fees," was added and primarily consists of the reclassifications described above, compliance-related services, and other fees; and
"Dividends and other income" now includes fair value and nonhedge derivative income.


Item 9.01 Financial Statements and Exhibits

(d) Exhibits

The following exhibits are furnished as part of this Current Report on Form 8-K:

Exhibit NumberDescription
Revised supplemental information to reflect certain financial reporting changes.
101Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document.
104The cover page from this Current Report on Form 8-K, formatted as Inline XBRL.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


ZIONS BANCORPORATION, NATIONAL ASSOCIATION
By:/s/ Paul E. Burdiss
Name:Paul E. Burdiss
Title:Executive Vice President and Chief Financial Officer


Date: October 1, 2019

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Section 2: EX-99 (EX-99)

a2exh99reclass
Exhibit 99.1 ZIONS BANCORPORATION, N.A. AND SUBSIDIARIES Noninterest Income (In millions) Year Ended Three Months Ended December 31, Jun 30, Mar 31, Dec 31, Sep 30, Jun 30, Mar 31, Dec 31, Sep 30, Jun 30, Mar 31, Noninterest income 2018 2017 2019 2019 2018 2018 2018 2018 2017 2017 2017 2017 Commercial account fees $      122 $       126 $        30 $         30 $        29 $        31 $        31 $         31 $        32 $        32 $        31 $         31 Card fees           94            96           23            22           25           24           23            22           25           25           24            22 Retail and business banking fees           77            78           20            18           20           19           19            19           20           19           20            19 Loan‐related fees and income           74            72           17            16           20           17           19            18           14           19           20            19 Capital markets and foreign exchange fees           58            49           20            17           16           14           13            15           19           12           10              8 Wealth management and trust fees           55            47           15            14           14           14           14            13           13           12           11            11 Other customer‐related fees           27            22             5              5             7             7             7              6             7             5             5              5     Customer‐related fees         507          490         130          122         131         126         126          124         130         124         121          115 Dividends and other income           43            40             5              9             7           11           11            14           10           11             8            11 Securities gains (losses), net             2            14            (3)              1             2            (1)             1           ‐          ‐             5             3              6     Total noninterest income*$       552 $       544 $      132 $       132 $      140 $      136 $      138 $       138 $      140 $      140 $      132 $       132 *Individual quarter amounts may be different than previously reported due to rounding.


 
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