<ARTICLE>                                            9
<LEGEND>
This  schedule  contains  summary  financial   information  extracted  from  the
unaudited  consolidated balance sheet as of March 31, 1998 and related unaudited
consolidated  statement  of income for the three  months  ended  March 31,  1998
included in the  company's  form 10-Q for the period ended March 31, 1998 and is
qualified in its entirety by reference to such financial statements.
</LEGEND>
<CIK>                                          0000109380
<NAME>                                         Zions Bancorporation /UT/
<MULTIPLIER>                                   1,000
<CURRENCY>                                     U.S.
       
                             
<PERIOD-TYPE>                   3-Mos
<FISCAL-YEAR-END>                              Dec-31-1998
<PERIOD-START>                                 Jan-01-1998
<PERIOD-END>                                   Mar-31-1998
<EXCHANGE-RATE>                                                               1
<CASH>                                                                  586,031
<INT-BEARING-DEPOSITS>                                                   64,795
<FED-FUNDS-SOLD>                                                      1,089,243
<TRADING-ASSETS>                                                        276,277
<INVESTMENTS-HELD-FOR-SALE>                                             466,497
<INVESTMENTS-CARRYING>                                                1,879,691
<INVESTMENTS-MARKET>                                                  1,897,520
<LOANS>                                                               5,649,602
<ALLOWANCE>                                                              91,857
<TOTAL-ASSETS>                                                       10,611,585
<DEPOSITS>                                                            7,799,027
<SHORT-TERM>                                                          1,501,653
<LIABILITIES-OTHER>                                                     189,283
<LONG-TERM>                                                             397,808
<PREFERRED-MANDATORY>                                                         0
<PREFERRED>                                                                   0
<COMMON>                                                                149,588
<OTHER-SE>                                                              574,226
<TOTAL-LIABILITIES-AND-EQUITY>                                       10,611,585
<INTEREST-LOAN>                                                         131,020
<INTEREST-INVEST>                                                        70,641
<INTEREST-OTHER>                                                              0
<INTEREST-TOTAL>                                                        201,661
<INTEREST-DEPOSIT>                                                       58,206
<INTEREST-EXPENSE>                                                       93,718
<INTEREST-INCOME-NET>                                                   107,943
<LOAN-LOSSES>                                                             3,256
<SECURITIES-GAINS>                                                          668
<EXPENSE-OTHER>                                                          95,414
<INCOME-PRETAX>                                                          53,067
<INCOME-PRE-EXTRAORDINARY>                                               36,411
<EXTRAORDINARY>                                                               0
<CHANGES>                                                                     0
<NET-INCOME>                                                             36,441
<EPS-PRIMARY>                                                               .53
<EPS-DILUTED>                                                               .52
<YIELD-ACTUAL>                                                             4.39
<LOANS-NON>                                                              16,807
<LOANS-PAST>                                                             11,714
<LOANS-TROUBLED>                                                          1,222
<LOANS-PROBLEM>                                                               0
<ALLOWANCE-OPEN>                                                         86,557
<CHARGE-OFFS>                                                            (3,237)
<RECOVERIES>                                                              2,552
<ALLOWANCE-CLOSE>                                                        91,857
<ALLOWANCE-DOMESTIC>                                                     19,101
<ALLOWANCE-FOREIGN>                                                           0
<ALLOWANCE-UNALLOCATED>                                                  72,756