<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