<ARTICLE>                                            9
<LEGEND>
This restated schedule contains summary financial information extracted from the
unaudited  consolidated balance sheet as of March 31, 1997 and related unaudited
consolidated statement of income for the three months ended March 31, 1997 which
has been  restated  as a result of  pooling of  interests  and  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-31-1997
<PERIOD-START>                                 Jan-01-1997
<PERIOD-END>                                   Mar-31-1997
<EXCHANGE-RATE>                                                               1
<CASH>                                                                  455,266
<INT-BEARING-DEPOSITS>                                                   51,140
<FED-FUNDS-SOLD>                                                        995,428
<TRADING-ASSETS>                                                        157,957
<INVESTMENTS-HELD-FOR-SALE>                                             584,212
<INVESTMENTS-CARRYING>                                                1,498,301
<INVESTMENTS-MARKET>                                                  1,499,408
<LOANS>                                                               4,450,448
<ALLOWANCE>                                                              81,113
<TOTAL-ASSETS>                                                        8,508,537
<DEPOSITS>                                                            5,728,585
<SHORT-TERM>                                                          1,746,785
<LIABILITIES-OTHER>                                                     113,352
<LONG-TERM>                                                             328,234
<PREFERRED-MANDATORY>                                                         0
<PREFERRED>                                                                   0
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<OTHER-SE>                                                              458,264
<TOTAL-LIABILITIES-AND-EQUITY>                                        8,508,537
<INTEREST-LOAN>                                                         101,347
<INTEREST-INVEST>                                                        58,790
<INTEREST-OTHER>                                                              0
<INTEREST-TOTAL>                                                        160,137
<INTEREST-DEPOSIT>                                                       41,394
<INTEREST-EXPENSE>                                                       77,239
<INTEREST-INCOME-NET>                                                    82,898
<LOAN-LOSSES>                                                             1,835
<SECURITIES-GAINS>                                                           29
<EXPENSE-OTHER>                                                          68,176
<INCOME-PRETAX>                                                          47,023
<INCOME-PRE-EXTRAORDINARY>                                               30,585
<EXTRAORDINARY>                                                               0
<CHANGES>                                                                     0
<NET-INCOME>                                                             30,585
<EPS-PRIMARY>                                                               .46
<EPS-DILUTED>                                                               .45
<YIELD-ACTUAL>                                                             4.13
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<LOANS-PROBLEM>                                                               0
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<CHARGE-OFFS>                                                            (3,038)
<RECOVERIES>                                                              1,274
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<ALLOWANCE-FOREIGN>                                                           0
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