<ARTICLE> 9
<LEGEND>
     THIS RESTATED  SCHEDULE CONTAINS SUMMARY  FINANCIAL  INFORMATION  EXTRACTED
FROM  THE  CONSOLIDATED  BALANCE  SHEET  AS OF MARCH  31,  1997 AND THE  RELATED
CONSOLIDATED STATEMENT OF INCOME FOR THE THREE MONTHS ENDED MARCH 31, 1997 WHICH
HAVE BEEN RESTATED AS A RESULT OF POOLING OF INTERESTS.
</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>                                                                   496,976
<INT-BEARING-DEPOSITS>                                                    51,147
<FED-FUNDS-SOLD>                                                       1,004,628
<TRADING-ASSETS>                                                         157,957
<INVESTMENTS-HELD-FOR-SALE>                                              724,696
<INVESTMENTS-CARRYING>                                                 1,531,982
<INVESTMENTS-MARKET>                                                   1,532,833
<LOANS>                                                                4,812,058
<ALLOWANCE>                                                               86,329
<TOTAL-ASSETS>                                                         9,076,789
<DEPOSITS>                                                             6,211,189
<SHORT-TERM>                                                           1,783,938
<LIABILITIES-OTHER>                                                      107,668
<LONG-TERM>                                                              332,809
<PREFERRED-MANDATORY>                                                          0
<PREFERRED>                                                                    0
<COMMON>                                                                 177,530
<OTHER-SE>                                                               463,655
<TOTAL-LIABILITIES-AND-EQUITY>                                         9,076,789
<INTEREST-LOAN>                                                          110,093
<INTEREST-INVEST>                                                         61,125
<INTEREST-OTHER>                                                               0
<INTEREST-TOTAL>                                                         171,218
<INTEREST-DEPOSIT>                                                        44,191
<INTEREST-EXPENSE>                                                        80,800
<INTEREST-INCOME-NET>                                                     90,418
<LOAN-LOSSES>                                                              2,018
<SECURITIES-GAINS>                                                            29
<EXPENSE-OTHER>                                                           73,431
<INCOME-PRETAX>                                                           49,925
<INCOME-PRE-EXTRAORDINARY>                                                32,416
<EXTRAORDINARY>                                                                0
<CHANGES>                                                                      0
<NET-INCOME>                                                              32,416
<EPS-PRIMARY>                                                                .46
<EPS-DILUTED>                                                                .45
<YIELD-ACTUAL>                                                              4.25
<LOANS-NON>                                                               15,909
<LOANS-PAST>                                                               7,088
<LOANS-TROUBLED>                                                           1,608
<LOANS-PROBLEM>                                                                0
<ALLOWANCE-OPEN>                                                          86,249
<CHARGE-OFFS>                                                              3,287
<RECOVERIES>                                                               1,349
<ALLOWANCE-CLOSE>                                                         86,329
<ALLOWANCE-DOMESTIC>                                                      23,040
<ALLOWANCE-FOREIGN>                                                            0
<ALLOWANCE-UNALLOCATED>                                                   63,289