Page 1

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington , D.C. 20549 FORM 10 - K ( Mark One ) □ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31 , 2020 OR □ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to COMMISSION FILE NUMBER 001-12307 ZIONS BANCORPORATION , NATIONAL ASSOCIATION ( Exact name of registrant as specified in its charter ) United States of America ( State or other jurisdiction of incorporation or organization ) One South Main Salt Lake City , Utah ( Address of principal executive offices ) Registrant's telephone number , including area code : ( 801 ) 844-7637 Securities registered pursuant to Section 12 ( b ) of the Act : Title of Each Class 87-0189025 ( IRS Employer Identification Number ) 84133-1109 ( Zip Code ) Trading Symbols Name of Each Exchange on Which Registered ZION The NASDAQ Stock Market LLC Common Stock , par value $ 0.001 Depositary Shares each representing a 1 / 40th ownership interest in a share of : Series A Floating - Rate Non - Cumulative Perpetual Preferred Stock Series G Fixed / Floating - Rate Non - Cumulative Perpetual Preferred Stock Series H 5.75 % Non - Cumulative Perpetual Preferred Stock 6.95 % Fixed - to - Floating Rate Subordinated Notes due September 15 , 2028 Securities registered pursuant to Section 12 ( g ) of the Act : None . Indicate by check mark if the registrant is a well - known seasoned issuer , as defined in Rule 405 of the Securities Act . Yes ý No " Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15 ( d ) of the Act . Yes " No ý Indicate by check mark whether the registrant ( 1 ) has filed all reports required to be filed by Section 13 or 15 ( d ) of the Securities Exchange Act of 1934 during the preceding 12 months ( or for such shorter period that the registrant was required to file such reports ) , and ( 2 ) has been subject to such filing requirements for the past 90 days . Yes ý No ZIONP ZIONO ZIONN ZIONL The NASDAQ Stock Market LLC The NASDAQ Stock Market LLC The NASDAQ Stock Market LLC The NASDAQ Stock Market LLC Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S - T ( §232.405 of this chapter ) during the preceding 12 months ( or for such shorter period that the registrant was required to submit such files ) . Yes ý No " 1 Indicate by check mark whether the registrant is a large accelerated filer , an accelerated filer , a non - accelerated filer , a smaller reporting company , or an emerging growth company . See the definitions of “ large accelerated filer , ” “ accelerated filer , ” “ smaller reporting company , " and " emerging growth company " in Rule 12b - 2 of the Exchange Act . Large accelerated filer ý Accelerated filer " Non - accelerated filer " Smaller reporting company 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 . " Indicate by check mark whether the registrant has filed a report on and attestation to its management's assessment of the effectiveness of its internal control over financial reporting under Section 404 ( b ) of the Sarbanes - Oxley Act ( 15 U.S.C. 7262 ( b ) ) by the registered public accounting firm that prepared or issued its audit report . ý Indicate by check mark whether the registrant is a shell company ( as defined in Rule 12b - 2 of the Exchange Act ) . Yes No ý Aggregate Market Value of Common Stock Held by Non - affiliates at June 30 , 2020 $ 5,470,950,404 Number of Common Shares Outstanding at February 8 , 2021 164,214,100 shares Documents Incorporated by Reference : Part III of this Annual Report on Form 10 - K incorporates by reference specified portions of Zions Bancorporation , National Association's Proxy Statement for its 2021 Annual Meeting of Shareholders , which the registrant anticipates will be filed with the Securities and Exchange Commission approximately March 18 , 2021 .