8-K

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934

September 4, 2003 (September 2, 2003)
Date of Report (Date of earliest event reported)

ZIONS BANCORPORATION
(Exact name of registrant as specified in its charter)

Utah (State or other
jurisdiction of
incorporation) 0-2610 (Commission
File Number) 87-0227400 (IRS Employer
Identification No.)

One South Main, Suite 1134, Salt Lake City, Utah (Address of principal executive offices) 84111 (Zip Code)

(801) 524-4787
(Registrant’s telephone number, including area code)

N/A
(Former name or former address, if changed since last report)

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The information in this Current Report on Form 8-K, including the exhibits, is furnished pursuant to Item 9 and shall not be deemed "filed" for the purposes of Section 18 of the Securities and Exchange Act of 1934, as amended, or otherwise subject to the liabilities under that Section. Furthermore, the information in this Current Report on Form 8-K, including the exhibits, shall not be deemed to be incorporated by reference into the filings of Zions Bancorporation under the Securities Act of 1933, as amended.

Item 7.    Financial Statements, Pro forma Financial Statements and Exhibits.

                (a)        Not Applicable.

                (b)        Not Applicable.

                (c)        Exhibits.

                 The following exhibits are furnished as part of this report:

Exhibit
Number 99.1

99.2
Description Press release dated September 2, 2003 announcing subordinated note offering

Press release dated September 3, 2003 announcing pricing of subordinated notes

Item 9.    Regulation FD Disclosure

On September 2, 2003, Zions Bancorporation issued a press release announcing an offering to sell twelve-year subordinated notes. A copy of this release is attached hereto as Exhibit 99.1.

On September 3, 2003, Zions Bancorporation issued a press release announcing the pricing of the $500 million in twelve-year subordinated notes. A copy of this release is attached hereto as Exhibit 99.2.

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SIGNATURE

        Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

ZIONS BANCORPORATION


BY: /s/Clark B. Hinckley
——————————————
Name: Clark B. Hinckley
Title:   Senior Vice President,
            Investor Relations

Date: September 4, 2003

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Exhibit Index

Exhibit
Number 99.1

99.2
Description Press release dated September 2, 2003 announcing subordinated note offering

Press release dated September 3, 2003 announcing pricing of subordinated notes

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EX-99.1

EXHIBIT 99.1

***FOR IMMEDIATE RELEASE***
FOR: ZIONS BANCORPORATION One South Main, Suite 1134 Salt Lake City, Utah Harris H. Simmons Chairman/Chief Executive Officer	Contact: Clark Hinckley Tel: (801)524-4985 September 2, 2003

ZIONS BANCORPORATION ANNOUNCES $250 MILLION NOTE OFFERING

SALT LAKE CITY, September 2, 2003 – Zions Bancorporation (NASDAQ: ZION) (“Zions”) today announced an offering to sell $250 million in twelve-year subordinated notes. The notes are not redeemable prior to maturity.

Zions expects to use the net proceeds from the offering to repay outstanding indebtedness and for other general corporate purposes.

Goldman, Sachs & Co. will serve as lead underwriter for the offering, and Bear, Stearns & Co. Inc., Keefe, Bruyette & Woods, Inc., Wachovia Capital Markets, LLC, and Zions Investment Securities, Inc. will act as co-managers for the offering.

A shelf registration statement relating to this offering was originally filed with the Securities and Exchange Commission (“SEC”) on August 7, 2003 and has since been declared effective. This offering will be made pursuant to a prospectus supplement to the prospectus included in the shelf registration statement on file with the SEC.

Copies of the preliminary prospectus supplement, when available, may be obtained from Goldman, Sachs & Co., Prospectus Department, 85 Broad St., New York, N.Y. 10004, Tel: 212-902-1171.

This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

About Zions Bancorporation
Zions Bancorporation is a multi-bank holding company that operates over 400 full-service banking offices in Arizona, California, Colorado, Idaho, Nevada, New Mexico, Utah and Washington. Investor information and links to subsidiary banks can be accessed at www.zionsbancorporation.com.

Forward-Looking Information
This news release contains statements regarding expectations, use of proceeds, and similar matters that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The operations, performance, and development of our business involve significant known and unknown risks and uncertainties that may cause actual results to differ materially from those contained in or suggested by the forward-looking statements in this news release. These risks and uncertainties include, but are not limited to: competitive product and pricing pressures within Zions’ markets; economic conditions, either nationally or locally, in areas in which Zions conducts operations being less favorable than expected; equity and fixed-income market fluctuations; changes in law; and changes in fiscal, monetary, regulatory, trade and tax policies and laws. Zions disclaims any obligation to update such factors or to publicly announce the results of any revisions to any of the forward-looking statements included herein to reflect future events or developments.

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EX-99.2

EXHIBIT 99.2

***FOR IMMEDIATE RELEASE***
FOR: ZIONS BANCORPORATION One South Main, Suite 1134 Salt Lake City, Utah Harris H. Simmons Chairman/Chief Executive Officer	Contact: Clark Hinckley Tel: (801)524-4985 September 3, 2003

ZIONS BANCORPORATION PRICES $500 MILLION IN SUBORDINATED NOTES

SALT LAKE CITY, September 3, 2003 — Zions Bancorporation (Nasdaq: ZION) (“Zions”) today priced $500 million in twelve-year subordinated notes. Zions previously had announced an offering in the amount of $250 million.

The issuance was priced with a 6.0 percent coupon. The issue is due on September 15, 2015, and was priced at $99.804 to provide a yield-to-maturity of 6.023 percent.

Goldman, Sachs & Co. is the lead underwriter for the offering, and Bear, Stearns & Co. Inc., Keefe, Bruyette & Woods, Inc., Wachovia Capital Markets, LLC, and Zions Investment Securities, Inc. are acting as co-managers for the offering.

Zions expects to use the net proceeds from the offering to repay outstanding indebtedness and for other general corporate purposes.

Copies of the prospectus supplement, when available, may be obtained from Goldman, Sachs & Co., Prospectus Department, 85 Broad St., New York, N.Y. 10004, Tel: 212-902-1171.

This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

About Zions Bancorporation
Zions Bancorporation is a multi-bank holding company that operates over 400 full-service banking offices in Arizona, California, Colorado, Idaho, Nevada, New Mexico, Utah and Washington. Investor information and links to subsidiary banks can be accessed at www.zionsbancorporation.com.

Forward-Looking Information
This news release contains statements regarding expectations, use of proceeds, and similar matters that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The operations, performance, and development of our business involve significant known and unknown risks and uncertainties that may cause actual results to differ materially from those contained in or suggested by the forward-looking statements in this news release. These risks and uncertainties include, but are not limited to: competitive product and pricing pressures within Zions’ markets; economic conditions, either nationally or locally, in areas in which Zions conducts operations being less favorable than expected; equity and fixed-income market fluctuations; changes in law; and changes in fiscal, monetary, regulatory, trade and tax policies and laws. Zions disclaims any obligation to update such factors or to publicly announce the results of any revisions to any of the forward-looking statements included herein to reflect future events or developments.

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