<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0306</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2014-07-21</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000109380</issuerCik>
        <issuerName>ZIONS BANCORPORATION /UT/</issuerName>
        <issuerTradingSymbol>ZION</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001184827</rptOwnerCik>
            <rptOwnerName>ARNOLD DOYLE L</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>ONE SOUTH MAIN STREET, 15TH FLOOR</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>SALT LAKE CITY</rptOwnerCity>
            <rptOwnerState>UT</rptOwnerState>
            <rptOwnerZipCode>84133-1109</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>Vice Chairman and</officerTitle>
            <otherText>Chief Financial Officer</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable></nonDerivativeTable>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Series A Floating-Rate Non-Cumulative Perpetual Preferred</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <footnoteId id="F1"/>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2014-07-21</value>
            </transactionDate>
            <deemedExecutionDate></deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>I</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>4.479</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>21.3195</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <value>2014-07-21</value>
                <footnoteId id="F2"/>
            </exerciseDate>
            <expirationDate>
                <value>2014-07-21</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Series A Floating-Rate Non-Cumulative Perpetual Preferred</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>4.479</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>1443.0322</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Each unit is the economic equivalent of one share of Zions Bancorporation Series A Preferred.</footnote>
        <footnote id="F2">Each share of phantom stock entitles the reporting person to receive, on the date reported, one share of Zions Bancorporation Series A Preferred Stock or the cash value thereof. Prior to payment, the reporting person has the right to transfer the value of his phantom stock account into an alternative investment.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>By Thomas E. Laursen as attorney in fact</signatureName>
        <signatureDate>2014-07-23</signatureDate>
    </ownerSignature>
</ownershipDocument>
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X0306
4
2014-07-21
0
0000109380
ZIONS BANCORPORATION /UT/
ZION
0001184827
ARNOLD DOYLE L
ONE SOUTH MAIN STREET, 15TH FLOOR
SALT LAKE CITY
UT
84133-1109
0
1
0
0
Vice Chairman and
Chief Financial Officer
Series A Floating-Rate Non-Cumulative Perpetual Preferred
2014-07-21
4
I
0
4.479
21.3195
D
2014-07-21
2014-07-21
Series A Floating-Rate Non-Cumulative Perpetual Preferred
4.479
1443.0322
D
Each unit is the economic equivalent of one share of Zions Bancorporation Series A Preferred.
Each share of phantom stock entitles the reporting person to receive, on the date reported, one share of Zions Bancorporation Series A Preferred Stock or the cash value thereof. Prior to payment, the reporting person has the right to transfer the value of his phantom stock account into an alternative investment.
By Thomas E. Laursen as attorney in fact
2014-07-23