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SocialPicks Community
Bearish on ZION ...
ZION
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+52.54%
in
520 days
ions Bancorporation operates as a multi bank holding company that provides banking and related products and services in the United States. The company offers small and medium-sized business and corporate banking services; commercial and residential development, construction, and term lending services; retail banking services; treasury cash management and related products and services; residential mortgages; and trust and wealth management services. It also provides personal banking services to individuals, including home mortgages, bankcard, other installment loans, home equity lines of cre...
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Possibly the next CFC?
ZION
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+74.39%
in
677 days
Watch this one closely, all may not be as it seems under the hood.
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From the Blogosphere
Zacks Analyst Blog Highlights: J. Crew Group Inc., JPMorgan Chase, Fifth Third Bancorp, U.S. Bancorp and Zions Bancorp – Press Releases
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For Immediate Release Chicago, IL – November 27, 2009 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: J. Crew Group Inc. (JCG), JPMorgan Chase (JPM), Fifth Third Bancorp (FITB), U.S. Bancorp (USB) and Zions Bancorp (ZION). Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=5513 <><>Here are highlights from Wednesday’s Analyst Blog<><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><>< />< />< />< /><><><><>< /><><>< /><>< /><>< />< />...
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U.S. Bancorp to Sell 3 Texas Banks – Analyst Blog
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U.S. Bancorp (USB) announced on Wednesday that its lead bank, U.S. Bank National Association is planning to sell the three Texas banks that were recently acquired from the Federal Deposit Insurance Corporation (FDIC) as part of the acquisition of the banking subsidiaries of FBOP Corp. of Oak Park, Illinois.
The three Texas banks, which the company intends to sell are Citizens National Bank of Teague, Madisonville State Bank of Madisonville and North Houston Bank of Houston. These banks were among the nine banking subsidiaries that were acquired by U.S. Bancorp on Oct 30, 2009, and were pr...
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FDIC Fund in the Negative – Analyst Blog
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In its quarterly report on the banks, issued on Tuesday, the Federal Deposit Insurance Corporation (FDIC) said that the deposit insurance fund used to protect customer accounts dropped by $18.6 billion during the third quarter of 2009 to a deficit of $8.2 billion, while banks earned only $2.8 billion as loan defaults continued to hurt bank balance sheets. The agency said that the decline in the insurance fund was due primarily to an additional $21.7 billion set aside by the FDIC during the quarter for additional bank failures.
While the state of the economy is showing signs of recovery, ther...
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U.S. Bank Failures Hit 124 – Analyst Blog
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U.S. regulators on Friday closed down Commerce Bank of Southwest Florida. Though there are some early signs of economic recovery, bank failures go on growing with rising loan defaults. This takes the total number of bank failures to 124, compared to 25 in 2008 and 3 in 2007. The weak economy continues to weigh heavily on banks with a stream of loan defaults.
As the industry has to tolerate bad loans that were made during the credit explosion, the trouble in the banking system goes even deeper, increasing the possibility of more bank failures. However, the regulators are trying to avoid pan...
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Analyst upgrades, downgrades and initiations: ANN, AXP, CIEN, DE, RA, SBUX, ZION ...
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About Zions Ban Corp.
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