Home » Bear Case Scenario » Bear Case Scenario for Zions Bancorporation $ZIONS, $USB, $PNC, $BBT, $STI, $FRCPRD

Bear Case Scenario for Zions Bancorporation $ZIONS, $USB, $PNC, $BBT, $STI, $FRCPRD

Zions Bancorporation (Nasdaq:ZIONS) is about to release earnings. Ponder this Bear Case Scenario as you contemplate management’s comments. 40% of their lending is in California, Nevada and Arizona. These states are still struggling. Non accrual loans are around 2% which is dangerously high. Zions needs to stick handle their way out of this and soon.

George Gutowski writes from a caveat emptor perspective.

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