Zions Bancorporation (NASDAQ: ZION) nosedived this week after reporting a $50 million write-off tied to fraudulent loans. The sell-off wiped over $1 billion off its market cap in recent sessions. The regional bank’s announcement sparked investor anxiety over its lending standards and broader credit risk across the financial sector. However, a senior Baird analyst, David George, says the price action is disproportionate given the aforementioned fraud was an isolated incident, not a sign of systemic weakness. In a research note this morning, George recommended buying...
Saturday 18 October 2025
wn.com - 11 hours ago
ZION stock: why the pullback in this regional bank is vastly overdone
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