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Benzinga

Business

Piero Cingari

Regional Bank Scare Was A Fluke, Zions Says—But Is The Sector Really Safe?

Zions Zions Bancorporation Utah

Regional banks

After last week's $60 million credit charge-off sent Zions Bancorporation (NASDAQ:ZION) tumbling 13% in a single day, the Utah-based lender is now telling investors to relax.

Backed by better-than-expected third-quarter earnings and a wave of reassuring credit commentary, the stock is clawing back losses—and sparking debate over whether the regional banking sector's panic was overblown.

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‘Not exactly his favorite senator’: Susan Collins distances herself from Trump in Maine debate

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One subscription that gives you access to news from hundreds of sites

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‘Not exactly his favorite senator’: Susan Collins distances herself from Trump in Maine debate

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