Business & Finance
Business and Finance
Business and Finance
Thu, February 17, 2011 Equity Research on Zions Bancorp. and East West Bancorp Inc. - Regional-Pacific Banks Sector Working Through Consolidation Phas
NEW YORK CITY, NY--(Marketwire - February 17, 2011) - [ www.shinesroomonline.com ] has a handpicked team of market professionals with over 100 years of combined investing experience. Today they are providing members comprehensive research on the regional-pacific Banks industry and are offering free analytical research on Zions Bancorp. (
The banking sector has been in consolidation mode as certain banks have emerged stronger than others from the recession and new regulatory stipulations have increased costs. East West Bancorp Inc. is one of the banks that have been on an acquisition spree. East West acquired United Commercial Bank back in 2009 with help from the FDIC. East West had a strong Q4 recently thanks to higher credit quality and reduced loan provisions. East West Bancorp Inc. research report is available for free by signing up now at [ http://www.shinesroomonline.com/reports/February1711EastWestBancorpInc.(EWBC)170211.php ].
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CVB Financial Corp. is another company that has used the FDIC's aid to acquire a struggling bank and has spent the past year integrating San Joaquin Bank. Visit [ www.shinesroomonline.com ] to see how companies in this industry have grown over the past years and how they are expected to perform in the future.
Other banks are also lowering their provisions. Zions Bancorp lowered their Q4 provisions to $173.2 million from $184.7 million in Q3. Zions is an example of a bank that emerged less strong from the recession due to its geographic exposure to some hard hit real estate markets. Zions has posted a loss for nine straight quarters though this could change early this year. Zions Bancorp report is accessible for free by registering today at [ http://www.shinesroomonline.com/reports/February1711ZionsBancorp.(ZION)170211.php ].
Improving credit has been a trend throughout the industry as a number of banks saw improving credit and reduced charge-offs on bad loans during Q4.
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