Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

Zions Bancorp (NYSE: ZION)

Long Ideas

What Zions Bancorp can tell us about the State of the Economy?

Zions is a good barometer of the regional economy in the West because it owns several regional banks including: Amegy Bank of Texas, Vectra Bank in Colorado, the California Bank & Trust, the Nevada State Bank, the National Bank of Arizona, The Commerce Bank of Oregon, The Commerce Bank of Washington and Zions First National Bank in Utah. A look at Zions’ financial numbers can give us a glimpse of how the economy in those states is doing.

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