Analyst Review on Zions Bancorp and East West Bancorp - Regional Pacific Banks Experience Positive Loan Growth in Q3
(firmenpresse) - CHICAGO, IL -- (Marketwire) -- 11/13/12 -- Today's Free Analyst Review - (NASDAQ: ZION) (NASDAQ: EWBC)
Improving dynamics have led to a number of positive quarterly financial results from the regional pacific banks industry, within which Zions Bancorp and East West Bancorp operate. The uptick in the jobs market, which has averaged a monthly addition of 170,000 new jobs over the past three months, seems to be improving individuals' and businesses' confidence in the economy, driving loan and deposit growth up. Access our free reviews on and at
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Economic uncertainty has long been a drag on consumer and commercial loan categories, as people has been inclined to postpone big ticket purchases and monetary investment until more stable times. However, recent quarterly results from pacific regional banks indicate that loan and lease growth is gaining momentum and could be a positive catalyst moving forward. Industry players reported improvements in a variety of loan categories including non-covered commercial and trade finance loans, commercial and industrial loans, as well as, 1-4 family residential loans and term commercial real estate loans. Zions Bancorp financial analysis is available for free at
Furthermore, better credit quality and, for many an increase in non-interest income was positives during the quarter. Nevertheless, headwinds remain as the low interest rate environment persists, denting net interest margins with no clear end in sight. Our financial analysis on East West Bancorp Inc. can be accessed at
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Datum: 13.11.2012 - 13:21 Uhr
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News-ID 202677
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