Zions Bancorp Hit Hard: $50M Write-Off Shakes Investors
Update: 2025-10-16
Description
Zions Bancorporation stock plummets 8% after a $50 million write-off from bad commercial loans! Discover how misrepresentations and contract defaults in California Bank and Trust triggered this major loss, overshadowing recent positive trends in the financial sector and sparking investor concern. Is this a temporary setback or a sign of deeper issues for the regional bank?
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