Regional Bank Scare Was A Fluke, Zions Says—But Is The Sector Really Safe?
1. Zions reported $221 million net income, beating expectations. 2. Credit charge-off considered isolated, not indicative of quality issues. 3. Improving credit trends with stable non-performing assets at 0.54%. 4. JP Morgan raised Zions' price target from $58 to $62. 5. Focus shifting towards private credit risks in financial stability.