Zions profits slow in Q4

Zions profits slow in Q4

By paul beebe
The Salt Lake Tribune

Published Jan 23, 2012 02:51PM MDT

Zions Bancorp’s profit momentum slowed in the fourth quarter as the regional bank struggled to increase revenue through more lending.
Zions earned $44.4 million, or 24 cents per share, in the quarter ended Dec. 31, the Salt Lake City-based lender said Monday. Analysts surveyed by Thomson Reuters were looking for 33 cents per share.
While Zions bounced back from a loss of $110.3 million, or 62 cents per share, in the fourth quarter of 2010, its profit slipped from the third quarter of this year....

Copyright 2011 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.