I tend to agree with Mr. Baird. The construction lending sector has some massive exposure in AZ, UT, and southern NV, with a preponderance of smaller builders making up its client base. With construction lending on its back in those areas, higher provisions will crimp profits for the next year and a half.
-
I tend to agree with Mr. Baird. The construction lending sector has some massive exposure in AZ, UT, and southern NV, with a preponderance of smaller builders making up its client base. With construction lending on its back in those areas, higher provisions will crimp profits for the next year and a half.
Jul 17 13:37 pm
|Rating:
0
0
All Comments by billddrummer »Earnings Preview: Zions Bancorp [View article]