This Regional Bank's Earnings Have Stabilized, and That's Great News for Dividend Investors

Income-seeking investors looking ahead to a post-COVID-19 world may find potential in safe bank stocks that struggled during 2020 at the height of the pandemic. As global vaccinations slowly roll out, still-depressed bank stocks offer attractive yields with the bonus of eventual share price growth.

Operating in 11 western states, Zions Bancorporation (NASDAQ: ZION) provides a nice example of this potential. The company is one of the largest regional banks in the U.S., with a market capitalization of $8 billion and a total asset base of $81 billion. The bank issued its fourth-quarter 2020 earnings on Tuesday after markets closed, and results clearly indicate that its financial outlook is stabilizing. Below, let's briefly review key points from the report and discuss why Zions Bancorp is an enticing candidate for dividend investors.

Image source: Getty Images.

Continue reading

Source Fool.com