ZION stock: why the pullback in this regional bank is vastly overdone

Core Viewpoint - Zions Bancorporation experienced a significant decline in its stock value following the announcement of a $50 million write-off related to fraudulent loans, resulting in a loss of over $1 billion in market capitalization in recent trading sessions [1] Company Summary - Zions Bancorporation reported a write-off of $50 million due to fraudulent loans [1] - The market reaction to this news led to a sell-off that erased more than $1 billion from the company's market capitalization [1]