Banks reporting quarterly results this week:
Zions Bancorp (ZION) ($30.55) reports quarterly results afterhours today and is expected to earn 42 cents per share. Zions set its multi-year high at $31.40 on July 8. My monthly value level is $28.40 with a weekly pivot at $30.57 and semiannual risky level at $32.35.
Regions Financial (RF) ($10.23) reports quarterly results premarket on Tuesday and is expected to earn 21 cents per share. Regions set its multi-year high at $10.34 on July 8. My semiannual value level is $9.81 with a weekly pivot at $10.14.
Cullen Frost Bank (CFR - Get Report) ($72.07) reports quarterly results premarket on Wednesday and is expected to earn 94 cents per share. Cullen Frost set its multi-year high at $72.77 on July 8. My weekly value level is $71.26.(NYCB) ($14.91) reports quarterly results premarket on Wednesday and is expected to earn 25 cents per share. NY Community set its 2013 high at $14.92 on Friday versus its Oct. 9, 2012 high at $15.05. At the time of publication the author held no positions in any of the stocks mentioned. Follow @Suttmeier This article is commentary by an independent contributor, separate from TheStreet's regular news coverage.
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