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) ($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.

New York Community Bank ( 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.

This article is commentary by an independent contributor, separate from TheStreet's regular news coverage.
Richard Suttmeier has an engineering degree from Georgia Tech and a master of science from Brooklyn Poly. He began his career in the financial services industry in 1972 trading U.S. Treasury securities in the primary dealer community. In 1981 he formed the Government Bond Department at LF Rothschild and helped establish that firm as a primary dealer in 1986. Richard began writing market research in 1984 and held positions as market strategist at firms such as Smith Barney, William R Hough, Joseph Stevens, and Rightside Advisors. He joined www.ValuEngine.com in 2008 producing newsletters covering the U.S. capital markets, and a universe of more than 7,000 stocks. Richard employs a "buy and trade" investment strategy and can be reached at RSuttmeier@Gmail.com.

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