Deutsche Bank Raises FY13 EPS Estimate on Zions Bancorp

A report from Deutsche Bank raises its FY13 EPS estimate from $1.68 to $1.90 on Zions Bancorp (NASDAQ: ZION).

The report states, “Banks are in the midst of developing capital deployment proposals to submit to regulators for what has become an annual review of bank balance sheets and capital (or CCAR). The review will include the largest 19 banks as well as remaining banks with at least $50b of assets (these reviews may vary a bit from those for the top 19).”

ZION closed yesterday at $15.74.