The Financial Sector (NYSEARCA: XLF) caused concern with Zions Bancorp revealing a $60 million provision and $50 million write-down. However, Q3 reports show regional banks are holding up well. Zions Bancorporation (NASDAQ: ZION) absorbed the write-down, with a 3.75% yield and potential for distribution growth.

Fifth Third Bancorp (NASDAQ: FITB) outperformed in Q3 with nearly 8% revenue growth and improving leverage. The stock yields nearly 4%, with a distribution less than 45% of earnings outlook. Analysts forecast a 25% upside, with institutions buying in for the long-haul.

U.S. Bancorp (NYSE: USB) shares fell slightly despite strong Q3 results. Revenue grew nearly 7% with improving fee income. Analysts rate it a Moderate Buy with an 18% upside at the consensus target. The company forecasts continued revenue growth and strong fee income in upcoming quarters.

Read more at Nasdaq: 3 High-Yield Banks for Investors to Buy on the Dip