10 Commercial Banking Stocks to Buy Now

by Portfolio Grader | August 5, 2012 3:00 pm

The grades of ten Commercial Banking stocks are on the rise this week on Portfolio Grader[1]. Each of these stocks is rated an “A” (“strong buy”) or “B” overall (“buy”).

Republic Bancorp (NASDAQ:RBCAA[2]) is making headway this week, with the company’s rating improving to an A (“strong buy”) from a B (“buy”) last week. Republic Bancorp directs, plans and coordinates the business activities of the Republic Bank & Trust. In Portfolio Grader’s specific subcategories of Earnings Surprise and Cash Flow, RBCAA also gets A’s. The stock currently has a trailing PE Ratio of 4.6. For more information, get Portfolio Grader’s complete analysis of RBCAA stock[3].

This week, Renasant Corp. (NASDAQ:RNST[4]) is showing significant improvement as the company’s rating hops from a C (“hold”) to a B (“buy”). Renasant is a bank holding company that offers retail and commercial customers financial and insurance services. Shares of RNST have increased 11.3% over the past month, better than the 1% increase the Nasdaq has seen over the same period of time. For more information, get Portfolio Grader’s complete analysis of RNST stock[5].

Southwest Bancorp‘s (NASDAQ:OKSB[6]) ratings are looking better this week, moving up to a B from last week’s C. Southwest Bancorp is the bank holding company for the Stillwater National Bank and Trust Company and Bank of Kansas. For more information, get Portfolio Grader’s complete analysis of OKSB stock[7].

This week, FirstMerit‘s (NASDAQ:FMER[8]) ratings are up from a C last week to a B. FirstMerit operates primarily as a multi-bank holding company. For more information, get Portfolio Grader’s complete analysis of FMER stock[9].

Community Trust Bancorp (NASDAQ:CTBI[10]) is seeing ratings go up from a B last week to an A this week. Community Trust Bancorp is engaged in a range of commercial and personal banking and trust activities. For more information, get Portfolio Grader’s complete analysis of CTBI stock[11].

The rating of First California Financial Group (NASDAQ:FCAL[12]) moves up this week, rising from a B to an A. First California Financial Group provides a wide range of financial services to customers in Southern California. For more information, get Portfolio Grader’s complete analysis of FCAL stock[13].

Farmers National Banc‘s (NASDAQ:FMNB[14]) gets a higher grade this week, advancing from a B last week to an A. Farmers National Banc is the holding company for The Farmers National Bank of Canfield. For more information, get Portfolio Grader’s complete analysis of FMNB stock[15].

First Connecticut Bancorp Inc. (NASDAQ:FBNK[16]) improves from a B to an A rating this week. For more information, get Portfolio Grader’s complete analysis of FBNK stock[17].

This week, Berkshire Bancorp (NASDAQ:BERK[18]) pushes up from a B to an A rating. Berkshire Bancorp provides community banking services to businesses, professionals, and retail customers primarily in New York City metropolitan area and the Villages of Goshen and Harriman. The stock’s trailing PE Ratio is 1.4. For more information, get Portfolio Grader’s complete analysis of BERK stock[19].

This is a strong week for Sumitomo Mitsui Financial Group (NYSE:SMFG[20]). The company’s rating climbs to B from the previous week’s C. Sumitomo Mitsui Financial Group provides commercial banking and a variety of financial services. Shares of the stock have been trading at an exceptionally rapid pace, up threefold from the week prior. For more information, get Portfolio Grader’s complete analysis of SMFG stock[21].

Louis Navellier’s proprietary Portfolio Grader[1] stock ranking system assesses roughly 5,000 companies every week based on a number of fundamental and quantitative measures. Stocks are given a letter grade based on their results — with A being “strong buy,” and F being “strong sell.” Explore the tool here[22].

Endnotes:
  1. Portfolio Grader: http://navelliergrowth.investorplace.com/portfolio-grader/
  2. RBCAA: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=RBCAA
  3. For more information, get Portfolio Grader’s complete analysis of RBCAA stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=RBCAA
  4. RNST: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=RNST
  5. For more information, get Portfolio Grader’s complete analysis of RNST stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=RNST
  6. OKSB: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=OKSB
  7. For more information, get Portfolio Grader’s complete analysis of OKSB stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=OKSB
  8. FMER: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=FMER
  9. For more information, get Portfolio Grader’s complete analysis of FMER stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=FMER
  10. CTBI: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=CTBI
  11. For more information, get Portfolio Grader’s complete analysis of CTBI stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=CTBI
  12. FCAL: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=FCAL
  13. For more information, get Portfolio Grader’s complete analysis of FCAL stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=FCAL
  14. FMNB: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=FMNB
  15. For more information, get Portfolio Grader’s complete analysis of FMNB stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=FMNB
  16. FBNK: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=FBNK
  17. For more information, get Portfolio Grader’s complete analysis of FBNK stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=FBNK
  18. BERK: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=BERK
  19. For more information, get Portfolio Grader’s complete analysis of BERK stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=BERK
  20. SMFG: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=SMFG
  21. For more information, get Portfolio Grader’s complete analysis of SMFG stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=SMFG
  22. here: http://navelliergrowth.investorplace.com/portfolio-grader/

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