by Portfolio Grader | September 19, 2012 5:00 pm
Ten Commercial Banking stocks are moving up in their overall rating this week, according to the Portfolio Grader[1] database. Every one of these is graded an “A” (“strong buy”) or “B” overall (“buy”).
Enterprise Bancorp (NASDAQ:EBTC[2]) ups its rating to a B (“buy”) this week after earning a C (“hold”) in the week before. Enterprise Bancorp is the holding company for Enterprise Bank and Trust Company. Over the last month, shares of the company are up 1.7%. For more information, get Portfolio Grader’s complete analysis of EBTC stock[3].
Republic Bancorp (NASDAQ:RBCAA[4]) 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. Shares of RBCAA have increased 3.1% over the past month. The stock has a trailing PE Ratio of 4.9. For more information, get Portfolio Grader’s complete analysis of RBCAA stock[5].
The rating of M&T Bank (NYSE:MTB[6]) moves up this week, rising from a C to a B. M&T Bank provides commercial and retail banking services, including loans and deposits, asset management and insurance. Investors have pushed the stock price up 7.6% over the past month, better than the S&P 500’s 2.9% increase for the same period. The stock has a dividend yield of 2.8%. For more information, get Portfolio Grader’s complete analysis of MTB stock[7].
SunTrust Banks‘s (NYSE:STI[8]) ratings are looking better this week, moving up to a B from last week’s C. SunTrust Banks is a commercial banking organization and a financial services holding company that provides financial services to corporate and consumer clients. Wall Street has pushed the stock higher by 12.6% over the past month. For more information, get Portfolio Grader’s complete analysis of STI stock[9].
This week, Regions Financial‘s (NYSE:RF[10]) ratings are up from a B last week to an A. Regions Financial is a holding company that provides commercial, retail and mortgage banking services to individual and corporate customers. Investors seem to agree with the upgraded status of the stock, and have pushed the stock up 1.7% over the past month. For more information, get Portfolio Grader’s complete analysis of RF stock[11].
This is a strong week for Community Trust Bancorp (NASDAQ:CTBI[12]). The company’s rating climbs to A from the previous week’s B. Community Trust Bancorp is engaged in a range of commercial and personal banking and trust activities. Shares of CTBI are up 2.3% from last month. For more information, get Portfolio Grader’s complete analysis of CTBI stock[13].
Southside Bancshares (NASDAQ:SBSI[14]) boosts its rating from a C to a B this week. Southside Bancshares offers a range of financial services to individuals, businesses, municipal entities and non-profit organizations in the communities it serves. The stock currently has a trailing PE Ratio of 9.9. For more information, get Portfolio Grader’s complete analysis of SBSI stock[15].
Credicorp (NYSE:BAP[16]) gets a higher grade this week, advancing from a C last week to a B. Credicorp offers commercial banking, insurance, and investment banking services, primarily in Peru. Wall Street seems to agree with the upgrade and has propelled the stock up 5.9% over the past month. The current dividend yield is 2.3%. For more information, get Portfolio Grader’s complete analysis of BAP stock[17].
Financial Institutions (NASDAQ:FISI[18]) shows solid improvement this week. The company’s rating rises from a C to a B. Financial Institutions is a bank holding company for several community banks based in western and central New York. Wall Street has pushed the stock higher by 6% over the past month. For more information, get Portfolio Grader’s complete analysis of FISI stock[19].
First BanCorp (NYSE:FBP[20]) is seeing ratings go up from a C last week to a B this week. First BanCorp is the holding company for FirstBank Puerto Rico. Investors have pushed the stock price up 20% over the past month. The stock’s trailing PE Ratio is 0.9. For more information, get Portfolio Grader’s complete analysis of FBP stock[21].
Louis Navellier’s proprietary Portfolio Grader[22] 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[23].
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