This week, the overall grades of three Commercial Banking stocks are lower, according to the Portfolio Grader database. Each of these rates a “D” (“sell”) or “F” overall (“strong sell”).
This week, Zions Bancorporation (NASDAQ:ZION) falls to a D (“sell”), worse than last week’s grade of C (“hold”). Zions is a financial holding company that owns and operates eight commercial banks in the United States. In Portfolio Grader’s specific subcategories of Earnings Momentum and Earnings Surprise, ZION also gets F’s. To get an in-depth look at ZION, get Portfolio Grader’s complete analysis of ZION stock.
Slipping from a C to a D rating, First Busey (NASDAQ:BUSE) takes a hit this week. First Busey is a multi-bank holding company. The stock also gets an F in Earnings Surprise. For more information, get Portfolio Grader’s complete analysis of BUSE stock.
First BanCorp (NASDAQ:FBNC) earns a D this week, falling from last week’s grade of C. First Bancorp is the holding company for First Bank and two nonbank subsidiaries. The stock gets F’s in Earnings Revisions, Margin Growth, and Sales Growth. For a full analysis of FBNC stock, visit Portfolio Grader.
Louis Navellier’s proprietary Portfolio Grader 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.