11 Commercial Banking Stocks to Buy Now

BBCN, STI, WFC, CNBC, MCBI, FUBC, NRIM, BANR, CZNC, RF, FBP improve in weekly rankings

   
11 Commercial Banking Stocks to Buy Now

The grades of 11 Commercial Banking stocks are on the rise this week on Portfolio Grader. Each of these stocks is rated an “A” (“strong buy”) or “B” overall (“buy”).

BBCN Bancorp (NASDAQ:BBCN) is progressing from last week’s rating of B (“buy”) as the company improves to an A (“strong buy”) this week. BBCN Bancorp operates as a bank holding company for BBCN Bank that provides business banking products to small- and medium-sized companies. In Portfolio Grader’s specific subcategories of Earnings Growth, Margin Growth, and Sales Growth, BBCN also gets A’s. For more information, get Portfolio Grader’s complete analysis of BBCN stock.

This week, SunTrust Banks (NYSE:STI) is showing significant improvement as the company’s rating hops from a C (“hold”) to a B (“buy”). SunTrust Banks is a commercial banking organization and a financial services holding company that provides financial services to corporate and consumer clients. Shares of STI have increased 10% over the past month, better than the 0.6% increase the S&P 500 has seen over the same period of time. For more information, get Portfolio Grader’s complete analysis of STI stock.

This is a strong week for Wells Fargo (NYSE:WFC). The company’s rating climbs to B from the previous week’s C. Wells Fargo provides financial services in mainly wholesale banking, mortgage banking, consumer finance, equipment leasing, agricultural finance and commercial finance. For more information, get Portfolio Grader’s complete analysis of WFC stock.

This week, Center Bancorp (NASDAQ:CNBC) pushes up from a C to a B rating. Center Bancorp is a provider of various lending, depository, and related financial services for commercial, industrial, and governmental customers. For more information, get Portfolio Grader’s complete analysis of CNBC stock.

MetroCorp Bancshares‘s (NASDAQ:MCBI) ratings are looking better this week, moving up to a A from last week’s B. MetroCorp Bancshares is engaged in commercial banking activities. For more information, get Portfolio Grader’s complete analysis of MCBI stock.

1st United Bancorp (NASDAQ:FUBC) is seeing ratings go up from a C last week to a B this week. 1st United Bancorp provides customers with traditional loan and deposit products. Wall Street seems to agree with the upgrade and has propelled the stock up 6.5% over the past month. For more information, get Portfolio Grader’s complete analysis of FUBC stock.

Northrim BanCorp (NASDAQ:NRIM) shows solid improvement this week. The company’s rating rises from a C to a B. Northrim BanCorp provides a full range of depository and loan services primarily to businesses individuals in Alaska. For more information, get Portfolio Grader’s complete analysis of NRIM stock.

Banner Corp. (NASDAQ:BANR) gets a higher grade this week, advancing from a B last week to a A. Banner Corporation offers a variety of commercial banking services and financial products to individuals, businesses and public sector entities in its primary market areas. For more information, get Portfolio Grader’s complete analysis of BANR stock.

Citizens & Northern (NASDAQ:CZNC) boosts its rating from a C to a B this week. Citizens & Northern offers banking and mortgage services to individual and corporate customers in northern Pennsylvania and southern New York. For more information, get Portfolio Grader’s complete analysis of CZNC stock.

Regions Financial (NYSE:RF) earns a A this week, jumping up from last week’s grade of B. Regions Financial is a holding company that provides commercial, retail and mortgage banking services to individual and corporate customers. For more information, get Portfolio Grader’s complete analysis of RF stock.

First BanCorp (NYSE:FBP) improves from a C to a B rating this week. First BanCorp is the holding company for FirstBank Puerto Rico. The stock currently has a trailing PE Ratio of 0.90. For more information, get Portfolio Grader’s complete analysis of FBP stock.

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.


Article printed from InvestorPlace Media, http://investorplace.com/2012/10/11-commercial-banking-stocks-to-buy-now-bbcn-sti-wfc/.

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