5 Commercial Banking Stocks to Sell Now

by Portfolio Grader | October 17, 2012 12:19 pm

This week, the ratings of five Commercial Banking stocks on Portfolio Grader[1] are down. Each of these rates a “D” (“sell”) or “F” overall (“strong sell”).

NBT Bancorp‘s (NASDAQ:NBTB[2]) rating falls to a D (“sell”) this week, down from C (“hold”) the week prior. NBT Bancorp is a financial holding company that, through subsidiaries NBT Bank and Pennstar Bank, provides commercial banking and financial services. The stock price has fallen 5.9% over the past month, worse than the 2.4% decrease the Nasdaq has seen over the same period of time. To get an in-depth look at NBTB, get Portfolio Grader’s complete analysis of NBTB stock[3].

MB Financial (NASDAQ:MBFI[4]) experiences a ratings drop this week, going from last week’s C to a D. MB Financial is a financial holding company that provides a range of financial services to small and middle market businesses and individuals and corporate customers. The stock also gets an F in Sales Growth. Share prices fell 8.5% over the past month. For a full analysis of MBFI stock, visit Portfolio Grader[5].

This week, Hancock Holding (NASDAQ:HBHC[6]) drops from a C to a D rating. Hancock Holding is a multi-bank holding company. Wall Street appears to agree with the stock downgrade, with share prices dropping 6.9% over the past month. For more information, get Portfolio Grader’s complete analysis of HBHC stock[7].

FNB United (NASDAQ:FNBN[8]) earns a D this week, falling from last week’s grade of C. FNB United is a bank holding company. The stock gets F’s in Earnings Momentum, Equity, and Cash Flow. Shares of FNBN have dropped 0.5% from a month ago. To get an in-depth look at FNBN, get Portfolio Grader’s complete analysis of FNBN stock[9].

First Niagara Financial Group‘s (NASDAQ:FNFG[10]) rating falls this week to a F (“strong sell”), down from last week’s D (“sell”). First Niagara Financial Group is a bank holding company. The stock also gets an F in Earnings Growth. The price of FNFG has declined 3.2% since last month. For a full analysis of FNFG stock, visit Portfolio Grader[11].

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[12].

Source URL: https://investorplace.com/2012/10/5-commercial-banking-stocks-to-sell-now-nbtb-mbfi-hbhc/

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