7 Commercial Banking Stocks to Sell Now

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This week, the overall grades of seven Commercial Banking stocks are lower, according to the Portfolio Grader database. Each of these rates a “D” (“sell”) or “F” overall (“strong sell”).

IBERIABANK Corp.‘s (NASDAQ:IBKC) rating falls to a D (“sell”) this week, down from C (“hold”) the week prior. Iberiabank is the holding company for Iberiabank, a commercial bank conducting business from a network of offices located throughout Louisiana. For Portfolio Grader’s specific subcategory of Earnings Surprise, IBKC also gets an F. Shares of the company are down 2.7% from last month. This is worse than the Nasdaq’s 1.7% increase over the same period. For more information, get Portfolio Grader’s complete analysis of IBKC stock.

Shinhan Financial Group (NYSE:SHG) ratings are on the decline this week as the company earns a F (“strong sell”). Last week, it received a D (“sell”). Shinhan Financial Group is a financial holding company. The stock also gets an F in Sales Growth. To get an in-depth look at SHG, get Portfolio Grader’s complete analysis of SHG stock.

First Citizens Bancshares (NASDAQ:FCNCA) earns a D this week, moving down from last week’s grade of C. First Citizens BancShares is the holding company for First-Citizens Bank & Trust Company and Ironstone Bank. For a full analysis of FCNCA stock, visit Portfolio Grader.

Woori Finance‘s (NYSE:WF) rating weakens this week, dropping to a D versus last week’s C. Woori Finance Holdings provides various banking, and financial products and services in Korea. The stock also rates an F in Earnings Momentum. To get an in-depth look at WF, get Portfolio Grader’s complete analysis of WF stock.

Simmons First National (NASDAQ:SFNC) is having a tough week. The company’s rating falls from a C to a D rating. Simmons First National provides banking services to individual and corporate customers. The stock also gets an F in Sales Growth. For a full analysis of SFNC stock, visit Portfolio Grader.

Itau Unibanco Holding (NYSE:ITUB) gets weaker ratings this week as last week’s D drops to a F. Itau Unibanco Holding S.A. attracts deposits and offer retail, commercial, corporate, and private banking services. The stock also rates an F in Sales Growth. The price of ITUB has declined 2.9% over the past month. For more information, get Portfolio Grader’s complete analysis of ITUB stock.

This week, Barclays‘s (NYSE:BCS) rating worsens to a D from the company’s C rating a week ago. Barclays offers retail and commercial banking, credit cards, investment banking, wealth management, and investment management services. The stock gets F’s in Earnings Momentum, Earnings Surprise, and Sales Growth. For a full analysis of BCS 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.


Article printed from InvestorPlace Media, https://investorplace.com/2012/10/7-commercial-banking-stocks-to-sell-now-ibkc-shg-fcnca/.

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