by Portfolio Grader | October 24, 2012 10:30 am
The grades of nine Commercial Banking stocks are better this week, according to the Portfolio Grader database. Every one of these stocks has an “A” (“strong buy”) or “B” overall (“buy”) rating.
M&T Bank‘s (NYSE:MTB) grade is moving up to a B (“buy”) this week from last week’s C (“hold”). M&T Bank provides commercial and retail banking services, including loans and deposits, asset management and insurance. In Portfolio Grader’s specific subcategories of Earnings Momentum and Earnings Revisions, MTB also gets A’s. Shares of MTB have increased 9.4% over the past month, better than the 3.2% decrease the S&P 500 has seen over the same period of time. The current dividend yield is 2.8%. For more information, get Portfolio Grader’s complete analysis of MTB stock.
Wells Fargo (NYSE:WFC) earns a B this week, jumping up from last week’s grade of 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.
Home BancShares (NASDAQ:HOMB) is progressing from last week’s rating of B (“buy”) as the company improves to an A (“strong buy”) this week. Home BancShares is a bank holding company whose subsidiaries provide a range of commercial and retail banking services to businesses, real estate developers and investors, individuals and municipalities. For more information, get Portfolio Grader’s complete analysis of HOMB stock.
This week, S.Y. Bancorp‘s (NASDAQ:SYBT) ratings are up from a C last week to a B. S. Y. Bancorp is a holding company for Stock Yards Bank & Trust Company, which offers commercial and personal banking, investment management and trust services in the United States. For more information, get Portfolio Grader’s complete analysis of SYBT stock.
Southwest Bancorp (NASDAQ:OKSB) gets a higher grade this week, advancing from a B last week to a A. Southwest Bancorp is the bank holding company for the Stillwater National Bank and Trust Company and Bank of Kansas. For more information, get Portfolio Grader’s complete analysis of OKSB stock.
Towne Bank (NASDAQ:TOWN) improves from a C to a B rating this week. TowneBank is a community bank is a provider of financial services to individuals, small and medium sized businesses. For more information, get Portfolio Grader’s complete analysis of TOWN stock.
BankUnited‘s (NYSE:BKU) ratings are looking better this week, moving up to a B from last week’s C. BankUnited provides comprehensive wealth management products and financial planning services. For more information, get Portfolio Grader’s complete analysis of BKU stock.
First BanCorp (NYSE:FBP) boosts its rating from a C to a B this week. First BanCorp is the holding company for FirstBank Puerto Rico. The stock’s trailing PE Ratio is 0.80. For more information, get Portfolio Grader’s complete analysis of FBP stock.
The rating of Mizuho Financial Group (NYSE:MFG) moves up this week, rising from a C to a B. Mizuho Financial provides domestic and international financial services in Japan and other countries. The stock currently has a trailing PE Ratio of 4.80. For more information, get Portfolio Grader’s complete analysis of MFG 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.
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