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8 Commercial Banking Stocks to Buy Now

CATY, BBT, SBNY, HBC, CRFN, FIBK, TD, PCBC improve in weekly rankings

   

The grades of eight 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.

Cathay General Bancorp (NASDAQ:CATY) ups its rating to a B (“buy”) this week after earning a C (“hold”) in the week before. Cathay General Bancorp offers a variety of financial services, including loans. In Portfolio Grader’s specific subcategories of Cash Flow and Margin Growth, CATY also gets A’s. For more information, get Portfolio Grader’s complete analysis of CATY stock.

BB&T Corp. (NYSE:BBT) earns a B this week, jumping up from last week’s grade of C. BB&T is a financial holding company that operates mainly through its commercial bank subsidiary to provide a range of banking services and loans to individuals and businesses. For more information, get Portfolio Grader’s complete analysis of BBT stock.

Signature Bank (NASDAQ:SBNY) boosts its rating from a C to a B this week. Signature Bank offers a variety of business and personal banking products and services, in addition to investment, brokerage, asset management, and insurance products and services. For more information, get Portfolio Grader’s complete analysis of SBNY stock.

HSBC Holdings (NYSE:HBC) shows solid improvement this week. The company’s rating rises from a C to a B. HSBC Holdings is the holding company for the HSBC Group. For more information, get Portfolio Grader’s complete analysis of HBC stock.

Crescent Financial Bancshares’ (NASDAQ:CRFN) ratings are looking better this week, moving up to a B from last week’s C. Crescent Financial Bancshares provides commercial and retail banking services to individuals and small-to-medium sized businesses in North Carolina. The stock price has risen 7.6% over the past month, better than the 3% decrease the Nasdaq has seen over the same period of time. For more information, get Portfolio Grader’s complete analysis of CRFN stock.

First Interstate Bancsystem Inc. Cl A (NASDAQ:FIBK) is seeing ratings go up from a C last week to a B this week. First Interstate BancSystem is the holding company of First Interstate Bank. For more information, get Portfolio Grader’s complete analysis of FIBK stock.

This week, Toronto-Dominion Bank’s (NYSE:TD) ratings are up from a C last week to a B. The Toronto-Dominion Bank provides personal and commercial banking, wealth management, insurance and wholesale banking in the United States and Canada. The stock has a dividend yield of 3.1%. For more information, get Portfolio Grader’s complete analysis of TD stock.

This week, Pacific Capital Bancorp (NASDAQ:PCBC) is showing good progress as the company’s rating jumps from a B (“buy”) last week to an A (“strong buy”). Pacific Capital Bancorp provides a range of commercial and consumer banking services. For more information, get Portfolio Grader’s complete analysis of PCBC 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/2012/11/8-commercial-banking-stocks-to-buy-now-caty-bbt-sbny/.

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