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8 Commercial Banking Stocks to Buy Now

EGBN, UVSP, BMTC, MCBI, IBN, FISI, NRIM, WCBO improve in weekly rankings

   

This week, eight Commercial Banking stocks are improving their overall ratings on Portfolio Grader. Each of these stocks is rated an “A” (“strong buy”) or “B” overall (“buy”).

Eagle Bancorp (NASDAQ:EGBN) is making headway this week, with the company’s rating improving to an A (“strong buy”) from a B (“buy”) last week. Eagle Bancorp conducts commercial and consumer banking services. In Portfolio Grader’s specific subcategories of Earnings Revisions and Sales Growth, EGBN also gets A’s. For more information, get Portfolio Grader’s complete analysis of EGBN stock.

Univest Corp. of Pennsylvania’s (NASDAQ:UVSP) grade is moving up to a B (“buy”) this week from last week’s C (“hold”). Univest Corporation of Pennsylvania provides financial services to individuals, municipalities, and businesses. Shares of UVSP have increased 5% over the past month, better than the 4.1% increase the Nasdaq has seen over the same period of time. For more information, get Portfolio Grader’s complete analysis of UVSP stock.

Bryn Mawr Bank (NASDAQ:BMTC) is seeing ratings go up from a C last week to a B this week. Bryn Mawr Bank offers a full range of personal and business banking services. Wall Street seems to agree with the upgrade and has propelled the stock up 7.2% over the past month. For more information, get Portfolio Grader’s complete analysis of BMTC stock.

MetroCorp Bancshares (NASDAQ:MCBI) improves from a B to a A rating this week. MetroCorp Bancshares is engaged in commercial banking activities. Investors seem to agree with the upgraded status of the stock, and have pushed the stock up 8.8% over the past month. For more information, get Portfolio Grader’s complete analysis of MCBI stock.

ICICI Bank’s (NYSE:IBN) ratings are looking better this week, moving up to a B from last week’s C. ICICI Bank operates a network of bank’s located throughout India. Investors have pushed the stock price up 12.5% over the past month. For more information, get Portfolio Grader’s complete analysis of IBN stock.

Financial Institutions (NASDAQ:FISI) boosts its rating from a C to a B this week. Financial Institutions is a bank holding company for several community banks based in western and central New York. For more information, get Portfolio Grader’s complete analysis of FISI stock.

This is a strong week for Northrim BanCorp (NASDAQ:NRIM). The company’s rating climbs to A from the previous week’s B. Northrim BanCorp provides a full range of depository and loan services primarily to businesses individuals in Alaska. Wall Street has pushed the stock higher by 5.6% over the past month. For more information, get Portfolio Grader’s complete analysis of NRIM stock.

West Coast Bancorp (NASDAQ:WCBO) shows solid improvement this week. The company’s rating rises from a B to a A. West Coast Bancorp is a bank holding company through its subsidiaries which provides a full range of financial services including lending and depository services through 64 branch banking offices in Oregon and Washington. For more information, get Portfolio Grader’s complete analysis of WCBO 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/2012/12/8-commercial-banking-stocks-to-buy-now-egbn-uvsp-bmtc/.

©2014 InvestorPlace Media, LLC

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