8 Commercial Banking Stocks to Buy Now

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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.

Bank of Montreal (NYSE:BMO) is making progress this week as its rating of C (“hold”) from last week increases to a B (“buy”) rating this week. Bank of Montreal provides various retail banking, wealth management, and investment banking products and services in North America and internationally. In Portfolio Grader’s specific subcategory of Cash Flow, BMO also gets an A. The stock’s dividend yield is 2.9%. For more information, get Portfolio Grader’s complete analysis of BMO stock.

This is a strong week for Century Bancorp (NASDAQ:CNBKA). The company’s rating climbs to B from the previous week’s C. Century Bancorp offers business, personal, and institutional services. For more information, get Portfolio Grader’s complete analysis of CNBKA stock.

Union First Market Bankshares (NASDAQ:UBSH) improves from a C to a B rating this week. Union First Market is the holding company for Union First Market Bank. Shares of UBSH have increased 5.9% over the past month, better than the 4.7% increase the Nasdaq has seen over the same period of time. For more information, get Portfolio Grader’s complete analysis of UBSH stock.

Centerstate Banks (NASDAQ:CSFL) boosts its rating from a C to a B this week. CenterState Banks provides a range of consumer and commercial banking services to individuals, businesses and industries. Investors seem to agree with the upgraded status of the stock, and have pushed the stock up 9.8% over the past month. For more information, get Portfolio Grader’s complete analysis of CSFL stock.

West Bancorp (NASDAQ:WTBA) is seeing ratings go up from a C last week to a B this week. West Bancorporation is a holding company for West Bank, which provides commercial banking services, including checking accounts, savings accounts, money market accounts, and time certificates of deposit. Wall Street has pushed the stock higher by 9.1% over the past month. For more information, get Portfolio Grader’s complete analysis of WTBA stock.

This week, BSB Bancorp Inc’s (NASDAQ:BLMT) ratings are up from a C last week to a B. BSB Bancorp, Inc. operates as a bank holding company. The company, through its subsidiary, Belmont Savings Bank, provides banking products and services. The bank’s business consists primarily of accepting deposits from the general public and investing those deposits, together with funds generated fr… Wall Street seems to agree with the upgrade and has propelled the stock up 5.6% over the past month. For more information, get Portfolio Grader’s complete analysis of BLMT stock.

This week, BNC Bancorp (NASDAQ:BNCN) pushes up from a C to a B rating. BNC Bancorp offers products and services to individuals and small- to medium-sized local businesses. Investors have pushed the stock price up 7.3% over the past month. For more information, get Portfolio Grader’s complete analysis of BNCN stock.

First BanCorp (NYSE:FBP) earns a B this week, jumping up from last week’s grade of C. First BanCorp is the holding company for FirstBank Puerto Rico. Wall Street has pushed the stock higher by 16.6% over the past month. The stock currently has a trailing PE Ratio of 0.80. For more information, get Portfolio Grader’s complete analysis of FBP 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, https://investorplace.com/2013/01/8-commercial-banking-stocks-to-buy-now-bmo-cnbka-ubsh/.

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