4 Commercial Banking Stocks to Buy Now

by Portfolio Grader | February 20, 2013 4:00 pm

This week, four Commercial Banking stocks are improving their overall ratings on Portfolio Grader[1]. Each of these stocks is rated an “A” (“strong buy”) or “B” overall (“buy”).

First Interstate Bancsystem Inc. Cl A (NASDAQ:FIBK[2]) ups its rating to a B (“buy”) this week after earning a C (“hold”) in the week before. First Interstate BancSystem is the holding company of First Interstate Bank. In Portfolio Grader’s specific subcategories of Earnings Revisions and Margin Growth, FIBK also gets A’s. For more information, get Portfolio Grader’s complete analysis of FIBK stock[3].

First BanCorp (NYSE:FBP[4]) earns a B this week, jumping up from last week’s grade of C. First BanCorp is the holding company for FirstBank Puerto Rico. Shares of FBP have increased 13.5% over the past month, better than the 3% increase the S&P 500 has seen over the same period of time. For more information, get Portfolio Grader’s complete analysis of FBP stock[5].

Renasant Corp. (NASDAQ:RNST[6]) boosts its rating from a C to a B this week. Renasant is a bank holding company that offers retail and commercial customers financial and insurance services. For more information, get Portfolio Grader’s complete analysis of RNST stock[7].

This week, StellarOne (NASDAQ:STEL[8]) pushes up from a C to a B rating. StellarOne engages in retail, small business, commercial and mortgage banking, consumer lending and wealth management services. For more information, get Portfolio Grader’s complete analysis of STEL stock[9].

Louis Navellier’s proprietary Portfolio Grader[10] 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[11].

Source URL: https://investorplace.com/2013/02/4-commercial-banking-stocks-to-buy-now-fibk-fbp-rnst/

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