by Portfolio Grader | February 6, 2013 9:00 am
The grades of eight Commercial Banking stocks are on the rise this week on Portfolio Grader[1]. Each of these stocks is rated an “A” (“strong buy”) or “B” overall (“buy”).
Park Sterling’s (NASDAQ:PSTB[2]) grade is moving up to a B (“buy”) this week from last week’s C (“hold”). Park Sterling Bank accepts deposits and offers commercial banking services. In Portfolio Grader’s specific subcategories of Earnings Revisions and Sales Growth, PSTB also gets A’s. For more information, get Portfolio Grader’s complete analysis of PSTB stock[3].
Berkshire Bancorp (NASDAQ:BERK[4]) is seeing ratings go up from a C last week to a B this week. Berkshire Bancorp provides community banking services to businesses, professionals, and retail customers primarily in New York City metropolitan area and the Villages of Goshen and Harriman. For more information, get Portfolio Grader’s complete analysis of BERK stock[5].
Century Bancorp (NASDAQ:CNBKA[6]) shows solid improvement this week. The company’s rating rises from a C to a B. Century Bancorp offers business, personal, and institutional services. The stock’s trailing PE Ratio is 9.70. For more information, get Portfolio Grader’s complete analysis of CNBKA stock[7].
This week, Macatawa Bank (NASDAQ:MCBC[8]) is making solid headway. The company’s rating improves to an A (“strong buy”) from last week’s B (“buy”) rating. Macatawa Bank offers a full range of commercial and personal banking services, including checking and savings accounts, safe deposit boxes, traveler checks, money orders, and loan products. The stock price has risen 33.4% over the past month, better than the 2.3% increase the Nasdaq has seen over the same period of time. The stock has a trailing PE Ratio of 8.20. For more information, get Portfolio Grader’s complete analysis of MCBC stock[9].
First Interstate Bancsystem Inc. Cl A (NASDAQ:FIBK[10]) boosts its rating from a C to a B this week. First Interstate BancSystem is the holding company of First Interstate Bank. Investors seem to agree with the upgraded status of the stock, and have pushed the stock up 11.2% over the past month. For more information, get Portfolio Grader’s complete analysis of FIBK stock[11].
Taylor Capital Group (NASDAQ:TAYC[12]) improves from a B to an A rating this week. Taylor Capital Group is a bank holding company for Cole Taylor Bank. The stock currently has a trailing PE Ratio of 9.70. For more information, get Portfolio Grader’s complete analysis of TAYC stock[13].
BSB Bancorp Inc (NASDAQ:BLMT[14]) gets a higher grade this week, advancing 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… For more information, get Portfolio Grader’s complete analysis of BLMT stock[15].
This week, Renasant Corp.’s (NASDAQ:RNST[16]) ratings are up from a C last week to a B. 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[17].
Louis Navellier’s proprietary Portfolio Grader[18] 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[19].
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