This week, 21 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”).
This week, SCBT Financial (NASDAQ:SCBT) is making solid headway. The company’s rating improves to an A (“strong buy”) from last week’s B (“buy”) rating. South Carolina Bank and Trust is a bank holding company that provides retail and commercial banking, mortgage lending, consumer finance loans, and trust and investment services. In Portfolio Grader’s specific subcategory of Margin Growth, SCBT also gets an A. Shares of SCBT have increased 13.3% over the past month, better than the 3% increase the Nasdaq has seen over the same period of time. For more information, get Portfolio Grader’s complete analysis of SCBT stock.
Banco de Chile (NYSE:BCH) is bumping up its rating from a C (“hold”) to a B (“buy”) this week. NonactiveBanco de Chile provides a wide customer base of individuals and corporations with general banking services. The stock has a dividend yield of 2.9%. For more information, get Portfolio Grader’s complete analysis of BCH stock.
Bank of Nova Scotia (NYSE:BNS) boosts its rating from a C to a B this week. Bank of Nova Scotia offers various personal, commercial, corporate, and investment banking services in Canada and internationally. At present, the stock has a dividend yield of 2.3%. For more information, get Portfolio Grader’s complete analysis of BNS stock.
The rating of First Connecticut Bancorp Inc. (NASDAQ:FBNK) moves up this week, rising from a C to a B. First Connecticut Bancorp operates as the holding company for Farmington Bank that provides consumer and commercial banking services to businesses, individuals, and governments in central Connecticut. Investors have pushed the stock price up 5.5% over the past month. For more information, get Portfolio Grader’s complete analysis of FBNK stock.
Canadian Imperial Bank of Commerce’s (NYSE:CM) ratings are looking better this week, moving up to a B from last week’s C. Canadian Imperial Bank of Commerce is a global financial institution that serves clients through CIBC retail markets and wholesale banking. The current dividend yield is 3.6%. For more information, get Portfolio Grader’s complete analysis of CM stock.
This week, BOK Financial’s (NASDAQ:BOKF) ratings are up from a C last week to a B. BOK Financial provides a range of financial services to commercial and industrial customers, other financial institutions, and consumers in the United States. For more information, get Portfolio Grader’s complete analysis of BOKF stock.
This is a strong week for Glacier Bancorp (NASDAQ:GBCI). The company’s rating climbs to B from the previous week’s C. Glacier Bancorp is a regional multi-bank holding company providing commercial financial services to individuals and corporations. Wall Street seems to agree with the upgrade and has propelled the stock up 10.1% over the past month. For more information, get Portfolio Grader’s complete analysis of GBCI stock.
Washington Trust Bancorp (NASDAQ:WASH) gets a higher grade this week, advancing from a C last week to a B. Washington Trust offers a range of financial services to individuals and businesses, including wealth management. For more information, get Portfolio Grader’s complete analysis of WASH stock.
Pinnacle Financial Partners (NASDAQ:PNFP) shows solid improvement this week. The company’s rating rises from a C to a B. Pinnacle Financial Partners is a holding company for Pinnacle National Bank. For more information, get Portfolio Grader’s complete analysis of PNFP stock.
Taylor Capital Group (NASDAQ:TAYC) earns an A this week, jumping up from last week’s grade of B. Taylor Capital Group is a bank holding company for Cole Taylor Bank. The stock’s trailing PE Ratio is 9.20. For more information, get Portfolio Grader’s complete analysis of TAYC stock.
BSB Bancorp Inc (NASDAQ:BLMT) is seeing ratings go up from a C last week to a B this week. 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.
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. For more information, get Portfolio Grader’s complete analysis of BNCN stock.
Wells Fargo (NYSE:WFC) improves from a C to a B rating this week. Wells Fargo provides financial services in mainly wholesale banking, mortgage banking, consumer finance, equipment leasing, agricultural finance and commercial finance. For more information, get Portfolio Grader’s complete analysis of WFC stock.
PacWest Bancorp (NASDAQ:PACW) boosts its rating from a C to a B this week. PacWest Bancorp is the holding company for Pacific Western Bank. For more information, get Portfolio Grader’s complete analysis of PACW stock.
U.S. Bancorp’s (NYSE:USB) ratings are looking better this week, moving up to a B from last week’s C. U.S. Bancorp provides banking and financial services. For more information, get Portfolio Grader’s complete analysis of USB stock.
The rating of Huntington Bancshares (NASDAQ:HBAN) moves up this week, rising from a C to a B. Huntington Bancshares is a multi-state bank holding company. The stock has a trailing PE Ratio of 9.40. For more information, get Portfolio Grader’s complete analysis of HBAN stock.
This week, Independent Bank Corp.’s (NASDAQ:INDB) ratings are up from a C last week to a B. Independent Bank is the holding company for Rockland Trust. For more information, get Portfolio Grader’s complete analysis of INDB stock.
First Financial Bankshares (NASDAQ:FFIN) shows solid improvement this week. The company’s rating rises from a C to a B. First Financial Bankshares is a multi-bank holding company. Wall Street has pushed the stock higher by 7% over the past month. For more information, get Portfolio Grader’s complete analysis of FFIN stock.
This is a strong week for Pacific Continental Corp. (NASDAQ:PCBK). The company’s rating climbs to A from the previous week’s B. Pacific Continental Bank is a bank holding company that provides commercial banking, financing, and mortgage lending in parts of Washington state and Oregon. For more information, get Portfolio Grader’s complete analysis of PCBK stock.
First Community Bancshares (NASDAQ:FCBC) earns a B this week, jumping up from last week’s grade of C. First Community Bancshares is the holding company for First Community Bank. For more information, get Portfolio Grader’s complete analysis of FCBC stock.
Bryn Mawr Bank (NASDAQ:BMTC) improves from a C to a B rating this week. Bryn Mawr Bank offers a full range of personal and business banking services. For more information, get Portfolio Grader’s complete analysis of BMTC 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.
