by Portfolio Grader | April 10, 2013 2:00 pm
This week, 21 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”).
Pinnacle Financial Partners (NASDAQ:PNFP[2]) is making progress this week as its rating of C (“hold”) from last week increases to a B (“buy”) rating this week. Pinnacle Financial Partners is a holding company for Pinnacle National Bank. In Portfolio Grader’s specific subcategory of Earnings Revisions, PNFP also gets an A. For more information, get Portfolio Grader’s complete analysis of PNFP stock[3].
Taylor Capital Group (NASDAQ:TAYC[4]) is progressing from last week’s rating of B (“buy”) as the company improves to an A (“strong buy”) this week. Taylor Capital Group is a bank holding company for Cole Taylor Bank. The stock has a trailing PE Ratio of 8.90. For more information, get Portfolio Grader’s complete analysis of TAYC stock[5].
BSB Bancorp Inc (NASDAQ:BLMT[6]) 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[7].
BNC Bancorp (NASDAQ:BNCN[8]) earns a B this week, jumping up from last week’s grade of C. BNC Bancorp offers products and services to individuals and small- to medium-sized local businesses. Shares of BNCN have increased 5% over the past month, better than the 0.5% the Nasdaq has seen over the same period of time. For more information, get Portfolio Grader’s complete analysis of BNCN stock[9].
Wells Fargo’s (NYSE:WFC[10]) ratings are looking better this week, moving up to a B from last week’s C. 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[11].
This is a strong week for PacWest Bancorp (NASDAQ:PACW[12]). The company’s rating climbs to B from the previous week’s C. PacWest Bancorp is the holding company for Pacific Western Bank. For more information, get Portfolio Grader’s complete analysis of PACW stock[13].
This week, U.S. Bancorp (NYSE:USB[14]) pushes up from a C to a B rating. U.S. Bancorp provides banking and financial services. For more information, get Portfolio Grader’s complete analysis of USB stock[15].
Huntington Bancshares (NASDAQ:HBAN[16]) improves from a C to a B rating this week. Huntington Bancshares is a multi-state bank holding company. For more information, get Portfolio Grader’s complete analysis of HBAN stock[17].
The rating of Independent Bank Corp. (NASDAQ:INDB[18]) moves up this week, rising from a C to a B. Independent Bank is the holding company for Rockland Trust. For more information, get Portfolio Grader’s complete analysis of INDB stock[19].
First Financial Bankshares (NASDAQ:FFIN[20]) 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. For more information, get Portfolio Grader’s complete analysis of FFIN stock[21].
Pacific Continental Corp. (NASDAQ:PCBK[22]) is seeing ratings go up from a B last week to an A this week. 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[23].
This week, First Community Bancshares’ (NASDAQ:FCBC[24]) ratings are up from a C last week to a B. First Community Bancshares is the holding company for First Community Bank. For more information, get Portfolio Grader’s complete analysis of FCBC stock[25].
Bryn Mawr Bank (NASDAQ:BMTC[26]) boosts its rating from a C to a B 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[27].
The rating of Banco de Chile (NYSE:BCH[28]) moves up this week, rising from a C to a B. NonactiveBanco de Chile provides a wide customer base of individuals and corporations with general banking services. The stock has a dividend yield of 3.4%. The stock currently has a trailing PE Ratio of 0.00. For more information, get Portfolio Grader’s complete analysis of BCH stock[29].
BOK Financial (NASDAQ:BOKF[30]) earns a B this week, jumping up from last week’s grade of C. 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[31].
This week, Glacier Bancorp (NASDAQ:GBCI[32]) pushes up from a C to a B rating. Glacier Bancorp is a regional multi-bank holding company providing commercial financial services to individuals and corporations. For more information, get Portfolio Grader’s complete analysis of GBCI stock[33].
Washington Trust Bancorp’s (NASDAQ:WASH[34]) ratings are looking better this week, moving up to a B from last week’s C. 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[35].
First Connecticut Bancorp Inc. (NASDAQ:FBNK[36]) improves from a C to a B rating this week. 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. For more information, get Portfolio Grader’s complete analysis of FBNK stock[37].
SCBT Financial (NASDAQ:SCBT[38]) gets a higher grade this week, advancing from a B last week to an A. 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. For more information, get Portfolio Grader’s complete analysis of SCBT stock[39].
This is a strong week for Canadian Imperial Bank of Commerce (NYSE:CM[40]). The company’s rating climbs to B from the previous week’s C. Canadian Imperial Bank of Commerce is a global financial institution that serves clients through CIBC retail markets and wholesale banking. At present, the stock has a dividend yield of 3.6%. For more information, get Portfolio Grader’s complete analysis of CM stock[41].
Bank of Nova Scotia (NYSE:BNS[42]) shows solid improvement this week. The company’s rating rises from a C to a B. Bank of Nova Scotia offers various personal, commercial, corporate, and investment banking services in Canada and internationally. The stock has a dividend yield of 2.4%. For more information, get Portfolio Grader’s complete analysis of BNS stock[43].
Louis Navellier’s proprietary Portfolio Grader[1] 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[44].
Source URL: https://investorplace.com/2013/04/21-commercial-banking-stocks-to-buy-now-pnfp-tayc-blmt/
Copyright ©2024 InvestorPlace unless otherwise noted.