21 Commercial Banking Stocks to Buy Now

PNFP, TAYC, BLMT, BNCN, WFC, PACW, USB, HBAN, INDB, FFIN, PCBK, FCBC, BMTC, BCH, BOKF, GBCI, WASH, FBNK, SCBT, CM, BNS improve in weekly rankings

   
21 Commercial Banking Stocks to Buy Now

21 Commercial Banking stocks are moving up in their overall rating this week, according to the Portfolio Grader database. Every one of these is graded an “A” (“strong buy”) or “B” overall (“buy”).

Pinnacle Financial Partners (NASDAQ:PNFP) is bumping up its rating from a C (“hold”) to a B (“buy”) 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.

Taylor Capital Group (NASDAQ:TAYC) 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. For more information, get Portfolio Grader’s complete analysis of TAYC stock.

BSB Bancorp Inc (NASDAQ:BLMT) improves from a C to a B rating this week. BSB Bancorp operates as a bank holding company. For more information, get Portfolio Grader’s complete analysis of BLMT stock.

The rating of BNC Bancorp (NASDAQ:BNCN) moves up this week, rising from a C to a B. 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.

This is a strong week for Wells Fargo (NYSE:WFC). The company’s rating climbs to B from the previous week’s C. Wells Fargo provides financial services in mainly wholesale banking, mortgage banking, consumer finance, equipment leasing, agricultural finance and commercial finance. Shares of WFC have increased 6.5% over the past month, better than the 0.6% increase the S&P 500 has seen over the same period of time. For more information, get Portfolio Grader’s complete analysis of WFC stock.

PacWest Bancorp (NASDAQ:PACW) earns a B this week, jumping up from last week’s grade of C. PacWest Bancorp is the holding company for Pacific Western Bank. For more information, get Portfolio Grader’s complete analysis of PACW stock.

This week, U.S. Bancorp (NYSE:USB) 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.

This week, Huntington Bancshares’ (NASDAQ:HBAN) ratings are up from a C last week to a B. Huntington Bancshares is a multi-state bank holding company. For more information, get Portfolio Grader’s complete analysis of HBAN stock.

Independent Bank Corp. (NASDAQ:INDB) gets a higher grade this week, advancing 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) is seeing ratings go up from a C last week to a B this week. First Financial Bankshares is a multi-bank holding company. For more information, get Portfolio Grader’s complete analysis of FFIN stock.

Pacific Continental Corp.’s (NASDAQ:PCBK) ratings are looking better this week, moving up to an A from last 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) boosts its rating from a C to a B this week. 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) shows solid improvement this week. The company’s rating rises from a C to a B. 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.

This week, Banco de Chile’s (NYSE:BCH) ratings are up from a C last week 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%. For more information, get Portfolio Grader’s complete analysis of BCH stock.

BOK Financial (NASDAQ:BOKF) improves from a C to a B rating this week. 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.

The rating of Glacier Bancorp (NASDAQ:GBCI) moves up this week, rising from a C to a B. 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.

Washington Trust Bancorp (NASDAQ:WASH) shows solid improvement this week. The company’s rating rises from a C 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.

First Connecticut Bancorp Inc.’s (NASDAQ:FBNK) ratings are looking better this week, moving up to a B from last week’s C. 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.

SCBT Financial (NASDAQ:SCBT) is seeing ratings go up from a B last week to an A this week. 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.

Canadian Imperial Bank of Commerce (NYSE:CM) boosts its rating from a C to a B this week. 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 3.7%. For more information, get Portfolio Grader’s complete analysis of CM stock.

This week, Bank of Nova Scotia (NYSE:BNS) pushes up from a C to a B rating. Bank of Nova Scotia offers various personal, commercial, corporate, and investment banking services in Canada and internationally. The stock’s dividend yield is 2.3%. For more information, get Portfolio Grader’s complete analysis of BNS 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, http://investorplace.com/2013/06/21-commercial-banking-stocks-to-buy-now-pnfp-tayc-blmt-8/.

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