by Portfolio Grader | June 5, 2013 10:05 am
This week, 22 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”).
This week, Pinnacle Financial Partners (NASDAQ:PNFP[2]) is showing significant improvement as the company’s rating hops from a C (“hold”) to a B (“buy”). 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].
This week, Taylor Capital Group (NASDAQ:TAYC[4]) is showing good progress as the company’s rating jumps from a B (“buy”) last week to an A (“strong buy”). Taylor Capital Group is a bank holding company for Cole Taylor Bank. Shares of TAYC have increased 11.1% over the past month, better than the 1.5% increase the Nasdaq has seen over the same period of time. For more information, get Portfolio Grader’s complete analysis of TAYC stock[5].
This week, BSB Bancorp Inc (NASDAQ:BLMT[6]) pushes up from a C to a B rating. BSB Bancorp operates as a bank holding company. For more information, get Portfolio Grader’s complete analysis of BLMT stock[7].
The rating of First Business Financial Services (NASDAQ:FBIZ[8]) moves up this week, rising from a B to an A. First Business Financial Services is a bank holding company involved in the commercial banking business through offices located in Wisconsin. For more information, get Portfolio Grader’s complete analysis of FBIZ stock[9].
BNC Bancorp (NASDAQ:BNCN[10]) 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. For more information, get Portfolio Grader’s complete analysis of BNCN stock[11].
Wells Fargo (NYSE:WFC[12]) shows solid improvement this week. The company’s rating rises from a C to a B. Wells Fargo provides financial services in mainly wholesale banking, mortgage banking, consumer finance, equipment leasing, agricultural finance and commercial finance. Wall Street has pushed the stock higher by 6.1% over the past month. For more information, get Portfolio Grader’s complete analysis of WFC stock[13].
PacWest Bancorp (NASDAQ:PACW[14]) gets a higher grade this week, advancing from a C last week to a B. PacWest Bancorp is the holding company for Pacific Western Bank. For more information, get Portfolio Grader’s complete analysis of PACW stock[15].
U.S. Bancorp (NYSE:USB[16]) is seeing ratings go up from a C last week to a B this week. U.S. Bancorp provides banking and financial services. Investors seem to agree with the upgraded status of the stock, and have pushed the stock up 6.4% over the past month. For more information, get Portfolio Grader’s complete analysis of USB stock[17].
Huntington Bancshares’ (NASDAQ:HBAN[18]) ratings are looking better this week, moving up to a B from last week’s C. Huntington Bancshares is a multi-state bank holding company. For more information, get Portfolio Grader’s complete analysis of HBAN stock[19].
Independent Bank Corp. (NASDAQ:INDB[20]) boosts its rating from a C to a B this week. Independent Bank is the holding company for Rockland Trust. Wall Street seems to agree with the upgrade and has propelled the stock up 5.6% over the past month. For more information, get Portfolio Grader’s complete analysis of INDB stock[21].
This week, First Financial Bankshares’ (NASDAQ:FFIN[22]) ratings are up from a C last week to a B. First Financial Bankshares is a multi-bank holding company. Investors have pushed the stock price up 7.4% over the past month. For more information, get Portfolio Grader’s complete analysis of FFIN stock[23].
Pacific Continental Corp.’s (NASDAQ:PCBK[24]) 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[25].
This week, First Community Bancshares (NASDAQ:FCBC[26]) pushes up from a C to a B rating. First Community Bancshares is the holding company for First Community Bank. For more information, get Portfolio Grader’s complete analysis of FCBC stock[27].
The rating of Bryn Mawr Bank (NASDAQ:BMTC[28]) moves up this week, rising 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[29].
Banco de Chile (NYSE:BCH[30]) is seeing ratings go up from a C last week to a B 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 3.4%. For more information, get Portfolio Grader’s complete analysis of BCH stock[31].
BOK Financial (NASDAQ:BOKF[32]) 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[33].
This is a strong week for Glacier Bancorp (NASDAQ:GBCI[34]). 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. For more information, get Portfolio Grader’s complete analysis of GBCI stock[35].
This week, Washington Trust Bancorp’s (NASDAQ:WASH[36]) ratings are up 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[37].
First Connecticut Bancorp Inc. (NASDAQ:FBNK[38]) gets a higher grade this week, advancing from a C last week 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. For more information, get Portfolio Grader’s complete analysis of FBNK stock[39].
SCBT Financial (NASDAQ:SCBT[40]) shows solid improvement this week. The company’s rating rises from a B 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[41].
Canadian Imperial Bank of Commerce (NYSE:CM[42]) improves from a C to a B rating this week. Canadian Imperial Bank of Commerce is a global financial institution that serves clients through CIBC retail markets and wholesale banking. The stock’s dividend yield is 3.7%. For more information, get Portfolio Grader’s complete analysis of CM stock[43].
Bank of Nova Scotia (NYSE:BNS[44]) 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. The current dividend yield is 2.3%. For more information, get Portfolio Grader’s complete analysis of BNS stock[45].
Louis Navellier’s proprietary Portfolio Grader[46] 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[47].
Source URL: https://investorplace.com/2013/06/22-commercial-banking-stocks-to-buy-now-pnfp-tayc-blmt-2/
Copyright ©2024 InvestorPlace unless otherwise noted.