by Portfolio Grader | July 17, 2013 10:58 am
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. The stock price has risen 9.1% over the past month, better than the 1.3% decrease the Nasdaq has seen over the same period of time. 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. Investors have pushed the stock price up 16.5% over the past month. For more information, get Portfolio Grader’s complete analysis of TAYC stock[5].
BSB Bancorp Inc (NASDAQ:BLMT[6]) is seeing ratings go up from a C last week to a B this week. BSB Bancorp operates as a bank holding company. 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. Investors seem to agree with the upgraded status of the stock, and have pushed the stock up 31.4% over the past month. For more information, get Portfolio Grader’s complete analysis of BNCN stock[9].
Wells Fargo (NYSE:WFC[10]) boosts its rating from a C to a B this week. 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[11].
This week, PacWest Bancorp’s (NASDAQ:PACW[12]) ratings are up from a C last week to a B. PacWest Bancorp is the holding company for Pacific Western Bank. Wall Street seems to agree with the upgrade and has propelled the stock up 12.3% over the past month. For more information, get Portfolio Grader’s complete analysis of PACW stock[13].
The rating of U.S. Bancorp (NYSE:USB[14]) moves up this week, rising from a C to a B. U.S. Bancorp provides banking and financial services. Wall Street has pushed the stock higher by 6.1% over the past month. For more information, get Portfolio Grader’s complete analysis of USB stock[15].
This week, Huntington Bancshares (NASDAQ:HBAN[16]) pushes up from a C to a B rating. Huntington Bancshares is a multi-state bank holding company. Investors have pushed the stock price up 9.8% over the past month. For more information, get Portfolio Grader’s complete analysis of HBAN stock[17].
This is a strong week for Independent Bank Corp. (NASDAQ:INDB[18]). The company’s rating climbs to B from the previous week’s C. Independent Bank is the holding company for Rockland Trust. Wall Street seems to agree with the upgrade and has propelled the stock up 10.4% over the past month. For more information, get Portfolio Grader’s complete analysis of INDB stock[19].
First Financial Bankshares (NASDAQ:FFIN[20]) improves from a C to a B rating this week. First Financial Bankshares is a multi-bank holding company. Investors seem to agree with the upgraded status of the stock, and have pushed the stock up 10.3% over the past month. For more information, get Portfolio Grader’s complete analysis of FFIN stock[21].
This is a strong week for Pacific Continental Corp. (NASDAQ:PCBK[22]). 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. Investors have pushed the stock price up 20.6% over the past month. For more information, get Portfolio Grader’s complete analysis of PCBK stock[23].
The rating of First Community Bancshares (NASDAQ:FCBC[24]) moves up this week, rising from a C to a B. First Community Bancshares is the holding company for First Community Bank. Wall Street seems to agree with the upgrade and has propelled the stock up 7.3% over the past month. 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. Wall Street has pushed the stock higher by 10.9% over the past month. For more information, get Portfolio Grader’s complete analysis of BMTC stock[27].
Banco de Chile (NYSE:BCH[28]) earns a B this week, jumping up from last week’s grade of C. NonactiveBanco de Chile provides a wide customer base of individuals and corporations with general banking services. At present, the stock has a dividend yield of 3.3%. For more information, get Portfolio Grader’s complete analysis of BCH stock[29].
BOK Financial (NASDAQ:BOKF[30]) 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. Investors seem to agree with the upgraded status of the stock, and have pushed the stock up 5.2% over the past month. For more information, get Portfolio Grader’s complete analysis of BOKF stock[31].
This week, Glacier Bancorp’s (NASDAQ:GBCI[32]) ratings are up from a C last week to a B. Glacier Bancorp is a regional multi-bank holding company providing commercial financial services to individuals and corporations. Wall Street has pushed the stock higher by 11.9% over the past month. For more information, get Portfolio Grader’s complete analysis of GBCI stock[33].
Washington Trust Bancorp (NASDAQ:WASH[34]) 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. Wall Street seems to agree with the upgrade and has propelled the stock up 11.3% over the past month. For more information, get Portfolio Grader’s complete analysis of WASH stock[35].
This week, First Connecticut Bancorp Inc. (NASDAQ:FBNK[36]) pushes up from a C to a B rating. 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 9.5% over the past month. For more information, get Portfolio Grader’s complete analysis of FBNK stock[37].
SCBT Financial (NASDAQ:SCBT[38]) 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. Investors seem to agree with the upgraded status of the stock, and have pushed the stock up 16.1% over the past month. For more information, get Portfolio Grader’s complete analysis of SCBT stock[39].
Canadian Imperial Bank of Commerce’s (NYSE:CM[40]) 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 stock has a dividend yield of 3.7%. For more information, get Portfolio Grader’s complete analysis of CM stock[41].
Bank of Nova Scotia (NYSE:BNS[42]) is seeing ratings go up from a C last week to a B this week. 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[43].
Louis Navellier’s proprietary Portfolio Grader[44] 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[45].
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