by Portfolio Grader | September 11, 2013 11:00 am
The grades of 21 Commercial Banking stocks are on the rise this week on Portfolio Grader[1]. Each of these stocks is rated an “A” (“strong buy”) or “B” overall (“buy”).
Pinnacle Financial Partners, Inc. (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].
This week, Taylor Capital Group, Inc. (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. For more information, get Portfolio Grader’s complete analysis of TAYC stock[5].
BSB Bancorp, Inc.’s (NASDAQ:BLMT[6]) ratings are looking better this week, moving up to a B from last week’s C. 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]) is seeing ratings go up from a C last week to a B this week. 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[9].
Wells Fargo & Company (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. For more information, get Portfolio Grader’s complete analysis of WFC stock[11].
PacWest Bancorp (NASDAQ:PACW[12]) is seeing ratings go up from a C last week 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[13].
U.S. Bancorp (NYSE:USB[14]) gets a higher grade this week, advancing from a C last week to a B. U.S. Bancorp provides banking and financial services. For more information, get Portfolio Grader’s complete analysis of USB stock[15].
This week, Huntington Bancshares Incorporated’s (NASDAQ:HBAN[16]) 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[17].
Independent Bank Corp. (NASDAQ:INDB[18]) improves from a C to a B rating this week. 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, Inc. (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].
This is a strong week for Pacific Continental Corporation (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. For more information, get Portfolio Grader’s complete analysis of PCBK stock[23].
The rating of First Community Bancshares, Inc. (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. Shares of the stock have been trading at an exceptionally rapid pace, up twofold from the week prior. For more information, get Portfolio Grader’s complete analysis of FCBC stock[25].
Bryn Mawr Bank Corporation’s (NASDAQ:BMTC[26]) ratings are looking better this week, moving up to a B from last week’s C. Bryn Mawr Bank offers a full range of personal and business banking services. Shares of the stock have been changing hands at an unusually rapid pace, twice the rate of the week prior. For more information, get Portfolio Grader’s complete analysis of BMTC stock[27].
This week, Banco de Chile Sponsored ADR (NYSE:BCH[28]) pushes up from a C to a B rating. NonactiveBanco de Chile provides a wide customer base of individuals and corporations with general banking services. The stock price has increased 8.7% over the past week. 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 Corporation (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 is a strong week for Glacier Bancorp, Inc. (NASDAQ:GBCI[32]). 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[33].
This week, Washington Trust Bancorp, Inc.’s (NASDAQ:WASH[34]) 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[35].
First Connecticut Bancorp, Inc. (NASDAQ:FBNK[36]) 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. Shares of the stock have been trading at an exceptionally rapid pace, up twofold from the week prior. For more information, get Portfolio Grader’s complete analysis of FBNK stock[37].
First Financial Holdings, Inc. (NASDAQ:SCBT[38]) improves from a B to an A rating 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. The stock has pushed up 3.3% over the past week. For more information, get Portfolio Grader’s complete analysis of SCBT stock[39].
Canadian Imperial Bank of Commerce (NYSE:CM[40]) shows solid improvement this week. The company’s rating rises from a C to a B. Canadian Imperial Bank of Commerce is a global financial institution that serves clients through CIBC retail markets and wholesale banking. At $79.23, the stock is above the 50-day moving average of $75.10. The stock’s dividend yield is 3.6%. For more information, get Portfolio Grader’s complete analysis of CM stock[41].
The 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 has moved up a slight 4.2% over the past week. 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[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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