by Portfolio Grader | September 4, 2013 11:30 am
This week, 23 Commercial Banking stocks are improving their overall rating on Portfolio Grader[1]. Each of these rates an “A” (“strong buy”) or “B” overall (“buy”).
Customers Bancorp, Inc. (NASDAQ:CUBI[2]) is bumping up its rating from a C (“hold”) to a B (“buy”) this week. In Portfolio Grader’s specific subcategories of Cash Flow and Margin Growth, CUBI also gets A’s. For more information, get Portfolio Grader’s complete analysis of CUBI stock[3].
Pinnacle Financial Partners, Inc. (NASDAQ:PNFP[4]) boosts its rating from a C to a B this week. Pinnacle Financial Partners is a holding company for Pinnacle National Bank. For more information, get Portfolio Grader’s complete analysis of PNFP stock[5].
This week, Taylor Capital Group, Inc. (NASDAQ:TAYC[6]) is making solid headway. The company’s rating improves to an A (“strong buy”) from last week’s B (“buy”) rating. Taylor Capital Group is a bank holding company for Cole Taylor Bank. For more information, get Portfolio Grader’s complete analysis of TAYC stock[7].
BSB Bancorp, Inc. (NASDAQ:BLMT[8]) shows solid improvement this week. The company’s rating rises from a C to a B. BSB Bancorp operates as a bank holding company. For more information, get Portfolio Grader’s complete analysis of BLMT stock[9].
BNC Bancorp’s (NASDAQ:BNCN[10]) ratings are looking better this week, moving up to a B from last week’s 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].
The rating of Wells Fargo & Company (NYSE:WFC[12]) moves up this week, rising 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. For more information, get Portfolio Grader’s complete analysis of WFC stock[13].
PacWest Bancorp (NASDAQ:PACW[14]) 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[15].
U.S. Bancorp (NYSE:USB[16]) 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[17].
Huntington Bancshares Incorporated (NASDAQ:HBAN[18]) is seeing ratings go up from a C last week to a B this week. Huntington Bancshares is a multi-state bank holding company. For more information, get Portfolio Grader’s complete analysis of HBAN stock[19].
This is a strong week for Independent Bank Corp. (NASDAQ:INDB[20]). The company’s rating climbs to B from the previous week’s C. Independent Bank is the holding company for Rockland Trust. For more information, get Portfolio Grader’s complete analysis of INDB stock[21].
This week, First Financial Bankshares, Inc. (NASDAQ:FFIN[22]) pushes up from a C to a B rating. First Financial Bankshares is a multi-bank holding company. For more information, get Portfolio Grader’s complete analysis of FFIN stock[23].
The rating of Pacific Continental Corporation (NASDAQ:PCBK[24]) moves up this week, rising from a B to an A. 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].
First Community Bancshares, Inc. (NASDAQ:FCBC[26]) 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[27].
Bryn Mawr Bank Corporation’s (NASDAQ:BMTC[28]) 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. For more information, get Portfolio Grader’s complete analysis of BMTC stock[29].
This week, Banco de Chile Sponsored ADR’s (NYSE:BCH[30]) 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 current dividend yield is 3.3%. For more information, get Portfolio Grader’s complete analysis of BCH stock[31].
BOK Financial Corporation (NASDAQ:BOKF[32]) is seeing ratings go up from a C last week to a B 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[33].
Glacier Bancorp, Inc. (NASDAQ:GBCI[34]) gets a higher grade this week, advancing 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. For more information, get Portfolio Grader’s complete analysis of GBCI stock[35].
Washington Trust Bancorp, Inc. (NASDAQ:WASH[36]) earns a B this week, jumping up from last week’s grade of 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[37].
First Connecticut Bancorp, Inc. (NASDAQ:FBNK[38]) shows solid improvement this week. The company’s rating rises from a C 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].
First Financial Holdings, Inc. (NASDAQ:SCBT[40]) 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. For more information, get Portfolio Grader’s complete analysis of SCBT stock[41].
This is a strong week for Canadian Imperial Bank of Commerce (NYSE:CM[42]). 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[43].
The 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 stock has a dividend yield of 2.4%. For more information, get Portfolio Grader’s complete analysis of BNS stock[45].
The rating of Monarch Financial Holdings, Inc. (NASDAQ:MNRK[46]) moves up this week, rising from a B to an A. Monarch Financial is a holding company that, through subsidiary Monarch Bank, is engaged in business and consumer banking, investment and insurance sales, and mortgage origination and brokerage. Shares of MNRK have increased 9.9% 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 MNRK stock[47].
Louis Navellier’s proprietary Portfolio Grader[48] 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[49].
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