by Portfolio Grader | October 16, 2013 11:30 am
The grades of 21 Commercial Banking stocks are better this week, according to the Portfolio Grader[1] database. Every one of these stocks has an “A” (“strong buy”) or “B” overall (“buy”) rating.
Pinnacle Financial Partners, Inc. (NASDAQ:PNFP[2]) is bettering its rating of C (“hold”) from last week 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. The stock price has risen 8.3% 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, 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]) shows solid improvement this week. The company’s rating rises 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[9].
Wells Fargo & Company (NYSE:WFC[10]) earns a B this week, jumping up from last week’s grade of C. 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]) improves from a C to a B rating this week. PacWest Bancorp is the holding company for Pacific Western Bank. Wall Street seems to agree with the upgrade and has propelled the stock up 8.7% over the past month. For more information, get Portfolio Grader’s complete analysis of PACW stock[13].
This is a strong week for U.S. Bancorp (NYSE:USB[14]). The company’s rating climbs to B from the previous week’s C. U.S. Bancorp provides banking and financial services. For more information, get Portfolio Grader’s complete analysis of USB stock[15].
Huntington Bancshares Incorporated (NASDAQ:HBAN[16]) 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[17].
Independent Bank Corp. (NASDAQ:INDB[18]) boosts its rating from a C to a B this week. Independent Bank is the holding company for Rockland Trust. For more information, get Portfolio Grader’s complete analysis of INDB stock[19].
The rating of First Financial Bankshares, Inc. (NASDAQ:FFIN[20]) moves up this week, rising 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].
Pacific Continental Corporation (NASDAQ:PCBK[22]) gets a higher grade this week, advancing from a B last week 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[23].
This week, First Community Bancshares, Inc. (NASDAQ:FCBC[24]) pushes up from a C to a B rating. First Community Bancshares is the holding company for First Community Bank. Wall Street has pushed the stock higher by 7.9% over the past month. For more information, get Portfolio Grader’s complete analysis of FCBC stock[25].
This week, Bryn Mawr Bank Corporation’s (NASDAQ:BMTC[26]) ratings are up from a C last week 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[27].
The rating of Banco de Chile Sponsored ADR (NYSE:BCH[28]) moves up this week, rising from a C to a B. 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].
This is a strong week for BOK Financial Corporation (NASDAQ:BOKF[30]). The company’s rating climbs to B from the previous week’s 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].
Glacier Bancorp, Inc. (NASDAQ:GBCI[32]) 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. Investors seem to agree with the upgraded status of the stock, and have pushed the stock up 6.5% over the past month. For more information, get Portfolio Grader’s complete analysis of GBCI stock[33].
Washington Trust Bancorp, Inc.’s (NASDAQ:WASH[34]) ratings are looking better this week, moving up to a B from last week’s C. Washington Trust offers a range of financial services to individuals and businesses, including wealth management. Investors have pushed the stock price up 7.2% over the past month. For more information, get Portfolio Grader’s complete analysis of WASH stock[35].
First Connecticut Bancorp, Inc. (NASDAQ:FBNK[36]) 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. Wall Street seems to agree with the upgrade and has propelled the stock up 7.5% over the past month. 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. For more information, get Portfolio Grader’s complete analysis of SCBT stock[39].
This week, Canadian Imperial Bank of Commerce (NYSE:CM[40]) pushes up from a C to a B rating. 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 3.6%. For more information, get Portfolio Grader’s complete analysis of CM stock[41].
The Bank of Nova Scotia (NYSE:BNS[42]) 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 2.4%. 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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