22 Commercial Banking Stocks to Buy Now

by Portfolio Grader | October 3, 2013 2:45 pm

22 Commercial Banking Stocks to Buy Now

This week, 22 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.’s (NASDAQ:CUBI[2]) grade is moving up to a B (“buy”) this week from last week’s C (“hold”). In Portfolio Grader’s specific subcategories of Cash Flow and Margin Growth, CUBI also gets A’s. Shares of the stock have been changing hands at an unusually rapid pace, three times the rate of the week prior. For more information, get Portfolio Grader’s complete analysis of CUBI stock[3].

This is a strong week for Pinnacle Financial Partners, Inc. (NASDAQ:PNFP[4]). The company’s rating climbs to B from the previous week’s C. Pinnacle Financial Partners is a holding company for Pinnacle National Bank. The stock price has risen 6% 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[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. With a price of $22.44, it is above the 50-day moving average of $21.97. For more information, get Portfolio Grader’s complete analysis of TAYC stock[7].

BSB Bancorp, Inc. (NASDAQ:BLMT[8]) boosts its rating from a C to a B this week. BSB Bancorp operates as a bank holding company. Even though the stock was upgraded, it has remained flat from a week ago. Shares of the stock have been trading at an exceptionally rapid pace, up fourfold from the week prior. For more information, get Portfolio Grader’s complete analysis of BLMT stock[9].

BNC Bancorp (NASDAQ:BNCN[10]) 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. After two consecutive days of gains, the stock price has reached $13.33. For more information, get Portfolio Grader’s complete analysis of BNCN stock[11].

This is a strong week for Wells Fargo & Company (NYSE:WFC[12]). The company’s rating climbs to B from the previous week’s 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[13].

PacWest Bancorp (NASDAQ:PACW[14]) improves from a C to a B rating this week. PacWest Bancorp is the holding company for Pacific Western Bank. At $34.82, the stock is above the 50-day moving average of $34.26. For more information, get Portfolio Grader’s complete analysis of PACW stock[15].

U.S. Bancorp (NYSE:USB[16]) shows solid improvement this week. The company’s rating rises from a C to a B. U.S. Bancorp provides banking and financial services. For more information, get Portfolio Grader’s complete analysis of USB stock[17].

This week, Huntington Bancshares Incorporated (NASDAQ:HBAN[18]) pushes up from a C to a B rating. Huntington Bancshares is a multi-state bank holding company. For more information, get Portfolio Grader’s complete analysis of HBAN stock[19].

This week, Independent Bank Corp.’s (NASDAQ:INDB[20]) ratings are up from a C last week to a B. Independent Bank is the holding company for Rockland Trust. Despite the upgrade, the stock has remained flat from a week ago. For more information, get Portfolio Grader’s complete analysis of INDB stock[21].

The rating of First Financial Bankshares, Inc. (NASDAQ:FFIN[22]) moves up this week, rising from a C to a B. First Financial Bankshares is a multi-bank holding company. The stock’s price of $59.78 is above the 50-day moving average of $59.17. For more information, get Portfolio Grader’s complete analysis of FFIN stock[23].

Pacific Continental Corporation (NASDAQ:PCBK[24]) 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. The stock price has pushed upwards for the past two days, reaching $12.99. For more information, get Portfolio Grader’s complete analysis of PCBK stock[25].

First Community Bancshares, Inc. (NASDAQ:FCBC[26]) earns a B this week, jumping up from last week’s grade of C. First Community Bancshares is the holding company for First Community Bank. Wall Street has pushed the stock higher by 7.4% over the past month. 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. Investors seem to agree with the upgraded status of the stock, and have pushed the stock up 6% over the past month. For more information, get Portfolio Grader’s complete analysis of BMTC stock[29].

Banco de Chile Sponsored ADR (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. Investors have pushed the stock price up 7.3% over the past month. Shares of the stock have been trading at an exceptionally rapid pace, up 392.5% from the week prior. The stock has a dividend yield of 3.3%. For more information, get Portfolio Grader’s complete analysis of BCH stock[31].

This is a strong week for BOK Financial Corporation (NASDAQ:BOKF[32]). 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[33].

Glacier Bancorp, Inc. (NASDAQ:GBCI[34]) shows solid improvement this week. The company’s rating rises from a C to a B. Glacier Bancorp is a regional multi-bank holding company providing commercial financial services to individuals and corporations. At $25.12, the stock is above the 50-day moving average of $24.19. For more information, get Portfolio Grader’s complete analysis of GBCI stock[35].

Washington Trust Bancorp, Inc. (NASDAQ:WASH[36]) boosts its rating from a C to a B this week. Washington Trust offers a range of financial services to individuals and businesses, including wealth management. With a price of $31.77, it is above the 50-day moving average of $31.25. For more information, get Portfolio Grader’s complete analysis of WASH stock[37].

First Connecticut Bancorp, Inc. (NASDAQ:FBNK[38]) improves from a C to a B rating this week. 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. The stock’s price of $14.81 is above the 50-day moving average of $14.57. 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[39].

First Financial Holdings, Inc. (NASDAQ:SCBT[40]) gets a higher grade this week, advancing from a B last week 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. With a price of $56.05, it is above the 50-day moving average of $55.02. For more information, get Portfolio Grader’s complete analysis of SCBT stock[41].

The rating of Canadian Imperial Bank of Commerce (NYSE:CM[42]) moves up this week, rising 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. The stock’s dividend yield is 3.6%. For more information, get Portfolio Grader’s complete analysis of CM stock[43].

This week, The Bank of Nova Scotia’s (NYSE:BNS[44]) ratings are up from a C last week to a B. Bank of Nova Scotia offers various personal, commercial, corporate, and investment banking services in Canada and internationally. At $57.55, the stock is above the 50-day moving average of $56.16. The current dividend yield is 2.4%. 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].

Endnotes:
  1. Portfolio Grader: http://navelliergrowth.investorplace.com/portfolio-grader/
  2. CUBI: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=CUBI
  3. For more information, get Portfolio Grader’s complete analysis of CUBI stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=CUBI
  4. PNFP: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=PNFP
  5. For more information, get Portfolio Grader’s complete analysis of PNFP stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=PNFP
  6. TAYC: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=TAYC
  7. For more information, get Portfolio Grader’s complete analysis of TAYC stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=TAYC
  8. BLMT: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=BLMT
  9. For more information, get Portfolio Grader’s complete analysis of BLMT stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=BLMT
  10. BNCN: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=BNCN
  11. For more information, get Portfolio Grader’s complete analysis of BNCN stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=BNCN
  12. WFC: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=WFC
  13. For more information, get Portfolio Grader’s complete analysis of WFC stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=WFC
  14. PACW: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=PACW
  15. For more information, get Portfolio Grader’s complete analysis of PACW stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=PACW
  16. USB: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=USB
  17. For more information, get Portfolio Grader’s complete analysis of USB stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=USB
  18. HBAN: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=HBAN
  19. For more information, get Portfolio Grader’s complete analysis of HBAN stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=HBAN
  20. INDB: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=INDB
  21. For more information, get Portfolio Grader’s complete analysis of INDB stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=INDB
  22. FFIN: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=FFIN
  23. For more information, get Portfolio Grader’s complete analysis of FFIN stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=FFIN
  24. PCBK: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=PCBK
  25. For more information, get Portfolio Grader’s complete analysis of PCBK stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=PCBK
  26. FCBC: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=FCBC
  27. For more information, get Portfolio Grader’s complete analysis of FCBC stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=FCBC
  28. BMTC: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=BMTC
  29. For more information, get Portfolio Grader’s complete analysis of BMTC stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=BMTC
  30. BCH: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=BCH
  31. For more information, get Portfolio Grader’s complete analysis of BCH stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=BCH
  32. BOKF: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=BOKF
  33. For more information, get Portfolio Grader’s complete analysis of BOKF stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=BOKF
  34. GBCI: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=GBCI
  35. For more information, get Portfolio Grader’s complete analysis of GBCI stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=GBCI
  36. WASH: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=WASH
  37. For more information, get Portfolio Grader’s complete analysis of WASH stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=WASH
  38. FBNK: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=FBNK
  39. For more information, get Portfolio Grader’s complete analysis of FBNK stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=FBNK
  40. SCBT: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=SCBT
  41. For more information, get Portfolio Grader’s complete analysis of SCBT stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=SCBT
  42. CM: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=CM
  43. For more information, get Portfolio Grader’s complete analysis of CM stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=CM
  44. BNS: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=BNS
  45. For more information, get Portfolio Grader’s complete analysis of BNS stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=BNS
  46. Portfolio Grader: http://navelliergrowth.investorplace.com/portfolio-grader/
  47. here: http://navelliergrowth.investorplace.com/portfolio-grader/

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