23 Commercial Banking Stocks to Buy Now

by Portfolio Grader | November 20, 2013 12:30 pm

23 Commercial Banking Stocks to Buy Now

This week, 23 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, Inc.’s (PNFP[2]) grade is moving up to a B (“buy”) this week from last week’s C (“hold”). 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 pushed upwards for the past five days, reaching $31.44. For more information, get Portfolio Grader’s complete analysis of PNFP stock[3].

This week, Taylor Capital Group, Inc. (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. At $23.47, the share price is approaching the 52-week high of $23.75. For more information, get Portfolio Grader’s complete analysis of TAYC stock[5].

BSB Bancorp, Inc. (BLMT[6]) boosts its rating from a C to a B this week. BSB Bancorp operates as a bank holding company. Shares of the stock have been changing hands at an unusually rapid pace, up 1124.3% from the week prior. For more information, get Portfolio Grader’s complete analysis of BLMT stock[7].

This week, BCB Bancorp, Inc. (BCBP[8]) pushes up from a B to an A rating. BCB Bancorp offers FDIC-insured deposit products and invests funds held in deposit accounts at the bank, together with funds generated from operations, in investment securities and loans. For more information, get Portfolio Grader’s complete analysis of BCBP stock[9].

BNC Bancorp (BNCN[10]) improves from a C to a B rating this week. BNC Bancorp offers products and services to individuals and small- to medium-sized local businesses. The stock finished at $13.03 per share, after three days of consecutive gains. For more information, get Portfolio Grader’s complete analysis of BNCN stock[11].

This week, Wells Fargo & Company’s (WFC[12]) ratings are up from a C last week to a B. Wells Fargo provides financial services in mainly wholesale banking, mortgage banking, consumer finance, equipment leasing, agricultural finance and commercial finance. The share price is in range of the 52-week high of $44.78, currently positioned at $43.56. For more information, get Portfolio Grader’s complete analysis of WFC stock[13].

PacWest Bancorp (PACW[14]) 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. Shares of PACW have increased 6.8% 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 PACW stock[15].

The rating of U.S. Bancorp (USB[16]) moves up this week, rising from a C to a B. U.S. Bancorp provides banking and financial services. The stock’s price of $38.66 is above the 50-day moving average of $37.27. For more information, get Portfolio Grader’s complete analysis of USB stock[17].

Huntington Bancshares Incorporated’s (HBAN[18]) ratings are looking better this week, moving up to a B from last week’s C. Huntington Bancshares is a multi-state bank holding company. The stock’s current price of $8.87 is approaching the 52-week high of $9.06. For more information, get Portfolio Grader’s complete analysis of HBAN stock[19].

This is a strong week for Independent Bank Corp. (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].

First Financial Bankshares, Inc. (FFIN[22]) 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. After five consecutive days of gains, the stock price has reached $61.38. For more information, get Portfolio Grader’s complete analysis of FFIN stock[23].

Pacific Continental Corporation (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. For more information, get Portfolio Grader’s complete analysis of PCBK stock[25].

First Community Bancshares, Inc. (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. For more information, get Portfolio Grader’s complete analysis of FCBC stock[27].

This is a strong week for Bryn Mawr Bank Corporation (BMTC[28]). The company’s rating climbs to B from the previous week’s C. Bryn Mawr Bank offers a full range of personal and business banking services. At $28.28, the stock is above the 50-day moving average of $26.87. 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 BMTC stock[29].

Banco de Chile Sponsored ADR (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. Shares of the stock have been trading at an exceptionally rapid pace, up threefold from the week prior. At present, the stock has a dividend yield of 3.3%. For more information, get Portfolio Grader’s complete analysis of BCH stock[31].

BOK Financial Corporation (BOKF[32]) gets a higher grade this week, advancing from a C last week to a B. 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].

This week, Glacier Bancorp, Inc.’s (GBCI[34]) 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. With a price of $27.97, it is above the 50-day moving average of $25.94. For more information, get Portfolio Grader’s complete analysis of GBCI stock[35].

Washington Trust Bancorp, Inc. (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.’s (FBNK[38]) ratings are looking better this week, moving up to a B from last week’s C. 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 $15.66 is nearing the 52-week high of $15.75. For more information, get Portfolio Grader’s complete analysis of FBNK stock[39].

The rating of First Financial Holdings, Inc. (SCBT[40]) moves up this week, rising 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. The stock’s price of $61.15 is above the 50-day moving average of $57.27. For more information, get Portfolio Grader’s complete analysis of SCBT stock[41].

Canadian Imperial Bank of Commerce (CM[42]) improves from a C to a B rating this week. Canadian Imperial Bank of Commerce is a global financial institution that serves clients through CIBC retail markets and wholesale banking. At $86.90, the share price is growing closer to the 52-week high of $87.51. 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 (BNS[44]) shows solid improvement this week. The company’s rating rises from a C to a B. Bank of Nova Scotia offers various personal, commercial, corporate, and investment banking services in Canada and internationally. At $63.00, the share price is approaching the 52-week high of $63.50. The current dividend yield is 2.4%. For more information, get Portfolio Grader’s complete analysis of BNS stock[45].

This week, Palmetto Bancshares, Inc. (PLMT[46]) pushes up from a B to an A rating. Palmetto Bancshares operates as a bank holding company with interest in providing commercial and consumer banking, trust and investment management and brokerage services for individual and corporate clients. For more information, get Portfolio Grader’s complete analysis of PLMT 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].

Endnotes:
  1. Portfolio Grader: http://navelliergrowth.investorplace.com/portfolio-grader/
  2. PNFP: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=PNFP
  3. For more information, get Portfolio Grader’s complete analysis of PNFP stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=PNFP
  4. TAYC: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=TAYC
  5. For more information, get Portfolio Grader’s complete analysis of TAYC stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=TAYC
  6. BLMT: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=BLMT
  7. For more information, get Portfolio Grader’s complete analysis of BLMT stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=BLMT
  8. BCBP: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=BCBP
  9. For more information, get Portfolio Grader’s complete analysis of BCBP stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=BCBP
  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. PLMT: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=PLMT
  47. For more information, get Portfolio Grader’s complete analysis of PLMT stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=PLMT
  48. Portfolio Grader: http://navelliergrowth.investorplace.com/portfolio-grader/
  49. here: http://navelliergrowth.investorplace.com/portfolio-grader/

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