21 Commercial Banking Stocks to Buy Now

PNFP, TAYC, BLMT, BNCN, WFC, PACW, USB, HBAN, INDB, FFIN, PCBK, FCBC, BMTC, BCH, BOKF, GBCI, WASH, FBNK, SCBT, CM, BNS improve in weekly rankings

   
21 Commercial Banking Stocks to Buy Now

This week, 21 commercial banking stocks are improving their overall ratings on Portfolio Grader. Each of these stocks is rated an “A” (“strong buy”) or “B” overall (“buy”).

Pinnacle Financial Partners, Inc. (PNFP) ups its rating to a B (“buy”) this week after earning a C (“hold”) in the week before. Pinnacle Financial Partners provides various commercial banking services to individuals, small-to medium-sized businesses, and professional entities primarily in Tennessee. In Portfolio Grader’s specific subcategory of Earnings Revisions, PNFP also gets an A. The stock has pushed up 6.4% over the past week. For more information, get Portfolio Grader’s complete analysis of PNFP stock.

This week, Taylor Capital Group, Inc. (TAYC) 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. The stock price has risen 8.9% 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 TAYC stock.

BSB Bancorp, Inc.’s (BLMT) 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.

BNC Bancorp (BNCN) 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. For more information, get Portfolio Grader’s complete analysis of BNCN stock.

This week, Wells Fargo & Company’s (WFC) 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. For more information, get Portfolio Grader’s complete analysis of WFC stock.

PacWest Bancorp (PACW) gets a higher grade this week, advancing from a C last week to a B. PacWest Bancorp is the holding company for Pacific Western Bank. The stock’s price of $42.62 is above the 50-day moving average of $39.50. For more information, get Portfolio Grader’s complete analysis of PACW stock.

The rating of U.S. Bancorp (USB) moves up this week, rising 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.

Huntington Bancshares Incorporated (HBAN) is seeing ratings go up from a C last week to a B this week. Huntington Bancshares provides commercial, small business, and consumer banking services. For more information, get Portfolio Grader’s complete analysis of HBAN stock.

Independent Bank Corp. (INDB) 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.

First Financial Bankshares, Inc. (FFIN) 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. With a price of $66.22, it is above the 50-day moving average of $62.63. For more information, get Portfolio Grader’s complete analysis of FFIN stock.

This is a strong week for Pacific Continental Corporation (PCBK). 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.

This week, First Community Bancshares, Inc. (FCBC) pushes up from a C to a B rating. First Community Bancshares is the holding company for First Community Bank. The stock has moved up a slight 4.6% over the past week. For more information, get Portfolio Grader’s complete analysis of FCBC stock.

Bryn Mawr Bank Corporation (BMTC) earns a B this week, jumping up from last week’s grade of 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.

This week, Banco de Chile Sponsored ADR (BCH) 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 volume of trades has dropped off significantly in the past week, down to half the previous rate. The stock’s dividend yield is 3.3%. For more information, get Portfolio Grader’s complete analysis of BCH stock.

BOK Financial Corporation (BOKF) improves from a C to a B rating 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.

Glacier Bancorp, Inc. (GBCI) boosts its rating from a C to a B this week. Glacier Bancorp is a regional multi-bank holding company providing commercial financial services to individuals and corporations. The stock price has increased 5.3% over the past week. For more information, get Portfolio Grader’s complete analysis of GBCI stock.

Washington Trust Bancorp, Inc. (WASH) shows solid improvement this week. The company’s rating rises from a C 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.

First Connecticut Bancorp, Inc.’s (FBNK) 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. For more information, get Portfolio Grader’s complete analysis of FBNK stock.

This is a strong week for First Financial Holdings, Inc. (SCBT). The company’s rating climbs to A from the previous week’s B. 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.

The rating of Canadian Imperial Bank of Commerce (CM) 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. At present, the stock has a dividend yield of 3.6%. For more information, get Portfolio Grader’s complete analysis of CM stock.

The Bank of Nova Scotia (BNS) 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 current dividend yield is 2.3%. For more information, get Portfolio Grader’s complete analysis of BNS stock.

Louis Navellier’s proprietary Portfolio Grader 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.


Article printed from InvestorPlace Media, http://investorplace.com/2013/12/21-commercial-banking-stocks-to-buy-now-pnfp-tayc-blmt-25/.

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