Avoid the Big Banks, Buy These 3 Small Bank Stocks

Smaller banks should continue their earnings growth trends

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Avoid the Big Banks, Buy These 3 Small Bank Stocks

Northfield Bancorp

Northfield Bank 185 Avoid the Big Banks, Buy These 3 Small Bank StocksNorthfield Bancorp (NFBK) is headquartered on Staten Island and has 30 branches located in Staten Island and Brooklyn in New York as well as Middlesex and Union Counties in New Jersey.

The bank has seen earnings explode by almost 50% so far this year and has also posted four consecutive positive earning surprises. NFBK reports earnings on Jan. 24, and I would not be the least bit surprised to see a fifth positive surprise from this bank.

Portfolio Grader upgraded the stock to a “A” back in November, and NFBK remains a “strong buy” at the current price.


Article printed from InvestorPlace Media, http://investorplace.com/2014/01/3-bank-stocks-buy-solid-fundamentals/.

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