This week, seven commercial banking stocks are improving their overall rating on Portfolio Grader. Each of these rates an “A” (“strong buy”) or “B” overall (“buy”).
This week, CVB Financial (CVBF) is showing good progress as the company’s rating jumps from a B (“buy”) last week to an A (“strong buy”). CVB Financial provides various banking and trust services for small and medium-sized businesses, professionals, and individuals. In Portfolio Grader’s specific subcategories of Earnings Growth and Margin Growth, CVBF also gets A’s. Shares of CVBF have increased 8.2% 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 CVBF stock.
Wintrust Financial Corporation (WTFC) is bumping up its rating from a C (“hold”) to a B (“buy”) this week. Wintrust Financial provides traditional community banking services, wealth management services, commercial insurance premium financing, short-term accounts receivable financing and certain administrative services. The stock price has pushed upwards for the past five days, reaching $46.12. For more information, get Portfolio Grader’s complete analysis of WTFC stock.
Independent Bank Corp. (INDB) earns a B this week, jumping up from last week’s grade of C. Independent Bank is the holding company for Rockland Trust. The stock finished at $39.12 per share, after five days of consecutive gains. For more information, get Portfolio Grader’s complete analysis of INDB stock.
Bridge Capital (BBNK) gets a higher grade this week, advancing from a C last week to a B. Bridge Capital Holdings provides commercial and retail banking services to small and medium size commercial businesses, business professionals, and retail customers primarily in California. The stock price has been on the rise for the past five days, reaching $20.54. Shares of the stock have been changing hands at an unusually rapid pace, up 432.4% from the week prior. For more information, get Portfolio Grader’s complete analysis of BBNK stock.
The rating of MidWestOne Financial Group, Inc. (MOFG) moves up this week, rising from a C to a B. Midwest One Financial Group is a bank holding company that provides commercial and retail lending services to businesses, individuals and government agencies. For more information, get Portfolio Grader’s complete analysis of MOFG stock.
Center Bancorp, Inc. (CNBC) is seeing ratings go up from a B last week to an A this week. Center Bancorp is a provider of various lending, depository, and related financial services for commercial, industrial, and governmental customers. After four consecutive days of gains, the stock price has reached $18.76. For more information, get Portfolio Grader’s complete analysis of CNBC stock.
NBT Bancorp (NBTB) boosts its rating from a C to a B this week. NBT Bancorp is a financial holding company that, through subsidiaries NBT Bank and Pennstar Bank, provides commercial banking and financial services. The stock has pushed up 1.9% over the past week. For more information, get Portfolio Grader’s complete analysis of NBTB 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.