The grades of 21 Commercial Banking stocks are on the rise this week on Portfolio Grader. Each of these stocks is rated an “A” (“strong buy”) or “B” overall (“buy”).
SCBT Financial (NASDAQ:SCBT) is progressing from last week’s rating of B (“buy”) as the company improves to an A (“strong buy”) this week. 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. In Portfolio Grader’s specific subcategory of Margin Growth, SCBT also gets an A. Shares of SCBT have increased 16% over the past month, better than the 0.5% the Nasdaq has seen over the same period of time. For more information, get Portfolio Grader’s complete analysis of SCBT stock.
Banco de Chile (NYSE:BCH) is bumping up its rating from a C (“hold”) to a B (“buy”) this week. NonactiveBanco de Chile provides a wide customer base of individuals and corporations with general banking services. The current dividend yield is 2.8%. The stock currently has a trailing PE Ratio of 0.00. For more information, get Portfolio Grader’s complete analysis of BCH stock.
This week, Bank of Nova Scotia’s (NYSE:BNS) 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 present, the stock has a dividend yield of 2.3%. For more information, get Portfolio Grader’s complete analysis of BNS stock.
First Connecticut Bancorp Inc. (NASDAQ:FBNK) 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. For more information, get Portfolio Grader’s complete analysis of FBNK stock.
This is a strong week for Canadian Imperial Bank of Commerce (NYSE:CM). The company’s rating climbs to B from the previous week’s C. 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.
The rating of BOK Financial (NASDAQ:BOKF) moves up this week, rising from a C 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. Wall Street has pushed the stock higher by 5.9% over the past month. For more information, get Portfolio Grader’s complete analysis of BOKF stock.
Glacier Bancorp (NASDAQ:GBCI) earns a B this week, jumping up from last week’s grade of C. Glacier Bancorp is a regional multi-bank holding company providing commercial financial services to individuals and corporations. Investors have pushed the stock price up 8.9% over the past month. For more information, get Portfolio Grader’s complete analysis of GBCI stock.
Washington Trust Bancorp (NASDAQ:WASH) 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. For more information, get Portfolio Grader’s complete analysis of WASH stock.
This week, Pinnacle Financial Partners (NASDAQ:PNFP) pushes up from a C to a B rating. Pinnacle Financial Partners is a holding company for Pinnacle National Bank. Investors seem to agree with the upgraded status of the stock, and have pushed the stock up 7.1% over the past month. For more information, get Portfolio Grader’s complete analysis of PNFP stock.
Taylor Capital Group (NASDAQ:TAYC) shows solid improvement this week. The company’s rating rises from a B to an A. Taylor Capital Group is a bank holding company for Cole Taylor Bank. The stock’s trailing PE Ratio is 8.90. For more information, get Portfolio Grader’s complete analysis of TAYC stock.
BSB Bancorp Inc (NASDAQ:BLMT) gets a higher grade this week, advancing from a C last week to a B. BSB Bancorp, Inc. operates as a bank holding company. The company, through its subsidiary, Belmont Savings Bank, provides banking products and services. The bank’s business consists primarily of accepting deposits from the general public and investing those deposits, together with funds generated fr… Wall Street seems to agree with the upgrade and has propelled the stock up 5.3% over the past month. For more information, get Portfolio Grader’s complete analysis of BLMT stock.
BNC Bancorp (NASDAQ:BNCN) 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. Investors have pushed the stock price up 12.6% over the past month. For more information, get Portfolio Grader’s complete analysis of BNCN stock.
Wells Fargo (NYSE:WFC) gets a higher grade this week, advancing 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. Wall Street has pushed the stock higher by 7.6% over the past month. For more information, get Portfolio Grader’s complete analysis of WFC stock.
This week, PacWest Bancorp’s (NASDAQ:PACW) ratings are up from a C last week to a B. PacWest Bancorp is the holding company for Pacific Western Bank. For more information, get Portfolio Grader’s complete analysis of PACW stock.
U.S. Bancorp (NYSE:USB) 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.
The rating of Huntington Bancshares (NASDAQ:HBAN) moves up this week, rising from a C to a B. Huntington Bancshares is a multi-state bank holding company. 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 HBAN stock.
This is a strong week for Independent Bank Corp. (NASDAQ:INDB). 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.
First Financial Bankshares (NASDAQ:FFIN) boosts its rating from a C to a B this week. First Financial Bankshares is a multi-bank holding company. Investors have pushed the stock price up 9.8% over the past month. For more information, get Portfolio Grader’s complete analysis of FFIN stock.
Pacific Continental Corp. (NASDAQ:PCBK) earns an A this week, jumping up from last week’s grade of 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.
First Community Bancshares’ (NASDAQ:FCBC) ratings are looking better this week, moving up to a B from last week’s C. First Community Bancshares is the holding company for First Community Bank. For more information, get Portfolio Grader’s complete analysis of FCBC stock.
Bryn Mawr Bank (NASDAQ:BMTC) is seeing ratings go up from a C last week to a B this week. 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.
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.
