This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

10 Small Bank Stocks for Growth

4. Tennessee Commerce Bancorp

Shares of Tennessee Commerce Bancorp (TNCC) of Franklin closed at $4.50 Friday, down 43% over the previous year.

Based on a consensus price target of $5.75, the shares have 28% upside potential.

The company had $1.5 billion in total assets as of December 31.

Tennessee Commerce disclosed in a Securities and Exchange Commission filing on April 1 that its 2010 10-K report would be delayed because the company was "evaluating the impact" of an examination report from Tennessee regulators and the FDIC on its main subsidiary Tennessee Commerce Bank.

In a January 21 filing, the company announced net income available to common shareholders of $1.9 million in 2010, or 24 cents a share. The consensus estimates are for Tennessee Commerce to earn 32 cents a share in 2011 and 66 cents a share in 2012.

The company owes $30 million in TARP money, and raised $26.2 million in common equity in August.

After the earnings announcement on January 21, Sterne Agee analyst Kenneth James reiterated his buy rating for Tennessee Commerce with a $6 price target, describing the shares as a "higher-risk, high-return opportunity for investors with a longer time horizon.

Three of the four analysts covering Tennessee Commerce Bancorp rate the shares a buy, while the remaining analyst has a neutral rating.
8 of 11

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
ABCB $30.87 0.92%
BNCL $13.89 0.36%
BAC $14.20 0.46%
C $44.73 0.16%
FUBC $8.85 0.34%


Chart of I:DJI
DOW 17,688.65 +37.39 0.21%
S&P 500 2,056.15 +5.03 0.25%
NASDAQ 4,735.0280 +9.3890 0.20%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs