NEW YORK (TheStreet) -- While the federal regulators have reported some grim news for small business credit, investors should take note of which banks are consistently growing their commercial loan portfolios.
According to Community Reinvestment Act data filed by banks and thrifts with total assets of $1.1 billion or more gathered by the Federal Reserve, the Federal Deposit Insurance Corp. and the Office of the Comptroller of the Currency, total business loan originations among banks and thrifts required to file the data declined 9% during 2010.
In a time of turmoil for the markets overall and bank stocks in particular, investors looking for safety are well-advised to consider names that are sufficiently healthy to support a generous dividend payout. Those looking for bargains can focus on the bank stocks trading below tangible book value. Investors looking for growth during a sluggish economic recovery should key in on banks that are bucking industry trends.
One way to do this is to focus on banks growing revenue, such as the ones covered in TheStreet's 10 Banks with Solid Revenue .Another approach is to look at which large banks have grown their commercial loan books quarter-over-quarter and year-over-year. Among the largest U.S. banks that are required to file regulatory financial statements with the Federal Reserve, these 10 reported the largest gains in commercial loan balances during the second quarter, while also growing the portfolios from a year earlier. Some, but not all, achieved the growth through acquisitions. Several of the names also feature attractive dividend yields in a prolonged low-rate environment. Here are the 10 large banks showing significant commercial loan growth, counting up to the banks with the largest second-quarter non-real estate commercial loan growth:
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV