This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
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
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Four Healthy Community Banks Worth Watching

Stocks in this article: LBAI OZRK CBSH WBS

This bank has modest overexposure to both C&D and CRE loans, but the pipeline is a healthy 65.5% funded. This bank has been an acquirer of assets from more than one FDIC failure, so it is highly unlikely that this bank will fail. The daily chart shows OZRK overbought and above its 21-day, 50-day and 200-day simple moving averages at $29.36, $29.56 and $28.48, respectively. My weekly value level is $28.21 with monthly and quarterly risky levels at $34.39 and $35.24.

Commerce Bankshares ($38.20) reports quarterly results on Thursday, and analysts expect it to report earnings of 72 cents a share. We rate the stock a Hold (3-Engine) and have a one-year price target at $38.95 (2.0% expected 12-month gain).

CBSH is a member of the KBW Bank Index (BKX), is well within the risk guidelines for exposures to C&D and CRE loans, and its pipeline is a healthy 58.1% funded. The daily chart shows that CBSH has rising momentum and is above its 21-day simple moving average at $37.72, and between its 50-day and 200-day simple moving averages at $38.37 and $38.11.

My weekly value level is $35.58 with semiannual, annual and monthly pivots at $37.45, $38.59 and $38.52, respectively, and quarterly risky level at $41.78.

Webster Financial ($21.65) reports quarterly results before the bell on Friday, and analysts expect earnings of 44 cents per share.

We rate this stock a Buy (4-Engine), with a one-year price target at $23.17 (7.0% expected 12-month gain).

WBS is well within the risk guidelines for exposures to C&D and CRE loans, and the pipeline is a healthy 51.2% funded. The daily chart shows that WBS has overbought momentum and is above its 21-day, 50-day and 200-day simple moving averages at $21.01, $20.82 and $20.56, respectively. My weekly value level is $19.94 with quarterly and monthly risky levels at $22.37 and $23.06. Below is my semiannual value level at $16.08.

I advocate the use of good-'til-cancelled limit orders to add to long positions or become less short on share price weakness to the Value Levels. Traders should enter GTC limit orders to reduce the long positions or to add to a short position on strength to Risky Levels.

At the time of publication, Suttmeier had no positions in stocks mentioned.

This article is commentary by an independent contributor, separate from TheStreet's regular news coverage.

3 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, 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
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

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.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

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.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs