This Day On The Street
Continue to site right-arrow
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!

Assessing 29 Community Banks That Report Quarterly Results

Stocks in this article: EWBC CFNL HAFC HOMB MCBI

It is highly unlikely that any of these 29 community banks will fail, but why take the risk with so many names to choose from? I would be conservative and use an investment strategy and not include the banks with two or three red marks.

Cardinal: Book profits because of two red marks with the stock at the multiyear high.

East West: This bank has a buy rating with two red marks. Hold if you are long. New potential investors should choose a different name.

Hanmi: This bank has not participated in the community bank rally even though it has a buy rating.

Home BancShares: This bank is the only one of the 29 that has three red marks. This is offset by a buy rating. If you are long this community bank consider booking profits as the bank is trading near a multiyear high.

MetroCorp: This bank is rated a strong buy despite an overexposure to CRE loans. This is one of the smallest banks shown in the Table, so it would not be my first choice. The stock is near a multiyear high, so consider booking profits if you are long this one.

Sandy Spring: This bank has just a minor overexposure to CRE Loans and has a hold rating. The stock has moving sideways the past two years ago, so it would not be on my buy list.

Union First Market: This bank has a buy rating but two red marks. This stock had a breakout above its 200-week simple moving average last week, but in my judgment there are better investment choices.

Umpqua: This bank has a buy rating with one red mark. The weekly chart is positive, but even so, consider other community banks from the table.

Virginia Commerce: This bank has a buy rating with two red marks, one being a pipeline that's 100% funded. This bank would thus not be on my buy list.

Westamerica Bancorporation (WABC): This bank has one red mark, and that's pipeline. This, plus a sideways price pattern over the past three years or so, takes the stock off my buy list.

Western Alliance: This bank has a buy rating with one red mark, but there are better portfolio choices.

At the time of publication, Suttmeier held 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!

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!


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

  • 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