NEW YORK ( TheStreet) -TheStreet Ratings' stock model upgraded Washington Banking Company ( WBCO) to 'Buy' from 'Hold'. Net income at this $210 million market cap, bank holding company jumped 719% to a profit of $13.7 million in the third quarter compared to the same quarter last year.

TheStreet Ratings released rating changes on 5 U.S. common stocks for December 28, 2010. In total, 5 stocks were upgraded and no stocks were downgraded by our stock model.

In the third quarter, Washington Banking Company reported $23.3 million in revenue, an increase of 48.4% over the year earlier quarter. Learn more about Washington Banking Company: Company Profile, Income Statement, Balance Sheet, Stock Ratios, Analyst Ratings.

$2.9 billion market cap, precious metals miner, Hecla Mining Co ( HL) was upgraded to 'Buy' from 'Hold'. In third quarter results, Hecla Mining Co reported a 23.7% decrease in net income to $19.8 million and a 21.7% increase in revenue to $115.9 million when compared to the same quarter last year. Learn more about Hecla Mining: Company Profile, Income Statement, Balance Sheet, Stock Ratios, Analyst Ratings.

-- Reported by Kevin Baker in Jupiter, FL.

For additional Investment Research check out our Ratings Research Center.

Kevin Baker became the senior financial analyst for TheStreet Ratings upon the August 2006 acquisition of Weiss Ratings by TheStreet.com, covering mutual funds. He joined the Weiss Group in 1997 as a banking and brokerage analyst. In 1999, he created the Weiss Group's first ratings to gauge the level of risk in U.S. equities. Baker received a B.S. degree in management from Rensselaer Polytechnic Institute and an M.B.A. with a finance specialization from Nova Southeastern University.

If you liked this article you might like

How to Trade the Week's Most Active Stocks -- Micron, Nvidia, Synergy Pharma and More

How to Trade the Week's Most Active Stocks -- Micron, Nvidia, Synergy Pharma and More

Which Companies Are Changing Direction

Which Companies Are Changing Direction

These Two Base Metals Stocks Are Ready to Run

These Two Base Metals Stocks Are Ready to Run

Here Is Why These 2 Precious Metals Mining Stocks Are Set to Soar

Here Is Why These 2 Precious Metals Mining Stocks Are Set to Soar

Hecla Mining (HL) Stock Jumps on Preliminary Q3 Production Report, Guidance

Hecla Mining (HL) Stock Jumps on Preliminary Q3 Production Report, Guidance