Read/Post Comments (0) | Recommended this article (0)
Please login to Zacks.com or register to post a comment.
Zacks' 7 Best Stocks
for June, 2013
FREE Report for Zacks.com
Visitors Only
Visitors Only
They're hand-picked from the list of Zacks Rank #1 Strong Buys. Our experts predict that their prices will jump the soonest.
Today, you can see them free.
- Latest News
- Most Popular
- Hitting Home Runs & Grand Slams, Not Loud Outs
- RTI: Do Stocks Tank When QE Ends?
- 3 Top-Ranked Consumer ETFs to Buy Now
- This Week's Aggressive Growth Stocks
- Who Wants to Keep "Too Big to Fail" Alive?
- Debt-Ceiling Alarm Bell Tolls
- Avoid These 3 Eurozone ETFs This Summer
- RTI: When Will We Finally See a Pullback?
- Top Stocks with Big Potential Catch-Up Moves
- AWS 5/22: Will Bernanke Show His Hand?
- PFP 5/22: Singular Stock Focus Continues
Recent Quotes
| No Recent Quote currently available |
My Portfolio
|
My Portfolio Tracker One of the most important steps you can take today is to set up your portfolio tracker on Zacks.com. Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts. Set yours up today. |
More Zacks Resources
Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.
Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.
Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.
My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.
Zacks #1 Stocks on the Move 05/22/2013
| Company Name | Symbol | %Change |
|---|---|---|
| ALLIANCE FIB | AFOP | 9.31% |
| SONIC FOUNDR | SOFO | 7.77% |
| VELTI PLC OR | VELT | 7.58% |
| TRI TECH HOL | TRIT | 6.62% |
| A M R CP | AAMRQ | 4.52% |
Quick Links
Resources
Client Support
Zacks Research is Reported On:
Zacks Investment Research
is an A+ Rated BBB
Accredited Business.
Copyright 2013 Zacks Investment Research
At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1986 it has nearly tripled the S&P 500 with an average gain of +26% per year. These returns cover a period from 1986-2011 and were examined and attested by Baker Tilly, an independent accounting firm.
Visit performance for information about the performance numbers displayed above.
NYSE and AMEX data is at least 20 minutes delayed. NASDAQ data is at least 15 minutes delayed.
This page is temporarily not available. Please check later as it should be available shortly. If you have any questions, please email customer support at support@zacks.com or call 800-767-3771 ext. 9339.
Zacks Investment Research downgraded The Bancorp Inc. ( TBBK - Snapshot Report ) to a Zacks #5 Rank (Strong Sell) on January 2.
Why the Downgrade?
The company has witnessed downward estimate revisions after reporting disappointing third-quarter 2012 results. Consequently, shares of this Mid-Atlantic-regional bank have been on a downtrend since the middle of May 2012. Moreover, given the company’s negative earnings surprise in the third quarter of 2012, it has further downside left.
On October 23, 2012, The Bancorp reported third-quarter earnings per share of 11 cents, missing the Zacks Consensus Estimate by a penny.
Earnings were primarily aided by increased net interest income (up 10.0% year over year) and non-interest income (up 68.3% year over year). However, these positives were more than offset by a 23.3% surge in non-interest expense and a 10.4% hike in provision for loan and lease losses.
Though The Bancorp’s capital ratios remained strong and exceed all regulatory requirements, credit quality showed deterioration with the allowance for loan losses increasing 17 bps to 1.78% of total loans as of September 30, 2012. Moreover, the ratio of nonperforming loans to total loans stood at 1.63%, up 30 bps as of September 30, 2011.
The Zacks Consensus Estimate for 2012 decreased 4.0% to 48 cents per share over the last 60 days. For 2013, the Zacks Consensus Estimate reduced 15.7% to 75 cents per share over the same time frame.
Other Stocks to Consider
Not all banking stocks are performing as poorly as The Bancorp. The following banking stocks with favorable Zacks Rank are performing well and are worth considering:
1) First Community Bancshares, Inc. (Bluefield) ( FCBC - Snapshot Report ) carries a Zacks #1 Rank (Strong Buy)
2) IberiaBank Corp. ( IBKC - Snapshot Report ) holds a Zacks #1 Rank (Strong Buy)
Read the full reports :
Snapshot Report on TBBK
Snapshot Report on FCBC
Snapshot Report on IBKC