Tag Archives: MCBC

Top Financial Stocks To Buy Right Now

For the past several years, cloud giant Salesforce.com, Inc. (NASDAQ:CRM) has done nothing but grind higher.

At the start of the decade, this was a $15 stock. Today, Salesforce stock is up around $120.

That is a big move higher. And Salesforce stock hasn’t slowed down much recently. Over the past year, the stock is up nearly 40%. Year-to-date, it’s up more than 15%, which is really impressive considering the turbulent market backdrop (the S&P 500 is down on the year).

How much more firepower does this rally in CRM stock have left?

In the long-term, quite a bit. This is a big growth company dominating secular growth markets, and there are huge margin drivers that should supercharge earnings growth.

But in the near-term, Salesforce stock looks a bit expensive. I’m not so sure there will be a big pullback (investor demand for winning cloud stocks remains super high), but risk outweighs reward at current levels.

Here’s a deeper look.

Top Financial Stocks To Buy Right Now: Trustmark Corporation(TRMK)

Trustmark Corporation operates as the bank holding company for Trustmark National Bank, which provides banking and financial solutions to individuals and corporate institutions in Florida, Mississippi, Tennessee, and Texas. It operates in three segments: General Banking, Insurance, and Wealth Management. The General Banking segment provides commercial and consumer banking products and services, including checking accounts, savings programs, overdraft facilities, commercial loans, installment and real estate loans, home equity loans and lines of credit, drive-in and night deposit services, and safe deposit facilities. The Insurance segment provides retail insurance products, including commercial risk management products, bonding, group benefits, and personal lines coverage. The Wealth Management segment offers private banking, money management, full-service brokerage, financial planning, personal and institutional trust, and retirement services, as well as life insurance an d risk management services. This segment also acts as an agent to provide life, long-term care, and disability insurance services for wealth management customers. The company operates 140 full-service branches, 17 limited-service branches, 1 in-store branch, and an ATM network with 132 ATMs at on-premise locations and 67 ATMs located at off-premise sites. Trustmark Corporation was founded in 1889 and is headquartered in Jackson, Mississippi.

Advisors’ Opinion:

  • [By Stephan Byrd]

    Rhumbline Advisers lowered its position in Trustmark Corp (NASDAQ:TRMK) by 5.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 122,924 shares of the financial services provider’s stock after selling 7,773 shares during the quarter. Rhumbline Advisers owned about 0.18% of Trustmark worth $3,830,000 at the end of the most recent quarter.

  • [By Joseph Griffin]

    Trustmark (NASDAQ: TRMK) and Valley National Bank (NYSE:VLY) are both mid-cap finance companies, but which is the superior business? We will compare the two companies based on the strength of their analyst recommendations, profitability, institutional ownership, valuation, dividends, risk and earnings.

Top Financial Stocks To Buy Right Now: Northrim BanCorp Inc(NRIM)

Northrim BanCorp, Inc., through its subsidiaries, which provides a range of banking products and services to businesses, professionals, and individuals in Alaska. Its deposit services include noninterest-bearing checking accounts and interest-bearing time deposits, checking accounts, and savings accounts. The company?s loan portfolio comprises commercial and real estate lending, construction and land development lending, and consumer loans. Northrim BanCorp also offers other customer services, including telebanking, faxed account statements, Internet banking, automated teller services, personalized checks at account opening, overdraft protection from a savings account, extended banking hours, commercial drive-up banking with coin service, automatic transfers and payments, wire transfers, direct payroll deposit, electronic tax payments, automated clearing house origination and receipt, and cash management services. In addition, it provides investment advisory, insurance br okerage, trust, and wealth management services. As of December 31, 2009, the company operated 11 branches, including 7 in Anchorage, 2 in Fairbanks, and 1 each in Eagle River and Wasilla. Northrim BanCorp, Inc. was founded in 1990 and is headquartered in Anchorage, Alaska.

Advisors’ Opinion:

  • [By Ethan Ryder]

    Get a free copy of the Zacks research report on Northrim BanCorp (NRIM)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Ethan Ryder]

    Get a free copy of the Zacks research report on Northrim BanCorp (NRIM)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Joseph Griffin]

    Kearny Financial (NASDAQ: KRNY) and Northrim BanCorp (NASDAQ:NRIM) are both small-cap finance companies, but which is the better investment? We will compare the two companies based on the strength of their earnings, valuation, institutional ownership, risk, profitability, analyst recommendations and dividends.

  • [By Joseph Griffin]

    Northrim BanCorp (NASDAQ: NRIM) and Hometrust Bancshares (NASDAQ:HTBI) are both small-cap finance companies, but which is the better investment? We will contrast the two companies based on the strength of their profitability, institutional ownership, earnings, risk, analyst recommendations, valuation and dividends.

Top Financial Stocks To Buy Right Now: Macatawa Bank Corporation(MCBC)

Macatawa Bank Corporation operates as the holding company for Macatawa Bank that provides various commercial and personal banking services. It offers various deposit products, which comprise checking accounts, savings accounts, time deposits, transaction accounts, savings and time certificates, non-interest bearing and interest bearing demand deposits, and money market accounts. The company?s loan portfolio comprises commercial and industrial loans, commercial real estate loans, construction and development loans, and multi-family and other non-residential real estate loans; residential mortgage loans; and consumer loans, including automobile loans, home equity lines of credit, installment loans, home improvement loans, deposit account loans, and other loans for household and personal purposes. It also provides cash management services, safe deposit boxes, travelers checks, money orders, and trust services; ATMs, Internet banking, telephone banking, and debit cards; and b rokerage services, including discount brokerage, personal financial planning, and consultation regarding mutual funds. In addition, the company offers personal trust services, such as financial planning, investment management services, trust and estate administration, and custodial services; and retirement plan services, including provision of various qualified retirement plans, such as profit sharing, 401(k)s, and pension plans. It operated a network of 26 branches and a lending and operation service facility in Kent, Ottawa, and northern Allegan counties of Michigan. The company was founded in 1997 and is headquartered in Holland, Michigan.

Advisors’ Opinion:

  • [By Joseph Griffin]

    Associated Banc (NYSE:ASB) and Macatawa Bank (NASDAQ:MCBC) are both finance companies, but which is the better stock? We will contrast the two companies based on the strength of their institutional ownership, risk, valuation, profitability, analyst recommendations, earnings and dividends.

  • [By Max Byerly]

    Chemical Financial (NASDAQ: CHFC) and Macatawa Bank (NASDAQ:MCBC) are both finance companies, but which is the better business? We will contrast the two businesses based on the strength of their dividends, earnings, institutional ownership, analyst recommendations, valuation, profitability and risk.

  • [By Ethan Ryder]

    BidaskClub upgraded shares of Macatawa Bank (NASDAQ:MCBC) from a buy rating to a strong-buy rating in a research note released on Friday morning.

    Separately, Hovde Group set a $11.00 price target on Macatawa Bank and gave the stock a hold rating in a research report on Monday, January 29th.

Top Financial Stocks To Buy Right Now: ProAssurance Corporation(PRA)

ProAssurance Corporation, through its subsidiaries, provides medical and other professional liability insurance products to health care service, legal service, and other professional service providers in the United States. It primarily offers its products to physicians, dentists, chiropractors, optometrists, and allied health professionals. The company markets its products through an internal sales force, as well as independent agents. ProAssurance Corporation was founded in 1976 and is based in Birmingham, Alabama.

Advisors’ Opinion:

  • [By Motley Fool Transcribers]

    ProAssurance Corp (NYSE:PRA)Q42018 Earnings Conference CallFeb. 22, 2019, 9:30 a.m. ET

    Contents:
    Prepared Remarks Questions and Answers Call Participants
    Prepared Remarks:

    Operator

  • [By Shane Hupp]

    ProAssurance Co. (NYSE:PRA) – Equities research analysts at SunTrust Banks lowered their Q4 2018 earnings estimates for ProAssurance in a research report issued to clients and investors on Tuesday, February 5th. SunTrust Banks analyst M. Hughes now expects that the insurance provider will earn $0.17 per share for the quarter, down from their prior forecast of $0.33. SunTrust Banks has a “Hold” rating and a $45.00 price objective on the stock.

Top Financial Stocks To Buy Right Now: Diamond Hill Investment Group Inc.(DHIL)

Diamond Hill Investment Group, Inc., through its subsidiaries, sponsors, markets, and provides investment advisory and related services to individual and institutional investors in the United States. The company also offers compliance, treasury, fund administration, underwriting, and distribution services to mutual fund companies. It serves mutual funds, separate accounts, and private investment funds. Diamond Hill wholesales its products to financial intermediaries, including independent registered investment advisors, brokers, financial planners, investment consultants, and third party marketing firms. The company was founded in 1990 and is based in Columbus, Ohio.

Advisors’ Opinion:

  • [By Logan Wallace]

    MAN Grp PLC/ADR (OTCMKTS: MNGPY) and Diamond Hill Investment Group (NASDAQ:DHIL) are both finance companies, but which is the superior stock? We will compare the two businesses based on the strength of their risk, valuation, institutional ownership, earnings, profitability, dividends and analyst recommendations.