10 Best Diversified Bank Stocks To Buy For 2015

10 Best Diversified Bank Stocks To Buy For 2015: First Capital Bancorp Inc.(VA)

First Capital Bancorp, Inc. operates as the holding company for First Capital Bank that offers a range of banking and related financial services to small and medium-sized businesses, professionals, and individuals in Richmond, Virginia metropolitan area. The company?s deposit products include checking, individual retirement, negotiable order of withdrawal, and savings accounts, as well as other time deposits of various types, ranging from daily money market accounts to longer-term certificates of deposit. Its loan portfolio comprises short-to-medium term commercial loans, such as secured and unsecured loans for working capital, business expansion, and purchase of equipment and machinery; and consumer loans comprising secured and unsecured loans for financing automobiles, home improvements, education, and personal investments. The company also originates fixed and floating-rate mortgage, and real estate construction and acquisition loans. In addition, it offers safe deposi t boxes, cash management services, traveler?s checks, direct deposit of payroll and social security checks, automatic drafts for various accounts, online banking services, small and medium-sized businesses courier services, and automated teller machine services. As of May 10, 2011, the company operated seven branches. First Capital Bancorp, Inc. is headquartered in Glen Allen, Virginia.

Advisors' Opinion:

• [By Tiernan Ray]

  Shares of hip carrier Virgin America (VA) are flying, up $4.15, or almost 12%, at $39.96, after underwriters of its November 14th initial public offering were freed up to initiate coverage and responded with mostly positive notes.

  Of the eight underwriters — Barclays, Deutsche, Merrill, Cowen, Goldman, Imperial Capital, Loyal3 Securities, and Raymond James — I see five Buy-equ! ivalent ratings today, and one Hold, from Raymond James.

  Virgin, which began its U.S. operations in 2007, generated $56 million in net income off $1.12 billion in revenue in the first nine months of this year, according to its IPO prospects. That was up from a $4 million loss last year on revenue of $1.06 billion in the same nine-month period. As of September, the company had amassed a deficit of $334 million.

  The shares have a heavy concentration of top stockholders, with the biggest chunk owned by Cyrus Aviation Holdings, at 39.9% before the IPO and an expected 33% following it; VX Holdings, with 22% pre-IPO and 25% post-IPO; and PAR Investments with 6.5%.

  Cyrus, which as recently as 2010 held as much as 55.5% of the stock, is held by Cyrus Capital Partners, a distressed-debt fund manager. VX is the employee holding company for employee share interests in the stock.

  Imperial Capital‘s Bob McAdoo starts coverage with an Outperform rating, and a $52 price target, writing that after losing money its first six years in business, because of startup costs and the need to grab market share, Virgin changed focus last year to making money:

  The company has since reduced or even suspended service in various underperforming markets. More recently, five of the past six quarters have produced net profits, a trend we expect to continue given management's current focus and with recent significantly lower jet fuel prices. Later in this report, we provide more detail regarding some of the specific steps taken to improve profitabilit

  source from Top Stocks For 2015:http://www.topstocksblog.com/10-best-diversified-bank-stocks-to-buy-for-2015-2.html