The banking industry closed the day up 1.5%. FNB NC Corporation (FNBN), First Security Group Inc (FSGI), Waccamaw Bankshares Inc (WBNK), and Flagstar Bancorp Inc (FBC) were all decliners today within the banking industry with KB Financial Group Inc (KB) being today's featured banking loser. KB Financial Group Inc fell 68 cents (-1.8%) to $37.34 on light volume. Throughout the day, 148,787 shares of KB Financial Group Inc exchanged hands as compared to its average daily volume of 252,600 shares. Kookmin Bank Co. Ltd. provides various banking and other financial services to individuals, small- and medium-sized enterprises, and large corporations in Korea. KB Financial Group Inc has a market cap of $14.9 billion and is part of the financial sector. The company has a P/E ratio of 25.3, above the S&P 500 P/E ratio of 17.7. Shares are down 27.2% year to date as of the close of trading on Tuesday. TheStreet Ratings rates KB Financial Group as a sell. Among the areas we feel are negative, one of the most important has been a generally disappointing historical performance in the stock itself.
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