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Bank Of Montreal (BMO): Today's Featured Banking Loser

Bank of Montreal ( BMO) pushed the Banking industry lower today making it today's featured Banking loser. The industry as a whole was unchanged today. By the end of trading, Bank of Montreal fell 68 cents (-1.2%) to $56.50 on average volume. Throughout the day, 1.4 million shares of Bank of Montreal exchanged hands as compared to its average daily volume of 946,600 shares. The stock ranged in price between $55.77-$56.74 after having opened the day at $56.36 as compared to the previous trading day's close of $57.18. Other company's within the Banking industry that declined today were: Mercantile Bancorp ( MBR), down 29.3%, Bank of the Carolinas ( BCAR), down 23.8%, Central Federal ( CFBK), down 18%, and Bank VA Chesterfield ( BOVA), down 17.7%.

Bank of Montreal, together with its subsidiaries, provides a range of retail banking, wealth management, and investment banking products and solutions in North America and internationally. Bank of Montreal has a market cap of $37.56 billion and is part of the financial sector. The company has a P/E ratio of 10.9, below the average banking industry P/E ratio of 11.1 and below the S&P 500 P/E ratio of 17.7. Shares are down 0.7% year to date as of the close of trading on Tuesday. Currently there are four analysts that rate Bank of Montreal a buy, two analysts rate it a sell, and two rate it a hold.

TheStreet Ratings rates Bank of Montreal as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, premium valuation and weak operating cash flow.

On the positive front, Royal Bancshares of Pennsylvania ( RBPAA), up 15.4%, Carver Bancorp ( CARV), up 14.9%, Carver Bancorp ( CARVD), up 14.9%, and PVF Capital ( PVFC), up 14.5%, were all gainers within the banking industry with Bank of America Corporation ( BAC) being today's featured banking industry winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the banking industry could consider KBW Bank ETF ( KBE) while those bearish on the banking industry could consider ProShares Short KBW Regional Bankng ( KRS).

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