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Credicorp Ltd (BAP): Today's Featured Banking Winner

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Credicorp ( BAP) pushed the Banking industry higher today making it today's featured banking winner. The industry as a whole closed the day down 1.0%. By the end of trading, Credicorp rose $1.89 (1.5%) to $130.19 on average volume. Throughout the day, 339,940 shares of Credicorp exchanged hands as compared to its average daily volume of 411,500 shares. The stock ranged in a price between $127.84-$131.93 after having opened the day at $129.13 as compared to the previous trading day's close of $128.30. Other companies within the Banking industry that increased today were: Old Point Financial Corporation ( OPOF), up 9.1%, Mackinac Financial Corporation ( MFNC), up 3.0%, Farmers Capital Bank Corporation ( FFKT), up 2.6% and BBX Capital ( BBX), up 2.6%.

Credicorp Ltd., through its subsidiaries, provides financial services primarily in Peru, the Cayman Islands, Bolivia, Chile, Colombia, and Panama. It operates in four segments: Banking, Insurance, Pension Funds, and Investment Banking. Credicorp has a market cap of $10.0 billion and is part of the financial sector. Shares are down 3.3% year to date as of the close of trading on Tuesday. Currently there are 4 analysts that rate Credicorp a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Credicorp as a hold. Among the primary strengths of the company is its expanding profit margins over time. At the same time, however, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and premium valuation.

On the negative front, Doral Financial ( DRL), down 10.8%, Hampton Roads Bankshares ( HMPR), down 6.2%, BofI ( BOFI), down 5.9% and Peapack Gladstone Financial Corporation ( PGC), down 5.8% , were all laggards within the banking industry with PNC Financial Services Group ( PNC) being today's banking industry laggard.

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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