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.

All three major indices are trading down today with the

Dow Jones Industrial Average

(

^DJI

) trading down 25 points (-0.1%) at 16,936 as of Monday, July 28, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,030 issues advancing vs. 1,900 declining with 205 unchanged.

The Banking industry currently sits down 0.4% versus the S&P 500, which is down 0.2%. Top gainers within the industry include

Woori Finance Holdings

(

WF

), up 3.7%, and

Shinhan Financial Group

(

SHG

), up 2.6%. A company within the industry that fell today was

Royal Bank of Scotland Group (The

(

RBS

), up 3.3%.

TheStreet would like to highlight 3 stocks pushing the industry higher today:

3.

Mitsubishi UFJ Financial Group

(

MTU

) is one of the companies pushing the Banking industry higher today. As of noon trading, Mitsubishi UFJ Financial Group is up $0.10 (1.7%) to $5.95 on average volume. Thus far, 615,109 shares of Mitsubishi UFJ Financial Group exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $5.92-$5.97 after having opened the day at $5.92 as compared to the previous trading day's close of $5.85.

Mitsubishi UFJ Financial Group, Inc., through its subsidiaries, provides financial services in Japan and internationally. Mitsubishi UFJ Financial Group has a market cap of $83.0 billion and is part of the financial sector. Shares are down 12.4% year-to-date as of the close of trading on Friday. Currently there are 2 analysts who rate Mitsubishi UFJ Financial Group a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates

Mitsubishi UFJ Financial Group

as a

hold

. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, a generally disappointing performance in the stock itself and feeble growth in the company's earnings per share. Get the full

Mitsubishi UFJ Financial Group Ratings Report

now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

2. As of noon trading,

Canadian Imperial Bank of Commerce

(

CM

) is up $0.73 (0.8%) to $93.59 on light volume. Thus far, 54,261 shares of Canadian Imperial Bank of Commerce exchanged hands as compared to its average daily volume of 145,000 shares. The stock has ranged in price between $92.80-$93.78 after having opened the day at $92.86 as compared to the previous trading day's close of $92.86.

Canadian Imperial Bank of Commerce, a diversified financial institution, provides various financial products and services to individuals, small businesses, and commercial, corporate, and institutional clients in Canada and internationally. Canadian Imperial Bank of Commerce has a market cap of $37.1 billion and is part of the financial sector. Shares are up 8.7% year-to-date as of the close of trading on Friday. Currently there are 2 analysts who rate Canadian Imperial Bank of Commerce a buy, 1 analyst rates it a sell, and 2 rate it a hold.

TheStreet Ratings rates

Canadian Imperial Bank of Commerce

as a

hold

. The company's strengths can be seen in multiple areas, such as its expanding profit margins, solid stock price performance and notable return on equity. However, as a counter to these strengths, we also find weaknesses including deteriorating net income and weak operating cash flow. Get the full

Canadian Imperial Bank of Commerce Ratings Report

now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

1. As of noon trading,

BanColombia

(

CIB

) is up $1.89 (3.0%) to $64.79 on average volume. Thus far, 196,111 shares of BanColombia exchanged hands as compared to its average daily volume of 296,100 shares. The stock has ranged in price between $63.25-$64.87 after having opened the day at $63.28 as compared to the previous trading day's close of $62.90.

Bancolombia S.A., a full service financial institution, provides various banking products and services to individual and corporate customers. BanColombia has a market cap of $8.0 billion and is part of the financial sector. Shares are up 28.3% year-to-date as of the close of trading on Friday. Currently there is 1 analyst who rates BanColombia a buy, 2 analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates

BanColombia

as a

hold

. The company's strengths can be seen in multiple areas, such as its expanding profit margins and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share and deteriorating net income. Get the full

BanColombia Ratings Report

now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

If you are interested in one of these 3 stocks, 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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