Banco Santander SA (SAN): Today's Featured Banking Winner - TheStreet

Banco Santander

(

SAN

) pushed the Banking industry higher today making it today's featured banking winner. The industry as a whole closed the day down 0.5%. By the end of trading, Banco Santander rose 9 cents (1.5%) to $6.15 on light volume. Throughout the day, 3.6 million shares of Banco Santander exchanged hands as compared to its average daily volume of 10.8 million shares. The stock ranged in a price between $5.97-$6.16 after having opened the day at $6.01 as compared to the previous trading day's close of $6.06. Other companies within the Banking industry that increased today were:

Ohio Legacy Corporation

(

OLCB

), up 13.5%,

CMS Bancorp

(

CMSB

), up 12.8%,

First Federal Bancshares of Arkansas

(

FFBH

), up 9.1%, and

Green Bankshares

(

GRNB

), up 8.2%.

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Banco Santander-Chile provides commercial and retail banking services to corporate and individual customers in Chile. Banco Santander has a market cap of $53.83 billion and is part of the

financial

sector. Shares are down 92.2% year to date as of the close of trading on Wednesday. Currently there are two analysts that rate Banco Santander a buy, two analysts rate it a sell, and one rates it a hold.

TheStreet Ratings rates Banco Santander as a

hold

. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins and notable return on equity. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, premium valuation and deteriorating net income.

On the negative front,

1st Century Bancshrs

(

FCTY

), down 12.4%,

Barclays

(

BCS

), down 12.1%,

Oak Ridge Financial Services

(

BKOR

), down 11.4%, and

Royal Bank of Scotland Group

(

RBS

), down 10%, were all losers within the banking industry with

Citigroup

(

C

) being today's banking industry loser.

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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