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 15 cents (2.5%) to $6.08 on light volume. Throughout the day, 6.2 million shares of Banco Santander exchanged hands as compared to its average daily volume of 8.6 million shares. The stock ranged in a price between $6.01-$6.14 after having opened the day at $6.04 as compared to the previous trading day's close of $5.93. Other companies within the Banking industry that increased today were:

Ohio Legacy Corporation

(

OLCB

), up 16.7%,

Anchor Bancorp

(

ANCB

), up 14.6%,

Bank of the James Financial Group

(

BOTJ

), up 13.3%, and

Carver Bancorp

(

CARV

), up 10.9%.

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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 $49.74 billion and is part of the

financial

sector. Shares are down 93.3% year to date as of the close of trading on Friday. Currently there are two analysts that rate Banco Santander a buy, one analyst rates 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,

Summit Financial Group

(

SMMF

), down 18.8%,

Credit Suisse

(

DGAZ

), down 17.5%,

Bank VA Chesterfield

(

BOVA

), down 9.1%, and

Broadway Financial

(

BYFC

), down 9.1%, were all laggards within the banking industry with

BB&T

(

BBT

) 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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