The

banking

industry closed the day up 2.3%.

Bank VA Chesterfield

(

BOVA

),

Summit Financial Group Inc

(

SMMF

),

Kentucky First Federal Bancorp

(

KFFB

), and

Tennessee Commerce Bancorp Inc

(

TNCC

) were all winners today within the banking industry with

Bank of America Corporation

(

BAC

) being today's featured banking winner. Bank of America Corporation rose 19 cents (3.1%) to $6.35 on average volume. Throughout the day, 209.8 million shares of Bank of America Corporation exchanged hands as compared to its average daily volume of 279.5 million shares.

Bank of America Corporation, through its subsidiaries, provides banking and financial services to individuals, small- and middle-market businesses, corporations, and governments primarily in the United States and internationally. Bank of America Corporation has a market cap of $65.7 billion and is part of the

financial

sector. Shares are down 53.8% year to date as of the close of trading on Wednesday.

TheStreet Ratings rates Bank of America 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 deteriorating net income, generally poor debt management and disappointing return on equity.

On the negative front,

Oak Valley Bancorp

(

OVLY

),

Mercantile Bancorp Inc

(

MBR

),

FNB NC Corporation

(

FNBN

), and

Green Bankshares Inc

(

GRNB

) were all losers within the banking industry with

Porter Bancorp Inc

(

PBIB

) being today's banking industry Loser Spotlight stock.

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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