Comerica

(

CMA

) pushed the Banking industry higher today making it today's featured banking winner. The industry as a whole closed the day up 0.4%. By the end of trading, Comerica rose 32 cents (1.1%) to $30.23 on average volume. Throughout the day, 2.7 million shares of Comerica exchanged hands as compared to its average daily volume of 2.8 million shares. The stock ranged in a price between $29.57-$30.26 after having opened the day at $29.93 as compared to the previous trading day's close of $29.91. Other companies within the Banking industry that increased today were:

First Bancshares Inc /MO

(

FBSI

), up 20.8%,

BancTrust Financial Group

(

BTFG

), up 14%,

Carver Bancorp

(

CARV

), up 11.4%, and

Hampton Roads Bankshares

(

HMPR

), up 10.9%.

Comerica Incorporated, through its subsidiaries, provides financial products and services primarily in Texas, Arizona, California, Florida, and Michigan. Comerica has a market cap of $5.83 billion and is part of the

financial

sector. The company has a P/E ratio of 13.6, equal to the average banking industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 15.9% year to date as of the close of trading on Wednesday. Currently there are eight analysts that rate Comerica a buy, three analysts rate it a sell, and 15 rate it a hold.

TheStreet Ratings rates Comerica as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, good cash flow from operations and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

On the negative front,

BCSB Bankcorp

(

BCSB

), down 13.4%,

Yadkin Valley Financial Corporation

(

YAVY

), down 12.4%,

Crescent Financial

(

CRFN

), down 12.1%, and

OptimumBank Holdings

(

OPHC

), down 11.9%, were all losers within the banking industry with

Royal Bank of Canada

(

RY

) 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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