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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.




) pushed the Banking industry lower today making it today's featured Banking laggard. The industry as a whole was unchanged today. By the end of trading, HDFC Bank fell $0.60 (-1.7%) to $34.00 on average volume. Throughout the day, 965,227 shares of HDFC Bank exchanged hands as compared to its average daily volume of 984,800 shares. The stock ranged in price between $33.89-$34.93 after having opened the day at $34.93 as compared to the previous trading day's close of $34.60. Other companies within the Banking industry that declined today were:

Bay Bancorp



), down 6.6%,

Georgetown Bancorp



), down 5.1%,

Central Valley Community Bancorp



TheStreet Recommends

), down 5.1% and

First Capital Bancorp



), down 4.4%.

HDFC Bank Limited, together with its subsidiaries, provides a range of financial products and services to individuals and businesses in India, as well as in Bahrain and Hong Kong. The company operates in four segments: Retail Banking, Wholesale Banking, Treasury, and Other Banking Operations. HDFC Bank has a market cap of $27.6 billion and is part of the financial sector. Shares are down 15.0% year to date as of the close of trading on Tuesday. Currently there are 2 analysts that rate HDFC Bank a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates


as a


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

On the positive front,

United Bancorp



), up 8.4%,

BCB Bancorp



), up 6.4%,

First Financial Service Corporation



), up 5.8% and

Village Bank and Trust Financial Corporatio



), up 5.8% , were all gainers within the banking industry with

Ocwen Financial Corporation



) being today's featured banking industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the banking industry could consider




) while those bearish on the banking industry could consider

ProShares Short KBW Regional Bankng




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