JPMorgan Chase

(

JPM

) pushed the Banking industry lower today making it today's featured Banking loser. The industry as a whole closed the day down 2.1%. By the end of trading, JPMorgan Chase fell $1.03 (-3.5%) to $28.38 on average volume. Throughout the day, 44.3 million shares of JPMorgan Chase exchanged hands as compared to its average daily volume of 46.1 million shares. The stock ranged in price between $28.33-$29.15 after having opened the day at $29.06 as compared to the previous trading day's close of $29.41. Other company's within the Banking industry that declined today were:

Northern States Financial

(

NSFC

), down 27.5%,

Dearborn Bancorp Inc

(

DEAR

), down 23.8%,

United Security

(

UBFO

), down 12.6%, and

Colony Bankcorp Inc

(

CBAN

), down 12.6%.

JPMorgan Chase & Co., a financial holding company, provides various financial services worldwide. JPMorgan Chase has a market cap of $113.65 billion and is part of the

financial

sector. The company has a P/E ratio of 6.4, equal to the average banking industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 30.7% year to date as of the close of trading on Tuesday.

TheStreet Ratings rates JPMorgan Chase as a

hold

. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, generally poor debt management and a generally disappointing performance in the stock itself.

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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