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PNC Financial Services Group



) pushed the Banking industry lower today making it today's featured Banking laggard. The industry as a whole closed the day down 0.1%. By the end of trading, PNC Financial Services Group fell 74 cents (-1.2%) to $59.08 on average volume. Throughout the day, 3.1 million shares of PNC Financial Services Group exchanged hands as compared to its average daily volume of 3.2 million shares. The stock ranged in price between $59.08-$59.82 after having opened the day at $59.68 as compared to the previous trading day's close of $59.82. Other company's within the Banking industry that declined today were:

Ohio Legacy Corporation



), down 15%,

Central Federal



), down 11.9%,

Bank of the James Financial Group



), down 11.6%, and

First Citizens Banc



), down 9.1%.

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The PNC Financial Services Group, Inc. operates as a diversified financial services company in the United States and internationally. The company's Retail Banking segment provides deposit, lending, brokerage, investment management, and cash management services. PNC Financial Services Group has a market cap of $31.49 billion and is part of the


sector. The company has a P/E ratio of 13.3, above the average banking industry P/E ratio of 12.4 and below the S&P 500 P/E ratio of 17.7. Shares are up 3.7% year to date as of the close of trading on Monday. Currently there are 18 analysts that rate PNC Financial Services Group a buy, no analysts rate it a sell, and seven rate it a hold.

TheStreet Ratings rates PNC Financial Services Group as a


. The company's strengths can be seen in multiple areas, such as its expanding profit margins, attractive valuation levels and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front,

Mackinac Financial Corporation



), up 11.4%,

Broadway Financial



), up 11%,

Valley Financial



), up 10.5%, and

First United



), up 9.5%, were all gainers within the banking industry with

State Street



) being today's featured banking industry leader.

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) while those bearish on the banking industry could consider

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