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 closed the day up 0.1%. By the end of trading, Regions Financial Corporation fell $0.20 (-1.9%) to $10.22 on average volume. Throughout the day, 19,435,746 shares of Regions Financial Corporation exchanged hands as compared to its average daily volume of 16,390,700 shares. The stock ranged in price between $10.22-$10.52 after having opened the day at $10.46 as compared to the previous trading day's close of $10.42. Other companies within the Banking industry that declined today were:
), down 12.0%,
), down 9.5%,
), down 9.3% and
River Valley Bancorp
), down 9.0%.
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Regions Financial Corporation, together with its subsidiaries, provides banking and bank-related services to individual and corporate customers in the United States. The company operates in three segments: Business Services, Consumer Services, and Wealth Management. Regions Financial Corporation has a market cap of $14.7 billion and is part of the financial sector. Shares are up 46.1% year to date as of the close of trading on Tuesday. Currently there are 7 analysts that rate Regions Financial Corporation a buy, 1 analyst rates it a sell, and 10 rate it a hold.
TheStreet Ratings rates
Regions Financial Corporation
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, good cash flow from operations and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.
- You can view the full Regions Financial Corporation Ratings Report.
On the positive front,
), up 8.0%,
), up 6.0%,
), up 5.9% and
), up 5.9% , were all gainers within the banking industry with
) being today's featured banking industry leader.
- Use our banking section to find industry-relevant news.
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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
- Find other investment ideas from our top rated ETFs lists.