The banking industry closed the day up 2.4%. AmeriServ Financial Inc ( ASRV), First Financial Holdings Inc ( FFCH), Home Federal Bancorp Inc ( HOME), and International Bancshares Corporation ( IBOC) were all winners today within the banking industry with Bank of America Corporation ( BAC) being today's featured banking winner. Bank of America Corporation rose 12 cents (2.1%) to $5.65 on average volume. Throughout the day, 405 million shares of Bank of America Corporation exchanged hands as compared to its average daily volume of 276.1 million shares.

Bank of America Corporation, through its subsidiaries, provides banking and financial services to individuals, small- and middle-market businesses, corporations, and governments primarily in the United States and internationally. Bank of America Corporation has a market cap of $62 billion and is part of the financial sector. Shares are down 58.5% year to date as of the close of trading on Monday.

TheStreet Ratings rates Bank of America as a hold. Among the primary strengths of the company is its expanding profit margins over time. At the same time, however, we also find weaknesses including deteriorating net income, generally poor debt management and disappointing return on equity.

On the negative front, Plumas Bancorp ( PLBC), First Federal of Northern Michigan Bancorp ( FFNM), Summit Financial Group Inc ( SMMF), and Stewardship Financial Corporation ( SSFN) were all losers within the banking industry with UBS ( UBS) being today's banking industry Loser Spotlight stock.

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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