Citigroup Inc (C): Today's Featured Banking Winner

The banking industry closed the day up 0.3%. Northern States Financial ( NSFC), Republic First Bancorp Inc ( FRBK), First Financial Service Corporation ( FFKY), and Plumas Bancorp ( PLBC) were all winners today within the banking industry with Citigroup Inc ( C) being today's featured banking winner. Citigroup Inc rose 45 cents (1.8%) to $24.84 on average volume. Throughout the day, 50.9 million shares of Citigroup Inc exchanged hands as compared to its average daily volume of 50.8 million shares.

Citigroup, Inc., a global financial services company, provides consumers, corporations, governments, and institutions with a range of financial products and services. The company operates through two segments, Citicorp and Citi Holdings. Citigroup Inc has a market cap of $67.4 billion and is part of the financial sector. The company has a P/E ratio of 7.2, equal to the average banking industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 51.1% year to date as of the close of trading on Tuesday.

TheStreet Ratings rates Citigroup as a hold. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income and attractive valuation levels. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year.

On the negative front, Old Second Bancorp Inc ( OSBC), FNB NC Corporation ( FNBN), Waccamaw Bankshares Inc ( WBNK), and Bank VA Chesterfield ( BOVA) were all losers within the banking industry with Fidelity Southern ( LION) 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).

null

More from Markets

Trump Takes Aim at Auto Imports; Markets End Mixed -- ICYMI

Trump Takes Aim at Auto Imports; Markets End Mixed -- ICYMI

Video: What Oprah's Content Partnership With Apple Means for the Rest of Tech

Video: What Oprah's Content Partnership With Apple Means for the Rest of Tech

REPLAY: Jim Cramer on the Markets, Oil, Starbucks, Tesla, Okta and Red Hat

REPLAY: Jim Cramer on the Markets, Oil, Starbucks, Tesla, Okta and Red Hat

Flashback Friday: The Market Movers

Flashback Friday: The Market Movers

OPEC Deal Doesn't Boost Production Enough to Drive Down Crude, Gasoline Prices

OPEC Deal Doesn't Boost Production Enough to Drive Down Crude, Gasoline Prices