Royal Bank of Canada ( RY) pushed the Banking industry lower today making it today's featured Banking loser. The industry as a whole closed the day up 0.6%. By the end of trading, Royal Bank of Canada fell $2.70 (-5.5%) to $46.22 on average volume. Throughout the day, 1.6 million shares of Royal Bank of Canada exchanged hands as compared to its average daily volume of 1.2 million shares. The stock ranged in price between $46.14-$46.96 after having opened the day at $46.93 as compared to the previous trading day's close of $48.92. Other company's within the Banking industry that declined today were: Carrollton Bancorp ( CRRB), down 22.1%, First Bancorp ( FBNC), down 18.8%, Northern States Financial ( NSFC), down 16%, and Central Federal ( CFBK), down 13.8%.

Royal Bank of Canada provides personal and commercial banking, wealth management services, insurance, corporate and investment banking, and transaction processing services under the RBC name worldwide. Royal Bank of Canada has a market cap of $71.8 billion and is part of the financial sector. The company has a P/E ratio of 12.2, below the average banking industry P/E ratio of 17.1 and below the S&P 500 P/E ratio of 17.7. Shares are down 6.6% year to date as of the close of trading on Monday.

TheStreet Ratings rates Royal Bank of Canada as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and deteriorating net income.

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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