Toronto-Dominion Bank ( TD) pushed the Banking industry lower today making it today's featured Banking loser. The industry as a whole closed the day down 0.4%. By the end of trading, Toronto-Dominion Bank fell 74 cents (-1.1%) to $65.29 on light volume. Throughout the day, 359,663 shares of Toronto-Dominion Bank exchanged hands as compared to its average daily volume of 818,400 shares. The stock ranged in price between $65.20-$66.01 after having opened the day at $65.56 as compared to the previous trading day's close of $66.03. Other company's within the Banking industry that declined today were: Mercantile Bancorp Inc ( MBR), down 35.5%, Princeton National Bancorp Inc ( PNBC), down 16.5%, Green Bankshares Inc ( GRNB), down 13.1%, and Central Virginia Bankshares Inc ( CVBK), down 11.2%.

The Toronto-Dominion Bank, together with its subsidiaries, provides various banking and financial services in North America and internationally. The company operates in four segments: Canadian Personal and Commercial Banking, Wealth Management, U.S. Toronto-Dominion Bank has a market cap of $59.38 billion and is part of the financial sector. The company has a P/E ratio of 11, equal to the average banking industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 11.1% year to date as of the close of trading on Wednesday.

TheStreet Ratings rates Toronto-Dominion as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, expanding profit margins, good cash flow from operations and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

On the positive front, Central Federal ( CFBK), up 28.8%, First Financial Service Corporation ( FFKY), up 19.4%, United Security ( UBFO), up 14.4%, and Yadkin Valley Financial Corporation ( YAVY), up 13.5%, were all gainers within the banking industry with U.S. Bancorp ( USB) being today's featured banking industry winner.

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