BanColombia SA (CIB): Today's Featured Financial Loser

BanColombia ( CIB) pushed the Financial sector lower today making it today's featured Financial loser. The sector as a whole closed the day up 1%. By the end of trading, BanColombia fell 52 cents (-0.8%) to $60.72 on average volume. Throughout the day, 507,123 shares of BanColombia exchanged hands as compared to its average daily volume of 356,000 shares. The stock ranged in price between $60.52-$61.68 after having opened the day at $61.09 as compared to the previous trading day's close of $61.24. Other company's within the Financial sector that declined today were: Credit Suisse ( DGAZ), down 42%, Jacksonville Bancorp Inc (FL ( JAXB), down 13.3%, Rodman & Renshaw Capital Group ( RODM), down 10.9%, and Direct Markets Holdings ( MKTS), down 10.9%.

Bancolombia S.A. provides various financial products and services to individual and corporate customers in Colombia, as well as in Panama, El Salvador, Puerto Rico, the Cayman Islands, Peru, Brazil, the United States, and Spain. BanColombia has a market cap of $7.78 billion and is part of the banking industry. The company has a P/E ratio of 11.2, below the average banking industry P/E ratio of 17 and below the S&P 500 P/E ratio of 17.7. Shares are up 0.2% year to date as of the close of trading on Wednesday. Currently there are no analysts that rate BanColombia a buy, five analysts rate it a sell, and one rates it a hold.

TheStreet Ratings rates BanColombia as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, compelling growth in net income, expanding profit margins and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

On the positive front, National Bank of Greece ( NBG), up 29.9%, Siebert Financial Corporation ( SIEB), up 13.9%, Ameriana Bancorp ( ASBI), up 12.1%, and Green Bankshares ( GRNB), up 11.8%, were all gainers within the financial sector with Bank of New York Mellon ( BK) being today's featured financial sector winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the financial sector could consider Financial Select Sector SPDR ( XLF) while those bearish on the financial sector could consider Proshares Short Financials ( SEF).

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