People's United Financial Inc. (PBCT): Today's Featured Banking Winner

People's United Financial ( PBCT) pushed the Banking industry higher today making it today's featured banking winner. The industry as a whole closed the day down 0.6%. By the end of trading, People's United Financial rose 6 cents (0.5%) to $11.89 on average volume. Throughout the day, 3.7 million shares of People's United Financial exchanged hands as compared to its average daily volume of 3.8 million shares. The stock ranged in a price between $11.69-$11.92 after having opened the day at $11.74 as compared to the previous trading day's close of $11.83. Other companies within the Banking industry that increased today were: Central Federal ( CFBK), up 26.6%, Jefferson ( JFBI), up 15.6%, Credit Suisse ( DGAZ), up 15.4%, and Carver Bancorp ( CARV), up 13.3%.

People's United Financial, Inc. operates as the bank holding company for People's United Bank that provides commercial banking, retail and business banking, and wealth management services to individual, corporate, and municipal customers. People's United Financial has a market cap of $4.22 billion and is part of the financial sector. The company has a P/E ratio of 20.1, equal to the average banking industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are down 7.9% year to date as of the close of trading on Thursday. Currently there are three analysts that rate People's United Financial a buy, one analyst rates it a sell, and 12 rate it a hold.

TheStreet Ratings rates People's United Financial as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, good cash flow from operations, expanding profit margins 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 negative front, Preferred Bank ( PFBC), down 17.2%, Hampton Roads Bankshares ( HMPR), down 13.4%, Village Bank and Trust Financial Corporatio ( VBFC), down 11%, and PSB Holdings ( PSBH), down 10.9%, were all losers within the banking industry with U.S. Bancorp ( USB) being today's banking industry loser.

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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