Banco Santander SA (SAN): Today's Featured Banking Loser

Banco Santander ( SAN) pushed the Banking industry lower today making it today's featured Banking loser. The industry as a whole closed the day down 0.5%. By the end of trading, Banco Santander fell 18 cents (-3.1%) to $5.55 on light volume. Throughout the day, six million shares of Banco Santander exchanged hands as compared to its average daily volume of 9.6 million shares. The stock ranged in price between $5.50-$5.59 after having opened the day at $5.54 as compared to the previous trading day's close of $5.73. Other company's within the Banking industry that declined today were: Broadway Financial ( BYFC), down 14.3%, Credit Suisse ( DOIL), down 13%, Mid Penn Bancorp ( MPB), down 12.3%, and TIB Financial ( TIBB), down 9.3%.

Banco Santander-Chile provides commercial and retail banking services to corporate and individual customers in Chile. Banco Santander has a market cap of $51.74 billion and is part of the financial sector. Shares are down 92.5% year to date as of the close of trading on Friday. Currently there are two analysts that rate Banco Santander a buy, one analyst rates it a sell, and one rates it a hold.

TheStreet Ratings rates Banco Santander as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins and notable return on equity. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, premium valuation and deteriorating net income.

On the positive front, United Security ( USBI), up 9.4%, Colony Bankcorp ( CBAN), up 8.2%, Credit Suisse ( DGAZ), up 7.6%, and Georgetown Bancorp ( GTWN), up 6.6%, were all gainers within the banking industry with Huntington ( HBAN) 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).

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