Toronto-Dominion Bank (TD): Today's Featured Banking Winner

Toronto-Dominion Bank ( TD) pushed the Banking industry higher today making it today's featured banking winner. The industry as a whole closed the day down 0.2%. By the end of trading, Toronto-Dominion Bank rose 54 cents (0.7%) to $79.49 on light volume. Throughout the day, 399,989 shares of Toronto-Dominion Bank exchanged hands as compared to its average daily volume of 603,900 shares. The stock ranged in a price between $78.80-$79.76 after having opened the day at $79.07 as compared to the previous trading day's close of $78.95. Other companies within the Banking industry that increased today were: Village Bank and Trust Financial Corporatio ( VBFC), up 19.3%, Central Federal ( CFBK), up 17%, Broadway Financial ( BYFC), up 15.7%, and Royal Bancshares of Pennsylvania ( RBPAA), up 14.2%.

The Toronto-Dominion Bank, together with its subsidiaries, provides financial and banking services in North America and internationally. The company's Canadian Personal and Commercial Banking segment offers various financial products and services to personal and small business customers. Toronto-Dominion Bank has a market cap of $71.66 billion and is part of the financial sector. The company has a P/E ratio of 11.8, below the average banking industry P/E ratio of 12.1 and below the S&P 500 P/E ratio of 17.7. Shares are up 6.1% year to date as of the close of trading on Tuesday. Currently there are seven analysts that rate Toronto-Dominion Bank a buy, no analysts rate it a sell, and none rate it a hold.

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

On the negative front, Guaranty Federal ( GFED), down 20.5%, Credit Suisse ( DGAZ), down 17.1%, Monarch Community Bancorp ( MCBF), down 15.8%, and Severn Bancorp ( SVBI), down 14.5%, were all losers within the banking industry with Fifth Third Bancorp ( FITB) 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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