Fifth Third Bancorp (FITB): Today's Featured Banking Loser

Fifth Third Bancorp ( FITB) pushed the Banking industry lower today making it today's featured Banking loser. The industry as a whole closed the day down 0.2%. By the end of trading, Fifth Third Bancorp fell 15 cents (-1.1%) to $13.77 on light volume. Throughout the day, 8.3 million shares of Fifth Third Bancorp exchanged hands as compared to its average daily volume of 11.3 million shares. The stock ranged in price between $13.71-$13.91 after having opened the day at $13.88 as compared to the previous trading day's close of $13.92. Other company's within the Banking industry that declined today were: 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%.

Fifth Third Bancorp operates as a diversified financial services holding company in the United States. Fifth Third Bancorp has a market cap of $12.6 billion and is part of the financial sector. The company has a P/E ratio of 8.9, equal to the average banking industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 7.6% year to date as of the close of trading on Tuesday. Currently there are 15 analysts that rate Fifth Third Bancorp a buy, one analyst rates it a sell, and eight rate it a hold.

TheStreet Ratings rates Fifth Third Bancorp as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

On the positive front, 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%, were all gainers within the banking industry with Toronto-Dominion Bank ( TD) 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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