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

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

Fifth Third Bancorp ( FITB) pushed the Banking industry lower today making it today's featured Banking laggard. The industry as a whole was unchanged today. By the end of trading, Fifth Third Bancorp fell 37 cents (-2.4%) to $15 on heavy volume. Throughout the day, 19.4 million shares of Fifth Third Bancorp exchanged hands as compared to its average daily volume of 9.9 million shares. The stock ranged in price between $14.98-$15.48 after having opened the day at $15.47 as compared to the previous trading day's close of $15.37. Other companies within the Banking industry that declined today were: Anchor Bancorp ( ANCB), down 10%, Jacksonville Bancorp Inc (FL ( JAXB), down 7.4%, Village Bank and Trust Financial Corporatio ( VBFC), down 6.7%, and Colony Bankcorp ( CBAN), down 6.6%.
  • ACTIVE STOCK TRADERS: Get full access to Jim Cramer's thoughts for less than $3/week - sometimes before he says them on TV! Start with a 14-Day Free Trial.

Fifth Third Bancorp operates as a diversified financial services holding company in the United States. Fifth Third Bancorp has a market cap of $14.03 billion and is part of the financial sector. The company has a P/E ratio of 9.7, equal to the average banking industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 20.8% year to date as of the close of trading on Monday. Currently there are 10 analysts that rate Fifth Third Bancorp a buy, one analyst rates it a sell, and 13 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, growth in earnings per share, increase in net income and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the positive front, Plumas Bancorp ( PLBC), up 13.3%, Southcoast Financial Corporation ( SOCB), up 11.8%, First South Bancorp ( FSBK), up 11.3%, and MBT Financial Corporation ( MBTF), up 11.1%, were all gainers within the banking industry with State Street ( STT) being today's featured banking industry leader.

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).

FREE from Real Money's Jim Cramer: Winners and Losers Election 2012 - Steps to take NOW so you can profit no matter who is in charge! Free download now.
null

If you liked this article you might like

One Trade You Need to Make Monday

One Trade You Need to Make Monday

President Trump's Trade War Begins

President Trump's Trade War Begins

Bonus White Paper: How to Play a Resurgent Banking Sector
Your February Paycheck Could See a Little Bump, Thanks to the New Tax Bill

Your February Paycheck Could See a Little Bump, Thanks to the New Tax Bill

8 Great Financial Stocks for 2018

8 Great Financial Stocks for 2018