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

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.

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 0.9%. By the end of trading, People's United Financial rose 25 cents (2.1%) to $12.29 on heavy volume. Throughout the day, 10.1 million shares of People's United Financial exchanged hands as compared to its average daily volume of 3.2 million shares. The stock ranged in a price between $12.09-$12.46 after having opened the day at $12.45 as compared to the previous trading day's close of $12.04. Other companies within the Banking industry that increased today were: First Financial Service Corporation ( FFKY), up 7.9%, VelocityShares 3x Inverse Crude ETN ( DWTI), up 7%, Southwest Georgia Financial Corporation ( SGB), up 7%, and Sussex Bancorp ( SBBX), up 6.2%.
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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 $4.21 billion and is part of the financial sector. The company has a P/E ratio of 19, equal to the average banking industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are down 6.3% year to date as of the close of trading on Thursday. Currently there are two analysts that rate People's United Financial a buy, one analyst rates it a sell, and 13 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, impressive record of earnings per share growth, compelling growth in net income, attractive valuation levels 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 negative front, Howard Bancorp Incorporated Maryland ( HBMD), down 11.8%, Colony Bankcorp ( CBAN), down 10.5%, VelocityShares 3x Long Crude ETN ( UWTI), down 8%, and VelocityShares 2x Long Copper ETN ( LCPR), down 6.8%, were all laggards within the banking industry with Deutsche Bank ( DB) being today's banking industry laggard.

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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