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. Credit Suisse Group ( CS) pushed the Banking industry lower today making it today's featured Banking laggard. The industry as a whole closed the day down 1%. By the end of trading, Credit Suisse Group fell 35 cents (-1.5%) to $22.85 on light volume. Throughout the day, 1.1 million shares of Credit Suisse Group exchanged hands as compared to its average daily volume of 2.5 million shares. The stock ranged in price between $22.84-$23.23 after having opened the day at $22.99 as compared to the previous trading day's close of $23.20. Other companies within the Banking industry that declined today were: Porter Bancorp ( PBIB), down 13.6%, National Bankshares ( NKSH), down 9.3%, National Bank of Greece ( NBG), down 8.7%, and American River Bankshares ( AMRB), down 8.7%.
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