3 Stocks Pushing The Banking Industry Higher

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

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 30 points (-0.2%) at 14,005 as of Wednesday, Feb. 20, 2013, 12:04 PM ET. The NYSE advances/declines ratio sits at 991 issues advancing vs. 1,875 declining with 138 unchanged.

The Banking industry currently sits down 0.3% versus the S&P 500, which is down 0.5%. A company within the industry that increased today was Shinhan Financial Group ( SHG), up 1.9%. A company within the industry that fell today was Lloyds Banking Group ( LYG), up 0.9%.

TheStreet Ratings group would like to highlight 3 stocks pushing the industry higher today:

3. Royal Bank of Scotland Group (The ( RBS) is one of the companies pushing the Banking industry higher today. As of noon trading, Royal Bank of Scotland Group (The is up $0.13 (1.2%) to $10.84 on light volume Thus far, 148,642 shares of Royal Bank of Scotland Group (The exchanged hands as compared to its average daily volume of 538,900 shares. The stock has ranged in price between $10.82-$10.92 after having opened the day at $10.88 as compared to the previous trading day's close of $10.71.

The Royal Bank of Scotland Group plc, through its subsidiaries, offers banking and financial products and services to personal, commercial, corporate, and institutional customers in the United Kingdom, the United States, and internationally. Royal Bank of Scotland Group (The has a market cap of $32.3 billion and is part of the financial sector. Shares are down 1.3% year to date as of the close of trading on Tuesday. Currently there is 1 analyst that rates Royal Bank of Scotland Group (The a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Royal Bank of Scotland Group (The as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity and feeble growth in its earnings per share. Get the full Royal Bank of Scotland Group (The Ratings Report now.

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2. As of noon trading, KB Financial Group ( KB) is up $0.60 (1.7%) to $35.40 on light volume Thus far, 49,666 shares of KB Financial Group exchanged hands as compared to its average daily volume of 186,300 shares. The stock has ranged in price between $35.40-$35.83 after having opened the day at $35.78 as compared to the previous trading day's close of $34.80.

KB Financial Group Inc., a financial holding company, provides various banking and related financial services to consumers and corporations in Korea and internationally. KB Financial Group has a market cap of $13.3 billion and is part of the financial sector. The company has a P/E ratio of 6.2, below the S&P 500 P/E ratio of 17.7. Shares are down 4.1% year to date as of the close of trading on Tuesday. Currently there is 1 analyst that rates KB Financial Group a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates KB Financial Group as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels and increase in net income. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity and a generally disappointing performance in the stock itself. Get the full KB Financial Group Ratings Report now.

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1. As of noon trading, Credit Suisse Group ( CS) is up $0.21 (0.7%) to $29.47 on light volume Thus far, 566,679 shares of Credit Suisse Group exchanged hands as compared to its average daily volume of 1.7 million shares. The stock has ranged in price between $29.41-$29.63 after having opened the day at $29.48 as compared to the previous trading day's close of $29.26.

Credit Suisse Group AG, together with its subsidiaries, operates as a financial services company. The company operates in three segments: Private Banking, Investment Banking, and Asset Management. Credit Suisse Group has a market cap of $37.3 billion and is part of the financial sector. The company has a P/E ratio of 9.5, below the S&P 500 P/E ratio of 17.7. Shares are up 17.4% year to date as of the close of trading on Tuesday. Currently there are 3 analysts that rate Credit Suisse Group a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Credit Suisse Group as a sell. The company's weaknesses can be seen in multiple areas, such as its disappointing return on equity and weak operating cash flow. Get the full Credit Suisse Group Ratings Report now.

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If you are interested in one of these 3 stocks, 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).

A reminder about TheStreet Ratings group: 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.

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