Regions Financial Corporation (RF): 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.

Regions Financial Corporation ( RF) pushed the Banking industry lower today making it today's featured Banking laggard. The industry as a whole closed the day down 0.9%. By the end of trading, Regions Financial Corporation fell 25 cents (-3.1%) to $7.71 on average volume. Throughout the day, 14.6 million shares of Regions Financial Corporation exchanged hands as compared to its average daily volume of 15.7 million shares. The stock ranged in price between $7.70-$7.94 after having opened the day at $7.92 as compared to the previous trading day's close of $7.96. Other companies within the Banking industry that declined today were: Jacksonville Bancorp Inc (FL ( JAXB), down 24.2%, Village Bank and Trust Financial Corporatio ( VBFC), down 15.3%, Credit Suisse ( UOIL), down 7.1%, and First Financial Service Corporation ( FFKY), down 6.9%.
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Regions Financial Corporation operates as the holding company for Regions Bank that provides a range of commercial, retail, and mortgage banking services in the United States. Regions Financial Corporation has a market cap of $11.09 billion and is part of the financial sector. The company has a P/E ratio of 17.1, below the S&P 500 P/E ratio of 17.7. Shares are up 10.1% year to date as of the close of trading on Tuesday. Currently there are seven analysts that rate Regions Financial Corporation a buy, two analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates Regions Financial Corporation as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, attractive valuation levels and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

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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