4 Stocks Underperforming Today In The Banking Industry

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 up today with the Dow Jones Industrial Average ( ^DJI) trading up 79 points (0.6%) at 14,527 as of Tuesday, March 26, 2013, 12:49 PM ET. The NYSE advances/declines ratio sits at 1,808 issues advancing vs. 1,104 declining with 127 unchanged.

The Banking industry currently is unchanged today versus the S&P 500, which is up 0.4%. Top gainers within the industry include BanColombia ( CIB), up 2.4%, Shinhan Financial Group ( SHG), up 2.0% and State Street ( STT), up 1.0%.

TheStreet Ratings group would like to highlight 4 stocks pushing the industry lower today:

4. Lloyds Banking Group ( LYG) is one of the companies pushing the Banking industry lower today. As of noon trading, Lloyds Banking Group is down $0.01 (-0.3%) to $2.89 on light volume Thus far, 650,396 shares of Lloyds Banking Group exchanged hands as compared to its average daily volume of 2.1 million shares. The stock has ranged in price between $2.86-$2.91 after having opened the day at $2.86 as compared to the previous trading day's close of $2.90.

Lloyds Banking Group plc provides banking and financial services to personal and corporate customers primarily in the United Kingdom. The company's Retail division provides banking, mortgages, and other financial services to personal customers. Lloyds Banking Group has a market cap of $51.1 billion and is part of the financial sector. The company has a P/E ratio of 11.9, below the S&P 500 P/E ratio of 17.7. Shares are down 9.4% year to date as of the close of trading on Monday. Currently there are 2 analysts that rate Lloyds Banking Group a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Lloyds Banking Group as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, expanding profit margins and notable return on equity. However, as a counter to these strengths, we find that the growth in the company's net income has been quite unimpressive. Get the full Lloyds Banking Group Ratings Report now.

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3. As of noon trading, Mitsubishi UFJ Financial Group ( MTU) is down $0.02 (-0.4%) to $5.92 on light volume Thus far, 618,053 shares of Mitsubishi UFJ Financial Group exchanged hands as compared to its average daily volume of 2.2 million shares. The stock has ranged in price between $5.89-$5.94 after having opened the day at $5.92 as compared to the previous trading day's close of $5.95.

Mitsubishi UFJ Financial Group, Inc., through its subsidiaries, provides financial services to individual and corporate customers in Japan and internationally. Mitsubishi UFJ Financial Group has a market cap of $85.2 billion and is part of the financial sector. The company has a P/E ratio of 30.6, above the S&P 500 P/E ratio of 17.7. Shares are up 9.8% year to date as of the close of trading on Monday. Currently there are 2 analysts that rate Mitsubishi UFJ Financial Group a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Mitsubishi UFJ Financial Group as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income and expanding profit margins. However, as a counter to these strengths, we find that the company's return on equity has been disappointing. Get the full Mitsubishi UFJ Financial Group Ratings Report now.

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2. As of noon trading, Banco Santander ( SAN) is down $0.16 (-2.3%) to $6.87 on heavy volume Thus far, 11.2 million shares of Banco Santander exchanged hands as compared to its average daily volume of 4.6 million shares. The stock has ranged in price between $6.81-$6.98 after having opened the day at $6.92 as compared to the previous trading day's close of $7.03.

Banco Santander-Chile provides commercial and retail banking services to corporate and individual customers in Chile. Banco Santander has a market cap of $73.9 billion and is part of the financial sector. Shares are down 14.0% year to date as of the close of trading on Monday. Currently there are no analysts that rate Banco Santander a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates Banco Santander as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins and notable return on equity. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, premium valuation and deteriorating net income. Get the full Banco Santander Ratings Report now.

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1. As of noon trading, Bank of America Corporation ( BAC) is down $0.16 (-1.3%) to $12.24 on average volume Thus far, 86.9 million shares of Bank of America Corporation exchanged hands as compared to its average daily volume of 164.3 million shares. The stock has ranged in price between $12.15-$12.50 after having opened the day at $12.45 as compared to the previous trading day's close of $12.40.

Bank of America Corporation, through its subsidiaries, provides various banking and financial products and services for individual consumers, small and middle market businesses, institutional investors, corporations, and governments in the United States and internationally. Bank of America Corporation has a market cap of $135.9 billion and is part of the financial sector. The company has a P/E ratio of 50.2, above the S&P 500 P/E ratio of 17.7. Shares are up 6.8% year to date as of the close of trading on Monday. Currently there are 11 analysts that rate Bank of America Corporation a buy, 1 analyst rates it a sell, and 14 rate it a hold.

TheStreet Ratings rates Bank of America Corporation as a hold. The company's strengths can be seen in multiple areas, such as its expanding profit margins, solid stock price performance and notable return on equity. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, generally higher debt management risk and weak operating cash flow. Get the full Bank of America Corporation Ratings Report now.

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If you are interested in one of these 5 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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