5 Stocks Pushing The Banking Industry Downward

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

Two out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 14 points (0.1%) at 15,368 as of Monday, May 20, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,885 issues advancing vs. 1,048 declining with 118 unchanged.

The Banking industry currently sits up 0.2% versus the S&P 500, which is up 0.1%.

TheStreet Ratings group would like to highlight 5 stocks pushing the industry lower today:

5. Lloyds Banking Group ( LYG) is one of the companies pushing the Banking industry lower today. As of noon trading, Lloyds Banking Group is down $0.04 (-1.2%) to $3.81 on average volume Thus far, 1.1 million shares of Lloyds Banking Group exchanged hands as compared to its average daily volume of 2.4 million shares. The stock has ranged in price between $3.79-$3.81 after having opened the day at $3.79 as compared to the previous trading day's close of $3.85.

Lloyds Banking Group plc provides banking and financial services to personal, commercial, and corporate customers in the United Kingdom and internationally. The company operates in four divisions: Retail; Commercial Banking; Wealth, Asset Finance, and International; and Insurance. Lloyds Banking Group has a market cap of $65.5 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 up 20.3% year to date as of the close of trading on Friday.

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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4. As of noon trading, National Bank of Greece ( NBG) is down $0.68 (-28.4%) to $1.71 on heavy volume Thus far, 39.8 million shares of National Bank of Greece exchanged hands as compared to its average daily volume of 5.6 million shares. The stock has ranged in price between $1.33-$2.17 after having opened the day at $2.16 as compared to the previous trading day's close of $2.39.

National Bank of Greece S.A., together with its subsidiaries, provides diversified financial services primarily in Greece. National Bank of Greece has a market cap of $1.9 billion and is part of the financial sector. Shares are up 33.5% year to date as of the close of trading on Friday.

TheStreet Ratings rates National Bank of Greece as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, weak operating cash flow, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share. Get the full National Bank of Greece Ratings Report now.

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3. As of noon trading, Mitsubishi UFJ Financial Group ( MTU) is down $0.07 (-1.0%) to $6.83 on average volume Thus far, 1.9 million shares of Mitsubishi UFJ Financial Group exchanged hands as compared to its average daily volume of 3.7 million shares. The stock has ranged in price between $6.80-$6.86 after having opened the day at $6.85 as compared to the previous trading day's close of $6.90.

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 $96.5 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 27.3% year to date as of the close of trading on Friday.

TheStreet Ratings rates Mitsubishi UFJ Financial Group as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity and feeble growth in the company's earnings per share. Get the full Mitsubishi UFJ Financial Group Ratings Report now.

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2. As of noon trading, HDFC Bank ( HDB) is down $0.65 (-1.5%) to $42.34 on light volume Thus far, 117,879 shares of HDFC Bank exchanged hands as compared to its average daily volume of 720,600 shares. The stock has ranged in price between $42.30-$43.00 after having opened the day at $42.92 as compared to the previous trading day's close of $42.99.

HDFC Bank Limited, together with its subsidiaries, provides retail banking, wholesale banking, treasury, and other financial services to individual and business customers in India. HDFC Bank has a market cap of $33.4 billion and is part of the financial sector. The company has a P/E ratio of 34.4, above the S&P 500 P/E ratio of 17.7. Shares are up 5.6% year to date as of the close of trading on Friday.

TheStreet Ratings rates HDFC Bank as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, expanding profit margins, solid stock price performance and increase in net income. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. Get the full HDFC Bank Ratings Report now.

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1. As of noon trading, Banco Santander ( SAN) is down $0.07 (-1.0%) to $7.09 on average volume Thus far, 2.7 million shares of Banco Santander exchanged hands as compared to its average daily volume of 6.3 million shares. The stock has ranged in price between $7.02-$7.10 after having opened the day at $7.04 as compared to the previous trading day's close of $7.16.

Banco Santander-Chile provides commercial and retail banking services to corporate and individual customers in Chile. Banco Santander has a market cap of $74.1 billion and is part of the financial sector. Shares are down 12.4% year to date as of the close of trading on Friday.

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.

Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100%. See his top picks for 14-days FREE.

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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