RBS, CS And DB, 3 Banking Stocks Pushing The Industry Lower

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 47 points (0.3%) at 15,382 as of Tuesday, May 21, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,570 issues advancing vs. 1,367 declining with 136 unchanged.

The Banking industry currently sits down 0.22 versus the S&P 500, which is up 0.2%. On the negative front, top decliners within the industry include Lloyds Banking Group ( LYG), down 1.57, HDFC Bank ( HDB), down 1.34, Mitsubishi UFJ Financial Group ( MTU), down 1.18 and Banco Santander ( SAN), down 0.70.

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

3. Royal Bank of Scotland Group (The ( RBS) is one of the companies pushing the Banking industry lower today. As of noon trading, Royal Bank of Scotland Group (The is down $0.41 (-3.8%) to $10.40 on heavy volume Thus far, 874,615 shares of Royal Bank of Scotland Group (The exchanged hands as compared to its average daily volume of 655,200 shares. The stock has ranged in price between $10.26-$10.42 after having opened the day at $10.39 as compared to the previous trading day's close of $10.81.

The Royal Bank of Scotland Group plc, through its subsidiaries, provides banking and financial products and services to personal, commercial, corporate, and institutional customers worldwide. Royal Bank of Scotland Group (The has a market cap of $31.5 billion and is part of the financial sector. Shares are up 0.2% year to date as of the close of trading on Monday.

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, Credit Suisse Group ( CS) is down $0.50 (-1.7%) to $29.67 on average volume Thus far, 1.2 million 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 $29.46-$29.80 after having opened the day at $29.66 as compared to the previous trading day's close of $30.17.

Credit Suisse Group AG, together with its subsidiaries, provides various financial services to private, corporate, institutional, and government clients, as well as high-net-worth individuals worldwide. Credit Suisse Group has a market cap of $40.7 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 23.2% year to date as of the close of trading on Monday.

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.

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.

1. As of noon trading, Deutsche Bank ( DB) is down $0.67 (-1.4%) to $47.38 on average volume Thus far, 952,514 shares of Deutsche Bank exchanged hands as compared to its average daily volume of 2.1 million shares. The stock has ranged in price between $46.89-$47.46 after having opened the day at $47.24 as compared to the previous trading day's close of $48.05.

Deutsche Bank Aktiengesellschaft provides investment, financial, and related products and services. Deutsche Bank has a market cap of $45.0 billion and is part of the financial sector. The company has a P/E ratio of 146.8, above the S&P 500 P/E ratio of 17.7. Shares are up 9.4% year to date as of the close of trading on Monday.

TheStreet Ratings rates Deutsche Bank as a sell. Among the areas we feel are negative, one of the most important has been an overall disappointing return on equity. Get the full Deutsche Bank 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 4 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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