5 Stocks Moving The Banking Industry Upward

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 155 points (-1.0%) at 15,255 as of Wednesday, May 29, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 466 issues advancing vs. 2,548 declining with 68 unchanged.

The Banking industry currently sits down 0.55 versus the S&P 500, which is down 0.89.

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

5. Banco Santander ( SAN) is one of the companies pushing the Banking industry higher today. As of noon trading, Banco Santander is up $0.11 (1.57) to $7.26 on average volume Thus far, 3.7 million shares of Banco Santander exchanged hands as compared to its average daily volume of 6.6 million shares. The stock has ranged in price between $7.24-$7.32 after having opened the day at $7.28 as compared to the previous trading day's close of $7.15.

Banco Santander-Chile provides commercial and retail banking services to corporate and individual customers in Chile. Banco Santander has a market cap of $73.5 billion and is part of the financial sector. Shares are down 12.5% year to date as of the close of trading on Tuesday. 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.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

4. As of noon trading, PNC Financial Services Group ( PNC) is up $0.88 (1.24) to $71.91 on average volume Thus far, 1.4 million shares of PNC Financial Services Group exchanged hands as compared to its average daily volume of 2.9 million shares. The stock has ranged in price between $70.31-$71.96 after having opened the day at $70.50 as compared to the previous trading day's close of $71.03.

The PNC Financial Services Group, Inc. operates as a diversified financial services company in the United States and internationally. The company's Retail Banking segment provides deposit, lending, brokerage, investment management, and cash management services. PNC Financial Services Group has a market cap of $37.6 billion and is part of the financial sector. The company has a P/E ratio of 12.7, below the S&P 500 P/E ratio of 17.7. Shares are up 21.8% year to date as of the close of trading on Tuesday. Currently there are 16 analysts that rate PNC Financial Services Group a buy, 1 analyst rates it a sell, and 8 rate it a hold.

TheStreet Ratings rates PNC Financial Services Group as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, increase in stock price during the past year, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full PNC Financial Services Group Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

3. As of noon trading, State Street ( STT) is up $0.86 (1.28) to $68.01 on heavy volume Thus far, 2.6 million shares of State Street exchanged hands as compared to its average daily volume of 3.1 million shares. The stock has ranged in price between $66.77-$68.18 after having opened the day at $66.77 as compared to the previous trading day's close of $67.15.

State Street Corporation, a financial holding company, provides investment servicing and investment management services to institutional investors worldwide. State Street has a market cap of $29.4 billion and is part of the financial sector. The company has a P/E ratio of 14.9, below the S&P 500 P/E ratio of 17.7. Shares are up 42.9% year to date as of the close of trading on Tuesday. Currently there are 13 analysts that rate State Street a buy, 1 analyst rates it a sell, and 7 rate it a hold.

TheStreet Ratings rates State Street 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, attractive valuation levels, expanding profit margins and increase in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full State Street Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

2. As of noon trading, Citigroup ( C) is up $0.40 (0.77) to $52.19 on average volume Thus far, 16.2 million shares of Citigroup exchanged hands as compared to its average daily volume of 30.9 million shares. The stock has ranged in price between $51.30-$52.47 after having opened the day at $51.43 as compared to the previous trading day's close of $51.79.

Citigroup, Inc., a diversified financial services holding company, provides a range of financial products and services to consumers, corporations, governments, and institutions worldwide. The company operates through two segments, Citicorp and Citi Holdings. Citigroup has a market cap of $153.7 billion and is part of the financial sector. The company has a P/E ratio of 18.2, above the S&P 500 P/E ratio of 17.7. Shares are up 30.9% year to date as of the close of trading on Tuesday. Currently there are 18 analysts that rate Citigroup a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates Citigroup as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, attractive valuation levels, good cash flow from operations, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full Citigroup Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

1. As of noon trading, Bank of America Corporation ( BAC) is up $0.13 (0.94) to $13.48 on average volume Thus far, 71.5 million shares of Bank of America Corporation exchanged hands as compared to its average daily volume of 142.9 million shares. The stock has ranged in price between $13.27-$13.50 after having opened the day at $13.32 as compared to the previous trading day's close of $13.35.

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 $142.7 billion and is part of the financial sector. The company has a P/E ratio of 40.1, above the S&P 500 P/E ratio of 17.7. Shares are up 15.0% year to date as of the close of trading on Tuesday. Currently there are 9 analysts that rate Bank of America Corporation a buy, 1 analyst rates it a sell, and 15 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 impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. However, as a counter to these strengths, we find that the company has favored debt over equity in the management of its balance sheet. Get the full Bank of America Corporation Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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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