First Republic Bank (San Francisco CA) (FRC): Today's Featured Banking Winner

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

First Republic Bank (San Francisco CA ( FRC) pushed the Banking industry higher today making it today's featured banking winner. The industry as a whole closed the day down 0.7%. By the end of trading, First Republic Bank (San Francisco CA rose $0.53 (1.4%) to $37.43 on average volume. Throughout the day, 1,004,391 shares of First Republic Bank (San Francisco CA exchanged hands as compared to its average daily volume of 954,900 shares. The stock ranged in a price between $36.71-$37.60 after having opened the day at $36.78 as compared to the previous trading day's close of $36.90. Other companies within the Banking industry that increased today were: First Security Group ( FSGI), up 8.4%, First Financial Service Corporation ( FFKY), up 7.0%, HMN Financial ( HMNF), up 5.2% and Colonial Financial Services ( COBK), up 4.2%.
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First Republic Bank, together with its subsidiaries, provides personalized, relationship-based preferred banking, business banking, real estate lending, trust, and wealth management services to clients in metropolitan areas of the United States. First Republic Bank (San Francisco CA has a market cap of $4.9 billion and is part of the financial sector. The company has a P/E ratio of 16.6, below the S&P 500 P/E ratio of 17.7. Shares are up 14.7% year to date as of the close of trading on Tuesday. Currently there are 7 analysts that rate First Republic Bank (San Francisco CA a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates First Republic Bank (San Francisco CA as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, expanding profit margins, increase in stock price during the past year and compelling growth in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the negative front, Credit Suisse ( DOIL), down 8.5%, Cordia Bancorp ( BVA), down 4.7%, Porter Bancorp ( PBIB), down 4.5% and Fidelity Southern ( LION), down 4.5% , were all laggards within the banking industry with PNC Financial Services Group ( PNC) being today's banking industry laggard.

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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