Regions Financial Corporation (RF): 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

Regions Financial Corporation ( RF) pushed the Banking industry higher today making it today's featured banking winner. The industry as a whole closed the day up 0.4%. By the end of trading, Regions Financial Corporation rose $0.15 (1.6%) to $9.36 on heavy volume. Throughout the day, 21,719,930 shares of Regions Financial Corporation exchanged hands as compared to its average daily volume of 14,465,800 shares. The stock ranged in a price between $9.16-$9.40 after having opened the day at $9.30 as compared to the previous trading day's close of $9.21. Other companies within the Banking industry that increased today were: Cordia Bancorp ( BVA), up 12.9%, State Investors Bancorp ( SIBC), up 10.4%, First BanCorp ( FBP), up 9.8% and FS Bancorp ( FSBW), up 7.9%.
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Regions Financial Corporation, together with its subsidiaries, provides banking and bank-related services to individual and corporate customers in the United States. The company operates in three segments: Business Services, Consumer Services, and Wealth Management. Regions Financial Corporation has a market cap of $12.8 billion and is part of the financial sector. The company has a P/E ratio of 10.6, below the S&P 500 P/E ratio of 17.7. Shares are up 29.2% year to date as of the close of trading on Friday. Currently there are 9 analysts that rate Regions Financial Corporation a buy, 2 analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Regions Financial Corporation 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, compelling growth in net income, good cash flow from operations and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

On the negative front, National Bank of Greece ( NBG), down 8.6%, Prudential Bancorp Inc. of Pennsylvania ( PBIP), down 7.2%, Newport Bancorp ( NFSB), down 5.2% and 1st Century Bancshrs ( FCTY), down 4.7%.

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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