JPMorgan Chase & Co (JPM): 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

JPMorgan Chase ( JPM) pushed the Banking industry higher today making it today's featured banking winner. The industry as a whole closed the day up 0.5%. By the end of trading, JPMorgan Chase rose $0.72 (1.4%) to $53.85 on light volume. Throughout the day, 16,611,822 shares of JPMorgan Chase exchanged hands as compared to its average daily volume of 23,236,900 shares. The stock ranged in a price between $53.54-$54.26 after having opened the day at $53.70 as compared to the previous trading day's close of $53.13. Other companies within the Banking industry that increased today were: Hampton Roads Bankshares ( HMPR), up 13.1%, Emclaire Financial Corporation ( EMCF), up 12.5%, Capital City Bank Group ( CCBG), up 9.2% and Riverview Bancorp ( RVSB), up 6.5%.
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JPMorgan Chase & Co., a financial holding company, provides various financial services worldwide. JPMorgan Chase has a market cap of $204.7 billion and is part of the financial sector. The company has a P/E ratio of 9.7, below the S&P 500 P/E ratio of 17.7. Shares are up 20.8% year to date as of the close of trading on Friday. Currently there are 21 analysts that rate JPMorgan Chase a buy, 1 analyst rates it a sell, and 4 rate it a hold.

TheStreet Ratings rates JPMorgan Chase 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, attractive valuation levels and expanding profit margins. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.

On the negative front, Credit Suisse ( DGAZ), down 11.0%, Cordia Bancorp ( BVA), down 9.8%, Village Bank and Trust Financial Corporatio ( VBFC), down 9.7% and First Federal of Northern Michigan Bancorp ( FFNM), down 7.3% , were all laggards within the banking industry with Ocwen Financial Corporation ( OCN) 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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