Banco Santander SA (SAN): Today's Featured Banking Winner

Banco Santander ( SAN) pushed the Banking industry higher today making it today's featured banking winner. The industry as a whole closed the day up 1.0%. By the end of trading, Banco Santander rose $0.12 (1.9%) to $6.59 on light volume. Throughout the day, 4,487,214 shares of Banco Santander exchanged hands as compared to its average daily volume of 7,271,800 shares. The stock ranged in a price between $6.57-$6.69 after having opened the day at $6.60 as compared to the previous trading day's close of $6.47. Other companies within the Banking industry that increased today were: AmeriServ Financial ( ASRV), up 9.5%, FNB United ( FNBN), up 8.9%, Anchor Bancorp ( ANCB), up 7.9% and Severn Bancorp ( SVBI), up 7.1%.

Banco Santander-Chile provides commercial and retail banking services to corporate and individual customers in Chile. Banco Santander has a market cap of $70.6 billion and is part of the financial sector. Shares are down 20.8% year to date as of the close of trading on Friday. 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.

On the negative front, Howard Bancorp Inc Md ( HBMD), down 7.9%, Citizens Holding Company ( CIZN), down 5.9%, United Community Financial Corporation ( UCFC), down 5.8% and Hampton Roads Bankshares ( HMPR), down 5.4%.

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).

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

null

More from Markets

Dow Plunges on Trade War Worries but Walmart and Verizon Finish Positively

Dow Plunges on Trade War Worries but Walmart and Verizon Finish Positively

Tuesday Turnaround in Politics: Is a Trade War on the Horizon?

Tuesday Turnaround in Politics: Is a Trade War on the Horizon?

FANG Stocks Get Swept Up in Broader Market Selloff

FANG Stocks Get Swept Up in Broader Market Selloff

Snap Shares Plunge After Cowen Cuts Price Target

Snap Shares Plunge After Cowen Cuts Price Target

Netflix Shares Hit All-Time High as Market Flounders

Netflix Shares Hit All-Time High as Market Flounders