Credicorp Ltd (BAP): Today's Featured Banking Laggard

Credicorp ( BAP) pushed the Banking industry lower today making it today's featured Banking laggard. The industry as a whole closed the day down 0.1%. By the end of trading, Credicorp fell $4.46 (-3.8%) to $113.50 on heavy volume. Throughout the day, 1,102,724 shares of Credicorp exchanged hands as compared to its average daily volume of 350,200 shares. The stock ranged in price between $112.05-$118.39 after having opened the day at $118.39 as compared to the previous trading day's close of $117.96. Other companies within the Banking industry that declined today were: LCNB Corporation ( LCNB), down 7.0%, 1st Constitution Bancorp ( FCCY), down 5.1%, National Bank of Greece ( NBG), down 4.8% and Royal Bancshares of Pennsylvania ( RBPAA), down 4.8%.

Credicorp Ltd., through its subsidiaries, provides financial services primarily in Peru, the Cayman Islands, Bolivia, Chile, Colombia, and Panama. It operates in four segments: Banking, Insurance, Pension Funds, and Investment Banking. Credicorp has a market cap of $9.5 billion and is part of the financial sector. Shares are down 18.6% year to date as of the close of trading on Tuesday. Currently there are 2 analysts that rate Credicorp a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Credicorp as a hold. The company's strengths can be seen in multiple areas, such as its robust 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 and unimpressive growth in net income.

On the positive front, Broadway Financial ( BYFC), up 16.7%, Hampton Roads Bankshares ( HMPR), up 16.1%, Riverview Bancorp ( RVSB), up 9.1% and Credit Suisse ( UWTI), up 7.1% , were all gainers within the banking industry with Deutsche Bank ( DB) being today's featured banking industry leader.

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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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