5 Banking Stocks Nudging The Industry Higher

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 15 points (0.1%) at 15,467 as of Wednesday, July 17, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,986 issues advancing vs. 913 declining with 127 unchanged.

The Banking industry currently sits up 0.4% versus the S&P 500, which is up 0.3%. Top gainers within the industry include Banco De Chile ( BCH), up 4.0%, Royal Bank of Scotland Group (The ( RBS), up 1.9%, Lloyds Banking Group ( LYG), up 1.9%, UBS ( UBS), up 1.5% and Mitsubishi UFJ Financial Group ( MTU), up 0.8%.

TheStreet would like to highlight 5 stocks pushing the industry higher today:

5. Banco Santander ( SAN) is one of the companies pushing the Banking industry higher today. As of noon trading, Banco Santander is up $0.06 (0.9%) to $6.49 on light volume. Thus far, 2.0 million shares of Banco Santander exchanged hands as compared to its average daily volume of 7.0 million shares. The stock has ranged in price between $6.45-$6.51 after having opened the day at $6.48 as compared to the previous trading day's close of $6.43.

Banco Santander-Chile provides commercial and retail banking services to corporate and individual customers in Chile. Banco Santander has a market cap of $69.9 billion and is part of the financial sector. Shares are down 21.3% year to date as of the close of trading on Tuesday. 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. Get the full Banco Santander Ratings Report now.

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

4. As of noon trading, Wells Fargo ( WFC) is up $0.60 (1.4%) to $43.62 on average volume. Thus far, 12.2 million shares of Wells Fargo exchanged hands as compared to its average daily volume of 20.9 million shares. The stock has ranged in price between $43.17-$43.88 after having opened the day at $43.20 as compared to the previous trading day's close of $43.02.

Wells Fargo & Company provides retail, commercial, and corporate banking services. Wells Fargo has a market cap of $229.6 billion and is part of the financial sector. Shares are up 25.9% year to date as of the close of trading on Tuesday. Currently there are 12 analysts that rate Wells Fargo a buy, 1 analyst rates it a sell, and 13 rate it a hold.

TheStreet Ratings rates Wells Fargo 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, expanding profit margins, notable return on equity and compelling growth in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Wells Fargo Ratings Report now.

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

3. As of noon trading, JPMorgan Chase ( JPM) is up $0.43 (0.8%) to $55.44 on average volume. Thus far, 11.0 million shares of JPMorgan Chase exchanged hands as compared to its average daily volume of 22.4 million shares. The stock has ranged in price between $54.84-$55.50 after having opened the day at $55.05 as compared to the previous trading day's close of $55.01.

JPMorgan Chase & Co., a financial holding company, provides various financial services worldwide. JPMorgan Chase has a market cap of $207.5 billion and is part of the financial sector. Shares are up 25.1% year to date as of the close of trading on Tuesday. Currently there are 19 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. Get the full JPMorgan Chase Ratings Report now.

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

2. As of noon trading, Citigroup ( C) is up $0.48 (0.9%) to $52.31 on average volume. Thus far, 19.9 million shares of Citigroup exchanged hands as compared to its average daily volume of 30.3 million shares. The stock has ranged in price between $51.94-$52.88 after having opened the day at $51.99 as compared to the previous trading day's close of $51.83.

Citigroup, Inc., a diversified financial services holding company, provides a range of financial products and services to consumers, corporations, governments, and institutions worldwide. The company operates through two segments, Citicorp and Citi Holdings. Citigroup has a market cap of $157.7 billion and is part of the financial sector. Shares are up 31.0% year to date as of the close of trading on Tuesday. Currently there are 18 analysts that rate Citigroup a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates Citigroup as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, attractive valuation levels, good cash flow from operations, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full Citigroup Ratings Report now.

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

1. As of noon trading, Bank of America Corporation ( BAC) is up $0.36 (2.6%) to $14.28 on heavy volume. Thus far, 149.6 million shares of Bank of America Corporation exchanged hands as compared to its average daily volume of 121.6 million shares. The stock has ranged in price between $14.04-$14.30 after having opened the day at $14.06 as compared to the previous trading day's close of $13.92.

Bank of America Corporation, through its subsidiaries, provides various banking and financial products and services for individual consumers, small and middle market businesses, institutional investors, corporations, and governments in the United States and internationally. Bank of America Corporation has a market cap of $149.6 billion and is part of the financial sector. Shares are up 19.9% year to date as of the close of trading on Tuesday. Currently there are 8 analysts that rate Bank of America Corporation a buy, 2 analysts rate it a sell, and 14 rate it a hold.

TheStreet Ratings rates Bank of America Corporation as a hold. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. However, as a counter to these strengths, we find that the company has favored debt over equity in the management of its balance sheet. Get the full Bank of America Corporation Ratings Report now.

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

If you are interested in one of these 5 stocks, 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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