5 Stocks Dragging The Banking Industry Downward

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.

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading up 26 points (0.2%) at 15,572 as of Tuesday, July 23, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,636 issues advancing vs. 1,285 declining with 117 unchanged.

The Banking industry currently sits up 0.3% versus the S&P 500, which is down 0.1%. A company within the industry that fell today was Lloyds Banking Group ( LYG), up 1.6%.

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

5. Mitsubishi UFJ Financial Group ( MTU) is one of the companies pushing the Banking industry lower today. As of noon trading, Mitsubishi UFJ Financial Group is down $0.04 (-0.6%) to $6.74 on light volume. Thus far, 593,063 shares of Mitsubishi UFJ Financial Group exchanged hands as compared to its average daily volume of 3.7 million shares. The stock has ranged in price between $6.72-$6.78 after having opened the day at $6.77 as compared to the previous trading day's close of $6.78.

Mitsubishi UFJ Financial Group, Inc., through its subsidiaries, provides financial services to individual and corporate customers in Japan and internationally. Mitsubishi UFJ Financial Group has a market cap of $96.4 billion and is part of the financial sector. Shares are up 25.1% year to date as of the close of trading on Monday. Currently there is 1 analyst that rates Mitsubishi UFJ Financial Group a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Mitsubishi UFJ Financial Group as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity and feeble growth in the company's earnings per share. Get the full Mitsubishi UFJ Financial Group Ratings Report now.

STOCKS TO BUY: 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, HDFC Bank ( HDB) is down $0.67 (-1.8%) to $37.28 on average volume. Thus far, 390,056 shares of HDFC Bank exchanged hands as compared to its average daily volume of 702,400 shares. The stock has ranged in price between $37.19-$37.77 after having opened the day at $37.46 as compared to the previous trading day's close of $37.95.

HDFC Bank Limited, together with its subsidiaries, provides a range of financial products and services to individuals and businesses in India, as well as in Bahrain and Hong Kong. The company operates in four segments: Retail Banking, Wholesale Banking, Treasury, and Other Banking Operations. HDFC Bank has a market cap of $29.8 billion and is part of the financial sector. Shares are down 6.8% year to date as of the close of trading on Monday. Currently there are 2 analysts that rate HDFC Bank a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates HDFC Bank as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, expanding profit margins, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. Get the full HDFC Bank Ratings Report now.

STOCKS TO BUY: 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, Credit Suisse Group ( CS) is down $0.38 (-1.2%) to $30.00 on average volume. Thus far, 578,359 shares of Credit Suisse Group exchanged hands as compared to its average daily volume of 1.3 million shares. The stock has ranged in price between $29.90-$30.30 after having opened the day at $30.27 as compared to the previous trading day's close of $30.38.

Credit Suisse Group AG, together with its subsidiaries, provides various financial services to private, corporate, institutional, and government clients, as well as high-net-worth individuals worldwide. Credit Suisse Group has a market cap of $39.9 billion and is part of the financial sector. Shares are up 20.9% year to date as of the close of trading on Monday. Currently there are 2 analysts that rate Credit Suisse Group a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Credit Suisse Group as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, compelling growth in net income and revenue growth. However, as a counter to these strengths, we find that the company's return on equity has been disappointing. Get the full Credit Suisse Group Ratings Report now.

STOCKS TO BUY: 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, UBS ( UBS) is down $0.10 (-0.5%) to $19.14 on average volume. Thus far, 825,187 shares of UBS exchanged hands as compared to its average daily volume of 2.2 million shares. The stock has ranged in price between $19.07-$19.26 after having opened the day at $19.25 as compared to the previous trading day's close of $19.24.

UBS AG, a financial services firm, provides wealth management, asset management, and investment banking products and services worldwide. Its Wealth Management division provides financial services to high net worth individuals worldwide. UBS has a market cap of $71.6 billion and is part of the financial sector. Shares are up 22.2% year to date as of the close of trading on Monday. Currently there is 1 analyst that rates UBS a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates UBS as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, weak operating cash flow and feeble growth in its earnings per share. Get the full UBS Ratings Report now.

STOCKS TO BUY: 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, Regions Financial Corporation ( RF) is down $0.16 (-1.6%) to $10.26 on heavy volume. Thus far, 22.0 million shares of Regions Financial Corporation exchanged hands as compared to its average daily volume of 16.4 million shares. The stock has ranged in price between $10.14-$10.38 after having opened the day at $10.36 as compared to the previous trading day's close of $10.42.

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 $14.5 billion and is part of the financial sector. Shares are up 46.1% year to date as of the close of trading on Monday. Currently there are 7 analysts that rate Regions Financial Corporation a buy, 1 analyst rates it a sell, and 10 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. Get the full Regions Financial Corporation Ratings Report now.

STOCKS TO BUY: 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 4 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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