Zions Bancorporation (ZION): Today's Featured Banking Laggard

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.

Zions ( ZION) pushed the Banking industry lower today making it today's featured Banking laggard. The industry as a whole closed the day up 0.4%. By the end of trading, Zions fell $0.94 (-3.0%) to $29.90 on heavy volume. Throughout the day, 5,239,463 shares of Zions exchanged hands as compared to its average daily volume of 2,114,000 shares. The stock ranged in price between $29.46-$30.47 after having opened the day at $29.92 as compared to the previous trading day's close of $30.84. Other companies within the Banking industry that declined today were: Village Bank and Trust Financial Corporatio ( VBFC), down 9.1%, Carolina Bank Holdings ( CLBH), down 5.4%, Bank of Marin Bancorp ( BMRC), down 4.9% and Centerstate Banks ( CSFL), down 4.2%.

Zions Bancorporation, a financial holding company, provides banking and related services in the United States. Zions has a market cap of $5.6 billion and is part of the financial sector. Shares are up 42.8% year to date as of the close of trading on Monday. Currently there are 5 analysts that rate Zions a buy, 1 analyst rates it a sell, and 12 rate it a hold.

TheStreet Ratings rates Zions as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, expanding profit margins, solid stock price performance, notable return on equity and increase in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the positive front, Magyar Bancorp ( MGYR), up 11.1%, 1st Century Bancshrs ( FCTY), up 9.0%, Southern First ( SFST), up 8.5% and PacWest Bancorp ( PACW), up 7.0% , were all gainers within the banking industry with State Street ( STT) 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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