Toronto-Dominion Bank (TD): 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.

Toronto-Dominion Bank ( TD) 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, Toronto-Dominion Bank fell $2.00 (-2.3%) to $84.65 on heavy volume. Throughout the day, 962,750 shares of Toronto-Dominion Bank exchanged hands as compared to its average daily volume of 621,700 shares. The stock ranged in price between $84.30-$86.45 after having opened the day at $86.33 as compared to the previous trading day's close of $86.65. Other companies within the Banking industry that declined today were: Citizens First Corporation ( CZFC), down 17.4%, Carolina Bank Holdings ( CLBH), down 10.1%, Riverview Bancorp ( RVSB), down 9.1% and United Community Financial Corporation ( UCFC), down 7.5%.

The Toronto-Dominion Bank, together with its subsidiaries, provides financial and banking services in North America and internationally. The company's Canadian Personal and Commercial Banking segment offers various financial products and services to personal and small business customers. Toronto-Dominion Bank has a market cap of $79.5 billion and is part of the financial sector. Shares are up 2.0% year to date as of the close of trading on Monday. Currently there are 5 analysts that rate Toronto-Dominion Bank a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Toronto-Dominion Bank as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we find that the company's return on equity has been disappointing.

On the positive front, Porter Bancorp ( PBIB), up 28.2%, Village Bank and Trust Financial Corporatio ( VBFC), up 12.2%, PSB Holdings ( PSBH), up 10.0% and First Capital Bancorp ( FCVA), up 8.8% , were all gainers within the banking industry with UBS ( UBS) 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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