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 was unchanged today. By the end of trading, Zions fell $0.46 (-1.6%) to $29.15 on heavy volume. Throughout the day, 4,215,284 shares of Zions exchanged hands as compared to its average daily volume of 2,160,900 shares. The stock ranged in price between $28.95-$29.73 after having opened the day at $29.73 as compared to the previous trading day's close of $29.61. Other companies within the Banking industry that declined today were: Atlantic Coast Financial ( ACFC), down 8.5%, National Bank of Greece ( NBG), down 7.8%, Guaranty Federal ( GFED), down 6.2% and Southwest Georgia Financial Corporation ( SGB), down 5.3%.

Zions Bancorporation, a financial holding company, provides banking and related services in the United States. Zions has a market cap of $5.4 billion and is part of the financial sector. Shares are up 37.8% year to date as of the close of trading on Monday. Currently there are 4 analysts that rate Zions a buy, 1 analyst rates it a sell, and 13 rate it a hold.

TheStreet Ratings rates Zions as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins, good cash flow from operations, solid stock price performance and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front, Carver Bancorp ( CARV), up 8.4%, Carolina Trust Bank ( CART), up 7.9%, Bbva Banco FrancesS.A ( BFR), up 6.8% and Macro Bank ( BMA), up 6.5% , were all gainers within the banking industry with Citigroup ( C) 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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