LYG, MTU, RBS, CS And C, 5 Banking Stocks Pushing The Industry Lower

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 down today with the Dow Jones Industrial Average ( ^DJI) trading down 41 points (-0.3%) at 14,800 as of Friday, Aug. 30, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 850 issues advancing vs. 2,040 declining with 117 unchanged.

The Banking industry currently sits down 0.7% versus the S&P 500, which is down 0.3%.

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

5. Lloyds Banking Group ( LYG) is one of the companies pushing the Banking industry lower today. As of noon trading, Lloyds Banking Group is down $0.08 (-1.8%) to $4.47 on average volume. Thus far, 1.3 million shares of Lloyds Banking Group exchanged hands as compared to its average daily volume of 2.4 million shares. The stock has ranged in price between $4.47-$4.58 after having opened the day at $4.57 as compared to the previous trading day's close of $4.55.

Lloyds Banking Group plc provides banking and financial services to personal, commercial, and corporate customers in the United Kingdom and internationally. The company operates in four divisions: Retail; Commercial Banking; Wealth, Asset Finance, and International; and Insurance. Lloyds Banking Group has a market cap of $81.5 billion and is part of the financial sector. Shares are up 42.8% year to date as of the close of trading on Thursday. Currently there is 1 analyst that rates Lloyds Banking Group a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Lloyds Banking Group as a hold. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, expanding profit margins and notable return on equity. However, as a counter to these strengths, we find that the company's revenue growth has not been good. Get the full Lloyds Banking 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, Mitsubishi UFJ Financial Group ( MTU) is down $0.12 (-2.0%) to $5.83 on light volume. Thus far, 321,354 shares of Mitsubishi UFJ Financial Group exchanged hands as compared to its average daily volume of 2.4 million shares. The stock has ranged in price between $5.83-$5.88 after having opened the day at $5.88 as compared to the previous trading day's close of $5.95.

Mitsubishi UFJ Financial Group, Inc., through its subsidiaries, provides financial services in Japan and internationally. The company also engages in the wholesale and retail securities businesses. Mitsubishi UFJ Financial Group has a market cap of $84.8 billion and is part of the financial sector. Shares are up 10.5% year to date as of the close of trading on Thursday. 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 solid stock price performance, increase in net income and attractive valuation levels. However, as a counter to these strengths, we find that the growth in the company's earnings per share has not been good. 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.

3. As of noon trading, Royal Bank of Scotland Group (The ( RBS) is down $0.16 (-1.5%) to $10.32 on light volume. Thus far, 281,976 shares of Royal Bank of Scotland Group (The exchanged hands as compared to its average daily volume of 1.5 million shares. The stock has ranged in price between $10.30-$10.42 after having opened the day at $10.41 as compared to the previous trading day's close of $10.47.

The Royal Bank of Scotland Group plc, through its subsidiaries, provides banking and financial products and services to personal, commercial, corporate, and institutional customers worldwide. Royal Bank of Scotland Group (The has a market cap of $31.4 billion and is part of the financial sector. Shares are down 3.0% year to date as of the close of trading on Thursday. Currently there is 1 analyst that rates Royal Bank of Scotland Group (The a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Royal Bank of Scotland Group (The as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income and expanding profit margins. However, as a counter to these strengths, we find that the company's return on equity has been disappointing. Get the full Royal Bank of Scotland Group (The 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, Credit Suisse Group ( CS) is down $0.39 (-1.3%) to $28.81 on light volume. Thus far, 294,903 shares of Credit Suisse Group exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $28.69-$28.95 after having opened the day at $28.84 as compared to the previous trading day's close of $29.20.

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 $46.7 billion and is part of the financial sector. Shares are up 18.9% year to date as of the close of trading on Thursday. 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, attractive valuation levels and impressive record of earnings per share growth. However, as a counter to these strengths, we find that we feel that the company's cash flow from its operations has been weak overall. 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.

1. As of noon trading, Citigroup ( C) is down $0.42 (-0.9%) to $48.05 on average volume. Thus far, 13.0 million shares of Citigroup exchanged hands as compared to its average daily volume of 27.9 million shares. The stock has ranged in price between $47.80-$48.71 after having opened the day at $48.71 as compared to the previous trading day's close of $48.47.

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 $146.9 billion and is part of the financial sector. Shares are up 22.1% year to date as of the close of trading on Thursday. Currently there are 17 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, revenue growth, attractive valuation levels, solid stock price performance and good cash flow from operations. 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.

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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