5 Stocks Moving The Banking Industry Upward

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 up today with the Dow Jones Industrial Average ( ^DJI) trading up 22 points (0.1%) at 15,424 as of Tuesday, Sept. 24, 2013, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,875 issues advancing vs. 1,030 declining with 132 unchanged.

The Banking industry currently sits up 0.4% versus the S&P 500, which is up 0.2%.

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

5. Mitsubishi UFJ Financial Group ( MTU) is one of the companies pushing the Banking industry higher today. As of noon trading, Mitsubishi UFJ Financial Group is up $0.04 (0.6%) to $6.60 on light volume. Thus far, 238,266 shares of Mitsubishi UFJ Financial Group exchanged hands as compared to its average daily volume of 1.7 million shares. The stock has ranged in price between $6.54-$6.60 after having opened the day at $6.58 as compared to the previous trading day's close of $6.56.

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 $92.9 billion and is part of the financial sector. Shares are up 21.0% 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 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.

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4. As of noon trading, Royal Bank of Scotland Group (The ( RBS) is up $0.26 (2.3%) to $11.79 on light volume. Thus far, 470,363 shares of Royal Bank of Scotland Group (The exchanged hands as compared to its average daily volume of 1.3 million shares. The stock has ranged in price between $11.68-$11.80 after having opened the day at $11.79 as compared to the previous trading day's close of $11.53.

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 $35.4 billion and is part of the financial sector. Shares are up 6.5% year to date as of the close of trading on Monday. Currently there is 1 analyst that rates Royal Bank of Scotland Group (The a buy, no analysts rate it a sell, and none rate 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.

3x UPSIDE POTENTIAL: 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 Canada ( RY) is up $0.37 (0.6%) to $64.78 on light volume. Thus far, 136,397 shares of Royal Bank Of Canada exchanged hands as compared to its average daily volume of 620,300 shares. The stock has ranged in price between $64.33-$64.84 after having opened the day at $64.36 as compared to the previous trading day's close of $64.41.

Royal Bank of Canada provides personal and commercial banking, wealth management, insurance, investor and treasury, and capital markets services worldwide. Royal Bank Of Canada has a market cap of $92.4 billion and is part of the financial sector. Shares are up 6.5% year to date as of the close of trading on Monday. Currently there are 3 analysts that rate Royal Bank Of Canada a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Royal Bank Of Canada as a hold. The company's strengths can be seen in multiple areas, such as its notable return on equity, expanding profit margins and good cash flow from operations. However, as a counter to these strengths, we find that the company's revenue growth has not been good. Get the full Royal Bank Of Canada Ratings Report now.

3x UPSIDE POTENTIAL: 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, Toronto-Dominion Bank ( TD) is up $0.50 (0.6%) to $89.31 on average volume. Thus far, 217,209 shares of Toronto-Dominion Bank exchanged hands as compared to its average daily volume of 524,300 shares. The stock has ranged in price between $88.84-$89.58 after having opened the day at $88.94 as compared to the previous trading day's close of $88.81.

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 $81.6 billion and is part of the financial sector. Shares are up 5.0% 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 expanding profit margins, good cash flow from operations and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income and disappointing return on equity. Get the full Toronto-Dominion Bank Ratings Report now.

3x UPSIDE POTENTIAL: 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, Deutsche Bank ( DB) is up $0.36 (0.8%) to $48.00 on average volume. Thus far, 491,917 shares of Deutsche Bank exchanged hands as compared to its average daily volume of 1.0 million shares. The stock has ranged in price between $47.79-$48.09 after having opened the day at $48.01 as compared to the previous trading day's close of $47.64.

Deutsche Bank Aktiengesellschaft provides investment, financial, and related products and services worldwide. Deutsche Bank has a market cap of $48.6 billion and is part of the financial sector. Shares are up 7.7% year to date as of the close of trading on Monday. Currently there are 3 analysts that rate Deutsche Bank a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Deutsche Bank 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 Deutsche Bank Ratings Report now.

3x UPSIDE POTENTIAL: 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 5 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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