Credicorp Ltd (BAP): 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.

Credicorp ( BAP) 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, Credicorp fell $2.47 (-1.9%) to $128.25 on light volume. Throughout the day, 181,903 shares of Credicorp exchanged hands as compared to its average daily volume of 448,400 shares. The stock ranged in price between $127.63-$131.65 after having opened the day at $131.58 as compared to the previous trading day's close of $130.72. Other companies within the Banking industry that declined today were: Porter Bancorp ( PBIB), down 9.7%, WVS Financial ( WVFC), down 6.2%, Credit Suisse ( UOIL), down 5.6% and First West Virginia Bancorp ( FWV), down 5.4%.

Credicorp Ltd., through its subsidiaries, provides financial services primarily in Peru, the Cayman Islands, Bolivia, Chile, Colombia, and Panama. It operates in four segments: Banking, Insurance, Pension Funds, and Investment Banking. Credicorp has a market cap of $10.4 billion and is part of the financial sector. Shares are down 10.8% year to date as of the close of trading on Wednesday. Currently there are 4 analysts that rate Credicorp a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Credicorp as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins and notable return on equity. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, relatively poor performance when compared with the S&P 500 during the past year and feeble growth in the company's earnings per share.

On the positive front, OptimumBank Holdings ( OPHC), up 8.2%, Carolina Trust Bank ( CART), up 7.0%, Bbva Banco FrancesS.A ( BFR), up 6.1% and Access National Corporation ( ANCX), up 5.9% , were all gainers within the banking industry with Ocwen Financial Corporation ( OCN) 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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