Fifth Third Bancorp (FITB): Today's Featured Banking Winner

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.

Fifth Third Bancorp ( FITB) pushed the Banking industry higher today making it today's featured banking winner. The industry as a whole closed the day down 0.5%. By the end of trading, Fifth Third Bancorp rose $0.22 (1.1%) to $20.67 on average volume. Throughout the day, 6,028,736 shares of Fifth Third Bancorp exchanged hands as compared to its average daily volume of 7,476,100 shares. The stock ranged in a price between $20.36-$20.74 after having opened the day at $20.38 as compared to the previous trading day's close of $20.45. Other companies within the Banking industry that increased today were: OptimumBank Holdings ( OPHC), up 13.1%, Credit Suisse ( UGAZ), up 11.4%, BCB Bancorp ( BCBP), up 11.3% and VelocityShares 3x Inverse Silver ETN S&P GS ( DSLV), up 9.1%.

Fifth Third Bancorp operates as a diversified financial services company in the United States. The company operates through four segments: Commercial Banking, Branch Banking, Consumer Lending, and Investment Advisors. Fifth Third Bancorp has a market cap of $17.8 billion and is part of the financial sector. The company has a P/E ratio of 10.0, below the S&P 500 P/E ratio of 17.7. Shares are up 32.6% year to date as of the close of trading on Wednesday. Currently there are 8 analysts that rate Fifth Third Bancorp a buy, 1 analyst rates it a sell, and 11 rate it a hold.

TheStreet Ratings rates Fifth Third Bancorp as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, expanding profit margins, good cash flow from operations and notable return on equity. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

On the negative front, Credit Suisse ( DGAZ), down 12.5%, VelocityShares 3x Long Silver ETN linked to ( USLV), down 9.8%, VelocityShares 3x Long Gold ETN linked to t ( UGLD), down 7.3% and First Bank Williamstown NJ ( FRBA), down 6.2% , were all laggards within the banking industry with First Niagara Financial Group ( FNFG) being today's banking industry laggard.

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).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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