3 Stocks Pushing The Banking 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.

One out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading up 5 points (0.0%) at 16,485 as of Friday, Dec. 27, 2013, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,370 issues advancing vs. 1,569 declining with 149 unchanged.

The Banking industry currently sits down 0.1% versus the S&P 500, which is unchanged. A company within the industry that fell today was Woori Finance Holdings ( WF), up 1.7%. A company within the industry that increased today was Mitsubishi UFJ Financial Group ( MTU), up 0.9%.

TheStreet would like to highlight 3 stocks pushing the industry lower today:

3. Canadian Imperial Bank of Commerce ( CM) is one of the companies pushing the Banking industry lower today. As of noon trading, Canadian Imperial Bank of Commerce is down $0.51 (-0.6%) to $84.37 on light volume. Thus far, 54,705 shares of Canadian Imperial Bank of Commerce exchanged hands as compared to its average daily volume of 164,500 shares. The stock has ranged in price between $84.22-$85.09 after having opened the day at $85.09 as compared to the previous trading day's close of $84.88.

Canadian Imperial Bank of Commerce, a diversified financial institution, provides various financial products and services to individuals, small businesses, and commercial, corporate, and institutional clients in Canada and internationally. Canadian Imperial Bank of Commerce has a market cap of $33.9 billion and is part of the financial sector. Shares are up 5.3% year to date as of the close of trading on Thursday. Currently there is 1 analyst that rates Canadian Imperial Bank of Commerce a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Canadian Imperial Bank of Commerce as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income and weak operating cash flow. Get the full Canadian Imperial Bank of Commerce 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, Lloyds Banking Group ( LYG) is down $0.03 (-0.6%) to $5.24 on light volume. Thus far, 1.1 million shares of Lloyds Banking Group exchanged hands as compared to its average daily volume of 4.8 million shares. The stock has ranged in price between $5.22-$5.25 after having opened the day at $5.24 as compared to the previous trading day's close of $5.27.

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 $92.8 billion and is part of the financial sector. Shares are up 64.4% 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 solid stock price performance, expanding profit margins and notable return on equity. However, as a counter to these strengths, we find that the growth in the company's net income has been quite unimpressive. 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.

1. As of noon trading, Royal Bank Of Canada ( RY) is down $0.38 (-0.6%) to $66.58 on light volume. Thus far, 149,874 shares of Royal Bank Of Canada exchanged hands as compared to its average daily volume of 509,300 shares. The stock has ranged in price between $66.42-$67.08 after having opened the day at $67.02 as compared to the previous trading day's close of $66.96.

Royal Bank of Canada, a diversified financial service company, provides personal and commercial banking, wealth management, insurance, investor, and capital markets products and services worldwide. Royal Bank Of Canada has a market cap of $96.5 billion and is part of the financial sector. Shares are up 11.1% year to date as of the close of trading on Thursday. Currently there are 3 analysts that rate Royal Bank Of Canada a buy, no analysts rate it a sell, and none 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 revenue growth, notable return on equity and growth in earnings per share. However, as a counter to these strengths, we find that the growth in the company's net income has been quite unimpressive. Get the full Royal Bank Of Canada 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 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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