4 Stocks Pushing The Banking Industry Downward

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 39 points (-0.2%) at 16,431 as of Monday, Jan. 6, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,317 issues advancing vs. 1,618 declining with 151 unchanged.

The Banking industry currently is unchanged today versus the S&P 500, which is down 0.3%. A company within the industry that fell today was Woori Finance Holdings ( WF), up 2.8%. Top gainers within the industry include HDFC Bank ( HDB), up 1.7%, Credit Suisse Group ( CS), up 1.3%, Bank of America Corporation ( BAC), up 1.1%, Citigroup ( C), up 0.7% and Deutsche Bank ( DB), up 0.6%.

TheStreet would like to highlight 4 stocks pushing the industry lower today:

4. KB Financial Group ( KB) is one of the companies pushing the Banking industry lower today. As of noon trading, KB Financial Group is down $0.92 (-2.4%) to $37.60 on light volume. Thus far, 45,880 shares of KB Financial Group exchanged hands as compared to its average daily volume of 123,800 shares. The stock has ranged in price between $37.58-$37.82 after having opened the day at $37.82 as compared to the previous trading day's close of $38.52.

KB Financial Group Inc., a financial holding company, provides various banking and related financial services to consumers and corporations primarily in Korea. KB Financial Group has a market cap of $15.2 billion and is part of the financial sector. The company has a P/E ratio of 7.0, below the S&P 500 P/E ratio of 17.7. Shares are down 5.0% year to date as of the close of trading on Friday. Currently there is 1 analyst that rates KB Financial Group a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates KB Financial Group as a hold. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity and feeble growth in the company's earnings per share. Get the full KB 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, Canadian Imperial Bank of Commerce ( CM) is down $0.61 (-0.7%) to $83.50 on light volume. Thus far, 44,893 shares of Canadian Imperial Bank of Commerce exchanged hands as compared to its average daily volume of 159,700 shares. The stock has ranged in price between $83.34-$83.90 after having opened the day at $83.86 as compared to the previous trading day's close of $84.11.

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 $33.7 billion and is part of the financial sector. The company has a P/E ratio of 10.7, below the S&P 500 P/E ratio of 17.7. Shares are down 1.5% year to date as of the close of trading on Friday. 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, Toronto-Dominion Bank ( TD) is down $1.05 (-1.1%) to $91.83 on average volume. Thus far, 225,476 shares of Toronto-Dominion Bank exchanged hands as compared to its average daily volume of 356,100 shares. The stock has ranged in price between $91.72-$92.94 after having opened the day at $92.91 as compared to the previous trading day's close of $92.88.

The Toronto-Dominion Bank, together with its subsidiaries, provides financial and banking services in North America and internationally. Toronto-Dominion Bank has a market cap of $85.1 billion and is part of the financial sector. The company has a P/E ratio of 14.0, below the S&P 500 P/E ratio of 17.7. Shares are down 1.4% year to date as of the close of trading on Friday. Currently there are 3 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 buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, expanding profit margins, increase in stock price during the past year and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Toronto-Dominion Bank 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 $0.72 (-1.1%) to $66.36 on light volume. Thus far, 150,844 shares of Royal Bank Of Canada exchanged hands as compared to its average daily volume of 511,500 shares. The stock has ranged in price between $66.28-$67.00 after having opened the day at $66.99 as compared to the previous trading day's close of $67.08.

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 $96.6 billion and is part of the financial sector. The company has a P/E ratio of 12.6, below the S&P 500 P/E ratio of 17.7. Shares are down 0.2% year to date as of the close of trading on Friday. 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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