Zions Bancorporation (ZION): 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.

Zions ( ZION) pushed the Banking industry higher today making it today's featured banking winner. The industry as a whole was unchanged today. By the end of trading, Zions rose $0.63 (2.2%) to $29.56 on average volume. Throughout the day, 2,090,351 shares of Zions exchanged hands as compared to its average daily volume of 1,996,500 shares. The stock ranged in a price between $29.15-$29.64 after having opened the day at $29.60 as compared to the previous trading day's close of $28.93. Other companies within the Banking industry that increased today were: River Valley Bancorp ( RIVR), up 22.8%, Credit Suisse ( DGAZ), up 11.1%, First Citizens Banc ( FCZA), up 8.2% and Carver Bancorp ( CARV), up 7.8%.

Zions Bancorporation, a financial holding company, provides banking and related services in the United States. Zions has a market cap of $5.5 billion and is part of the financial sector. The company has a P/E ratio of 17.7, equal to the S&P 500 P/E ratio of 17.7. The company has a P/E ratio of 17.7, below the S&P 500 P/E ratio of 17.7. Shares are down 6.8% year to date as of the close of trading on Friday. Currently there are 3 analysts that rate Zions a buy, 1 analyst rates it a sell, and 13 rate it a hold.

TheStreet Ratings rates Zions as a hold. The company's strengths can be seen in multiple areas, such as its expanding profit margins and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including deteriorating net income and disappointing return on equity.

On the negative front, Credit Suisse ( UGAZ), down 10.5%, OptimumBank Holdings ( OPHC), down 9.5%, MBT Financial Corporation ( MBTF), down 9.2% and Severn Bancorp ( SVBI), down 5.5%.

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).

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