SunTrust Banks Inc (STI): 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.

SunTrust Banks ( STI) pushed the Banking industry lower today making it today's featured Banking laggard. The industry as a whole was unchanged today. By the end of trading, SunTrust Banks fell $1.17 (-3.0%) to $37.13 on heavy volume. Throughout the day, 7,228,196 shares of SunTrust Banks exchanged hands as compared to its average daily volume of 3,596,700 shares. The stock ranged in price between $37.03-$38.70 after having opened the day at $38.36 as compared to the previous trading day's close of $38.30. Other companies within the Banking industry that declined today were: QC Holdings ( QCCO), down 6.8%, Carver Bancorp ( CARV), down 5.7%, First Security Group ( FSGI), down 5.6% and ACNB Corporation ( ACNB), down 4.2%.

SunTrust Banks, Inc. operates as the holding company for SunTrust Bank that provides various financial services in the United States. The company operates in three segments: Consumer Banking and Private Wealth Management, Wholesale Banking, and Mortgage Banking. SunTrust Banks has a market cap of $20.4 billion and is part of the financial sector. Shares are up 4.0% year to date as of the close of trading on Tuesday. Currently there are 10 analysts that rate SunTrust Banks a buy, no analysts rate it a sell, and 14 rate it a hold.

TheStreet Ratings rates SunTrust Banks as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, expanding profit margins, solid stock price performance, growth in earnings per share and attractive valuation levels. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

On the positive front, Bbva Banco FrancesS.A ( BFR), up 11.6%, Macro Bank ( BMA), up 7.9%, Hampton Roads Bankshares ( HMPR), up 7.4% and Grupo Financiero Galicia ( GGAL), up 5.7%.

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.

If you liked this article you might like

Equifax CEO and Board Are Pretty Cozy

JPMorgan, U.S. Banks Face $3 Billion of Loan Losses From Catastrophic Hurricanes

14 Bank Stocks That Will Either Surge or Do Nothing

Bank Stocks Have Had Monster Runs -- Now What?

SunTrust Banks: Cramer's Top Takeaways