RBS, HDB And C, 3 Banking Stocks Pushing The 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.

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 30 points (0.2%) at 15,994 as of Thursday, Feb. 13, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,823 issues advancing vs. 1,044 declining with 196 unchanged.

The Banking industry currently is unchanged today versus the S&P 500, which is up 0.2%. On the negative front, top decliners within the industry include Lloyds Banking Group ( LYG), down 2.3%, Mitsubishi UFJ Financial Group ( MTU), down 1.6%, Shinhan Financial Group ( SHG), down 1.4% and PNC Financial Services Group ( PNC), down 0.7%.

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

3. Royal Bank of Scotland Group (The ( RBS) is one of the companies pushing the Banking industry lower today. As of noon trading, Royal Bank of Scotland Group (The is down $0.11 (-0.9%) to $11.47 on light volume. Thus far, 221,359 shares of Royal Bank of Scotland Group (The exchanged hands as compared to its average daily volume of 936,900 shares. The stock has ranged in price between $11.32-$11.50 after having opened the day at $11.32 as compared to the previous trading day's close of $11.58.

The Royal Bank of Scotland Group plc, through its subsidiaries, provides banking and financial products and services to personal, commercial, corporate, and institutional customers worldwide. Royal Bank of Scotland Group (The has a market cap of $35.5 billion and is part of the financial sector. Shares are up 2.2% year-to-date as of the close of trading on Wednesday. Currently there is 1 analyst that rates Royal Bank of Scotland Group (The a buy, 1 analyst rates it a sell, and none rate it a hold.

TheStreet Ratings rates Royal Bank of Scotland Group (The as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, compelling growth in net income and expanding profit margins. However, as a counter to these strengths, we find that the growth in the company's earnings per share has not been good. Get the full Royal Bank of Scotland Group (The 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, HDFC Bank ( HDB) is down $0.76 (-2.3%) to $32.46 on average volume. Thus far, 394,889 shares of HDFC Bank exchanged hands as compared to its average daily volume of 952,100 shares. The stock has ranged in price between $32.22-$32.59 after having opened the day at $32.40 as compared to the previous trading day's close of $33.23.

HDFC Bank Limited, together with its subsidiaries, provides a range of financial products and services to individuals and businesses in India, as well as in Bahrain and Hong Kong. The company operates in four segments: Retail Banking, Wholesale Banking, Treasury, and Other Banking Operations. HDFC Bank has a market cap of $26.6 billion and is part of the financial sector. Shares are down 3.5% year-to-date as of the close of trading on Wednesday. Currently there are 2 analysts that rate HDFC Bank a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates HDFC Bank as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity and increase in net income. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and premium valuation. Get the full HDFC 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, Citigroup ( C) is down $0.29 (-0.6%) to $49.67 on light volume. Thus far, 9.2 million shares of Citigroup exchanged hands as compared to its average daily volume of 25.6 million shares. The stock has ranged in price between $49.05-$49.78 after having opened the day at $49.07 as compared to the previous trading day's close of $49.96.

Citigroup, Inc., a diversified financial services holding company, provides a range of financial products and services to consumers, corporations, governments, and institutions worldwide. The company operates through two segments, Citicorp and Citi Holdings. Citigroup has a market cap of $150.6 billion and is part of the financial sector. Shares are down 4.1% year-to-date as of the close of trading on Wednesday. Currently there are 15 analysts that rate Citigroup a buy, 1 analyst rates it a sell, and 4 rate it a hold.

TheStreet Ratings rates Citigroup as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, attractive valuation levels, increase in stock price during the past year and notable return on equity. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full Citigroup 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 3 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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