Today's Stocks Driving Success For The Banking Industry

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 60 points (0.4%) at 16,603 as of Friday, May 23, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 2,002 issues advancing vs. 938 declining with 179 unchanged.

The Banking industry currently sits up 0.4% versus the S&P 500, which is up 0.3%. Top gainers within the industry include Credit Suisse Group ( CS), up 1.2%, and Royal Bank of Scotland Group (The ( RBS), up 0.8%. A company within the industry that fell today was Woori Finance Holdings ( WF), up 1.8%.

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

3. Lloyds Banking Group ( LYG) is one of the companies pushing the Banking industry higher today. As of noon trading, Lloyds Banking Group is up $0.03 (0.6%) to $5.15 on average volume. Thus far, 1.3 million shares of Lloyds Banking Group exchanged hands as compared to its average daily volume of 2.6 million shares. The stock has ranged in price between $5.12-$5.18 after having opened the day at $5.15 as compared to the previous trading day's close of $5.12.

Lloyds Banking Group plc provides a range of banking and financial services to individuals and businesses in the United Kingdom and internationally. It operates through four segments: Retail; Commercial Banking; Wealth, Asset Finance, and International; and Insurance. Lloyds Banking Group has a market cap of $90.6 billion and is part of the financial sector. Shares are down 3.8% year-to-date as of the close of trading on Thursday. Currently there is 1 analyst who 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 and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income and disappointing return on equity. Get the full Lloyds Banking Group Ratings Report now.

3x UPSIDE POTENTIAL: 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, Canadian Imperial Bank of Commerce ( CM) is up $0.65 (0.7%) to $90.92 on average volume. Thus far, 105,819 shares of Canadian Imperial Bank of Commerce exchanged hands as compared to its average daily volume of 152,200 shares. The stock has ranged in price between $90.54-$91.05 after having opened the day at $90.59 as compared to the previous trading day's close of $90.27.

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 $35.5 billion and is part of the financial sector. Shares are up 5.7% year-to-date as of the close of trading on Thursday. Currently there are 2 analysts who rate Canadian Imperial Bank of Commerce a buy, no analysts rate it a sell, and 2 rate 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, notable return on equity and solid stock price performance. However, as a counter to these strengths, we find that we feel that the company's cash flow from its operations has been weak overall. Get the full Canadian Imperial Bank of Commerce Ratings Report now.

3x UPSIDE POTENTIAL: 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, National Bank of Greece ( NBG) is up $0.12 (3.9%) to $3.24 on heavy volume. Thus far, 6.6 million shares of National Bank of Greece exchanged hands as compared to its average daily volume of 4.5 million shares. The stock has ranged in price between $3.12-$3.25 after having opened the day at $3.13 as compared to the previous trading day's close of $3.12.

National Bank of Greece S.A., together with its subsidiaries, offers diversified financial services primarily in Greece. The company is involved in retail and commercial banking, investment management, investment banking, insurance, investment activities, and securities trading operations. National Bank of Greece has a market cap of $7.4 billion and is part of the financial sector. Shares are down 44.3% year-to-date as of the close of trading on Thursday. Currently there are no analysts who rate National Bank of Greece a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates National Bank of Greece as a sell. Among the areas we feel are negative, one of the most important has been a generally disappointing historical performance in the stock itself. Get the full National Bank of Greece Ratings Report now.

3x UPSIDE POTENTIAL: 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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