3 Banking Stocks Pushing Industry Growth

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 77 points (-0.5%) at 16,767 as of Thursday, June 12, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,294 issues advancing vs. 1,659 declining with 161 unchanged.

The Banking industry currently sits down 0.2% versus the S&P 500, which is down 0.3%. A company within the industry that increased today was Mitsubishi UFJ Financial Group ( MTU), up 1.9%. On the negative front, top decliners within the industry include UBS ( UBS), down 1.2%, and Citigroup ( C), down 0.5%.

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

3. National Bank of Greece ( NBG) is one of the companies pushing the Banking industry higher today. As of noon trading, National Bank of Greece is up $0.10 (2.5%) to $3.86 on light volume. Thus far, 1.9 million shares of National Bank of Greece exchanged hands as compared to its average daily volume of 5.6 million shares. The stock has ranged in price between $3.79-$3.89 after having opened the day at $3.80 as compared to the previous trading day's close of $3.76.

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 activities. National Bank of Greece has a market cap of $9.3 billion and is part of the financial sector. Shares are down 32.9% year-to-date as of the close of trading on Wednesday. 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.

2. As of noon trading, HDFC Bank ( HDB) is up $1.16 (2.4%) to $48.62 on average volume. Thus far, 624,708 shares of HDFC Bank exchanged hands as compared to its average daily volume of 1.3 million shares. The stock has ranged in price between $47.91-$48.75 after having opened the day at $48.16 as compared to the previous trading day's close of $47.47.

HDFC Bank Limited, together with its subsidiaries, provides a range of banking and financial 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 $37.7 billion and is part of the financial sector. Shares are up 37.8% year-to-date as of the close of trading on Wednesday. Currently there are 2 analysts who 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 compelling growth in net income, notable return on equity and increase in stock price during the past year. 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 HDFC Bank 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, SVB Financial Group ( SIVB) is up $3.96 (3.6%) to $115.35 on average volume. Thus far, 267,222 shares of SVB Financial Group exchanged hands as compared to its average daily volume of 574,700 shares. The stock has ranged in price between $112.03-$116.01 after having opened the day at $115.05 as compared to the previous trading day's close of $111.39.

SVB Financial Group, a diversified financial services company, provides various banking and financial products and services. It operates in three segments: Global Commercial Bank, SVB Private Bank, and SVB Capital. SVB Financial Group has a market cap of $5.2 billion and is part of the financial sector. Shares are up 6.8% year-to-date as of the close of trading on Wednesday. Currently there are 6 analysts who rate SVB Financial Group a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates SVB Financial Group as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, compelling growth in net income, good cash flow from operations and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full SVB Financial 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.

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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