3 Stocks Boosting The Banking Industry Higher

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 22 points (0.1%) at 16,756 as of Friday, June 13, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,558 issues advancing vs. 1,369 declining with 183 unchanged.

The Banking industry currently sits up 0.2% versus the S&P 500, which is up 0.2%. On the negative front, top decliners within the industry include HDFC Bank ( HDB), down 2.5%, and Credit Suisse Group ( CS), down 0.9%.

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

3. Royal Bank of Scotland Group (The ( RBS) is one of the companies pushing the Banking industry higher today. As of noon trading, Royal Bank of Scotland Group (The is up $0.19 (1.7%) to $11.58 on light volume. Thus far, 295,627 shares of Royal Bank of Scotland Group (The exchanged hands as compared to its average daily volume of 847,300 shares. The stock has ranged in price between $11.55-$11.62 after having opened the day at $11.55 as compared to the previous trading day's close of $11.39.

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 $64.5 billion and is part of the financial sector. Shares are up 0.5% year-to-date as of the close of trading on Thursday. Currently there is 1 analyst who 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 sell. Among the areas we feel are negative, one of the most important has been an overall disappointing return on equity. Get the full Royal Bank of Scotland Group (The 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, Grupo Financiero Santander Mexico SAB de CV ( BSMX) is up $0.28 (2.2%) to $13.12 on light volume. Thus far, 714,699 shares of Grupo Financiero Santander Mexico SAB de CV exchanged hands as compared to its average daily volume of 1.9 million shares. The stock has ranged in price between $12.90-$13.13 after having opened the day at $12.90 as compared to the previous trading day's close of $12.84.

Grupo Financiero Santander Mexico, S.A.B. de C.V. provides various banking services in Mexico. The company's deposit products include current accounts, savings accounts, and time deposits, as well as certificates of interbank deposit. Grupo Financiero Santander Mexico SAB de CV has a market cap of $17.7 billion and is part of the financial sector. Shares are down 5.9% year-to-date as of the close of trading on Thursday. Currently there are no analysts who rate Grupo Financiero Santander Mexico SAB de CV a buy, 2 analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Grupo Financiero Santander Mexico SAB de CV as a sell. The company's weaknesses can be seen in multiple areas, such as its generally disappointing historical performance in the stock itself and deteriorating net income. Get the full Grupo Financiero Santander Mexico SAB de CV 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, Royal Bank Of Canada ( RY) is up $0.68 (1.0%) to $69.48 on heavy volume. Thus far, 454,095 shares of Royal Bank Of Canada exchanged hands as compared to its average daily volume of 365,800 shares. The stock has ranged in price between $68.59-$69.51 after having opened the day at $68.75 as compared to the previous trading day's close of $68.80.

Royal Bank of Canada, a diversified financial service company, provides personal and commercial banking, wealth management, insurance, investor, and capital markets products and services worldwide. Royal Bank Of Canada has a market cap of $99.3 billion and is part of the financial sector. Shares are up 2.3% year-to-date as of the close of trading on Thursday. Currently there are 4 analysts who rate Royal Bank Of Canada a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Royal Bank Of Canada 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 stock price during the past year. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. Get the full Royal Bank Of Canada 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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