3 Banking Stocks Moving The Industry Upward

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 16,791 as of Thursday, June 26, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,231 issues advancing vs. 1,744 declining with 167 unchanged.

The Banking industry currently sits down 0.3% versus the S&P 500, which is down 0.4%. On the negative front, top decliners within the industry include UBS ( UBS), down 2.9%, and Mitsubishi UFJ Financial Group ( MTU), down 0.5%.

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 $0.04 (0.8%) to $5.20 on average volume. Thus far, 1.8 million shares of Lloyds Banking Group exchanged hands as compared to its average daily volume of 3.8 million shares. The stock has ranged in price between $5.17-$5.23 after having opened the day at $5.22 as compared to the previous trading day's close of $5.16.

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 $91.0 billion and is part of the financial sector. Shares are down 3.0% year-to-date as of the close of trading on Wednesday. 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, Bank of Montreal ( BMO) is up $0.54 (0.8%) to $72.81 on average volume. Thus far, 136,546 shares of Bank of Montreal exchanged hands as compared to its average daily volume of 304,500 shares. The stock has ranged in price between $72.08-$72.81 after having opened the day at $72.43 as compared to the previous trading day's close of $72.27.

Bank of Montreal provides various retail banking, wealth management, and investment banking products and services in Canada, the United States, and internationally. Bank of Montreal has a market cap of $46.6 billion and is part of the financial sector. Shares are up 8.4% year-to-date as of the close of trading on Wednesday. Currently there is 1 analyst who rates Bank of Montreal a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates Bank of Montreal as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow and disappointing return on equity. Get the full Bank of Montreal 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 $0.47 (0.7%) to $70.32 on light volume. Thus far, 129,053 shares of Royal Bank Of Canada exchanged hands as compared to its average daily volume of 367,000 shares. The stock has ranged in price between $69.78-$70.32 after having opened the day at $69.82 as compared to the previous trading day's close of $69.85.

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 $100.8 billion and is part of the financial sector. Shares are up 3.9% year-to-date as of the close of trading on Wednesday. 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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