DB, WFC And C, Pushing Banking Industry Downward

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 lower today:

3. Deutsche Bank ( DB) is one of the companies pushing the Banking industry lower today. As of noon trading, Deutsche Bank is down $1.08 (-3.0%) to $35.40 on heavy volume. Thus far, 2.5 million shares of Deutsche Bank exchanged hands as compared to its average daily volume of 1.5 million shares. The stock has ranged in price between $34.82-$35.42 after having opened the day at $35.36 as compared to the previous trading day's close of $36.48.

Deutsche Bank Aktiengesellschaft provides investment, financial, and related products and services worldwide. Its Corporate Banking & Securities division is engaged in selling, trading, and structuring a range of fixed income, equity, equity-linked, foreign exchange, and commodities products. Deutsche Bank has a market cap of $37.0 billion and is part of the financial sector. Shares are down 20.6% year-to-date as of the close of trading on Wednesday. Currently there are 2 analysts that rate Deutsche Bank a buy, 1 analyst rates it a sell, and 1 rates it a hold.

TheStreet Ratings rates Deutsche Bank as a sell. The company's weaknesses can be seen in multiple areas, such as its generally disappointing historical performance in the stock itself, deteriorating net income, disappointing return on equity and weak operating cash flow. Get the full Deutsche 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.

2. As of noon trading, Wells Fargo ( WFC) is down $0.32 (-0.6%) to $52.28 on average volume. Thus far, 7.0 million shares of Wells Fargo exchanged hands as compared to its average daily volume of 15.2 million shares. The stock has ranged in price between $52.00-$52.66 after having opened the day at $52.62 as compared to the previous trading day's close of $52.60.

Wells Fargo & Company provides retail, commercial, and corporate banking services to individuals, businesses, and institutions. Wells Fargo has a market cap of $276.5 billion and is part of the financial sector. Shares are up 15.9% year-to-date as of the close of trading on Wednesday. Currently there are 10 analysts that rate Wells Fargo a buy, 1 analyst rates it a sell, and 10 rate it a hold.

TheStreet Ratings rates Wells Fargo as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, increase in net income, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Wells Fargo 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 $0.64 (-1.3%) to $47.18 on average volume. Thus far, 10.8 million shares of Citigroup exchanged hands as compared to its average daily volume of 19.1 million shares. The stock has ranged in price between $47.03-$47.74 after having opened the day at $47.71 as compared to the previous trading day's close of $47.82.

Citigroup Inc., a diversified financial services holding company, provides various financial products and services to consumers, corporations, governments, and institutions. Citigroup has a market cap of $145.2 billion and is part of the financial sector. Shares are down 8.2% 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 5 rate it a hold.

TheStreet Ratings rates Citigroup as a buy. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, expanding profit margins, increase in net income and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. 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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