3 Stocks Pushing The Banking Industry Lower

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 25 points (-0.1%) at 16,936 as of Monday, July 28, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,030 issues advancing vs. 1,900 declining with 205 unchanged.

The Banking industry currently sits down 0.4% versus the S&P 500, which is down 0.2%. A company within the industry that fell today was Royal Bank of Scotland Group (The ( RBS), up 3.3%.

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

3. PNC Financial Services Group ( PNC) is one of the companies pushing the Banking industry lower today. As of noon trading, PNC Financial Services Group is down $0.98 (-1.2%) to $83.84 on average volume. Thus far, 910,027 shares of PNC Financial Services Group exchanged hands as compared to its average daily volume of 2.0 million shares. The stock has ranged in price between $83.79-$84.78 after having opened the day at $84.50 as compared to the previous trading day's close of $84.82.

The PNC Financial Services Group, Inc. operates as a diversified financial services company in the United States. PNC Financial Services Group has a market cap of $45.2 billion and is part of the financial sector. Shares are up 9.3% year-to-date as of the close of trading on Friday. Currently there are 11 analysts that rate PNC Financial Services Group a buy, 1 analyst rates it a sell, and 9 rate it a hold.

TheStreet Ratings rates PNC Financial Services Group as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins, notable return on equity and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full PNC Financial Services Group 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, Fifth Third Bancorp ( FITB) is down $0.34 (-1.6%) to $20.84 on average volume. Thus far, 3.3 million shares of Fifth Third Bancorp exchanged hands as compared to its average daily volume of 8.7 million shares. The stock has ranged in price between $20.83-$21.20 after having opened the day at $21.18 as compared to the previous trading day's close of $21.18.

Fifth Third Bancorp operates as a diversified financial services company in the United States. It operates through four segments: Commercial Banking, Branch Banking, Consumer Lending, and Investment Advisors. Fifth Third Bancorp has a market cap of $17.9 billion and is part of the financial sector. Shares are up 0.7% year-to-date as of the close of trading on Friday. Currently there are 12 analysts that rate Fifth Third Bancorp a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Fifth Third Bancorp as a buy. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Fifth Third Bancorp 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 $0.36 (-0.7%) to $49.68 on light volume. Thus far, 5.5 million shares of Citigroup exchanged hands as compared to its average daily volume of 16.6 million shares. The stock has ranged in price between $49.54-$50.08 after having opened the day at $49.95 as compared to the previous trading day's close of $50.03.

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 $152.2 billion and is part of the financial sector. Shares are down 4.0% year-to-date as of the close of trading on Friday. 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. Among the primary strengths of the company is its reasonable valuation levels, considering its current price compared to earnings, book value and other measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income. 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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