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 up today with the Dow Jones Industrial Average ( ^DJI) trading up 67 points (0.4%) at 16,436 as of Friday, Aug. 8, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,992 issues advancing vs. 961 declining with 169 unchanged.

The Banking industry currently sits up 0.2% versus the S&P 500, which is up 0.4%. A company within the industry that increased today was Royal Bank of Scotland Group (The ( RBS), up 2.4%. On the negative front, top decliners within the industry include Canadian Imperial Bank of Commerce ( CM), down 1.6%, Shinhan Financial Group ( SHG), down 1.4% and Mitsubishi UFJ Financial Group ( MTU), down 1.2%.

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

3. UBS ( UBS) is one of the companies pushing the Banking industry higher today. As of noon trading, UBS is up $0.46 (2.7%) to $17.28 on heavy volume. Thus far, 2.5 million shares of UBS exchanged hands as compared to its average daily volume of 2.1 million shares. The stock has ranged in price between $17.10-$17.42 after having opened the day at $17.16 as compared to the previous trading day's close of $16.83.

UBS AG, a financial services firm, provides retail, wealth management, corporate and institutional banking, asset management, and investment banking products and services worldwide. The company's Wealth Management division provides financial services to high net worth individuals. UBS has a market cap of $63.6 billion and is part of the financial sector. Shares are down 12.6% year-to-date as of the close of trading on Thursday. Currently there are 3 analysts who rate UBS a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates UBS as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow and a generally disappointing performance in the stock itself. Get the full UBS 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, Credicorp ( BAP) is up $3.11 (2.1%) to $151.61 on light volume. Thus far, 99,794 shares of Credicorp exchanged hands as compared to its average daily volume of 291,300 shares. The stock has ranged in price between $148.50-$151.66 after having opened the day at $148.50 as compared to the previous trading day's close of $148.50.

Credicorp Ltd., through its subsidiaries, provides financial and health services primarily in Peru, the Cayman Islands, Bolivia, Chile, Colombia, and Panama. The company operates in four segments: Banking, Insurance, Pension Funds, and Investment Banking. Credicorp has a market cap of $11.9 billion and is part of the financial sector. Shares are up 11.9% year-to-date as of the close of trading on Thursday. Currently there are 3 analysts who rate Credicorp a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Credicorp as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and increase in net income. However, as a counter to these strengths, we find that the company's return on equity has been disappointing. Get the full Credicorp 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, Deutsche Bank ( DB) is up $0.34 (1.0%) to $32.94 on average volume. Thus far, 865,501 shares of Deutsche Bank exchanged hands as compared to its average daily volume of 2.0 million shares. The stock has ranged in price between $32.78-$33.08 after having opened the day at $32.91 as compared to the previous trading day's close of $32.60.

Deutsche Bank AG 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 $45.3 billion and is part of the financial sector. Shares are down 29.1% year-to-date as of the close of trading on Thursday. Currently there are 2 analysts who 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 and disappointing return on equity. Get the full Deutsche 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.

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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