3 Stocks Underperforming Today In The Banking Industry

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%. 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%. A company within the industry that increased today was Royal Bank of Scotland Group (The ( RBS), up 2.4%.

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

3. Royal Bank Of Canada ( RY) is one of the companies pushing the Banking industry lower today. As of noon trading, Royal Bank Of Canada is down $0.74 (-1.0%) to $71.89 on average volume. Thus far, 279,050 shares of Royal Bank Of Canada exchanged hands as compared to its average daily volume of 389,500 shares. The stock has ranged in price between $71.77-$72.39 after having opened the day at $72.25 as compared to the previous trading day's close of $72.63.

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 $105.2 billion and is part of the financial sector. Shares are up 8.0% year-to-date as of the close of trading on Thursday. Currently there are 4 analysts that 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 solid stock price performance. 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.

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, Toronto-Dominion Bank ( TD) is down $0.75 (-1.5%) to $50.48 on average volume. Thus far, 558,235 shares of Toronto-Dominion Bank exchanged hands as compared to its average daily volume of 776,200 shares. The stock has ranged in price between $50.47-$51.02 after having opened the day at $50.94 as compared to the previous trading day's close of $51.23.

The Toronto-Dominion Bank, together with its subsidiaries, provides financial and banking services in North America and internationally. Toronto-Dominion Bank has a market cap of $95.3 billion and is part of the financial sector. Shares are up 8.7% year-to-date as of the close of trading on Thursday. Currently there are 5 analysts that rate Toronto-Dominion Bank a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Toronto-Dominion Bank as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, increase in net income and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Toronto-Dominion 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.

1. As of noon trading, HDFC Bank ( HDB) is down $0.95 (-2.0%) to $45.83 on average volume. Thus far, 458,216 shares of HDFC Bank exchanged hands as compared to its average daily volume of 1.0 million shares. The stock has ranged in price between $45.56-$46.44 after having opened the day at $46.04 as compared to the previous trading day's close of $46.78.

HDFC Bank Limited, together with its subsidiaries, provides a range of banking and financial services to individuals and businesses in India, as well as in Bahrain and Hong Kong. The company operates in four segments: Retail Banking, Wholesale Banking, Treasury, and Other Banking Operations. HDFC Bank has a market cap of $38.2 billion and is part of the financial sector. Shares are up 35.8% year-to-date as of the close of trading on Thursday. Currently there are 2 analysts that rate HDFC Bank a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates HDFC Bank as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity and compelling growth in net income. However, as a counter to these strengths, we find that the growth in the company's earnings per share has not been good. Get the full HDFC 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.

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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