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 65 points (-0.4%) at 16,550 as of Wednesday, Oct. 22, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,484 issues advancing vs. 1,529 declining with 144 unchanged.

The Banking industry currently sits down 0.1% versus the S&P 500, which is down 0.1%. On the negative front, top decliners within the industry include Ocwen Financial ( OCN), down 8.4%, Northern ( NTRS), down 4.0% and Deutsche Bank ( DB), down 1.4%.

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 $0.45 (-0.6%) to $70.88 on heavy volume. Thus far, 482,752 shares of Royal Bank Of Canada exchanged hands as compared to its average daily volume of 573,300 shares. The stock has ranged in price between $70.56-$71.27 after having opened the day at $71.21 as compared to the previous trading day's close of $71.33.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

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 $101.3 billion and is part of the financial sector. Shares are up 6.1% year-to-date as of the close of trading on Tuesday. 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 buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, good cash flow from operations, increase in stock price during the past year and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. 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 $0.30 (-0.6%) to $48.01 on average volume. Thus far, 639,870 shares of Toronto-Dominion Bank exchanged hands as compared to its average daily volume of 1.3 million shares. The stock has ranged in price between $47.75-$48.27 after having opened the day at $48.26 as compared to the previous trading day's close of $48.31.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

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 $87.8 billion and is part of the financial sector. Shares are up 2.5% year-to-date as of the close of trading on Tuesday. 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, impressive record of earnings per share growth, compelling growth in net income, expanding profit margins and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. 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, State Street ( STT) is down $0.54 (-0.8%) to $68.43 on average volume. Thus far, 1.4 million shares of State Street exchanged hands as compared to its average daily volume of 2.1 million shares. The stock has ranged in price between $68.11-$68.93 after having opened the day at $68.93 as compared to the previous trading day's close of $68.97.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

State Street Corporation provides various financial services and products to institutional investors worldwide. State Street has a market cap of $28.6 billion and is part of the financial sector. Shares are down 6.0% year-to-date as of the close of trading on Tuesday. Currently there are 6 analysts that rate State Street a buy, 2 analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates State Street as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels, expanding profit margins, good cash flow from operations and growth in earnings per share. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full State Street 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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