3 Banking Stocks Driving The Industry Higher

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.

One out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 13 points (0.1%) at 17,609 as of Tuesday, June 30, 2015, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,652 issues advancing vs. 1,385 declining with 154 unchanged.

The Banking industry currently sits up 0.2% versus the S&P 500, which is unchanged.

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

3. Banco Santander Brasil SA/Brazil ( BSBR) is one of the companies pushing the Banking industry higher today. As of noon trading, Banco Santander Brasil SA/Brazil is up $0.10 (1.9%) to $5.40 on average volume. Thus far, 480,169 shares of Banco Santander Brasil SA/Brazil exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $5.32-$5.43 after having opened the day at $5.40 as compared to the previous trading day's close of $5.30.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

Banco Santander (Brasil) S.A. provides banking products and services in Brazil and internationally. It offers commercial banking, investment, mortgage, leasing, credit card, and foreign exchange services, as well as various lending and financing services. Banco Santander Brasil SA/Brazil has a market cap of $41.3 billion and is part of the financial sector. Shares are up 5.6% year-to-date as of the close of trading on Monday. Currently there are no analysts who rate Banco Santander Brasil SA/Brazil a buy, 1 analyst rates it a sell, and 2 rate it a hold.

TheStreet Ratings rates Banco Santander Brasil SA/Brazil as a hold. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, good cash flow from operations and notable return on equity. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, poor profit margins and a generally disappointing performance in the stock itself. Get the full Banco Santander Brasil SA/Brazil Ratings Report now.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

If you liked this article you might like

Trader's Daily Notebook: Is a Battered Brazil Worth a Buy?

Bullish and Bearish Reversals in the Market

These 5 Stocks Under $10 Look Ready to Break Higher

Sprint, Chesapeake, 3 More Stocks Under $10 Look Ready to Break Higher

These 5 Financial Sector Trades Are Breaking Out Ahead of the Rate Hike