3 Banking Stocks Pushing Industry Growth

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 33 points (-0.2%) at 16,622 as of Friday, Aug. 28, 2015, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,877 issues advancing vs. 1,144 declining with 123 unchanged.

The Banking industry currently sits up 0.4% versus the S&P 500, which is down 0.1%. On the negative front, top decliners within the industry include Banco Santander Brasil SA/Brazil ( BSBR), down 3.2%, Royal Bank Of Canada ( RY), down 1.0%, Lloyds Banking Group ( LYG), down 0.8% and Bank of Nova Scotia ( BNS), down 0.6%.

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

3. KB Financial Group ( KB) is one of the companies pushing the Banking industry higher today. As of noon trading, KB Financial Group is up $0.63 (2.1%) to $30.50 on average volume. Thus far, 63,146 shares of KB Financial Group exchanged hands as compared to its average daily volume of 103,100 shares. The stock has ranged in price between $30.24-$30.56 after having opened the day at $30.29 as compared to the previous trading day's close of $29.87.

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KB Financial Group Inc., a financial holding company, provides various banking and related financial services to individuals and corporations in South Korea and internationally. KB Financial Group has a market cap of $11.3 billion and is part of the financial sector. The company has a P/E ratio of 9.5, below the S&P 500 P/E ratio of 24.8. Shares are down 8.4% year-to-date as of the close of trading on Thursday. Currently there is 1 analyst who rates KB Financial Group a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates KB Financial Group as a hold. The company's strengths can be seen in multiple areas, such as its attractive valuation levels and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow. Get the full KB Financial Group Ratings Report now.

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2. As of noon trading, BanColombia ( CIB) is up $1.11 (3.4%) to $33.61 on heavy volume. Thus far, 228,063 shares of BanColombia exchanged hands as compared to its average daily volume of 303,000 shares. The stock has ranged in price between $32.14-$33.70 after having opened the day at $32.32 as compared to the previous trading day's close of $32.50.

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Bancolombia S.A. provides various banking products and services to individual, corporate, and government customers. The company operates through Banking Colombia, Banking Panama, Banking El Salvador, Leasing, Trust, Investment Banking, Brokerage, Off Shore, Insurance, and All Other segments. BanColombia has a market cap of $7.4 billion and is part of the financial sector. Shares are down 32.1% year-to-date as of the close of trading on Thursday. Currently there are 2 analysts who rate BanColombia a buy, 2 analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates BanColombia as a hold. Among the primary strengths of the company is its expanding profit margins over time. At the same time, however, we also find weaknesses including unimpressive growth in net income, feeble growth in the company's earnings per share and a generally disappointing performance in the stock itself. Get the full BanColombia Ratings Report now.

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1. As of noon trading, Mitsubishi UFJ Financial Group ( MTU) is up $0.06 (0.8%) to $6.76 on light volume. Thus far, 466,526 shares of Mitsubishi UFJ Financial Group exchanged hands as compared to its average daily volume of 1.5 million shares. The stock has ranged in price between $6.73-$6.79 after having opened the day at $6.75 as compared to the previous trading day's close of $6.71.

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Mitsubishi UFJ Financial Group, Inc., through its subsidiaries, provides financial services in Japan and internationally. Mitsubishi UFJ Financial Group has a market cap of $90.7 billion and is part of the financial sector. Shares are up 21.3% year-to-date as of the close of trading on Thursday. Currently there are 2 analysts who rate Mitsubishi UFJ Financial Group a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Mitsubishi UFJ Financial Group as a hold. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, expanding profit margins and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity. Get the full Mitsubishi UFJ Financial Group Ratings Report now.

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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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