3 Stocks Advancing The Banking Industry

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 4 points (0.0%) at 18,344 as of Wednesday, July 13, 2016, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,211 issues advancing vs. 1,725 declining with 124 unchanged.

The Banking industry currently sits down 0.1% versus the S&P 500, which is down 0.2%. A company within the industry that increased today was Mitsubishi UFJ Financial Group ( MTU), up 1.5%. On the negative front, top decliners within the industry include Lloyds Banking Group ( LYG), down 1.2%, and ING Groep ( ING), down 0.6%.

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

3. Credicorp ( BAP) is one of the companies pushing the Banking industry higher today. As of noon trading, Credicorp is up $2.18 (1.4%) to $157.40 on average volume. Thus far, 172,716 shares of Credicorp exchanged hands as compared to its average daily volume of 389,700 shares. The stock has ranged in price between $154.33-$159.19 after having opened the day at $155.22 as compared to the previous trading day's close of $155.22.

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Credicorp Ltd., through its banking and non-banking subsidiaries, provides a range of financial, insurance, and health services and products primarily in Peru and internationally. It operates through four segments: Banking, Insurance, Pension Funds, and Investment Banking. Credicorp has a market cap of $14.8 billion and is part of the financial sector. Shares are up 59.5% year-to-date as of the close of trading on Tuesday. Currently there are 4 analysts who rate Credicorp a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Credicorp as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, expanding profit margins and notable return on equity. However, as a counter to these strengths, we find that the growth in the company's net income has been quite unimpressive. Get the full Credicorp Ratings Report now.

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2. As of noon trading, Royal Bank of Canada ( RY) is up $0.50 (0.8%) to $61.16 on average volume. Thus far, 767,126 shares of Royal Bank of Canada exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $60.43-$61.24 after having opened the day at $60.73 as compared to the previous trading day's close of $60.66.

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Royal Bank of Canada, together with its subsidiaries, operates as a diversified financial service company worldwide. The company operates in five segments: Personal & Commercial Banking; Wealth Management; Insurance; Investor & Treasury Services; and Capital Markets. Royal Bank of Canada has a market cap of $88.3 billion and is part of the financial sector. Shares are up 13.2% year-to-date as of the close of trading on Tuesday. Currently there are 2 analysts who 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, increase in net income and good cash flow from operations. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year. Get the full Royal Bank of Canada Ratings Report now.

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1. As of noon trading, Toronto-Dominion Bank ( TD) is up $0.28 (0.7%) to $43.48 on average volume. Thus far, 815,275 shares of Toronto-Dominion Bank exchanged hands as compared to its average daily volume of 1.7 million shares. The stock has ranged in price between $43.07-$43.54 after having opened the day at $43.21 as compared to the previous trading day's close of $43.20.

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The Toronto-Dominion Bank, together with its subsidiaries, provides various retail and commercial banking products and services in Canada, the United States, and internationally. The company operates through Canadian Retail, U.S. Retail, and Wholesale Banking segments. Toronto-Dominion Bank has a market cap of $78.3 billion and is part of the financial sector. Shares are up 10.3% year-to-date as of the close of trading on Tuesday. Currently there are 3 analysts who rate Toronto-Dominion Bank a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Toronto-Dominion Bank as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share 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 Toronto-Dominion Bank 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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