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Shares of Cit Group Inc Rank the Highest in Terms of Relative Performance in the Regional Banks Industry (CIT , FITB , SIVB , MTB , PNC )

By Amy Schwartz

We looked at the Regional Banks industry and measured relative performance to find the top stocks. Relative outperformance is a bullish sign of underlying fundamental and technical strength. We look at yesterday's price action of all companies in this peer group.

Cit Group Inc (NYSE:CIT ) ranks first with a gain of 18.19%; Fifth Third Banc (NASDAQ:FITB ) ranks second with a gain of 15.63%; and Svb Financial Gr (NASDAQ:SIVB ) ranks third with a gain of 14.34%.

M&T Bank Corp (NYSE:MTB ) follows with a gain of 12.13% and Pnc Financial Se (NYSE:PNC ) rounds out the top five with a gain of 11.69%.

SmarTrend is monitoring the recent change of momentum in Cit Group Inc. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Cit Group Inc in search of a potential trend change.

Keywords: relative performance cit group inc fifth third banc svb financial gr m&t bank corp pnc financial se