May 06, 2013 (Fast Lane via COMTEX) -- Analysis was conducted on the Regional Banks industry to measure relative performance to find stocks that have underperformed. Relative underperformance is a possible bearish sign of underlying fundamental and technical weakness should it continue for an extended period of time. We looked at yesterday's price action of all companies in this peer group and measured their performance against one another. Western Alliance Bancorp (NYSE:WAL) ranks first with a loss of 0.42%; Banco Popular (NASDAQ:BPOP) ranks second with a loss of 0.03%; and M&T Bank (NYSE:MTB) ranks third with a gain of 0.35%.
Susquehanna Bancshares (NASDAQ:SUSQ) follows with a gain of 0.53% and PrivateBancorp (NASDAQ:PVTB) rounds out the bottom five with a gain of 0.63%.Western Alliance Bancorp is a multi-bank holding company. The Company provides a full range of banking and related services to businesses and consumers in Nevada, Arizona, and California.
---------------------------------------------------------------------------------------------
Financial News Network Online (FNNO) is a leading provider of digital financial news content for distribution on the web. You can count on FNNO to bring you the latest market news, earnings reports, analyst comments, economic data reports and more. Visit http://www.fnno.com today.
Copyright, Comtex News Network, Inc. 2013
