SPDR S&P Bank ETF (KBE)

NYSEARCA: KBE · Real-Time Price · USD
54.65
-0.82 (-1.48%)
Oct 31, 2024, 4:00 PM EDT - Market closed
-1.48%
Assets $2.11B
Expense Ratio 0.35%
PE Ratio 9.74
Shares Out 38.20M
Dividend (ttm) $1.31
Dividend Yield 2.39%
Ex-Dividend Date Sep 23, 2024
Payout Ratio 23.20%
1-Year Return +55.61%
Volume 1,265,800
Open 55.54
Previous Close 55.47
Day's Range 54.65 - 55.67
52-Week Low 35.91
52-Week High 56.41
Beta 1.12
Holdings 96
Inception Date Nov 8, 2005

About KBE

Fund Home Page

The SPDR S&P Bank ETF (KBE) is an exchange-traded fund that is based on the S&P Banks Select Industry index. The fund tracks an equal-weighted index of US banking firms. KBE was launched on Nov 8, 2005 and is issued by State Street.

Asset Class Equity
Category Financial
Region North America
Stock Exchange NYSEARCA
Ticker Symbol KBE
ETF Provider State Street
Index Tracked S&P Banks Select Industry

Top 10 Holdings

13.19% of assets
Name Symbol Weight
Apollo Global Management, Inc. APO 1.39%
East West Bancorp, Inc. EWBC 1.36%
Wells Fargo & Company WFC 1.35%
Jackson Financial Inc. JXN 1.34%
Glacier Bancorp, Inc. GBCI 1.31%
Columbia Banking System, Inc. COLB 1.31%
Cullen/Frost Bankers, Inc. CFR 1.30%
Webster Financial Corporation WBS 1.28%
Corebridge Financial, Inc. CRBG 1.28%
M&T Bank Corporation MTB 1.28%
View More Holdings

Dividends

Ex-Dividend Amount Pay Date
Sep 23, 2024 $0.32452 Sep 25, 2024
Jun 24, 2024 $0.33057 Jun 26, 2024
Mar 18, 2024 $0.31084 Mar 21, 2024
Dec 18, 2023 $0.3432 Dec 21, 2023
Sep 18, 2023 $0.3679 Sep 21, 2023
Jun 20, 2023 $0.30082 Jun 23, 2023
Full Dividend History

News

Moody's changes outlook on US banking system to stable from negative

Ratings agency Moody's on Monday changed its outlook on the United States' banking system to stable from negative, saying that the change reflects expectations that interest rate cuts and sustained mo...

Other symbols: XLF
10 days ago - Reuters

Big Banks are moving toward a more beneficial cycle, says Gabelli Funds' Macrae Sykes

CNBC's Leslie Picker and Gabelli Funds' Macrae Sykes, joins 'Power Lunch' to discuss Big Bank earnings and their outlook for the sector.

16 days ago - CNBC Television

What to watch for when banks report Q3

Thomas Michaud, KBW president and CEO, joins 'Money Movers' to discuss what to watch for in Q3 bank earnings, how the Fed's path for rate cuts could impact the markets, and more.

Other symbols: BACCGSJPMMSWFC
22 days ago - CNBC Television

Loan demand will increase as banks gain confidence the economy is expanding: RBC's Gerard Cassidy

Gerard Cassidy, co-head of global financials research at RBC Capital Markets, joins CNBC's 'Money Movers' to discuss his read on the jobs report, when loan demand will start to increase, and more.

Other symbols: BACCGSJPMKREMSWFC
27 days ago - CNBC Television

Banking stocks for those who worry about a banking crisis

That's because many have significant holdings of commercial real estate (CRE) properties that, if valued at current market rates, would wipe out the banks' net worth. Many vulnerable banks have been a...

2 months ago - Market Watch

KBE: An Opportunity Amid The Global Selloff (Rating Upgrade)

Global markets were rocked as the Japanese Yen carry trade unwound, along with the TOPIX market's worst session since 1987. US banks succumbed to global selling pressure, with the KBE US Bank ETF down...

3 months ago - Seeking Alpha

Why bank stocks don't need ‘rotation out of tech' to keep rising after July jump

While we think tech stocks will return to the front of the pack before long, we think bank stocks may fare better than many over the rest of the year,' says Capital Economics

Other symbols: BACCGSJPMKREMSWFC
3 months ago - Market Watch

There may be opportunity for 'catch up trade' in smaller banks, says Worth Charting's Carter Worth

Carter Worth, Worth Charting founder and CEO, joins 'The Exchange' to discuss bank earnings, stocks to watch, and more.

Other symbols: KRE
3 months ago - CNBC Television

Big Banks Are Taking Hits From Commercial Real Estate

Commercial real estate is often talked about as a problem for smaller banks, but big banks are emerging with the most evident scars so far.

4 months ago - WSJ

Bank woes in commercial real estate could ease with rate cuts, says Moody's

Banks still likely face more fallout from problem commercial real-estate loans, but Federal Reserve rate cuts and increased lending appetite from outside of the banking sector could provide a healing ...

Other symbols: KRE
4 months ago - Market Watch

KBE: Regional Banks At Risk For Continued Underperformance

SPDR S&P Bank ETF is a hold due to its heavy concentration in regional banks and the risk factors associated with them. KBE has underperformed broader financial sector funds such as VFH and XLF that h...

5 months ago - Seeking Alpha

Smaller banks are more dependent on the yield curve, says KBW's Christopher McGratty

Christopher McGratty, KBW head of U.S. bank research, joins 'Money Movers' to discuss the bifurcation between bulge bracket banks and the regionals, why the rate environment is more challenging for th...

Other symbols: KREXLF
6 months ago - CNBC Television

Off The Charts: Where big banks go from here

Fast Money guest trader Chris Verrone takes a closer look at the banking sector after big moves in the sector.

6 months ago - CNBC Television

KBW CEO Tom Michaud reacts to Fed decision's impact on banks and the inflation battle

Tom Michaud, KBW CEO, joins 'Fast Money' to talk the impact of today's FOMC decision to leave rates unchanged and how that will impact banks, inflation, the economy, and more.

6 months ago - CNBC Television

Putting the Pressure on Banks

Gerard Cassidy, Head of US Bank Equity Strategy at RBC Capital Markets, discusses interest rate pressure on the banking industry, a credit crunch, and Jamie Dimon's comments this week at the Economic ...

Other symbols: XLF
6 months ago - Bloomberg Markets and Finance

Banks are well positioned for CRE concerns, says Baird's David George

David George, Baird bank analyst, joins 'Closing Bell' to discuss the banking sector and which banks he's looking at as winners in the sector.

Other symbols: CFGCMAHBANKEYKREMTBPNC
6 months ago - CNBC Television

Banks Believe They Are Well-Prepared for Commercial Real Estate Fallout

Banks have built up substantial reserves against office loans going bad.

Other symbols: KRE
6 months ago - WSJ

ETFs that buy bank stocks are under pressure, lagging U.S. equities market

Exchange-traded funds that hold bank stocks were under pressure Tuesday afternoon, lagging the broader U.S. equities market.

Other symbols: KBWBKRE
7 months ago - Market Watch

Regional banks may be underpriced due to fear, says Commerce Street Holdings CEO Dory Wiley

Dory Wiley, president and CEO of Commerce Street Holdings, and Christopher Marinac, director of research at Janney Montgomery Scott, join CNBC's 'The Exchange' to share their outlooks on bank trades, ...

Other symbols: KRE
7 months ago - CNBC Television

Fundamentals for the big banks are pretty strong, says BofA's Poonawala

Ebrahim Poonawala, Band of America Securities head of North American banks research, joins 'Power Lunch' to discuss if he saw any concerns from bank earnings, what the bank stocks are reacting to, and...

Other symbols: KBWB
7 months ago - CNBC Television

Bank earnings kick off tomorrow: Here's what you need to know

Bank earnings are kicking off tomorrow. The Investment Committee looks ahead to their favorite financial.

Other symbols: BACCGSJPMMSWFCXLF
7 months ago - CNBC Television

Why the chartmaster is switching from the insurers to the big banks

Carter Worth, Worth Charting, joins the 'Fast Money' traders to discuss why he's switching from insurers to big banks.

Other symbols: KRE
7 months ago - CNBC Television

Bank ETFs extend big rally spurred by Fed as U.S. stock market rises toward new peaks

Exchange-traded funds that buy U.S. bank stocks are rising sharply Thursday, extending their big gains notched on the back of the Federal Reserve's policy meeting.

Other symbols: KRE
8 months ago - Market Watch

Mayo on Bank Mergers, Citi's Turnaround, SVB Collapse

Mike Mayo, Wells Fargo head of US large-cap bank research, talks about lessons learned from the collapse of Silicon Valley Bank. He now expects to see more banks merge and why he's so bullish on Citig...

Other symbols: KRE
8 months ago - Bloomberg Markets and Finance

Guggenheim's Millstein Weighs In on NYCB, Health of Banks

Guggenheim Securities Co-Chair Jim Millstein says the community bank system is sound and the recent issues are idiosyncratic during an interview with Sonali Basak on "Balance of Power."

Other symbols: KRE
8 months ago - Bloomberg Markets and Finance