iShares U.S. Regional Banks ETF (IAT)
| Assets | $768.58M |
| Expense Ratio | 0.40% |
| PE Ratio | 14.70 |
| Shares Out | 15.55M |
| Dividend (ttm) | $1.57 |
| Dividend Yield | 3.12% |
| Ex-Dividend Date | Sep 25, 2024 |
| Payout Ratio | 45.12% |
| 1-Year Return | +18.16% |
| Volume | 1,464,198 |
| Open | 49.27 |
| Previous Close | 49.46 |
| Day's Range | 49.25 - 50.66 |
| 52-Week Low | 38.40 |
| 52-Week High | 57.69 |
| Beta | 1.11 |
| Holdings | 38 |
| Inception Date | May 1, 2006 |
About IAT
Fund Home PageThe iShares U.S. Regional Banks ETF (IAT) is an exchange-traded fund that is based on the DJ US Select / Regional Banks index. The fund tracks the performance of an index of small- and mid-cap regional banks. IAT was launched on May 1, 2006 and is issued by BlackRock.
Top 10 Holdings
68.08% of assets| Name | Symbol | Weight |
|---|---|---|
| The PNC Financial Services Group, Inc. | PNC | 14.02% |
| U.S. Bancorp | USB | 13.88% |
| Truist Financial Corporation | TFC | 10.75% |
| Fifth Third Bancorp | FITB | 4.75% |
| M&T Bank Corporation | MTB | 4.64% |
| First Citizens BancShares, Inc. | FCNCA | 4.54% |
| Huntington Bancshares Incorporated | HBAN | 4.52% |
| Regions Financial Corporation | RF | 4.17% |
| Citizens Financial Group, Inc. | CFG | 3.73% |
| KeyCorp | KEY | 3.08% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 25, 2024 | $0.444 | Sep 30, 2024 |
| Jun 11, 2024 | $0.340 | Jun 17, 2024 |
| Mar 21, 2024 | $0.304 | Mar 27, 2024 |
| Dec 20, 2023 | $0.482 | Dec 27, 2023 |
| Sep 26, 2023 | $0.499 | Oct 2, 2023 |
| Jun 7, 2023 | $0.310 | Jun 13, 2023 |
News
IAT: Why Regional Banks Could Be The Ultimate Post-Election Play
A strong economy keeps the S&P 500 near highs, with potential post-election gains for regional banks. The iShares U.S. Regional Banks ETF offers value with a 3.2% dividend and low P/E ratio, despite s...
IAT: Charge-Offs Up, Office Real Estate Continuous Concern
iShares U.S. Regional Banks ETF is heavily exposed to commercial real estate loans, leading to potential losses ahead of a huge CRE maturity wall. A lot of that debt is office real estate, which is th...
IAT: Caution Still Warranted On Regional Banks
Regional banks have seen a strong relief rally in recent months. At current levels, valuations are higher, and future earnings expectations are more optimistic. With more potential headwinds than tail...
KRE and IAT ETFs: Regional banks brace for a $1 trillion meltdown
The SPDR S&P Regional Banking ETF (KRE) and iShares US Regional Banks ETF (IAT) have moved into a correction in the past few weeks, falling by over 13% from the YTD high. KRE has retreated to $46.83 w...
IAT ETF: Some Good, Some Bad
iShares US Regional Banks ETF, which tracks the Dow Jones U.S. Select Regional Banks Index, has underperformed the broader market over the past year. We touch upon some of the underlying conditions af...
IAT: Not The Time
Credit contraction and trouble in regional banks suggest caution in buying into the sector. The iShares U.S. Regional Banks ETF provides targeted access to domestic regional bank stocks. The underperf...
Why We May Be Only In The Early Stages Of A Banking Crisis
Bank assets and liabilities are at an extreme duration mismatch, where balance sheets are filled with long-duration, low-yielding fixed-income securities and loans, while liabilities are shorter-term ...
IAT: Regional Banks Breakout, Shares Very Cheap
he iShares U.S. Regional Banks ETF has been initiated with a buy rating due to its low valuation and improved technical trends. The fund, which has less than $1 billion in assets under management, hol...
Regional banks slump after report Yellen told bank leaders more mergers may be needed
The KBW Regional Bank index KRX, -3.11% slumped over 3%, after a report from CNN that Treasury Secretary Janet Yellen told bank chief executives than more mergers may be necessary. The CNN report, cit...
Regional bank crisis: 'I'm confident we will have more' bank failures, former FDIC chair says
Former FDIC Chair Bill Isaac joins Yahoo Finance Live anchor Diane King Hall to discuss regional banking failures, including SVB and Signature Bank, banking executives' testimonies in Congress, advice...
Regional Banking Concerns Produce Financial Services ETF Outflows
Lipper Financial Services ETFs recorded their largest weekly outflow of the year over the past fund flows week (-$1.4 billion). On top of the bank failures, market participants are worried about the l...
Bank stocks in the red, regional bank stocks mixed in the morning trading session
The Yahoo Finance Live show discusses the performance of bank stocks and retail sales in today's trading session.
Bond Selloff Adds to the Pressure on Regional Banks
Rising yields on debt threaten higher borrowing costs for lenders.
Deposit insurance cap needs to be significantly higher, says Atlas Merchant Capital CEO
Bob Diamond, Atlas Merchant Capital CEO, joins 'Squawk on the Street' to discuss why the mini-bank crisis is far from over, if the economy is at risk of losing more banks to failures, and more.
IAT: Regional Banks Are Falling Like Dominos
IAT provides targeted exposure to U.S. regional banks. The FDIC's handling of SIVB, SBNY, and FRC's failure has set bad precedents. Any rumour of trouble or sale is now met with a rush for the exits b...
ETF Edge: More money going into regional bank ETFs despite falling prices
CNBC's Bob Pisani with Reggie Brown, GTS Principal, joins 'Halftime Report' to discuss the regional bank fallout impact on financial ETFs.
Why are banks failing?
Fox News contributor Liz Peek shares her insight on how Fed rate hikes are contributing to U.S. bank failures on ‘The Evening Edit.'
Looking Through Banking Weakness
While uncertainty has increased, we believe fundamentals remain largely solid for the U.S. banking sector. Much of what happened in March, and later in the failure of First Republic Bank, was idiosync...
Bank ETFs rise as earnings roll out – but investors aren't piling in with cash
Hello! This week's ETF Wrap shines the light on banking ETFs after March's brutal selloff and as banks deliver their first-quarter earnings.
Regional banks are the lending machine of the U.S., says Requisite's Bryn Talkington
Dan Greenhaus of Solus Alternative Asset Management and Bryn Talkington of Requisite Capital Management, joins 'Closing Bell' to discuss big banks earnings numbers, regional bank's impacting economic ...
Banks Are On Sale But Risks Remain
One month ago, Silicon Valley Bank failed, with a resulting decline across the diversified banking industry. Some investors may be tempted to buy the dip, while others are considering doubling down on...
What crisis? U.S. bank-focused ETFs see strongest demand in months in March
March recorded the worst U.S. bank failures since the 2008 crisis, but that did not stop some investors from snapping up battered financial stocks to bolster their bets on the sector's long-term healt...