SPDR S&P Bank ETF (KBE)
| Assets | $1.42B |
| Expense Ratio | 0.35% |
| PE Ratio | 13.52 |
| Shares Out | 24.15M |
| Dividend (ttm) | $1.45 |
| Dividend Yield | 2.57% |
| Ex-Dividend Date | Sep 22, 2025 |
| Payout Frequency | Quarterly |
| Payout Ratio | 34.80% |
| Volume | 2,207,979 |
| Open | 57.10 |
| Previous Close | 57.46 |
| Day's Range | 56.14 - 57.76 |
| 52-Week Low | 44.34 |
| 52-Week High | 63.74 |
| Beta | 0.98 |
| Holdings | 104 |
| Inception Date | Nov 8, 2005 |
About KBE
Fund Home PageThe 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.
Top 10 Holdings
11.38% of assets| Name | Symbol | Weight |
|---|---|---|
| Comerica Incorporated | CMA | 1.21% |
| Wells Fargo & Company | WFC | 1.16% |
| PennyMac Financial Services, Inc. | PFSI | 1.16% |
| Bank of America Corporation | BAC | 1.13% |
| Valley National Bancorp | VLY | 1.12% |
| Citigroup Inc. | C | 1.12% |
| The Bank of New York Mellon Corporation | BK | 1.12% |
| The Bancorp, Inc. | TBBK | 1.12% |
| FB Financial Corporation | FBK | 1.12% |
| BankUnited, Inc. | BKU | 1.11% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 22, 2025 | $0.37133 | Sep 24, 2025 |
| Jun 23, 2025 | $0.36619 | Jun 25, 2025 |
| Mar 24, 2025 | $0.37738 | Mar 26, 2025 |
| Dec 23, 2024 | $0.33838 | Dec 26, 2024 |
| Sep 23, 2024 | $0.32452 | Sep 25, 2024 |
| Jun 24, 2024 | $0.33057 | Jun 26, 2024 |
Performance
KBE had a total return of 4.90% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.88%.
News
US bank rout prompts deal speculation as credit worries loom
Jitters around U.S. banks' exposure to loan losses have fueled expectations for more mergers and acquisitions as big buyers may be spurred to look to absorb smaller or weaker rivals, according to four...
'Cockroach' jabs and regional bank breakdowns: The week private credit's 'golden' narrative got a little less shiny
Jamie Dimon's concern over "cockroaches" in credit has spawned a debate about private credit. While some industry watchers sound the alarm on the booming industry, others are more sanguine.
Review & Preview: The Banks Are OK, For Now
A day after worries about the U.S. banking system threatened to spin out of control, the market took a deep breath.
Investors believe credit issues are idiosyncratic, says Trivariate's Adam Parker
Adam Parker, Trivariate Research founder, joins 'Closing Bell' to discuss Parker's thoughts on the credit environment, what could go wrong with capital expenditures and much more.
Global bank stocks wobble amid U.S. credit concerns
Fear over credit quality in U.S. regional banks rippled through markets on Friday, dragging global financial stocks lower and reviving memories of the crisis of confidence that shook sentiment just ov...
The 'Halftime' Investment Committee discusses whether you can bank on financials
The Investment Committee debate whether financials can continue pushing higher.
History Favors the Financial Sector Following Rate Cuts
The first rate cut of the year gives investors the opportunity to position their portfolios to capture future upside in certain sectors, should further cuts occur. History has an uncanny ability to re...
KBE: Quality Regional Banks ETF, Bet On The Health Of The U.S. Economy
KBE offers highly diversified, best-in-class exposure to regional and diversified banks, with a competitive expense ratio and solid dividend yield. The fund trades at a significant valuation discount ...
Industrials, Banks to Drive M&A: Morgan Stanley's Miles
Dealmakers are raking in billions in M&A despite lingering fears about trade wars and geopolitics. Transaction values are up almost a fifth this year at $2.2 trillion, according to data compiled by Bl...
KBW CEO: Bank earnings improvement story is underway
Tom Michaud, KBW CEO, joins 'Power Lunch' to discuss the status of regional banks, what AI can do for the company's valuation and much more.
U.S. Banks Maintain Favorable Earnings While Confronting Economic Uncertainty
US banks' net interest margins are poised to expand, but higher-for-longer interest rates and uncertainty created by tariffs will push credit costs higher and limit earnings growth in 2025. Banks' ear...
Regional bank consolidation will heat up soon, says Commerce Street CEO Dory Wiley
CNBC's "Power Lunch" team breaks down what is moving markets during the day's trading session, including bank earnings, and more with Jay Woods, chief global strategist at Freedom Capital Markets, and...
Upside scenario is becoming base case for Big Banks, says KBW's McGratty
Chris McGratty, KBW, joins 'Fast Money' to talk what to expect out of Big Bank earnings following KBW's upgrades for JPMorgan and Morgan Stanley.
Why this technical analyst is bullish on regional banks
Jay Woods, Chief Global Strategist for Freedom Capital Markets, explains why he's so high on regional banks.
UBS' Erika Najarian: Banks are in wait-and-see mode
Erika Najarian, UBS large cap bank analyst, joins CNBC's 'Squawk on the Street' to discuss what's on deck for banks in the second half of the year.
Banks capital-return plans on deck after market close
CNBC's Leslie Picker joins 'Squawk on the Street' with the latest news on the banking sector.
Banks rise on regulatory hopes
CNBC's Leslie Picker joins 'Money Movers' to discuss the financial sector seeing a rise is stock amid passing the Fed's stress test.
Loosening capital requirements will lead to increased bank M&A, says RBC's Gerard Cassidy
CNBC's "Fast Money" is joined by Gerard Cassidy, head of U.S. bank equity strategy and large cap bank analyst at RBC Capital Markets, to discuss the outlook for the banking industry, the upcoming resu...
Fed Votes to Advance Proposal to Ease Banks' Capital Requirements
The Federal Reserve reportedly voted Wednesday (June 25) to advance a proposal that would ease the “enhanced supplementary leverage ratio” that determines the amount of capital banks must hold against...
Divided Fed proposes rule to ease capital requirements for big Wall Street banks.
The Federal Reserve unveiled a proposal on Wednesday to ease Tier 1 capital requirements for the biggest U.S. banks, CNBC's Leslie Picker reports, though not everyone at the central bank agreed with t...
New York banks, REITs fall as Mamdani's mayoral lead stokes rent freeze worries
Shares of several New York-based banks and real estate investment trusts fell on Wednesday as Zohran Mamdani's lead in New York City's Democratic mayoral primary stoked concerns that his proposed rent...
Financials Up as Treasury Yields Flatten Out -- Financials Roundup
Shares of banks and other financial institutions rose as Treasury yields fell for the second straight week.
Call of the Day: Bank stocks
Oppenheimer is downgrading the banks. It's our Call of the Day.
KBE: Banks Are Cheap Post-Liberation Day, Macro Fears Easing
The odds of a US recession have dropped sharply, easing macro fears and supporting a more constructive outlook for banks. KBE offers attractive valuation, high yield, and diversified exposure to US ba...
Banks boosted by trade and economic hopes, but Tim And Karen fade Citi
The 'Fast Money' traders talk how they are playing big banks.
Mid-cap and regional banks are at an inflection point, says Janney's Chris Marinac
CNBC's Leslie Picker with Janney's Chris Marinac, join 'The Exchange' to discuss Big Bank earnings and the companies CEOs statements on tariffs, recession concerns and more.
Regional bank reporting will be better reflection of economic uncertainty: RBC's Gerard Cassidy
Gerard Cassidy, RBC Capital Markets Managing Director, joins 'Closing Bell Overtime' to talk quarterly banking results.
Janney's top bank analyst sees 'excessively negative' sentiment toward group
Chris Marinac, Janney Montgomery Scott director of research, joins 'Fast Money' to talk Wall Street's sentiment toward banks ahead of earnings.
KBE: Regional Banking Sector, Competitive EPS And Double-Digit Growth Projections
KBE ETF primarily invests in regional banks, offering a consistent dividend yield and lower standard deviation compared to peers like KRE. Despite a 5-year CAGR of 7.89%, KBE's growth lags behind the ...
Trump 2.0 may create powerful tailwinds for two vastly different groups: big banks and small caps
Two exchange-traded fund experts deliver plays that should deliver multi-year gains.
Tariffs impact on bank lending and the economy
CNBC's Leslie Picker and Steve Liesman join 'Closing Bell' to report on the latest round of potential Trump tariffs impact on investors
KBW CEO: Banking industry is 'turning a corner' on a lot of fronts, here's why
Tom Michaud, KBW CEO, joins 'Squawk on the Street' to discuss what to expect from the spate of bank earnings coming up.
Goldman Sachs is at the heart of regulatory relief, says BofA's Ebrahim Poonawala
Ebrahim Poonawala, Bank of America managing director, joins 'Closing Bell Overtime' to talk changes in the Federal Reserve and what it means for the financial sectors moving forward.
2025 to be a stronger year for bank M&A activity, says Janney Montgomery Scott's Marinac
Chris Marinac, Janney Montgomery Scott, joins 'Fast Money' to talk the outlook for banks and the financial sector in 2025.
Financials lead Trump trade, 'not directly impacted by tariffs', says RBC's Lori Calvasina
The 'Fast Money' traders talk the impact of Trump's reelection on the financial sector.
Trump Win & ETFs
Trump trade ETF beneficiaries.
Uncertainties may face banks after election euphoria fades: analyst
Moody's banking strategist Chris Stanley sees potential headwinds along with positive trends for banks in a new Trump administration.
How Trump will transform banking regulation — even with Powell at the Fed
Regulatory change takes time, but Trump can make several moves immediately to gain control of bank supervision and M&A approval.
ETFs see ‘monumental' flows after U.S. election, shattering previous record
Investors rushed into exchange-funds after Donald Trump won the race to become the 47th president of the U.S., particularly seeking exposure to the country's stock market.
Call of the Day: Oppenheimer raises bank targets
The Investment Committee debate the big bank names.
3-Stock Lunch: Trump Media, KBW Bank & First Trust Nasdaq Cybersecurity
Jay Woods, Freedom Capital Markets chief global strategist, joins 'Power Lunch' to discuss stock plays for three stocks.
Here's the outlook for the banks post-election
Gary Tenner, D.A. Davidson senior research analyst, joins 'Money Movers' to discuss why the financials will be impacted by the election, what could offset potential tailwinds for the banks, and much m...
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...
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.