SPDR S&P Bank ETF (KBE)
| Assets | $2.29B |
| Expense Ratio | 0.35% |
| PE Ratio | 12.52 |
| Shares Out | 41.40M |
| Dividend (ttm) | $1.31 |
| Dividend Yield | 2.35% |
| Ex-Dividend Date | Sep 23, 2024 |
| Payout Ratio | 28.83% |
| 1-Year Return | +20.58% |
| Volume | 3,653,212 |
| Open | 54.59 |
| Previous Close | 54.95 |
| Day's Range | 54.59 - 56.39 |
| 52-Week Low | 42.14 |
| 52-Week High | 63.74 |
| Beta | 1.14 |
| Holdings | 96 |
| 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
13.53% of assets| Name | Symbol | Weight |
|---|---|---|
| Apollo Global Management, Inc. | APO | 1.63% |
| Wells Fargo & Company | WFC | 1.44% |
| First Horizon Corporation | FHN | 1.34% |
| Webster Financial Corporation | WBS | 1.34% |
| Cullen/Frost Bankers, Inc. | CFR | 1.32% |
| East West Bancorp, Inc. | EWBC | 1.32% |
| Citigroup Inc. | C | 1.31% |
| Pinnacle Financial Partners, Inc. | PNFP | 1.29% |
| Wintrust Financial Corporation | WTFC | 1.29% |
| JPMorgan Chase & Co. | JPM | 1.26% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 23, 2024 | $0.325 | Sep 25, 2024 |
| Jun 24, 2024 | $0.331 | Jun 26, 2024 |
| Mar 18, 2024 | $0.311 | Mar 21, 2024 |
| Dec 18, 2023 | $0.343 | Dec 21, 2023 |
| Sep 18, 2023 | $0.368 | Sep 21, 2023 |
| Jun 20, 2023 | $0.301 | Jun 23, 2023 |
News
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.
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.
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.
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...
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...
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
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.
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.
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 ...
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...
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...
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.
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.
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 ...