SPDR S&P Bank ETF (KBE)
| Assets | $1.97B |
| Expense Ratio | 0.35% |
| PE Ratio | 9.70 |
| Shares Out | 37.50M |
| Dividend (ttm) | $1.35 |
| Dividend Yield | 2.47% |
| Ex-Dividend Date | Jun 24, 2024 |
| Payout Ratio | 23.98% |
| 1-Year Return | +30.05% |
| Volume | 2,316,040 |
| Open | 54.20 |
| Previous Close | 53.81 |
| Day's Range | 54.17 - 54.81 |
| 52-Week Low | 33.97 |
| 52-Week High | 54.81 |
| Beta | 1.04 |
| Holdings | 93 |
| 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
12.97% of assets| Name | Symbol | Weight |
|---|---|---|
| The Bancorp, Inc. | TBBK | 1.47% |
| Axos Financial, Inc. | AX | 1.35% |
| BankUnited, Inc. | BKU | 1.31% |
| First Financial Bankshares, Inc. | FFIN | 1.30% |
| SouthState Corporation | SSB | 1.28% |
| Western Alliance Bancorporation | WAL | 1.28% |
| Community Bank System, Inc. | CBU | 1.27% |
| Independent Bank Corp. | INDB | 1.26% |
| Columbia Banking System, Inc. | COLB | 1.23% |
| Ameris Bancorp | ABCB | 1.22% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| 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 |
| Mar 20, 2023 | $0.26555 | Mar 23, 2023 |
News
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.
Q2 Earnings Season: Financials First Up to Bat
Earnings season is just around the corner. It could prove critical to justifying the record rally we've seen thus far in 2024.
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 ...
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 ...
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.
Banks Believe They Are Well-Prepared for Commercial Real Estate Fallout
Banks have built up substantial reserves against office loans going bad.
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.
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, ...
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...
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.
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.
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.
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...
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."
KBW CEO on banking warning signs: Commercial real estate losses not a systemic risk
Thomas Michaud, KBW president and CEO, joins 'Squawk on the Street' to discuss what the chief executive makes of the commercial real estate sector's impact on the banks, the gap between the bulge brac...
Elevated risks for U.S. banks: Here's what you need to know
Ebrahim Poonawala, head of North American banks research at BofA Securities, joins 'Power Lunch' to discuss the risks to U.S. banks and headwinds the sector faces.
Regional-bank stocks are back under pressure as investors get ‘a dose of reality' about obstacles to cutting rates
Shares of regional banks were hit especially hard on Tuesday after an inflation reading came in surprisingly strong, raising more concerns about potential fallout to commercial real estate from higher...
Banks should see peak of commercial real estate fallout by second half of 2025: Chris Marinac
Chris Marinac, Janney Montgomery Scott, joins 'Fast Money' to talk the state of regional and big banks after both sectors sunk in today's sell off.