SPDR S&P Bank ETF (KBE)

NYSEARCA: KBE · IEX Real-Time Price · USD
44.27
+0.87 (1.99%)
Apr 19, 2024, 1:46 PM EDT - Market open
1.99%
Assets $1.28B
Expense Ratio 0.35%
PE Ratio 7.69
Shares Out 30.00M
Dividend (ttm) $1.32
Dividend Yield 2.99%
Ex-Dividend Date Mar 18, 2024
Payout Ratio 23.22%
1-Year Return +15.82%
Volume 776,554
Open 43.26
Previous Close 43.40
Day's Range 43.20 - 44.39
52-Week Low 30.85
52-Week High 47.39
Beta 1.39
Holdings 93
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

15.28% of assets
Name Symbol Weight
Jackson Financial Inc. JXN 1.61%
Corebridge Financial, Inc. CRBG 1.61%
Equitable Holdings, Inc. EQH 1.59%
Citigroup Inc. C 1.52%
Wells Fargo & Company WFC 1.50%
First Citizens BancShares, Inc. FCNCA 1.50%
Radian Group Inc. RDN 1.49%
Northern Trust Corporation NTRS 1.49%
Bank of America Corporation BAC 1.48%
Cullen Frost Bankers Inc. CFR 1.48%
View More Holdings

Dividends

Ex-Dividend Amount Pay Date
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
Dec 19, 2022 $0.41984 Dec 22, 2022
Full Dividend History

News

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 hours 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
2 days 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
3 days 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
6 days 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 days 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
21 days 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
4 weeks 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
5 weeks 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: NYCBKRE
6 weeks ago - Bloomberg Markets and Finance

A second Trump term may benefit these stock-market sectors most

There's a real possibility that former President Donald Trump may retake the White House in November, according to the latest polls.

Other symbols: ACWXEEMFXIITAPBWXLE
7 weeks ago - Market Watch

How Themes ETFs Stands Out in Crowded Market

There are more than 200 ETF providers in the $8 trillion U.S. ETF market, but I'm intrigued by a recent entrant's ambitions. In December 2023, Themes ETFs introduced 11 ETFs.

Other symbols: AIRLCZARGSIBSPAMWISE
7 weeks ago - ETF Trends

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...

Other symbols: KBWBKRE
2 months ago - CNBC Television

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.

Other symbols: KRE
2 months ago - CNBC Television

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...

Other symbols: KRE
2 months ago - Market Watch

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.

Other symbols: KRE
2 months ago - CNBC Television

Large-cap financials face some risk to the downside, similar to the regionals, says BTIG's Krinsky

Jonathan Krinsky, BTIG chief market technician, joins 'Closing Bell' to discuss his expectation for more downside risk to the market.

Other symbols: KREXLF
2 months ago - CNBC Television

BlackRock's Rieder Sees More Bank Trouble After NYCB

"I think you're going to see a consolidation of the banking system," Rick Rieder, BlackRock CIO of global fixed income, while commenting on the plunge in New York Community Bancorp shares during an in...

Other symbols: NYCBKRE
2 months ago - Bloomberg Markets and Finance

Financials is the one sector that will surprise you this year, says Virtus Investment's Terranova

Joe Terranova and Jenny Harrington join CNBC's Halftime Report to pick their favorite financials in the sector.

Other symbols: BACCGSXLF
2 months ago - CNBC Television

Bridgewater's Rebecca Patterson says stricter capital requirements could put pressure on banks

The 'Fast Money' traders talk banking and capital requirements with guest trader Rebecca Patterson.

3 months ago - CNBC Television

Banks could see upside if soft landing comes into place, says RBC's Gerard Cassidy

CNBC's Leslie Picker and Gerard Cassidy, RBC Capital Markets Head of U.S. Bank Equity Strategy, join 'Closing Bell Overtime' to talk the recent slate of bank earnings and what they tell us about the s...

Other symbols: KRE
3 months ago - CNBC Television

Breaking down big bank earnings

The Investment Committee breaks down the significant bank earnings and picks their favorite name in the sector.

Other symbols: BACCJPMWFC
3 months ago - CNBC Television

US bank stocks drop as Fed policymaker plays down rate-cut expectations

U.S. bank stocks fell on Friday after a U.S. Federal Reserve policymaker dashed market expectations of interest-rate cuts early next year but were still trading close to the level last seen before the...

Other symbols: KEYRFTFCWAL
4 months ago - Reuters

Bank stocks rally to pre-crisis levels after Fed meeting

Shares in U.S. banks were rallying strongly on Thursday after the Federal Reserve signaled potential interest rate cuts in 2024 with the sector returning to its highest level since early March just be...

Other symbols: BACCGSJPMKREMSWFC
4 months ago - Reuters

Bank Stocks Are Hated. The Case For Buying Them Now.

The SPDR S&P Bank exchange-traded fund is down 18% this year

5 months ago - Barrons

Fed: Banks Healthier Than in 2008 but Still Vulnerable

America's banks are in a steadier place than they were in 2008. But according to a recent Federal Reserve report, that doesn't mean they're completely healthy.

Other symbols: KRE
5 months ago - PYMNTS