State Street SPDR S&P Bank ETF (KBE)
| Assets | $1.43B |
| Expense Ratio | 0.35% |
| PE Ratio | 13.12 |
| Shares Out | 22.50M |
| Dividend (ttm) | $1.48 |
| Dividend Yield | 2.26% |
| Ex-Dividend Date | Mar 23, 2026 |
| Payout Frequency | Quarterly |
| Payout Ratio | 29.58% |
| Volume | 1,524,818 |
| Open | 65.91 |
| Previous Close | 65.36 |
| Day's Range | 65.48 - 66.32 |
| 52-Week Low | 52.23 |
| 52-Week High | 67.79 |
| Beta | 0.92 |
| Holdings | 102 |
| Inception Date | Nov 8, 2005 |
About KBE
Fund Home PageThe State Street 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
11.53% of assets| Name | Symbol | Weight |
|---|---|---|
| Voya Financial, Inc. | VOYA | 1.24% |
| Citigroup Inc. | C | 1.20% |
| Apollo Global Management, Inc. | APO | 1.19% |
| Corebridge Financial, Inc. | CRBG | 1.14% |
| The Bank of New York Mellon Corporation | BNY | 1.13% |
| Triumph Financial, Inc. | TFIN | 1.13% |
| Northern Trust Corporation | NTRS | 1.13% |
| Cathay General Bancorp | CATY | 1.13% |
| Popular, Inc. | BPOP | 1.12% |
| First BanCorp. | FBP | 1.12% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 23, 2026 | $0.33568 | Mar 25, 2026 |
| Dec 22, 2025 | $0.4086 | Dec 24, 2025 |
| 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 |
Performance
KBE had a total return of 28.64% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.62%.
News
Wall Street's Deregulatory Campaign: Who Pays When Banks Lose?
Wrapped in the technical language of Basel III capital reform, the Bank Policy Institute, American Bankers Association, Financial Services Forum, U.S. Chamber of Commerce, and Consumer Bankers Associa...
Banking Groups Push to Reduce Basel Proposal Capital Charges
Five trade groups said Thursday (June 18) that the federal banking agencies' Basel capital proposal released in March should be altered to eliminate areas of overcapitalization and better align capita...
US banks to make final push on capital rule changes as Fed wraps up consultation
Large U.S. banks on Thursday will formally pitch the central bank on tweaks to a Federal Reserve proposal aimed at reducing the funds they must set aside to absorb potential losses, as the central ba...
Japan bank lobby warns of potential service disruptions due to AI-enabled cyberattacks
Japanese lenders may be forced to suspend services such as ATMs and online banking if sophisticated AI models end up posing a serious threat to the banking system, said the chair of the country's ba...
Deregulating In A Financial Boom: Why Governor Barr Is Right
In a speech delivered on June 6, 2026, at American University, Federal Reserve Governor Michael S. Barr issued one of the most urgent warnings in recent memory about the trajectory of U.S. bank regula...
Tokenized Deposits Set Up Banking's Next Network Race
As volatility again rattles large swathes of the cryptocurrency market, the largest financial institutions in the United States are moving ahead with plans for a shared tokenized deposit network. The ...
Bank Regulators Hope to Sell Congress on Deregulation
Bank regulators in the United States are headed to Congress to tout the benefits of deregulation. Their argument is that scaling back banking rules and oversight will spark economic activity without c...
US bank regulators to tout deregulatory agenda to lawmakers
The nation's top bank regulators plan to tell Congress on Thursday that their efforts to trim bank rules and oversight will bolster economic activity and innovation without injecting undue risk into...
Shadow Banking's $1.47 Trillion Takeover Of U.S. Bank Lending
Two must-read reports — the FDIC Bank Quarterly and the Alvarez & Marsal deregulation primer — reveal how eighteen months of regulatory rollback unleashed an extraordinary surge in bank lending to hed...
U.S. banks report profit uptick in first quarter: FDIC
U.S. banks reported a 3.6% increase in their profits in the first quarter of 2026, rising to $80.5 billion as domestic deposits grew again and banks set aside slightly more against potential losse...
Banks Face A Two-Front War: Inflation And Rising Defaults
For much of the past year, investors and bank regulators hoped the U.S. banking system was moving beyond the regional banking turmoil of 2023. Most banks remained profitable, liquidity conditions impr...
House Votes to Cut Red Tape for Smaller Banks
The House of Representatives passed bills Tuesday (May 12) that would tailor the supervisory requirements and reduce the frequency of examination for smaller financial institutions that are well manag...
OCC Recommends Banks Sharpen AI Defense Tactics
The Office of the Comptroller of the Currency highlighted artificial intelligence as both a risk and an opportunity for innovation in its spring 2026 Semiannual Risk Perspective. AI is one of several ...
Beyond Bank Runs: The OCC Warns Of A More Complex Financial Threat
The Office of the Comptroller of the Currency's latest risk assessment offers a striking message for the banking industry: the U.S. financial system may appear stable on the surface, but underneath, r...
Largest banks trade at higher multiples than smaller banks now, says KBW's Chris McGratty
Chris McGratty, KBW head of U.S. bank research, joins 'Closing Bell' to discuss the upcoming slate of bank earnings, which stocks McGratty favors and much more.
Bank Stocks Slide After Iran Threatens To Target U.S.-Israeli Financial Institutions
Bank stocks slid slightly in pre-market trading Wednesday morning after Iran threatened to strike banks and economic interests in the Middle East linked to the United States and Israel, following an a...
Bank Stocks Have Gotten Hit Hard. It's Time to Think About Buying.
Cheaper valuations for the sector's shares look like an opportunity.
Financial stocks are off to their worst yearly start in a decade. How to spot value.
A screen of the S&P 500 financial sector highlights companies with high returns on equity that are trading at low P/E valuations.
Big Bank Earnings Recap: "Great Shape for 2026," Mind Small Warning Flags
The bulk of big bank earnings are largely in investor hands. Macrae Sykes says the "banking sector's in great shape for 2026.
KBW CEO Tom Michaud: Bank earnings show industry in good shape, suggesting banner year
Tom Michaud, KBW CEO, joins 'Fast Money' to talk bank earnings, what to expect from the sector in 2026, the impact of DC policies and more.
Jim Cramer shares his take on banking stocks
'Mad Money' host Jim Cramer looks at how Big Bank stocks are trading to start the year.
Banks and financials could benefit from the productivity of using AI tools: DWS Group's David Bianco
David Bianco, Americas CIO at DWS Group, joins 'Money Movers' to discuss bank earnings, market themes, and more.
Investors Eye AI Spending in Bank Earnings
JPMorgan CEO Jamie Dimon insisted in the bank's post-earnings call that it will be spending on AI to drive efficiencies and keep up with competitors, in response to an analyst question. As bank earnin...
It's flat-out 'a really good environment' for the banks, says Atlas Merchant Capital CEO
Bob Diamond, Atlas Merchant Capital CEO and former Barclays CEO, joins ‘Squawk on the Street" to discuss his expectations for the banks, opportunities that lie ahead, and more.
Tim Seymour: Banks should trade on a higher multiple with deregulation
Tim Seymour, Seymour Asset Management CIO, joins 'The Exchange' to discuss how to invest around Trump's calls for a cap on credit card fees.
Bank stocks rally has more to go, says Wells Fargo's Mike Mayo
CNBC's "Closing Bell" team discusses the outlook for bank earnings and more with Mike Mayo of Wells Fargo.
Final Trade: GM, KBE, CAT, LULU
The final trades of the day with CNBC's Brian Sullivan and the 'Fast Money' traders.
'Fast Money' traders talk the state of the Big Bank sector heading into 2026
The 'Fast Money' traders talk the state of the Big Bank sector heading into 2026.
US bank profits climb in Q3 as loss provisions ease, FDIC says
According to numbers released Monday by the Federal Deposit Insurance Corporation, the US banking industry's quarterly profitability rebounded sharply, jumping 13.5% to $79.3 billion in the third quar...
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.
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.
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...