SPDR S&P Bank ETF (KBE)
| Assets | $1.33B |
| Expense Ratio | 0.35% |
| PE Ratio | 9.13 |
| Shares Out | 36.35M |
| Dividend (ttm) | $1.27 |
| Dividend Yield | 3.38% |
| Ex-Dividend Date | Mar 20, 2023 |
| Payout Ratio | 33.98% |
| 1-Year Return | -32.87% |
| Volume | 61,249 |
| Open | 37.13 |
| Previous Close | 37.22 |
| Day's Range | 37.58 - 37.58 |
| 52-Week Low | 34.33 |
| 52-Week High | 53.78 |
| Beta | 1.17 |
| Holdings | 98 |
| Inception Date | Nov 8, 2005 |
About KBE
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 managed by State Street.
Top 10 Holdings
18.06% of assets| Name | Symbol | Weight |
|---|---|---|
| First Citizens BancShares, Inc. | FCNCA | 2.56% |
| New York Community Bancorp, Inc. | NYCB | 2.10% |
| MGIC Investment Corporation | MTG | 1.73% |
| Northern Trust Corporation | NTRS | 1.72% |
| Voya Financial, Inc. | VOYA | 1.72% |
| Apollo Global Management, Inc. | APO | 1.68% |
| Prosperity Bancshares, Inc. | PB | 1.67% |
| JPMorgan Chase & Co. | JPM | 1.66% |
| Bank OZK | OZK | 1.62% |
| Citigroup Inc. | C | 1.61% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 20, 2023 | $0.26555 | Mar 23, 2023 |
| Dec 19, 2022 | $0.41984 | Dec 22, 2022 |
| Sep 19, 2022 | $0.29653 | Sep 22, 2022 |
| Jun 21, 2022 | $0.28648 | Jun 24, 2022 |
| Mar 21, 2022 | $0.34531 | Mar 24, 2022 |
| Dec 20, 2021 | $0.35965 | Dec 23, 2021 |
News
Bigger regionals will see higher rates on deposit flows, says RBC Capital's Gerard Cassity
Gerard Cassidy, RBC Capital Markets head of U.S. bank equity strategy, joins 'Closing Bell' to discuss the flow of deposits in large and regional banks, investment opportunities in the banking sector,...
Former FDIC COO on bank turmoil
Former FDIC chief operating officer John Bovenzi, chairman and co-founder of The Bovenzi Group, and CNBC's Steve Liesman join 'The Exchange' to discuss the unprecedented speed of current bank failure,...
Bank stress tests need to focus on interest rate increases, says former FDIC Chair Sheila Bair
Former FDIC Chair Sheila Bair joins 'Closing Bell: Overtime' to discuss what her takeaways from the Senate hearing on the Silicon Valley Bank collapse and more.
The political will to increase deposit insurance is not there, says Stifel's Brian Gardner
Nicolas Veron, senior fellow at The Peterson Institute for International Economics, and Brian Gardner, Stifel chief Washington policy analyst, join 'Power Lunch' to discuss the SVB hearing, the need f...
Morgan Stanley's Mike Wilson Says Financials Attractive After Repricing
Morgan Stanley Chief US Equity Strategist Mike Wilson says some financial and consumer retailer stock valuations have declined enough to make them an attractive investment opportunity. "Financials hav...
Banks have to have blanket guarantee on uninsured deposits: Ironsides' Knapp
Barry Knapp, Ironsides Macroeconomics, joins 'The Exchange' to discuss why he thinks the Fed made a policy error, why there needs to be a blanket guarantee on bank deposits and more.
Focus on U.S. banks remains on deposit flows at regional banks, says Barclays' Jason Goldberg
Jason Goldberg, Barclays managing director and senior equity analyst, joins CNBC's "Squawk Box" to discuss the banking crisis that's spreading to European banks.
U.S. banking sector appears in much better shape than European counterparts, says Ed Yardeni
Ed Yardeni, Yardeni Research president, joins CNBC's "Squawk Box" to discuss signs of trouble at European banks.
Not Even the Short Sellers Saw the Banking Panic Coming
Data show short sellers were almost entirely blindsided by the banking sector turmoil.
Advisors to Clients on Banking Crisis: ‘Don't Panic'
Vance Barse and Rita Cheng are telling their clients there's no need to do anything rash.
The amount of liquidity flowed into the bank system last week shows a problem, says Rep. Luetkemeyer
Congressman Blaine Luetkemeyer (R-Mo.) joins 'The Exchange' to discuss his ideas for increasing confidence in the U.S. banking system.
Bank Stocks Slump Ahead of Rate Decision
Financial stocks were mostly lower Wednesday ahead of a Federal Reserve decision expected to signal whether the central bank is concerned that bank collapses could spell trouble for the economy.
Financial stocks in ‘the cheap seats' as top banks widely underperform the sector, says DataTrek
Financial stocks have landed in the “the cheap seats” alongside energy, with top banks looking even cheaper than the financial sector as a whole after stress emerged in the banking system in the past ...
Wharton's Peter Conti-Brown: The Fed mishandled SVB about 7 different ways
Peter Conti-Brown, Wharton School professor, joins 'The Exchange' to discuss the role regulators should've played in SVB before its collapse.
A New Bank ETF Could Throw Its Weight Around Early
It seems like every day a new ETF launches, but 30 years in, it's only rarely that one makes me say “yes, this makes sense, and I can see how the ETF could fit into a broader portfolio.
The systemically-important banks are very well capitalized, says Hightower's Stephanie Link
Stephanie Link, chief investment strategist and portfolio manager at Hightower Advisors, joins ‘Power Lunch' to discuss the so-called bank contagion that started with the fall of Silicon Valley Bank, ...
Some of the regional banks are in a postition to capitalize, says Barclays' Jason Goldberg
Jason Goldberg, Barclays senior analyst, joins 'Squawk on the Street' to discuss his thoughts on the banking system.
UBS-Credit Suisse Deal to Lift Crisis-Hit Bank ETFs
UBS Group (UBS) has agreed to acquire the crisis-hit Credit Suisse Group (CS) in an emergency rescue deal engineered by Swiss authorities to prevent the meltdown spreading through the global financial...
RBC Capital Markets: Bank failures this week are not representative of the banking industry
Gerard Cassidy, head of U.S. bank equity strategy and bank analyst at RBC Capital Markets, joins 'Squawk on the Street' to discuss bank stocks.
Depositors have to be assured deposits are safe for banking to regain confidence, says KBW's Michaud
Tom Michaud, KBW CEO, joins 'Closing Bell: Overtime' to discuss American and European banks and the global financial picture.
Former Fed governor: Foundation of the banking system today is much safer than in 2008
Daniel Tarullo, former Fed governor and Harvard Law School professor, joins 'Squawk Box' to discuss whether the current banking system is safe, the Federal Reserve's current dilemma, and more.
The global banking sector will see pressure until there's clarity on liquidity concerns: Peter Kraus
Peter Kraus, Aperture Investors chairman and CEO, joins 'Squawk Box' to discuss Kraus' reaction to stock pressures on the regional banks, if the structure in Europe is more favorable towards larger ba...