SPDR S&P Regional Banking ETF (KRE)
| Assets | $2.72B |
| Expense Ratio | 0.35% |
| PE Ratio | 7.32 |
| Shares Out | n/a |
| Dividend (ttm) | $1.54 |
| Dividend Yield | 3.75% |
| Ex-Dividend Date | Sep 18, 2023 |
| Payout Ratio | 27.46% |
| 1-Year Return | -32.81% |
| Volume | 10,733,570 |
| Open | 41.46 |
| Previous Close | 41.43 |
| Day's Range | 40.97 - 41.69 |
| 52-Week Low | 34.52 |
| 52-Week High | 65.97 |
| Beta | n/a |
| Holdings | 144 |
| Inception Date | Jun 19, 2006 |
About KRE
Fund Home PageThe SPDR S&P Regional Banking ETF (KRE) is an exchange-traded fund that is based on the S&P Regional Banks Select Industry index. The fund tracks an equal-weighted index of US regional banking stocks. KRE was launched on Jun 19, 2006 and is issued by State Street.
Top 10 Holdings
30.97% of assets| Name | Symbol | Weight |
|---|---|---|
| M&T Bank Corporation | MTB | 3.38% |
| Citizens Financial Group, Inc. | CFG | 3.22% |
| Zions Bancorporation,NA | ZION | 3.19% |
| Regions Financial Corporation | RF | 3.17% |
| Huntington Bancshares Incorporated | HBAN | 3.12% |
| Western Alliance Bancorporation | WAL | 3.09% |
| Truist Financial Corporation | TFC | 3.09% |
| First Horizon Corporation | FHN | 3.07% |
| New York Community Bancorp, Inc. | NYCB | 3.05% |
| East West Bancorp, Inc. | EWBC | 2.58% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| 2023-09-18 | $0.37545 | 2023-09-21 |
| 2023-06-20 | $0.39928 | 2023-06-23 |
| 2023-03-20 | $0.36336 | 2023-03-23 |
| 2022-12-19 | $0.40578 | 2022-12-22 |
| 2022-09-19 | $0.36825 | 2022-09-22 |
| 2022-06-21 | $0.35526 | 2022-06-24 |
News
Higher rates are better for regional banking sector, says Atlas Merchant CEO Bob Diamond
Bob Diamond, Atlas Merchant Capital CEO, Former Barclays CEO, joins 'Closing Bell Overtime' to talk this week's FOMC decision, what's next for the central bank, the state of the economy and more.
Banks Load Up on $1.2 Trillion in Risky 'Hot' Deposits
Brokered deposits, an obscure but costly banking industry product, jumped in the second quarter.
Regional banks may saddle themselves with $63B in fresh debt to meet regulatory requirements: report
Eighteen regional banks may add about $63 billion of holding company debt to meet proposed regulatory guidelines for lending institutions of $100 billion to $250 billion of assets, in the latest chall...
FDIC Says Banking System Is 'Resilient'
Stephen Biggar, Argus research director of financial institutions, says the FDIC report provides some relief for the banking sector. He's on "Bloomberg Markets.
U.S. bank profits flat after accounting for failed bank acquisitions: FDIC
WASHINGTON, Sept 7 (Reuters) - U.S. bank profits were largely flat in the second quarter of 2023 after accounting for the impact of three large failed bank acquisitions, the Federal Deposit Insurance ...
Bank consolidation needed as more credit comes from outside banking, says Meredith Whitney
Meredith Whitney, founder and CEO of Meredith Whitney Advisory Group, joins 'Squawk on the Street' to discuss growing trends in bank consolidation, ring-fenced banks leading to a decrease in lending, ...
Regional Bank Stocks Have Run Out of Steam. It Could Spell Trouble for the Market.
Shares of the lenders have powered ahead even though they haven't posted results strong enough to change Wall Street's view of the outlook for earnings.
Bank stocks gain after jobs report in rebound from August losses
Bank stocks outpaced the broad market into positive territory on Friday as a healthy August jobs report sparked buying in the sector after a weak performance last month. The KBW Nasdaq Bank Index BKX,...
Fed increasing demands for corrective actions by regional banks: report
The Federal Reserve has issued a number of private warnings to regional lenders as it seeks to tighten supervision following a spate of bank collapses.
US Fed ramps up demands for corrective actions by regional banks - Bloomberg News
The Federal Reserve has issued a slew of private warnings to lenders with assets of $100 billion to $250 billion as part of increased efforts to tighten supervision, Bloomberg News reported on Wednesd...
Analyst sees FDIC rules on long-term debt ‘on the tamer side of expectations'
Jefferies bank analyst Ken Usdin on Wednesday said the Federal Deposit Insurance Co.'s propose requirements on long-term debt for banks of $100 billion or more in assets came in “on the tamer side of ...
FDIC proposes stricter rules for regional banks
Yahoo Finance reporter David Hollerith breaks down the FDIC's proposed stricter rules for regional banks.
FDIC to unveil tougher set of guidelines for regional banks
CNBC's Hugh Son and Leslie Picker join 'Power Lunch' to discuss the unveiling of tougher FDIC guidelines for regional banks.
CFPB Director on regional bank 'living wills': Important to protect consumers and small businesses
Rohit Chopra, Consumer Financial Protection Bureau director and FDIC board member, joins 'Squawk Box' to discuss the new regional bank 'living wills', new guidelines expected to be released by banking...
Regulators unveil plans to force regional banks to raise debt in case of failure
All American banks with at least $100 billion in assets would be subject to the new requirement.
FDIC to propose tougher capital requirements for regional banks
The Federal Deposit Insurance Corp. was set to propose new regulations on regional banks Tuesday in the wake of several regional bank failures, including Silicon Valley Bank, earlier this year.
Regional banks will likely be subject to more liquidity rules going forward, says KBW
Christopher McGratty, Head of U.S. Bank Research at KBW, discusses new regulations for small and mid-sized banks from the FDIC.
Fitch lowers operating environment score for banks by one notch to aa- with stable outlook
Fitch Ratings analyst Christopher Wolfe on Thursday reduced his firm's operating environment rating for U.S. banks to aa- from aa due to the unknown path of interest rate hikes and regulatory changes ...
CNBC Daily Open: More obstacles for U.S. banks
Financial stocks had a bad day, thanks to Fitch's warning of a downgrade and Minneapolis Fed President Neel Kashkari's comments on tighter regulations.
Banks will benefit from Fed funds reaching a terminal rate: RBC Capital Markets' Gerard Cassidy
Gerard Cassidy, RBC Capital Markets managing director, joins 'The Exchange' to discuss Fitch's warning that more banks will face downgrades, risk discrepancies between large and regional banks, and mo...
Banks are well capitalized, says former Wells Fargo CEO
Dick Kovacevich, former Wells Fargo CEO, joins 'Squawk on the Street' to discuss Fitch's warning of potential bank downgrades, the solution to the banks' positions, and what a Fitch downgrade would do...
Regional banks slide after Fed's Kashkari advocates 'significantly further' capital regulation
The Minneapolis Fed president favors getting tougher on regional banks, following a crisis earlier this year that he said may not be over.
The pressure for bank consolidation will grow independently of regulators, says Charles Dallara
Charles Dallara, Former Institute of International Finance CEO, joins 'Closing Bell Overtime' to talk new banking regulations, banking consolidation and more.
Leveraged Credit Is a Growing Risk for US Banks
U.S. banks could be increasingly exposed to a deteriorating corporate credit market, which has been plagued by rising interest rates, persistently high inflation, and an uncertain economic outlook.
FDIC Chair Gruenberg pledges aggressive oversight, new rules for regional banks
Federal Deposit Insurance Corp. Chairman Martin Gruenberg called for new rules and tougher oversight of large regional banks following the failure of several earlier this year, including Silicon Valle...