SPDR S&P Regional Banking ETF (KRE)
Assets | $2.86B |
Expense Ratio | 0.35% |
PE Ratio | 8.94 |
Shares Out | 59.25M |
Dividend (ttm) | $1.58 |
Dividend Yield | 3.15% |
Ex-Dividend Date | Mar 18, 2024 |
Payout Ratio | 28.17% |
1-Year Return | +14.64% |
Volume | 10,238,167 |
Open | 49.96 |
Previous Close | 50.02 |
Day's Range | 49.80 - 50.48 |
52-Week Low | 34.52 |
52-Week High | 54.47 |
Beta | 1.57 |
Holdings | 143 |
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
24.84% of assetsName | Symbol | Weight |
---|---|---|
Western Alliance Bancorporation | WAL | 2.56% |
Regions Financial Corporation | RF | 2.52% |
Citizens Financial Group, Inc. | CFG | 2.50% |
Webster Financial Corporation | WBS | 2.50% |
Bank OZK | OZK | 2.47% |
Truist Financial Corporation | TFC | 2.47% |
East West Bancorp, Inc. | EWBC | 2.47% |
First Horizon Corporation | FHN | 2.46% |
Zions Bancorporation,NA | ZION | 2.44% |
Huntington Bancshares Incorporated | HBAN | 2.44% |
Dividends
Ex-Dividend | Amount | Pay Date |
---|---|---|
Mar 18, 2024 | $0.37853 | Mar 21, 2024 |
Dec 18, 2023 | $0.43132 | Dec 21, 2023 |
Sep 18, 2023 | $0.37545 | Sep 21, 2023 |
Jun 20, 2023 | $0.39928 | Jun 23, 2023 |
Mar 20, 2023 | $0.36336 | Mar 23, 2023 |
Dec 19, 2022 | $0.40578 | Dec 22, 2022 |
News
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...
Regional banks face lingering concerns over credit, commercial real estate
As the one-year anniversary of the Silicon Valley Bank collapse approaches, Yahoo Finance's David Hollerith takes a comprehensive look at the lingering woes plaguing the banking sector and the measure...
Regional banks are experiencing stress and some are over-leveraged, says Tom Hulick
Tom Hulick, Strategy Asset Managers CEO, joins 'Power Lunch' to discuss if now is the time to avoid financial stocks, the gap between the Federal Reserve and equity markets, and more.
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."
Signs of Trouble at Regional Banks Reignite Sector Fears
New York Community Bancorp shares were falling more than 20%.
Regional bank stocks dragged down by NYCB, led by banks with exposure to New York City real estate
Regional bank stocks were lower across the board early Friday, dragged down by the latest bad news from New York Community Bancorp Inc. that included the disclosure of ”material weaknesses” in its acc...
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.
KRE and IAT ETFs: Regional banks brace for a $1 trillion meltdown
The SPDR S&P Regional Banking ETF (KRE) and iShares US Regional Banks ETF (IAT) have moved into a correction in the past few weeks, falling by over 13% from the YTD high. KRE has retreated to $46.83 w...
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.
Regional bank hit with 3rd credit downgrade as crisis concerns linger
New York Community Bank was hit with its third credit downgrade in a week amid investors' concerns about its exposure to the struggling commercial real estate market.
Regional bank stocks: 'There is reason for concern' strategist says
Earnings performances have perpetuated beliefs there are still "haves and have not" companies, according to Roundhill Investments Chief Strategy Officer Dave Mazza, who includes the Magnificent Seven ...
WaFd CEO on regional bank challenges, commercial real estate and Luther acquisition
Brent Beardall, WaFd Bank president and CEO, joins 'Power Lunch' to discuss challenges facing regional banks, commercial real estate and company outlook.
NYCB Drop Highlights That Regional-Bank Stocks Are Poor Investments
Shares of New York Community Bancorp are down yet another day. Consider that one measure of small banks has been flat for nearly two decades.
Regional bank stocks look ‘very risky' after ‘barely' growing dividend payouts since 2006
It's not just worries about high interest rates and commercial real estate that are plaguing regional banks in the U.S., according to DataTrek Research.
Regional-bank stocks continue to slide as Fed's Powell plays down chances of March rate cut
U.S. regional-bank shares on Monday extended their slide from last week, as traders reacted to the latest comments from Federal Reserve Chair Jerome Powell saying the central bank is planning on waiti...
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.
Short sellers targeting regional bank stocks up $1 billion -Ortex
Short sellers targeting shares of a group of U.S. regional banks, including New York Community Bancorp , were up about $1.04 billion in paper profits over the last two sessions, according to data and ...
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...
Scouten: Expected to see some weakness with banks and commercial real estate at some point
Stephen Scouten of Piper Sandler discusses whether this week's slide in shares of New York Community Bank is a sign of broader issues in the regional banks.
US regional bank stocks brace for final trading session of painful week
U.S. regional banking stocks could come under pressure on Friday following a brutal sell-off sparked by New York Community Bancorp's earnings that renewed investor focus on the lenders' exposure to th...
Regional Bank Stocks Stabilize After Two-Day Selloff. NY Community Bancorp Is Up.
Regional bank stocks looked to stabilize early Friday following a two-day selloff after New York Community Bancorp's surprise loss and drastic reserve increase.