SPDR S&P Bank ETF (KBE)
| Assets | $1.54B |
| Expense Ratio | 0.35% |
| PE Ratio | 8.50 |
| Shares Out | 32.15M |
| Dividend (ttm) | $1.32 |
| Dividend Yield | 2.77% |
| Ex-Dividend Date | Mar 18, 2024 |
| Payout Ratio | 23.46% |
| 1-Year Return | +37.81% |
| Volume | 115,380 |
| Open | 47.98 |
| Previous Close | 47.93 |
| Day's Range | 47.80 - 48.06 |
| 52-Week Low | 33.67 |
| 52-Week High | 48.32 |
| Beta | n/a |
| Holdings | 94 |
| Inception Date | Nov 8, 2005 |
About KBE
Fund Home PageThe 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
15.74% of assets| Name | Symbol | Weight |
|---|---|---|
| Corebridge Financial, Inc. | CRBG | 1.80% |
| Jackson Financial Inc. | JXN | 1.74% |
| Equitable Holdings, Inc. | EQH | 1.62% |
| Axos Financial, Inc. | AX | 1.61% |
| First Citizens BancShares, Inc. | FCNCA | 1.53% |
| Citigroup Inc. | C | 1.51% |
| Bank of America Corporation | BAC | 1.49% |
| Popular, Inc. | BPOP | 1.48% |
| Mr. Cooper Group Inc. | COOP | 1.48% |
| Bank OZK | OZK | 1.47% |
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 |
News
Smaller banks are more dependent on the yield curve, says KBW's Christopher McGratty
Christopher McGratty, KBW head of U.S. bank research, joins 'Money Movers' to discuss the bifurcation between bulge bracket banks and the regionals, why the rate environment is more challenging for th...
Off The Charts: Where big banks go from here
Fast Money guest trader Chris Verrone takes a closer look at the banking sector after big moves in the sector.
KBW CEO Tom Michaud reacts to Fed decision's impact on banks and the inflation battle
Tom Michaud, KBW CEO, joins 'Fast Money' to talk the impact of today's FOMC decision to leave rates unchanged and how that will impact banks, inflation, the economy, and more.
Putting the Pressure on Banks
Gerard Cassidy, Head of US Bank Equity Strategy at RBC Capital Markets, discusses interest rate pressure on the banking industry, a credit crunch, and Jamie Dimon's comments this week at the Economic ...
Banks are well positioned for CRE concerns, says Baird's David George
David George, Baird bank analyst, joins 'Closing Bell' to discuss the banking sector and which banks he's looking at as winners in the sector.
Banks Believe They Are Well-Prepared for Commercial Real Estate Fallout
Banks have built up substantial reserves against office loans going bad.
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.
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, ...
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...
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.
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...
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."
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.
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.
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.
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...
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.
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.
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...