SPDR S&P Regional Banking ETF (KRE)
| Assets | $2.70B |
| Expense Ratio | 0.35% |
| PE Ratio | 9.10 |
| Shares Out | 53.65M |
| Dividend (ttm) | $1.58 |
| Dividend Yield | 3.10% |
| Ex-Dividend Date | Mar 18, 2024 |
| Payout Ratio | 28.17% |
| 1-Year Return | +29.01% |
| Volume | 876,251 |
| Open | 51.36 |
| Previous Close | 51.19 |
| Day's Range | 50.94 - 51.31 |
| 52-Week Low | 37.66 |
| 52-Week High | 54.47 |
| Beta | n/a |
| Holdings | 142 |
| 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
25.24% of assets| Name | Symbol | Weight |
|---|---|---|
| Bank OZK | OZK | 2.57% |
| M&T Bank Corporation | MTB | 2.55% |
| New York Community Bancorp, Inc. | NYCB | 2.55% |
| Truist Financial Corporation | TFC | 2.55% |
| Western Alliance Bancorporation | WAL | 2.54% |
| Citizens Financial Group, Inc. | CFG | 2.53% |
| First Horizon Corporation | FHN | 2.52% |
| Zions Bancorporation,NA | ZION | 2.51% |
| Huntington Bancshares Incorporated | HBAN | 2.49% |
| Regions Financial Corporation | RF | 2.43% |
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
Texas-based Independent Bank to be bought for $2 billion by Florida's SouthState
Independent Bank Group Inc. will no longer be independent, after the Texas-based bank announced Friday an agreement to be acquired by Florida's SouthState Corp. in an all-stock deal valued at about $2...
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...
Why hundreds of U.S. banks may be at risk of failure
Of about 4,000 banks, 282 banks face threats from commercial real estate and higher interest rates, according to a study by Klaros Group.
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.
Regional bank earnings may expose critical weaknesses, former FDIC Chair Sheila Bair warns
Sheila Bair, who ran the FDIC during the financial crisis, is nervous about a handful of regional banks going into earnings.
Why fmr. FDIC chair Sheila Bair is nervous about regional banks
Sheila Bair, Former FDIC Chair, joins 'Fast Money' to talk the state of regional banks, the impact of Commercial real estate on the banking sector and more.
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, ...
CappThesis founder on regional banks ETF: Been a comeback story since last March
Frank Cappelleri, CappThesis founder and president, joins 'Money Movers' to discuss his thoughts on the overall equity market, Cappelleri's thoughts on the attempted comeback from the real estate sect...
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.