KBE Stock Recent News
KBE LATEST HEADLINES
Shares of several New York-based banks and real estate investment trusts fell on Wednesday as Zohran Mamdani's lead in New York City's Democratic mayoral primary stoked concerns that his proposed rent freeze could pressure building owners.
The odds of a US recession have dropped sharply, easing macro fears and supporting a more constructive outlook for banks. KBE offers attractive valuation, high yield, and diversified exposure to US banks, with a low price-to-earnings ratio and strong earnings growth. Technical analysis shows KBE holding key support, with bullish momentum indicators and potential for upside after a period of consolidation.
The 'Fast Money' traders talk how they are playing big banks.
CNBC's Leslie Picker with Janney's Chris Marinac, join 'The Exchange' to discuss Big Bank earnings and the companies CEOs statements on tariffs, recession concerns and more.
Gerard Cassidy, RBC Capital Markets Managing Director, joins 'Closing Bell Overtime' to talk quarterly banking results.
The Fed lifted market confidence amid economic uncertainty, leading to a rally in the U.S. stock market.
Trump announced Monday that Fed Governor Michelle Bowman would serve as the central bank's new vice chair for supervision. Bowman???s appointment may lift restrictions on lenders.
Talk about a topsy-turvy market. Tuesday's tariffs sparked more market jitters.
KBE ETF primarily invests in regional banks, offering a consistent dividend yield and lower standard deviation compared to peers like KRE. Despite a 5-year CAGR of 7.89%, KBE's growth lags behind the financial sector's average CAGR of 12.87% over the same period. Using State Street's outlook on KBE, I have estimated a potential average annual performance growth rate of 7.91%.
Valentine's Day is here, and gifting an ETF could be a great idea. Here's why.