KBWB Stock Recent News

The article evaluates the Invesco KBW Bank ETF as an investment option at its current market price. This is a sector that has seen a bull run since my last buy call. I am happy to see it, but it makes me less optimistic in the short run. Higher rates could persist, which can be profitable for banks and lenders. But if credit quality suffers, the net result may not be positive.

Designed to provide broad exposure to the Financials - Banking segment of the equity market, the Invesco KBW Bank ETF (KBWB) is a passively managed exchange traded fund launched on 11/01/2011.

The article evaluates the Invesco KBW Bank ETF as an investment option at its current market price. I shifted to a bullish stance on the banking sector after the sell-off in the first half of the year but was too early as large banks continued to decline. Despite poor stock performance, I believe there is inherent value in the fund as banks have had strong earnings and net interest margin growth.

U.S. banking earnings have been an awaited one as investors' view toward the banking sector has dwindled this year.

Big Bank earnings kicked off last Friday, continuing into this week with Goldman Sachs (GS) and Bank of America (BAC) earnings on tap for Tuesday, October 17. What could be this quarter's standout theme for bank earnings?

Big banks will start releasing their quarterly numbers this week. Chances of a broad-based earnings beat are low-to-moderate as several stocks are experiencing a negative ESP.

Two ETFs PPA and KBWB traded with an outsized volume yesterday.