KRE Stock Recent News

Tom Michaud, KBW CEO, joins 'Squawk on the Street' to discuss what to expect from the spate of bank earnings coming up.

Stanley Druckenmiller ran Duquesne Capital Management for 24 years, from 1986 to 2010.

Volume is what drives the entire market, and that is a fact that often gets lost in the sea of indicators, patterns, and trend lines that dominate today's concept of analysis. However, most investors fail to realize that these indicators and patterns are nothing more than price action recognition, and what drives price action is volume.

KRE has delivered a total return of 61.9% since we initiated our bullish view back in May 2023, far outperforming the 43.7% return on the SPX over the same period. KRE's performance has far exceeded our expectations, especially given that these gains were achieved within a short period of 18 months. This translates to an annualized return of around 37%. Tactical capital recycling can enhance portfolio performance by reallocating gains from big winning positions to other opportunities with superior risk-adjusted returns.

"If you're a bull in this market, you have to be very happy right now," according to Kevin Green. He's keeping an eye on an "apex" that bulls will need to breakthrough in the S&P 500 (SPX).

U.S. regional banks preparing for higher capital requirements will get some relief from the Federal Reserve's jumbo rate cut.

The SPDR® S&P Regional Banking ETF offers diversified exposure to U.S. regional banks, with no single position exceeding 2.49% of the fund. The KRE ETF's performance is closely tied to the U.S. economy and banking regulations, making it vulnerable during economic downturns but potentially rewarding during recoveries. Compared to the iShares U.S. Regional Banks ETF, KRE has shown similar performance, making either a viable option for regional bank exposure.

Regional bank stocks have bounced back from last year's crisis. Falling interest rates will help drive profit growth at regional banks.

Recent positive developments in the banking sector include improved revenues and potential interest rate cuts by the Federal Reserve. U.S. banks are facing challenges in their second quarter earnings, with declining profits and increased provisions for credit losses. Despite potential interest rate cuts, challenges in the real estate sector and trade barriers may hinder significant expansion for corporate America.

The SPDR S&P Regional Banking ETF (KRE) was launched on 06/19/2006, and is a passively managed exchange traded fund designed to offer broad exposure to the Financials - Regional Banks segment of the equity market.