State Street SPDR S&P Regional Banking ETF
KRE
New York Stock Exchange Arca- -
USD
- -
- -
- -
- -
(- -)
Recent
price
- -
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- SPDR S&P Regional Banking ETF (KRE) is an exchange-traded fund that seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Regional Banks Select Industry Index; this equal-weighted index comprises stocks from the regional banks segment of the S&P Total Market Index, including companies meeting specific market-cap and liquidity requirements, with holdings rebalanced quarterly to maintain equal weighting subject to liquidity constraints. The fund invests in public equity securities of U.S. regional banks across growth and value styles and diversified market capitalizations, offering investors targeted exposure to the financials sector's regional banking industry group; top holdings typically include mid- and small-cap regional banks such as those providing commercial and industrial lending, deposits, and related services. Launched on June 19, 2006 by State Street Global Advisors, Inc., a subsidiary of State Street Corporation headquartered in Boston, Massachusetts, the ETF trades on NYSE Arca under the ticker KRE with an expense ratio of 0.35% and focuses exclusively on U.S. domestic operations. In recent developments, the ETF has seen quarterly distributions, including $0.3782 per share and $0.4124 per share declared in 2024-2025 amid sector volatility; regulatory shifts such as the FDIC rescinding its 2024 bank merger policy in favor of an older framework and the Federal Reserve considering major changes to bank stress tests due to evolving legal landscapes have influenced underlying holdings. Market analyses highlight KRE's 24% gain in 2024 as an unexpected trend, with 2025 outlooks citing banking tailwinds, potential M&A activity driving valuations, and solid growth forecasts despite tightened lending standards on commercial and industrial loans per the Fed's SLOOS survey. No major structural changes, such as index methodology alterations, acquisitions by the issuer, or new product launches directly affecting KRE, have been reported in the last 1-2 years, though quarterly rebalances continue to adjust holdings significantly.