NYSEArca - Nasdaq Real Time Price USD

SPDR S&P Regional Banking ETF (KRE)

48.47

-0.54

(-1.10%)

At close: April 25 at 4:00 PM EDT

48.25

-0.22

(-0.45%)

Pre-Market: 8:55 AM EDT

Jay Powell just made 2024 more of a puzzle for regional banks

Higher deposit costs are eating into profits of regional banks. That pressure is not likely to abate anytime soon as the Fed dials back its expectations for rate cuts in 2024.

Yahoo Finance 5 days ago

PNC

MTB

FHN
Wall Street says a Wall Street revival is finally here

Big bank bosses are not hiding their enthusiasm about Wall Street as first quarter jumps in investment banking spur new hopes for a sustained dealmaking revival.

Yahoo Finance 9 days ago

JPM

C

GS
Bank of America profits drop as key lending revenue weakens

The results from the nation's second-largest lender offer the latest example of how even the biggest banks are increasingly challenged by high interest rates.

Yahoo Finance 10 days ago

WFC

GS

MS
High interest rates are getting more challenging for even the biggest banks

The results from JPMorgan, Wells Fargo, and Citigroup mark the start of earnings season for America's banks as investors watch for signs of how high interest rates are affecting lenders.

Yahoo Finance 14 days ago

MS

BAC

KRE
-1.10%
Bank deposits are back above pre-SVB levels. Regional lenders still have problems.

Banks have now regained the deposits they lost following the collapse of Silicon Valley Bank, but that doesn't solve all challenges facing regional lenders.

Yahoo Finance 21 days ago

^KRX

NYCB

NYCB-PA
Dogecoin, Home Depot, ETFs: Trending Tickers

As market indices (^DJI, ^IXIC, ^GSPC) swing into the green after a mixed opening, the cryptocurrency dogecoin (DOGE-USD) is also seeing gains Thursday morning. Yahoo Finance's Jared Blikre takes a closer look at the memecoin's performance, while also examining Home Depot (HD), select ETFs, and small-cap indexes. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. Editor's note: This article was written by Luke Carberry Mogan.

Yahoo Finance Video 28 days ago

HD

IWM

GBTC
PNC’s CEO is learning a lot of lessons from the 2023 banking crisis

The fallout from the 2023 regional banking crisis convinced the boss of the sixth-largest US lender that a lot has to change.

Yahoo Finance last month

PNC

BAC

^KRX
Steve Mnuchin is betting regulators don’t want NYCB to become another SVB

One year after the fall of Silicon Valley Bank, Steve Mnuchin is betting that regulators don't want NYCB to become the next SVB.

Yahoo Finance last month

NYCB

NYCB-PA

KRE
-1.10%
Big banks are getting what they want from Washington

Federal Reserve Chair Jay Powell and FDIC Chair Martin Gruenberg said Thursday they anticipate changes to a controversial capital rule following pushback from big banks.

Yahoo Finance last month

KRE
-1.10%
BAC

C
New turmoil at NYCB as CEO exits and fourth quarter loss balloons to $2.7 billion

New York Community Bancorp disclosed the exit of CEO Thomas Cangemi, weaknesses in its internal controls, and a tenfold increase in its fourth quarter loss to $2.7 billion.

Yahoo Finance last month

NYCB

NYCB-PA

^KRX
NYCB clarifies that Alessandro DiNello is the new boss of the embattled bank

NYCB made it clear in a Tuesday filing that its new executive chairman Alessandro DiNello is now officially the boss, with the CEO reporting to him.

Yahoo Finance 2 months ago

^KRX

NYCB

NYCB-PA
Why NYC apartments could become a big problem for NYCB

Investors have punished the stock of NYCB so far this month. To know why, it helps to understand the changing economics of a New York City staple: the rent-stabilized apartment building.

Yahoo Finance 2 months ago

NYCB

NYCB-PA

^KRX
The pressure on NYCB isn't letting up

The stock of New York Community Bancorp seesawed a day after the lender tried to reassure Wall Street about its deposits, liquidity and governance.

Yahoo Finance 2 months ago

NYCB

NYCB-PA

^KRX
Troubled lender NYCB seeks to reassure investors after stock slide, Moody's credit downgrade

New York Community Bancorp is attempting to reassure investors about its deposits, liquidity, and governance following a week-long plunge in the company’s stock.

Yahoo Finance 2 months ago

KRE
-1.10%
NYCB

NYCB-PA
New York Community Bancorp Posts Lowest Close Since 2000 After Downgrade

New York Community Bancorp shares fell to their lowest close since July 2000 after Fitch Ratings downgraded the regional bank. The stock suffered [sharp selloffs](https://www.wsj.com/finance/banking/new-york-community-bancorp-stock-plunges-35-reigniting-fears-for-regional-banks-7bf74972) last week after NYCB, which acquired parts of failed Signature Bank in early 2023, disclosed a surprise loss for the fourth quarter and slashed its dividend.

The Wall Street Journal 2 months ago

NYCB

NYCB-PA

KRE
-1.10%
Commercial real estate a 'manageable' problem but some banks will close: Powell

Federal Reserve Chair Jerome Powell is predicting that more small banks will likely close or merge due to commercial real estate weaknesses, but that the problem is ultimately "manageable."

Yahoo Finance 2 months ago

BAC

WFC

KRE
-1.10%
The ghosts of last year's regional bank collapse still haunt the banking sector

Just when many market observers were ready to declare the regional banking crisis a thing of the past, fears about the industry are roaring back.

Yahoo Finance 2 months ago

VLY

VLYPO

VLYPP
New York Community Bancorp Stock Plunges 38%, Reigniting Fears for Regional Banks

Chief Executive Thomas Cangemi said the company is adjusting to the regulatory demands of being a large bank after its purchase of assets and liabilities from Signature Bank, one of three banks that failed in rapid succession in early 2023 after spooked customers pulled cash en masse. The results took some investors back to the bank crisis in early 2023, when Signature, Silicon Valley Bank and First Republic Bank all failed within a span of weeks. At those banks, large amounts of uninsured deposits, concentrated customer bases and paper losses on their bond portfolios had sparked a crisis of confidence among their depositors and investors.

The Wall Street Journal 2 months ago

SBNY

SBNYL

KRE
-1.10%
Regional bank that played rescuer in 2023 now in turmoil

New York Community Bancorp played the role of rescuer during a regional bank crisis by purchasing some assets of the failed Signature Bank. Now it is experiencing some trouble of its own.

Yahoo Finance 2 months ago

JPM

NYCB

NYCB-PA
Why the regional banking chaos of 2023 could shake lenders for years to come

One lasting lesson for regional banks that were caught flat footed by the turmoil in 2023 is how quickly assumptions about their business can get flipped upside down.

Yahoo Finance 4 months ago

KRE
-1.10%
^KRX

^BKX

Performance Overview

Return	KRE	Category
YTD	-6.81%	+7.57%
1-Year	+22.64%	+27.76%
3-Year	-8.10%	+5.12%

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SPDR S&P Regional Banking ETF (KRE)

Jay Powell just made 2024 more of a puzzle for regional banks

Wall Street says a Wall Street revival is finally here

Bank of America profits drop as key lending revenue weakens

High interest rates are getting more challenging for even the biggest banks

Bank deposits are back above pre-SVB levels. Regional lenders still have problems.

Dogecoin, Home Depot, ETFs: Trending Tickers

PNC’s CEO is learning a lot of lessons from the 2023 banking crisis

Steve Mnuchin is betting regulators don’t want NYCB to become another SVB

Big banks are getting what they want from Washington

New turmoil at NYCB as CEO exits and fourth quarter loss balloons to $2.7 billion

NYCB clarifies that Alessandro DiNello is the new boss of the embattled bank

Why NYC apartments could become a big problem for NYCB

The pressure on NYCB isn't letting up

Troubled lender NYCB seeks to reassure investors after stock slide, Moody's credit downgrade

New York Community Bancorp Posts Lowest Close Since 2000 After Downgrade

Commercial real estate a 'manageable' problem but some banks will close: Powell

The ghosts of last year's regional bank collapse still haunt the banking sector

New York Community Bancorp Stock Plunges 38%, Reigniting Fears for Regional Banks

Regional bank that played rescuer in 2023 now in turmoil

Why the regional banking chaos of 2023 could shake lenders for years to come

Performance Overview