|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||51.11 - 52.06|
|52 Week Range||40.97 - 59.68|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.35%|
Low interest rate levels may keep bank ETFs subdued, but there are several factors that call for a bullish take on these investments.
KBW’s Brian Gardner, Brady Gailey and Catherine Mealor discuss the firm’s recent 18 annual Community Bank Investors Conference in New York, writing that they expect a steady flow of consolidation from banks in the southeast region. A few more of their thoughts on community banks in general: Organic loan growth picked up in the second quarter, and generally our banks seem bullish about prospects for growth in the second half of the year.
On a positive day for Wall Street, shares of Yelp soared and Viacom stock tumbled.