Goldman Sachs Beats Estimates, Financial ETFs Gain
Goldman Sachs published their second quarter earnings report, besting analyst estimates of $4.66 per share with earnings of $5.98 per share. Financial…
KRE
Earnings Tests Loom for Big Bank ETFs
Second-quarter earnings arrived for big banks in earnest last Friday amid a spate of reports from the financial services sector. Exchange traded…
Banks Get Boost After Passing Fed’s Annual Stress Test
The financial sector got a much-needed boost in the markets today with the Federal Reserve’s latest decision to greenlight the buyback of…
Blockchain Technology Could Shake Up Financial ETFs
Overall, it hasn’t been a good year for the financial sector as evidenced by the S&P 500 Financials index down 1.71 percent…
Bank Consolidation Could Lift This ETF
It has been awhile since the banking sector saw a legitimate wave of consolidation. In a sign that that could be changing,…
Regional Bank ETF Boosted by Rising Yields
With Treasury yields continuing to flirt with the important 3% area, some rate-sensitive asset classes are benefiting, including regional bank stocks and…
Regional Bank ETFs: Sound Sector Bets
The SPDR S&P Regional Banking ETF (NYSEArca: KRE), the largest regional bank exchange traded fund, has recently given back the bulk of…
Why Bank ETFs Are Suddenly Disappointing
Financial services stocks and related bank ETFs were one of last year’s hottest sector trades and a group that started 2018 in…
Dodd-Frank Rollback Not a Credit Issue for Banks
Rising interest rates and a favorable regulatory environment are among the catalysts seen supporting exchange traded funds such as the SPDR S&P…
Bank ETFs Pick Up as Dodd-Frank Rolled Back
One of the primary reasons financial services stocks and bank ETFs rallied in the wake of President Trump’s 2016 election victory was…
8 Financial ETFs to Chase After Bank Deregulation
The Senate recently passed a bill to loosen some of the more draconian regulatory restrictions placed on banks in response to a…
Watching Regional Bank ETFs if Interest Rates Rise
The SPDR S&P Regional Banking ETF (NYSEArca: KRE), the largest regional bank exchange traded fund, is up more than 10% year-to-date and…
Traders Take Another Look at a Regional Bank ETF
The SPDR S&P Regional Banking ETF (NYSEArca: KRE), the largest regional bank ETF, is up nearly 3% to start 2018 and some…
Regulator Relief Is Good for Financial ETFs
The U.S. financial sector and related exchange traded funds have been falling behind the broader equities market after the global financial downturn…