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ALL
AUM
$49.84B
P/E ratio
15.4
Dividend yield
1.5365%
Expense ratio
0.08%
Beta
0.862201
Previous close
$52.23
Today's open
$52.35
Day's range
$52.04 - $52.77
52 week range
$47.67 - $56.52
Industries
Financial
12.6%
11.08%
5.83%
4.54%
3.51%
3.44%
2.76%
2.71%
2.31%
Deregulating In A Financial Boom: Why Governor Barr Is Right
In a speech delivered on June 6, 2026, at American University, Federal Reserve Governor Michael S. Barr issued one of the most urgent warnings in recent memory about the trajectory of U.S. bank regulation.
Forbes • Jun 6, 2026

Tokenized Deposits Set Up Banking's Next Network Race
As volatility again rattles large swathes of the cryptocurrency market, the largest financial institutions in the United States are moving ahead with plans for a shared tokenized deposit network. The network will be operated by The Clearing House and is backed by JPMorganChase, Bank of America, Citi, Wells Fargo and other major banks.
PYMNTS • Jun 5, 2026

US bank regulators to tout deregulatory agenda to lawmakers
The nation's top bank regulators plan to tell Congress on Thursday that their efforts to trim bank rules and oversight will bolster economic activity and innovation without injecting undue risk into the financial system.
Reuters • Jun 4, 2026

Bank Regulators Hope to Sell Congress on Deregulation
Bank regulators in the United States are headed to Congress to tout the benefits of deregulation. Their argument is that scaling back banking rules and oversight will spark economic activity without creating more systemic financial risks, Reuters reported Thursday (June 4).
PYMNTS • Jun 4, 2026

Shadow Banking's $1.47 Trillion Takeover Of U.S. Bank Lending
Two must-read reports — the FDIC Bank Quarterly and the Alvarez & Marsal deregulation primer — reveal how eighteen months of regulatory rollback unleashed an extraordinary surge in bank lending to hedge funds, private credit, and the shadow banking ecosystem, while small businesses and farmers wait in line.
Forbes • May 28, 2026

U.S. banks report profit uptick in first quarter: FDIC
U.S. banks reported a 3.6% increase in their profits in the first quarter of 2026, rising to $80.5 billion as domestic deposits grew again and banks set aside slightly more against potential losses, the Federal Deposit Insurance Corporation reported Wednesday.
Reuters • May 27, 2026

Should You Invest in the State Street Financial Select Sector SPDR ETF (XLF)?
If you're interested in broad exposure to the Financials - Broad segment of the equity market, look no further than the State Street Financial Select Sector SPDR ETF (XLF), a passively managed exchange traded fund launched on December 16, 1998.
Zacks Investment Research • May 20, 2026

House Votes to Cut Red Tape for Smaller Banks
The House of Representatives passed bills Tuesday (May 12) that would tailor the supervisory requirements and reduce the frequency of examination for smaller financial institutions that are well managed and well capitalized. The two bills will now be considered by the Senate.
PYMNTS • May 13, 2026

Banks Face A Two-Front War: Inflation And Rising Defaults
For much of the past year, investors and bank regulators hoped the U.S. banking system was moving beyond the regional banking turmoil of 2023. Most banks remained profitable, liquidity conditions improved, and fears of a broader financial crisis faded.
Forbes • May 13, 2026

Bank Stock Buybacks Hit a Record in First Quarter. Here Are the Leaders.
The buybacks are encouraging for investors amid a mixed performance for banking stocks this year.
Barrons • May 12, 2026

¹ Disclosures

Open an M1 investment account to buy and sell Financial Select Sector SPDR Fund commission-free¹. Build wealth for the long term using automated trading and transfers.