Quote & Headlines
Market Currents
StockTalk
Today
5d
1m
3m
1y
5y
10y
52wk high:
52wk low:
EPS:
PE:
Div Rate:
Yield:
Market Cap:
Volume:
3,720 people get XLF articles and Market Currents by email alert.
Get email alerts on XLF »
FOCUS
|
PRO
|
RELATED
|
TRANSCRIPTS
|
NEWS & PR
-
-
-
-
-
-
-
Friday's ETF Chart To Watch: Financial Select Sector SPDR (XLF)Stoyan Bojinov • Fri, Jul 13, 2012 -
-
-
-
-
-
Bank Of America Leads Financial ETFs HigherTom Lydon • Wed, Mar 21, 2012 -
-
-
-
Why The Financial ETF XLF Has Outperformed The BanksHenry Swann • Wed, Feb 15, 2012 -
-
Financial ETF Down 2% As BAC Again Tests $5John Spence • Mon, Dec 19, 2011 -
To learn more about Seeking Alpha Pro, click here.
-
-
-
-
Lots Of Red Across The BoardBespoke Investment Group • Thu, Jun 13 -
-
-
Summer StocksBespoke Investment Group • Tue, Jun 11
-
-
-
-
-
-
-
-
-
-
Breadth Hanging In ThereBespoke Investment Group • Wed, Jun 5
-
-
-
There are no Transcripts on XLF.
-
at MarketWatch.com (Tue, 11:40AM)
-
at MarketWatch.com (Tue, 11:18AM)
-
at MarketWatch.com (Wed, 10:24AM)
-
at CNBC.com (Jun 7, 2013)
-
at CNBC.com (Jun 7, 2013)
-
at MarketWatch.com (Jun 7, 2013)
-
at CNBC.com (Jun 5, 2013)
-
at MarketWatch.com (Jun 3, 2013)
-
at CNBC.com (May 31, 2013)
-
at MarketWatch.com (May 31, 2013)
-
at MarketWatch.com (May 29, 2013)
-
at MarketWatch.com (May 28, 2013)
-
at MarketWatch.com (May 23, 2013)
-
at MarketWatch.com (May 22, 2013)
-
at MarketWatch.com (May 20, 2013)
-
at MarketWatch.com (May 14, 2013)
-
at CNBC.com (May 13, 2013)
-
at CNBC.com (May 10, 2013)
-
at MarketWatch.com (May 3, 2013)
-
at MarketWatch.com (May 1, 2013)
XLF vs. ETF Alternatives
XLF Description
The Financial Select Sector SPDR® Fund, before expenses, seeks to closely match the returns and characteristics of the Financial Select Sector Index. Our approach is designed to provide portfolios with low portfolio turnover, accurate tracking, and lower costs.
See more details on sponsor's website
See more details on sponsor's website
Sector: Financial
Country: United States
Key Info
- In Your Portfolio: Financial Sector ETFs
- Asset Class Performance: Sectors
- All
- | Earnings
- | Dividends
- | M&A
- | On the move
- Sunday, September 30, 2012, 10:15 PM "They can't get rid of this rule fast enough," says a bank analyst of the FASB's progress toward eliminating the debt valuation adjustment (DVA) from bank earnings. The rule - which perversely adds to earnings as a bank's credit deteriorates (and subtracts from the bottom line as credit improves) - has been behind big whipsaws in reported numbers in recent quarters (Q3 will be no exception). "(It's) one of the more ridiculous concepts that's ever been invented in accounting," says Jamie Dimon. 9 Comments [Financials]
- Thursday, September 27, 2012, 4:49 PM Housing may help bank profits, but for the big boys, sluggish doesn't begin to describe the capital markets business. Normally running at 2% of global market cap, equity issuance of late has been more like 1%, says Goldman, which isn't expecting a bounce soon. Expect more layoffs in the sector, says Nomura's Glenn Schorr, as recent headcount reductions haven't even come close to matching the slowdown in business. 2 Comments [Financials]
- Thursday, September 27, 2012, 4:41 PM Despite narrowing net interest margins, reported bank profits should still be solid thanks to housing's rebound. Mortgage origination income helps, but the big boost will come from improving credit quality. At 1.66% in Q2, mortgage charge-offs remain nearly triple their 20-year average. Then there's loan reserve releases - mocked by some, they nevertheless are earnings that boost capital (maybe allowing bumps in dividends and share repurchases). 2 Comments [U.S. Economy, Financials]
- Thursday, September 13, 2012, 12:18 PM Citigroup (C) has a credit card business worth $60B by itself, yet the entire bank is valued at $97B, says former Morgan Stanley CEO Phil Purcell (who spun off Discover during his reign), again making the case for breaking up the big banks. If banks are going to trade at half of book, but have business lines that would fetch 2-3X book, it's a no-brainer. "The shareholder is getting cheated." 5 Comments [Financials]
- Tuesday, September 11, 2012, 11:18 AM Trading at 11X 2014 EPS with weak revenue prospects and slim net interest margins, regional banks are modestly expensive, says Credit Suisse. Regions Financial (RF) and Huntington Bancshares (HBAN), however, both trade at significant valuation discounts to their peers and possibly with positive catalysts ahead. Chart: KRE vs. XLF and SPY over the last year. 3 Comments [Financials, Quick Ideas]
- Monday, September 10, 2012, 3:03 PM More on Goldman's bank call: Banks need a "Plan B," says the Goldman team. Citigroup (C): Spin off North American real estate assets and write off deferred tax assets. Morgan Stanley (MS): Reduce fixed income assets and use the capital to buy back shares. BofA (BAC), Regions (RF), Zion (ZION), KeyCorp (KEY) - more of the same. Growth isn't there, so cut costs, sell off certain divisions, return capital to shareholders. Comment! [Financials]
- Monday, September 10, 2012, 11:45 AM In conflict with its own management team, Goldman analysts conclude structural, not cyclical factors are behind the poor performance of the U.S. banking sector. More than half of the top 25 U.S. banks aren't earning enough to cover their cost of capital, says the team, which recommends the big players improve returns by shrinking business lines and instead using the money to buy back shares. 8 Comments [Financials]
- Friday, September 7, 2012, 5:19 PM Big bank stocks have been on a tear, but a JMP Securities analyst says investors should take profits now, calling the rally unwarranted. The ECB's new plan likely won't have much effect, he says, since it only addresses high borrowing costs for Spain and Italy and doesn’t tackle other issues like Greece. A Greek collapse isn’t being priced in, he says; if it happens, big bank stocks "will fall dramatically." 7 Comments [Financials, Quick Ideas]
- Tuesday, August 28, 2012, 3:35 PM Bank earnings of $34.5B in Q2 were up about 21% Y/Y, but thank the release of loan-loss reserves for that. The business of borrowing short and lending long - what banks are supposed to be doing for profits - is weak, thanks to net interest margin of just 346 bps combining with low loan growth. "Cheap" valuations are likely to remain so. 1 Comment [Financials]
- Tuesday, August 28, 2012, 11:25 AM JPMorgan (JPM) and CME Group are among those standing to gain the most should institutional investors take their financial sector exposure just up to a neutral weighting, according to Keefe, Bruyette. There isn't a lot of room to go - underweight financials by 131 bps in 2011 Q3, funds are just 14 bps light today. 1 Comment [Financials]
- Tuesday, August 21, 2012, 9:18 AM His tail between his legs at the moment, Jamie Dimon is no longer the banker who can stand up (remember this tantrum) against the regulatory onslaught faced by the industry. "The government is piling on the banks," says a fund manager. "Somebody has to fight the damn thing." 3 Comments [Financials]
- Monday, August 20, 2012, 9:52 AM "What we talk about is you play anything with mortgage banking," says FBR's Paul Miller, because it's the only area where banks can show any sort of growth. There remains more than 20M Fannie and Freddie loans with a rate above 5%. We're in HARP 2.0 now, and there will be HARP 3.0 and HARP 4.0 before it ends, he says. 3 Comments [Financials, Quick Ideas]
- Tuesday, August 14, 2012, 8:55 AM More on the BAML fund manager survey: Overowned assets include defensive sectors like REITs, Consumer Staples, Pharma, and Bonds. Underowned: Materials, Banks, Japan, Eurozone, Energy, and Equities in general. Comment! [Quick Ideas]
- Tuesday, August 14, 2012, 8:11 AM A nice summary (via tradefast) of Q2 13F filings shows hedge funds riding the defensive play trend, adding to holdings in Consumer Staples, Health Care, Telecom, and Utilities, while cutting exposure to Tech, Energy, Financials, and Materials. Comment!
- Tuesday, July 31, 2012, 1:22 PM Negative interest rates are wonderful, writes Izabella Kaminska, if the objective is to kill off banks and insurers. Earnings are already under enough pressure and flat/inverted curves at the short end are hurting even more. Add this to the growing list of unintended consequences of central bank actions, and as a caution to the Fed as it debates cutting deposit rates to zero. Comment! [Global & FX, U.S. Economy, Financials]
- Tuesday, July 31, 2012, 12:18 PM Banks haven't over-fired, says Meredith Whitney, arguing the big lenders are only about halfway through their expense-cutting cycle. "I hope I'm around when the over-hiring phase returns." Washington can stay out of the "break 'em up" debate, she says as shareholders are taking care of it, not investing until the banks show they can "earn their cost of capital." 7 Comments [Financials]
-
- View all 1 replies
-
realornot: Expect the whales are going take money and run. Rather take their losses.
-
x oil -field
Bloomberg: Millions May Be Affected by Web Disruption in Online Attack. $XLF http://bloom.bg/10QzJF5 - View all 0 replies
-
- View all 0 replies
-
x oil -field
EUR/USD (€) C-(1.27|50) http://bit.ly/nXGqkT http://bit.ly/X8QSGf investing.com $XLF L-(1.27|50) http://bit.ly/ZQvRT4 Trending Lower. - View all 0 replies
-
x oil -field
USD/CHF - U.S. Dollar Swiss Franc. Spot C-(.95|50) H-(.95|50) http://bit.ly/nXGqkT // http://bit.ly/UylbI3 http://bit.ly/11LJaIr $XLF - View all 0 replies
-
x oil -field
Bloomberg: BRICS Nations Need More Time for New Bank, Russia Says. $XLF http://bloom.bg/11Ly3PZ [So-called BRICS] - View all 0 replies
-
x oil -field
BRASILIA-China will carry bulk of contingency fund to be created by developing countries known as BRICS,official told Dow Jones. $XLF $UUP - View all 2 replies
-
x oil -field: MarketWatch: China to carry bulk of BRICS contingency Fund. http://on.mktw.net/10chaaH
-
x oil -field: Bloomberg: BRICS Nations Need More Time for New Bank, Russia Says. $XLF http://bloom.bg/11Ly3PZ
-
x oil -field
Bank of Cyprus Uninsured Deposit Holders Face 40% Haircut-Central Banker. Dow Jones Newswires $XLF - View all 3 replies
-
x oil -field: Cypriot property valuers suspend work as price falls loom. $EUO http://bit.ly/ZQvRT4 http://bit.ly/ZrvYEN ekathimerini
-
realornot: they want to set up good and bad bank. Really, they are all bad banks!
-
x oil -field
Where Is Europe Going? Is This The German Plan? by:John M. Mason. $FXE http://bit.ly/11HftbI http://bit.ly/ZQvRT4 $XLF - View all 2 replies
-
x oil -field: EUR/USD C-(1.27|64) http://bit.ly/nXGqkT http://bit.ly/X8QSGf investing.com $XLF L-(1.27|64) (€) http://bit.ly/ZQvRT4 Trending Lower
-
x oil -field: Merkel Tells Hollande Reform Is Price of Deficit Waiver. $FXE Bloomberg http://bloom.bg/16vgNAU ''The Iron Maiden'' Raises Her Head Again.
-
x oil -field
U.S. industrial production rebounded during February and sent a closely watched barometer of the economy back into positive territory. $XLF - View all 2 replies
-
x oil -field: Chicago Fed's National Activity Index Rebounds in February. Dow Jones Newswires
-
x oil -field: The bank's latest Midwest Manufacturing Index, also released Monday, rose by +0.1% in January to 97.0 seasonally adjusted.
LATEST REPLIES
-
x oil -field
Forex - EUR/USD C-(1.34|60) http://bit.ly/nXGqkT (1.34|60) http://bit.ly/X8QSGf investing.com Still Trending Lower AH. $XLF - View all 2 replies
-
-
x oil -field: MarketWatch:Ignore the seeming calm.The real-€-crisis is only just getting going -and it has a long way to run yet.http://bit.ly/XItZtc
-
- View all 77 replies
-
Perkins Cove: cont...after a reasonable time, ask SA to reinstate your real time privilages. You need to re-build your SA cred with the mods. Good luck. -
-
x oil -field
"We told you so." Seriously? Barron's thumps its chest in the sort of self-congratulatory, bullish article. http://bit.ly/WepMxY $XLF $RSH - View all 13 replies
-
x oil -field: ..I know ''tides are a changing''! If you're a new investor,I encourage you to read latest MI article(s),& this bellwether market current.
-
x oil -field: And,'if' you're a new equity investor @StockTalk look-up @PC,this person has many civil ST(ers) to recommend.gL http://bit.ly/11AWwSF
-
O. Young Kwon
TANER ETF Model [TEM] Momentum 1/31/2013 (Thursday): (1-2-3) Financial Select Sector SPDR ETF($XLF) Vanguard Utilities ETF ($VPU) - View all 2 replies
-
-
O. Young Kwon: (The numbers are terms in months.) For The TANER System and its four Models, read my article. Link:http://seekingalpha.com/a/hitr yk
-
- View all 4 replies
-
x oil -field: FED Mr.Bernanke spoke about the debt ceiling misconceptions, compared the debt to a ''family of debtors skipping out on their bills''
-
x oil -field: WSJ: Fed's Mr. Lockhart: Wrong to Call Current Policy 'QE Infinity' http://on.wsj.com/ZPOyny
-
x oil -field
BRUSSELS -- A hotly contested tax on financial trades took a major step forward on Tuesday. $GOLD http://nyti.ms/XwUnEr $XLF -NYT - View all 3 replies
-
x oil -field: GERMANY, France and nine other euro zone (11) countries got a go-ahead today to implement a tax on trading. http://bit.ly/TgCFu7
-
-
x oil -field
Mr.Felix Salmon Europe's Robust Financial-Transactions Tax January 30, 2013. $XLF http://bit.ly/VwUINg - View all 1 replies
-
-
x oil -field
FOMC Announcement:No changes,with $85B/month in asset purchases and ZIRP remaining the monetary law of the land. $XLF - View all 4 replies
-
-
-
x oil -field
CARACAS (AFP)--Venezuelan President Hugo Chavez, who is recovering in Cuba after a fourth cancer surgery. $XLF - View all 1 replies
-
x oil -field: I had an acquaintance who traveled a lot,person visited Brooklyn Bridge,acquaintance said they thought they saw a [for sale sign posted].
-
x oil -field
ECB: Euro-Zone Loans to Non-Fincl Firms Down EUR -51B on Month in Dec. update: 1/28/2013 Dow Jones Newswires 04:03 ET (09:03 GMT) $XLF - View all 5 replies
-
x oil -field: Hello @BK good question,I've watched it closely, personally believe we are seeing a top,believe US$ will move higher from here.JMO
-
BK0324: Thanks. I tend to agree and took some action. Have a good one!!
-
x oil -field
BBC:Burma gets Asian Development Bank and World Bank loans. $XLF http://bbc.in/Yy7P1u $UNG - View all 1 replies
-
x oil -field: $GOLD importers struggle to sell discounted stocks Reuters | NDTV. $INR http://bit.ly/Vrkd2o
-
x oil -field
CNBC: Is the GOP the 'Party of Stupid'? Fri 25 Jan 13 | 07:51 PM ET http://bit.ly/XKNQqn $XLF - View all 11 replies
-
-
Hypnos7: As long as this is the case, the GOP is playing a losing demographic game
-
x oil -field
Reuters: $XLF Obama digs heels in, refuses to negotiate debt ceiling. http://reut.rs/10N3bZr - View all 6 replies
-
x oil -field: #4) Any country that benefits from U.S. soldiers on their soil must pickup 25% of cost associated with privilege of U.S. defence umbrella.
-
x oil -field: Reuters: Mr.Chuck Hagel is in line to be the first Vietnam veteran to run the Pentagon. http://reut.rs/14kFgnS
-
x oil -field
Bloomberg: Spain's Lost Generation Spends Salad Days Toiling in U.K. $MCD http://bloom.bg/VjZAW4 $XLF - View all 2 replies
-
x oil -field: EU Currency: (€)EUR ($)USD *Spot C-(1.33|00) http://bit.ly/uMwi4n l- (1.32|63) http://bit.ly/nXGqkT $XLF
-
x oil -field: Bloomberg: (€)EUR Euro Weakens Amid Speculation Investor's Sales Triggered Losses. http://bloom.bg/V7oGlp
-
- View all 2 replies
-
x oil -field: May God continue to bless the United States of America,and The Commander in Chief Mr.Barack Obama. http://bit.ly/yFJLsv
-
x oil -field: Let us not forget the great men and women serving their country each and every day in uniform. American troops Thank you. X