FTXO News and Press, First Trust Nasdaq Bank ETF From 01/12/21

Stocks are expensive on all metrics besides those based on low yields. Yields are rising due to the economic reopening and the fiscal stimuli. The Fed will follow the market and lean hawkish. The most vulnerable stocks to rising yields are in the tech and consumer discretionar...

SPDR S&P500 Bank ETF (KBE) offers investors exposure to U.S. banking institutions. The Fund has a total of 91 holdings with the largest AUM amongst peers. TTM Dividend Yield of 2.23% which is on par, if not higher than most of its peers. For further details see: SPDR...

First Trust Nasdaq Bank ETF (FTXO) declares $0.1763/share quarterly dividend, 16.3% increase from prior dividend of $0.1516.Forward yield 2.97%Payable Dec. 31; for shareholders of record Dec. 28; ex-div Dec. 24.See FTXO Dividend Scorecard, Yield Chart, & Dividend Growth. For further det...

The Fed is allowing buybacks to resume. This is a bullish signal for the large U.S. banks. It is no time to fade the banks' rally. Additional catalysts are expected to materialise near-term. For further details see: The December CCAR Is Hugely Bullish For The Banks ...

When the pandemic broke in March, the biggest concern for the banking industry was the future level of bad loans. Almost all banks significantly increased their loan loss reserves in the first two quarters of 2020 to prepare for that. Numerous government actions and other factors ...

A potentially higher inflationary environment for 2021 may put central banks and markets at odds. With markets looking past recent COVID-19 data with promising vaccine announcements, value is growing increasingly attractive. Markets could tighten with the onset of growth, and the ...

The Bank Index is down more than 30% year to date, while the S&P 500 Index is actually up on the year. What’s especially interesting about the banks’ underperformance this year is that it has come during a time when the yield curve has been widening. The median p...

15-20 banks and financial names report this week. There remain a lot of questions about potential credit losses at the banks. The net interest margin compression will likely last a while unless the yield curve steepens, and that's more likely than the Fed raising rates. I do t...

First Trust Nasdaq Bank ETF (FTXO) declares $0.1516/share quarterly dividend, -26.6% decrease from prior dividend of $0.2064.Forward yield 3.74%Payable Sept. 30; for shareholders of record Sept. 25; ex-div Sept. 24.See FTXO Dividend Scorecard, Yield Chart, & Dividend Growth. For further...

The Federal Reserve said it's considering extending its caps on banks' dividends and stock repurchase  for the rest of the year due to heightened economic uncertainty. More news on: JPMorgan Chase & Co., Wells Fargo & Company, Bank of America Corporation, Financial stocks new...