Regional Bank Stocks
Top 10 of 166 KRE holdings, updated
As of 12 October 2026, regional bank stocks are trailing the S&P 500, over the past month and over the longer run. KRE trails the S&P 500 by 7.4 points over one month and ranks #86 of 115 groups Zensei tracks. 108 of the 166 regional bank stocks Zensei prices in KRE beat the fund this month.
Where regional bank stocks stand now
As of 12 October 2026, Regional Banks (KRE) ranks #86 of the 115 groups Zensei tracks by one-month return against the S&P 500. It is out of favor: it trails the S&P 500 on both rotation windows — 7.4 points behind over the past month and 3.6 points behind over the longer, time-shifted window. That is the Underperformers quadrant.
On the shorter tape, KRE's momentum is weakening: the intraday trend that carried the move is cooling across the shorter windows. KRE's relative-strength line has broken below its long-term average — the long-term outperformance trend is no longer intact. Both signals point the same direction here: the market is not rewarding this group on either horizon.
The exposure comes via SPDR S&P Regional Banking ETF, whose 166 tracked holdings are led by First Bancorp, East West Bancorp Inc and United Bankshares Inc. Weighted by portfolio, the fund's holdings trade at roughly 12.0× earnings. The thing to watch from here is the one-month spread: underperformers only become interesting when the recent window turns positive first — until then, the market is voting elsewhere.
Top regional bank stocks right now
The largest regional bank stocks by weight in KRE, and the strongest over the past month. Size and recent return are measurements, not recommendations.
Largest by fund weight
Share of KRE
- 1First BancorpFBP1.6%
- 2East West Bancorp IncEWBC1.1%
- 3United Bankshares IncUBSI1.1%
- 4First Hawaiian IncFHB1.1%
- 5Hancock Whitney CorpHWC1.1%
Strongest this month
1-month return, holdings Zensei prices
- 1Eagle Bancorp IncEGBN+2.9%
- 2Preferred BankPFBC+1.1%
- 3n/aESQ+1.1%
- 4Central Bancompany IncCBC+0.5%
- 5Westamerica BancorpWABC−0.1%
Regional Bank Stocks vs the S&P 500
Over the week to 12 October 2026, KRE fell 1.2% while the S&P 500 rose 0.4%. KRE and SPY (the S&P 500) over every window Zensei tracks. The spread is the difference: positive means KRE won that window.
Prices as of · computed from daily adjusted closes · how we measure
Regional Banks on the rotation map, against the 11 broad S&P 500 sectors. Vertical: 1-month spread vs the S&P 500. Horizontal: the longer, time-shifted window.
Are regional bank stocks expensive?
The price-to-earnings ratio of KRE as a whole: the total price of its holdings over their total earnings, weighted by share of the fund. Holdings that lose money are left out.
KRE holdings: the regional bank stocks inside
As of 12 October 2026, 108 of the 166 regional bank stocks Zensei prices in KRE beat the fund over the past month. 1 of them beat the S&P 500. The strongest is Eagle Bancorp Inc (EGBN); the weakest is Flagstar Bank Na (FLG). Inside the fund, the holdings move close to the sector.
| # | Holding | Weight | 1M | 3M | vs fund 1M | Momentum | RS health |
|---|---|---|---|---|---|---|---|
| 1 | FBPFirst Bancorp | 1.6% | −3.4% | +1.1% | +2.0 pts | Pulling back | Strong |
| 2 | EWBCEast West Bancorp Inc | 1.1% | −2.8% | −3.9% | +2.6 pts | Cruising | Strong |
| 3 | UBSIUnited Bankshares Inc | 1.1% | −2.8% | +0.2% | +2.5 pts | Cruising | Strong |
| 4 | FHBFirst Hawaiian Inc | 1.1% | −4.3% | −14.7% | |||
| 5 | HWCHancock Whitney Corp | 1.1% | −3.5% | −3.7% | |||
| 6 | EBCEastern Bankshares Inc | 1.1% | −2.1% | −4.4% | |||
| 7 | ONBOld National Bancorp | 1.1% | −3.4% | −5.3% | |||
| 8 | WTFCWintrust Financial Corp | 1.1% | −5.2% | −10.4% | |||
| 9 | UCBUnited Community Banks Inc | 1.1% | −4.2% | −4.8% | |||
| 10 | AUBAtlantic Union Bankshares Corp | 1.1% | −4.9% | −9.3% |
All 166 KRE holdings by weight: First Bancorp (FBP) 1.6%, East West Bancorp Inc (EWBC) 1.1%, United Bankshares Inc (UBSI) 1.1%, First Hawaiian Inc (FHB) 1.1%, Hancock Whitney Corp (HWC) 1.1%, Eastern Bankshares Inc (EBC) 1.1%, Old National Bancorp (ONB) 1.1%, Wintrust Financial Corp (WTFC) 1.1%, United Community Banks Inc (UCB) 1.1%, Atlantic Union Bankshares Corp (AUB) 1.1%, Nicolet Bankshares Inc (NIC) 1.1%, Home Bancshares Inc (HOMB) 1.1%, Columbia Banking System Inc (COLB) 1.1%, Wsfs Financial Corp (WSFS) 1.1%, Pinnacle Financial Partners Inc (PNFP) 1.1%, F N B Corp (FNB) 1.1%, Associated Banc-Corp (ASB) 1.1%, Ameris Bancorp (ABCB) 1.1%, Popular Inc (BPOP) 1.1%, First Interstate Bancsystem Inc (FIBK) 1.1%, Fulton Financial Corp (FULT) 1.1%, Axos Financial Inc (AX) 1.1%, Glacier Bancorp Inc (GBCI) 1.1%, Bankunited Inc (BKU) 1.1%, First Horizon Corp (FHN) 1.1%, Western Alliance Bancorp (WAL) 1.1%, Bok Financial Corp (BOKF) 1.1%, Southstate Bank Corp (SSB) 1.1%, Banc of California Inc (BANC) 1.1%, Cullen/Frost Bankers Inc (CFR) 1.1%, Cvb Financial Corp (CVBF) 1.1%, Commerce Bancshares Inc (CBSH) 1.1%, Prosperity Bancshares Inc (PB) 1.1%, Texas Capital Bancshares Inc (TCBI) 1.1%, Citizens Financial Group Inc (CFG) 1.1%, M&t Bank Corp (MTB) 1.1%, Huntington Bancshares Inc (HBAN) 1.1%, Zions Bancorp Na (ZION) 1.1%, Wesbanco Inc (WSBC) 1.1%, Umb Financial Corp (UMBF) 1.1%, Valley National Bancorp (VLY) 1.1%, Seacoast Banking Corp of Florida (SBCF) 1.1%, Truist Financial Corp (TFC) 1.1%, Bank Ozk (OZK) 1.1%, First Financial Bancorp (FFBC) 1.1%, Regions Financial Corp (RF) 1.1%, Simmons First National Corp (SFNC) 1.0%, Flagstar Bank Na (FLG) 1.0%, Cathay General Bancorp (CATY) 1.0%, Renasant Corp (RNST) 1.0%, Independent Bank Corp (INDB) 1.0%, First Financial Bankshares Inc (FFIN) 1.0%, Bank of Hawaii Corp (BOH) 0.9%, International Bancshares Corp (IBOC) 0.9%, Columbia Financial Inc (CLBK) 0.9%, First Busey Corp (BUSE) 0.9%, The Bancorp Inc (TBBK) 0.8%, Central Bancompany Inc (CBC) 0.8%, Customers Bancorp Inc (CUBI) 0.8%, Provident Financial Services Inc (PFS) 0.8%, Beacon Financial Corp (BBT) 0.8%, Servisfirst Bancshares Inc (SFBS) 0.8%, Towne Bank (TOWN) 0.7%, Banner Corp (BANR) 0.7%, Fb Financial Corp (FBK) 0.7%, Wafd Inc (WAFD) 0.6%, Oceanfirst Financial Corp (OCFC) 0.6%, Nbt Bancorp Inc (NBTB) 0.6%, Pathward Financial Inc (CASH) 0.6%, Park National Corp (PRK) 0.6%, Trustmark Corp (TRMK) 0.6%, First Merchants Corp (FRME) 0.6%, National Bank Holdings Corp (NBHC) 0.6%, City Holding Co (CHCO) 0.6%, Bancfirst Corp (BANF) 0.6%, Community Financial System Inc (CBU) 0.5%, Triumph Financial Inc (TFIN) 0.5%, n/a (ESQ) 0.5%, Northwest Bancshares Inc (NWBI) 0.5%, Northeast Bank (NBN) 0.5%, Ofg Bancorp (OFG) 0.5%, First Commonwealth Financial Corp (FCF) 0.5%, Connectone Bancorp Inc (CNOB) 0.5%, Tfs Financial Corp (TFSL) 0.5%, Hope Bancorp Inc (HOPE) 0.5%, Bank First Corp (BFC) 0.5%, Enterprise Financial Services Corp (EFSC) 0.5%, Stock Yards Bancorp Inc (SYBT) 0.5%, S&t Bancorp Inc (STBA) 0.4%, Trico Bancshares (TCBK) 0.4%, Horizon Bancorp (In) (HBNC) 0.4%, Dime Commercial Bancshares Inc (DCOM) 0.4%, Qcr Holdings Inc (QCRH) 0.4%, Metropolitan Bank Holding Corp (MCB) 0.4%, 1st Source Corp (SRCE) 0.4%, Carter Bankshares Inc (CARE) 0.4%, Preferred Bank (PFBC) 0.4%, Lakeland Financial Corp (LKFN) 0.4%, Byline Bancorp Inc (BY) 0.4%, Burke & Herbert Financial Services Corp (BHRB) 0.4%, Old Second Bancorp Inc (OSBC) 0.3%, Hilltop Holdings Inc (HTH) 0.3%, Tompkins Financial Corp (TMP) 0.3%, Westamerica Bancorp (WABC) 0.3%, Firstsun Capital Bancorp (FSUN) 0.3%, Hingham Institution For Savings (HIFS) 0.3%, Univest Financial Corp (UVSP) 0.3%, Republic Bancorp Inc (RBCAA) 0.3%, n/a (AMTB) 0.3%, Peoples Bancorp Inc (Marietta Oh) (PEBO) 0.3%, Live Oak Bancshares Inc (LOB) 0.3%, Origin Bancorp Inc (OBK) 0.3%, Heritage Financial Corp (HFWA) 0.3%, Community West Bancshares (CWBC) 0.3%, Red River Bancshares Inc (RRBI) 0.3%, Coastal Financial Corp (CCB) 0.3%, Community Trust Bancorp Inc (CTBI) 0.3%, Peapack Gladstone Financial Corp (PGC) 0.3%, Eagle Bancorp Inc (EGBN) 0.3%, Southern First Bancshares Inc (SFST) 0.3%, First Financial Corp (THFF) 0.3%, Southern Missouri Bancorp Inc (SMBC) 0.3%, Mercantile Bank Corp (MBWM) 0.3%, Business First Bancshares Inc (BFST) 0.3%, Trustco Bank Corp N Y (TRST) 0.3%, Amalgamated Financial Corp (AMAL) 0.3%, Mechanics Bancorp (MCHB) 0.3%, Hometrust Bancshares Inc (HTB) 0.3%, Great Southern Bancorp Inc (GSBC) 0.3%, Hanmi Financial Corp (HAFC) 0.3%, Independent Bank Corp. (IBCP) 0.2%, Five Star Bancorp (FSBC) 0.2%, First Mid Bancshares Inc (FMBH) 0.2%, Capitol Federal Financial Inc (CFFN) 0.2%, Farmers National Banc Corp (FMNB) 0.2%, Financial Institutions Inc (FISI) 0.2%, Nb Bancorp Inc (NBBK) 0.2%, Home Bancorp Inc (HBCP) 0.2%, Central Pacific Financial Corp (CPF) 0.2%, Washington Trust Bancorp Inc (WASH) 0.2%, South Plains Financial Inc (SPFI) 0.2%, Cnb Financial Corp (CCNE) 0.2%, Smartfinancial Inc (SMBK) 0.2%, Equity Bancshares Inc A (EQBK) 0.2%, Kearny Financial Corp (KRNY) 0.2%, Camden National Corp (CAC) 0.2%, Midland States Bancorp Inc (MSBI) 0.2%, Mid Penn Bancorp Inc (MPB) 0.2%, Hbt Financial Inc (HBT) 0.2%, Shore Bancshares Inc (SHBI) 0.2%, Orrstown Financial Services Inc (ORRF) 0.2%, Third Coast Bancshares Inc (TCBX) 0.1%, Capital City Bank Group Inc (CCBG) 0.1%, Colony Bankcorp Inc (CBAN) 0.1%, Bar Harbor Bankshares Inc (BHB) 0.1%, Bank of Marin Bancorp (BMRC) 0.1%, Southside Bancshares Inc (SBSI) 0.1%, California Bancorp (BCAL) 0.1%, Civista Bancshares Inc (CIVB) 0.1%, First Business Financial Services Inc (FBIZ) 0.1%, Acnb Corp (ACNB) 0.1%, Northrim Bancorp Inc (NRIM) 0.1%, Peoples Financial Services Corp (PFIS) 0.1%, Arrow Financial Corp (AROW) 0.1%, Unity Bancorp Inc (UNTY) 0.1%, Choiceone Financial Services Inc (COFS) 0.1%.
Regional Bank Stocks: common questions
What are the top 3 regional bank stocks?
As of 12 October 2026, the three largest regional bank stocks in KRE by fund weight are First Bancorp (FBP) (1.6%), East West Bancorp Inc (EWBC) (1.1%) and United Bankshares Inc (UBSI) (1.1%). Fund weight shows size inside the fund, not a recommendation.
Which regional bank stocks are beating the sector?
As of 12 October 2026, 108 of the 166 regional bank stocks Zensei prices in KRE beat the fund over the past month. The strongest over the past month is Eagle Bancorp Inc (EGBN). The list above shows every holding with its weight and returns.
Are regional bank stocks outperforming the S&P 500?
No. As of 12 October 2026, KRE trails the S&P 500 by 7.4 points over the past month.
Is it a good time to invest in regional bank stocks?
Zensei does not give investment advice, but it measures the trend. As of 12 October 2026, regional bank stocks are behind the S&P 500 on both the recent and the longer window. The rotation map and the read on this page show whether that trend is building or fading.
What is KRE?
KRE is SPDR S&P Regional Banking ETF. Zensei uses it to measure regional bank stocks against the S&P 500 (SPY).
What stocks does KRE own?
As of 12 October 2026, the largest of the 166 positions Zensei tracks in KRE are First Bancorp, East West Bancorp Inc, United Bankshares Inc, First Hawaiian Inc, Hancock Whitney Corp. Each position measured against the fund, with momentum and relative strength, is part of Zensei Premium.
What quadrant is regional banks in right now?
As of 12 October 2026, regional banks is in the Underperformers quadrant — trailing the S&P 500 on both windows. The Zensei methodology page explains the quadrants.
Recent changes
- ·First tracked: trailing the market
Related sectors
Track regional banks against the whole market
Zensei Edge maps 100+ sectors and themes against the S&P 500 — with the stocks inside each one, rotation history and alerts when leadership changes hands.