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5 Reasons To Be Bullish On Bank ETFs (KBE)

From Zacks: The U.S. financial sector, which accounts for around one-fifth of the S&P 500 index, has been on an uptrend. Strong loan growth, improving credit quality, decent M&A and IPO activities, as well as stable balance sheets are fueling optimism in the broad sector.

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Bank-Focused ETFs Get A Bump From Hawkish Fed Commentary

From Zacks: As widely expected, the Fed stayed put in its April meeting but showed faith in the U.S. economy and maintained its hawkish stance on monetary policy outlook. A soft GDP data for the first quarter and slower manufacturing activity couldn’t subdue the Fed’s optimistic view about the economy.

Financial ETFs Continue To Feel The Trump Bump

With interest rates on the rise and likely deregulation under the Trump administration, the financial sector should benefit. On a relative value basis, the sector remains attractive and can continue to outperform as rates rise and the burden of a heavy regulatory environment is lifted, boosting profitability.