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iShares U.S. Regional Banks ETF

IAT · AMEX

Market closed$64.26$-0.950000 (-1.46%)After hours $64.26 · 0.00%

Key statistics

Previous close$65.21
Open$64.53
Day high$65.38
Day low$64.07
52-week high$65.32
52-week low$47.37
Market cap870.19M
Volume157.65K
Average volume165.81K
P/E ratio14.07
Forward P/E—
EPS4.57
Dividend yield0.00%

Market context

Why it moved

IAT declined amid a broad market selloff triggered by China's surprise release of the Kimi K3 open-source AI model, which intensified fears over AI competition and sparked a wide rotation out of tech and growth-oriented stocks across Wall Street.

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What is happening

Recent company-specific developments and publisher coverage.

July 17, 2026The iShares U.S. Regional Banks ETF declined amid a broader risk-off session, as tech-driven market weakness and escalating U.S.-Iran military tensions weighed on sentiment despite a strong regional bank earnings week. Top holdings Truist Financial (TFC, 9.7%) and Fifth Third Bancorp (FITB, 6.4%) both beat Q2 estimates — TFC posting EPS of $1.23 vs. $1.08 expected (+37% YoY) while FITB surpassed $300 billion in assets after its Comerica merger — adding to earlier beats from PNC, USB, MTB, CFG, and Regions Financial. Even so, the financial sector (XLF) pulled back alongside the S&P 500 as investors rotated out of risk assets on AI concern and geopolitical uncertainty, with the S&P 500 financials noted as having hit rare overbought territory after a strong run.

-1.4568

July 17, 2026iShares U.S. Regional Banks ETF gained 2%, closing near its 52-week high, as a wave of strong Q2 earnings from top holdings lifted sector sentiment. Top holding PNC Financial (15% weight) reported record revenue of $6.88B and profit up 25% YoY, while M&T Bank beat estimates with EPS of $5.35, and U.S. Bancorp (14.4% weight) reported Q2 revenue of $7.71B with net interest margin expanding to 2.79%. Citizens Financial also beat estimates, and multiple regional banks raised dividends, reinforcing the narrative that the sector is finally making a comeback after years of underperformance.

2.0022

July 16, 2026The iShares U.S. Regional Banks ETF rose modestly, touching a 52-week high intraday and outperforming the broader financial sector (XLF) as a wave of strong Q2 earnings from top holdings energized the space. PNC Financial — the ETF's largest holding — reported record quarterly revenue of $6.88 billion (+21% YoY), EPS of $4.85 beating estimates by $0.39, and raised its quarterly dividend 18% to $2.00. M&T Bank also beat on both EPS ($5.35 vs. $4.71 est.) and revenue, while softer-than-expected June CPI data and Fed Chair Warsh's constructive comments on the economy reduced rate-hike fears, providing a tailwind for bank net interest margins. With top holdings USB (Truist), FITB, and RF still set to report Friday, investor attention remains focused on whether the sector's momentum can continue into the back half of earnings season.

1.1551

July 14, 2026The iShares U.S. Regional Banks ETF edged down modestly, touching its 52-week high intraday at $64.03 before pulling back, as Q2 earnings season takes center stage for the sector. Wells Fargo beat Q2 estimates on NII and fee income growth, while Goldman Sachs surged on strong investment banking results, setting a positive tone. Key top holdings—including Truist (TFC), Fifth Third (FITB), and U.S. Bancorp (USB)—are reporting this week and are described as a sector 'finally making a comeback,' up 14.56% year-to-date. A softer-than-expected June CPI print of 3.5% offered some relief on rate-hike fears, though Iran-related geopolitical tensions and a hawkish Fed outlook tempered enthusiasm for financials broadly.

-0.2525

July 14, 2026The iShares U.S. Regional Banks ETF closed essentially flat amid a cautious market backdrop, as investors balanced Middle East-driven oil price surges and geopolitical jitters against strong anticipation for regional bank Q2 earnings. The ETF is trading near its 52-week high and is up ~14.6% year-to-date, with top holdings PNC, USB, and FITB all set to report results this week and broadly expected to beat estimates; PNC also recently boosted its quarterly dividend by 18%, signaling strong capital health across the sector.

0.079

July 11, 2026The iShares U.S. Regional Banks ETF edged higher, closing near its 52-week high as key holdings Fifth Third Bancorp and Huntington Bancshares gained on broadly constructive analyst sentiment ahead of the Q2 earnings season kicking off next week. Investor focus is squarely on upcoming results from top holdings PNC (reporting July 15) and M&T Bank (July 15), with analysts flagging that bank stocks may be "priced for perfection" after a strong run — a downgrade wave from Oppenheimer on large-cap banks and valuation-driven cuts to Citizens Financial and Truist weighed on sentiment, even as UBS issued a Buy on PNC and multiple firms raised price targets on FITB and HBAN. Geopolitical risk from U.S.-Iran strikes in the Gulf added a macro overhang, though the broader financial sector (XLF) held steady.

0.8121

July 10, 2026The iShares U.S. Regional Banks ETF gained nearly 2% on Thursday, outperforming the broader financial sector (XLF essentially flat) as investors weighed a mixed backdrop of analyst activity and upcoming Q2 earnings season. Key holdings saw divergent moves — top holding PNC Financial rose following an 18% dividend hike and a fresh UBS Buy rating with a $288 target, while Truist Financial (TFC, ~9.5% weight) fell sharply after multiple downgrades citing CEO transition uncertainty. Macro headwinds from renewed U.S.-Iran strikes and elevated oil prices kept rate and inflation concerns elevated, though dovish tones in Fed minutes helped offset sentiment pressure heading into bank earnings season beginning July 15.

1.8158

July 8, 2026The iShares U.S. Regional Banks ETF fell sharply, underperforming the broader financial sector as a risk-off wave swept markets after President Trump declared the U.S.-Iran interim peace deal "over," sending oil prices surging over 5% and rekindling inflation fears ahead of Fed minutes. The macro headwind compounded stock-specific pressures across top holdings: Truist Financial (9.5% weight) drew multiple analyst downgrades — from Bank of America, UBS, and Morgan Stanley — tied to CEO transition uncertainty, while Regions Financial (4.1% weight) was cut to Underperform at Baird on weak Q2 revenue guidance. Citizens Financial Group (4.6% weight) also fell roughly 4.4%, adding to the ETF's drag as investors braced for regional bank Q2 earnings season.

-2.8355

The Globe and Mail · July 16, 2026Vanguard Financials ETF vs iShares Regional Banks ETF. Which Fund Is the Best Bet to Play Banking Trends in 2026?Seeking Alpha · July 15, 2026IAT: Quarterly Earnings, Competitive Valuations, And An Entry Strategy (NYSEARCA:IAT)AOL.com · July 15, 2026IAT vs. IYF: Which iShares Financial ETF Is the Better Buy?Benzinga · July 13, 2026Regional Banks Earnings Preview: Truist, Fifth Third Stock On Watch as Sector ‘Finally Making a Comeback’The Globe and Mail · July 11, 2026FTXO vs. IAT: National Banking Giants vs. Regional Lenders -- Which ETF Is the Better Buy?
Benzinga · May 12, 2026Sticky Inflation And Fed Rate Hike Fears Put These ETFs In The Spotlight

Peers

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