Observatory · observe first

Follow the allocation change

Matched S&P 500 members → sector → industry → sub-industry → company. Each step uses the same percentage points.

Historical time machine

Historical observation

20182026

Universe›Financials›Regional Banks›Regional Banks

1 · Sector

Weight and 12M allocation change

Materials30.1%+27.83 pp Energy2.0%-0.58 pp Communication Services2.1%-0.59 pp Utilities2.1%-0.66 pp Real Estate1.6%-0.88 pp Industrials7.7%-1.89 pp Consumer Staples4.9%-2.28 pp Consumer Discretionary8.4%-3.45 pp Health Care8.2%-4.24 pp Financials7.7%-4.88 pp Information Technology25.3%-8.39 pp

2 · Industry

Inside Financials

Diversified Banks2.53%-1.29 pp Transaction & Payment Processing Services0.51%-0.71 pp Asset Management & Custody Banks0.87%-0.66 pp Financial Exchanges & Data0.62%-0.49 pp Property & Casualty Insurance0.70%-0.44 pp Insurance Brokers0.38%-0.43 pp Investment Banking & Brokerage0.99%-0.32 pp Consumer Finance0.49%-0.21 pp Life & Health Insurance0.24%-0.19 pp Regional Banks0.25%-0.07 pp Multi-line Insurance0.11%-0.07 pp Reinsurance0.02%-0.02 pp Multi-Sector Holdings0.00%-0.00 pp

3 · Sub-industry

Inside Regional Banks

Regional Banks0.25%-0.073 pp

Concentrated

Most of this industry's losses came from a few companies.

View all contributions →

Regional Banks · weight

0.25%

Industry change · 12M

-0.07 pp

Regional Banks · contribution

-0.073 pp

Company participation

17%

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Feb 2026 · sorted by absolute contribution to 12-month change

Company	Country	Market cap	Universe weight	3M contribution	12M contribution	12M price return	Above 6M weight average
M&T Bank → MTB	United States	$32.3bn	0.044%	-0.013 pp	-0.026 pp	+16.6%	No
Regions Financial Corporation → RF	United States	$24.0bn	0.033%	-0.011 pp	-0.015 pp	+22.5%	No
KeyCorp → KEY	United States	$22.6bn	0.031%	-0.008 pp	-0.012 pp	+25.5%	No
Citizens Financial Group → CFG	United States	$25.6bn	0.035%	-0.011 pp	-0.010 pp	+36.3%	No
Huntington Bancshares → HBAN	United States	$34.1bn	0.047%	+0.000 pp	-0.007 pp	+6.0%	No
Fifth Third Bancorp → FITB	United States	$44.6bn	0.061%	+0.005 pp	-0.003 pp	+18.0%	Yes

Company contributions use weights among matched S&P 500 members and add through each level without rescaling. Companies without matched shares and prices are omitted. These observations do not establish official index weights or actual fund flows.