Over the last few days, Moody’s downgraded the credit ratings of 10 small to mid-sized banks.  All thanks to growing financial risks and strains that could impact profitability.

However, that crisis may be an opportunity.

According to JP Morgan, those concerns are already priced into the bank stocks, and regional banks could see upside. “In our view the rationales underlying the ratings actions (as well as changes to outlooks) are already well understood by markets. Along these lines, we actually thought second quarter results from the regional banks demonstrated that the industry is now on much more stable footing following a challenged first quarter which was impacted by the aftermath of several bank failures,” they said, as quoted by CNBC.

While investors can always buy regional banks, such as New York Community Bancorp (NYCB), and Western Alliance, another way to profit from a potential bounce is with an ETF, such as the SPDR S&P Regional Banking ETF (KRE).  With an expense ratio of 0.35%, the ETF provides exposure to the regional bank segment of the S&P TMI.

Some of its top holdings include Western Alliance, Pinnacle Finance, Zions Bancorp, First Horizon, Valley National, and Webster Financial to name a few.