News
KEY
14.52
-2.75%
-0.41
Main Street Banking Model Is Being Squeezed
Regional banks posted steep profit declines in the first quarter. Profit fell by more than a fifth from a year earlier. Higher interest rates have taken a toll on regional banks. One bright spot for some regional banks: a rebound in fee businesses. Banks are still under scrutiny after three high-profile failures.
The Wall Street Journal · 1d ago
Dividend Income Summary: Lanny's March 2024 Summary
Lanny's March 2024 dividend income total was $5,888.56. The S&P 500 is already up 6% in 2024. Dividend investing allows you to earn the best passive income stream. Lanny and his wife made $10,000+ in a single month in March.
Seeking Alpha · 3d ago
KeyCorp: A Solid 6% Yield For Income Investors
KeyCorp reported mixed Q1 results driven by weak net interest income, but lower provisioning expenses. The regional bank's 6% yield is worth buying. KeyCorp's valuation has seen a major revaluation after the regional banking crisis of 2023. The Fed is set to cut the federal fund rate in 2024.
Seeking Alpha · 3d ago
Truist (TFC) Q1 Earnings Top on Higher Fee Income, Costs Dip
NASDAQ · 3d ago
Weekly Report: what happened at KEY last week (0415-0419)?
Weekly Report · 3d ago
KEYCORP <KEY.N>: JEFFERIES CUTS TARGET PRICE TO $17 FROM $18
Reuters · 3d ago
Some Bubbles Are Starting To Pop
The S&P 500 posted its worst weekly performance since March of 2023 this week. The yield on the 10-Year Treasury has risen to 4.62% from 3.9% in late February. Bubbles in the AI sector and high beta parts of the market are deflating. Rising interest rates are also impacting the commercial real estate sector.
Seeking Alpha · 4d ago
KeyCorp Is Maintained at Outperform by RBC Capital
Dow Jones · 6d ago
KeyCorp Price Target Raised to $16.00/Share From $15.00 by RBC Capital
Dow Jones · 6d ago
RBC Capital Maintains Outperform on KeyCorp, Raises Price Target to $16
Benzinga · 6d ago
KeyCorp Is Maintained at Buy by Argus Research
Dow Jones · 6d ago
KeyCorp Price Target Raised to $16.00/Share From $15.00 by Argus Research
Dow Jones · 6d ago
Argus Research Maintains Buy on KeyCorp, Raises Price Target to $16
Benzinga · 6d ago
Broader Market Retreats on Middle East Strife and Tech Stock Weakness
US stock indexes settled mixed on Friday. The S&P 500 fell to a 1-3/4 month low and the Nasdaq 100 dropped to a 3-month low. A sell-off in the Magnificent Seven technology stocks Friday weighed on the overall market. Israel launched retaliatory air strikes on Iran and tensions in the Middle East escalate.
Barchart · 6d ago
iShares Select Dividend ETF Experiences Big Outflow
NASDAQ · 6d ago
KEYCORP <KEY.N>: UBS CUTS TARGET PRICE TO $16 FROM $17
Reuters · 6d ago
Analysts Offer Insights on Financial Companies: Western Alliance (WAL), KeyCorp (KEY) and Banner (BANR)
TipRanks · 6d ago
WRAPUP 2-Wall St sees more pain ahead for US mid-sized lenders after dull Q1
U.S. Mid-sized banks' profits to remain under pressure for most of 2024, analysts say. Regions Financial, Fifth Third Bancorp and others reported smaller first-quarter profits on Friday. Net interest margin contracted across regional lenders for the second straight quarter. High interest rates have stymied loan growth and pushed up deposit costs.
Reuters · 6d ago
Fifth Third Bancorp's quarterly profit falls on lower interest income
Fifth Third Bancorp's quarterly profit falls on lower interest income. Higher deposit costs weighed on the lender's interest income in the first quarter. Regional banks have increased the interest rates they offer on deposit accounts to retain customers. The bank's total average deposits rose 5% to $168.12 billion.
Reuters · 6d ago
Analysts Have Conflicting Sentiments on These Financial Companies: Marsh & Mclennan Companies (MMC), Ally Financial (ALLY) and KeyCorp (KEY)
TipRanks · 6d ago
More
Webull provides a variety of real-time KEY stock news. You can receive the latest news about Keycorp through multiple platforms. This information may help you make smarter investment decisions.
About KEY
KeyCorp is a bank-based financial services company, which operates through its subsidiary, KeyBank National Association (KeyBank). Through KeyBank and certain other subsidiaries, it provides a range of retail and commercial banking, commercial leasing, investment management, consumer finance, student loan refinancing, commercial mortgage servicing and special servicing, and investment banking products and services to individual, corporate, and institutional clients. It has two business segments: Consumer Bank and Commercial Bank. The Consumer Bank serves individuals and small businesses by offering a variety of deposit and investment products, personal finance and financial wellness services, lending, student loan refinancing, mortgage and home equity, credit card, treasury services, and business advisory services. The Commercial Bank consists of the Commercial and Institutional operating segments. The Commercial operating segment serves the needs of middle market clients.