|Bid||27.93 x 1100|
|Ask||28.00 x 800|
|Day's Range||27.91 - 28.03|
|52 Week Range||24.80 - 28.61|
|Beta (5Y Monthly)||1.55|
|PE Ratio (TTM)||22.00|
|Forward Dividend & Yield||1.41 (5.01%)|
|Ex-Dividend Date||Feb 26, 2021|
|1y Target Est||N/A|
Rise in net interest income, impressive growth in non-interest income and provision benefit support KeyCorp's (KEY) Q1 earnings.
KeyCorp (KEY) delivered earnings and revenue surprises of 24.49% and 2.47%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
Regular readers know well that earlier this year in response to what were at the time expanding yield spreads, as well as a loosening of restrictions on returning capital to shareholders by the Federal Reserve, I had added to an existing long position in JP Morgan , reestablished an old long in Wells Fargo , and looked to gain regions exposure through US Bancorp . Of those names, it was USB, a name that I just finished getting out of yesterday, as the name had hovered at target for about a week straddling its Q1 earnings release without giving reason to increase said target.