|Bid||16.80 x 27000|
|Ask||16.81 x 1200|
|Day's Range||16.56 - 17.02|
|52 Week Range||13.66 - 21.91|
|Beta (3Y Monthly)||1.51|
|PE Ratio (TTM)||9.84|
|Earnings Date||Apr 17, 2019 - Apr 22, 2019|
|Forward Dividend & Yield||0.68 (4.32%)|
|1y Target Est||19.32|
The big shareholder groups in KeyCorp (NYSE:KEY) have power over the company. Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. Companies that use...
KeyBank N.A. has set an official opening date for its new branch on Buffalo’s East Side. It will be the second bank branch to open on the city’s East Side this year, following Northwest Bank, which opened its Jefferson Avenue office in January. “There are a lot of transformative things happening on the East Side and we’re really thrilled to be part of it,” spokesperson Matthew Pitts said.
1Q19 results included a net impact of $.02 per common share from notable items related to efficiency initiative expenses Positive momentum in core businesses: solid growth in loans and deposits from the ...
KeyBank has chosen Boulder to build out its first "tellerless" bank branch from scratch. One day, clients will never come into a branch to just perform a transaction,” Michael Walters, KeyBank’s senior vice president for small business, mortgage and retail banking in Colorado, said. Out of the 60 KeyBank branches in Colorado, 20 have already transitioned to the tellerless branch model.
While decent loan growth and higher rates are likely to aid KeyCorp's (KEY) NII growth during the first quarter, muted fee revenue growth might hurt results to some extent.
Weak investment banking performance and dismal trading will likely hurt BofA's (BAC) Q1 earnings to an extent, while higher interest rates and decent loan growth will offer some support.
A slowdown with a silver lining? That’s how Franklin Sciortino, director of the U.S. Small Business Administration’s Buffalo District Office, sees the double-digit decline in SBA loans approvals for the first six months of federal fiscal year 2019. Sciortino said it’s a sign of a strong economy.
KeyCorp (KEY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Banking stocks rallied on subdued investors' concerns regarding global economy growth and easing regulations.
KeyBank this week closed on an acquisition of a New York-based digital lending business. Laurel Road, based in New York City, built and launched in 2013 a student loan refinancing platform that has rapidly grown to total more than $4 billion in loan originations, according to a release. "The digital platform offers a simple and personalized process with attractive refinancing options, providing customers with potentially meaningful savings over the life of their loans," states a media release.
CLEVELAND, April 3, 2019 /PRNewswire/ -- KeyBank National Association today announced that it has successfully completed the acquisition of Laurel Road Bank's digital lending business. The acquisition underpins KeyBank's strategic growth efforts, by enhancing its digital capabilities through customized, end-to-end lending products.
A group of 10 banks and foundations in Western New York have created a pooled fund totaling $8.07 million to support economic development on Buffalo's East Side.
Total loans approved through the SBA's 7(a) lending program and the dollar volume of those loans continue to lag year-ago numbers.
At Insider Monkey we track the activity of some of the best-performing hedge funds like Appaloosa Management, Baupost, and Tiger Global because we determined that some of the stocks that they are collectively bullish on can help us generate returns above the broader indices. Out of thousands of stocks that hedge funds invest in, small-caps […]
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of KeyCorp and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
Effective March 25, Buffalo native Kevin Quinn is no longer managing director and head of corporate banking at HSBC Bank USA N.A. in Buffalo.
Investors need to be prepared for more days like this, Jim Cramer warned his Mad Money viewers Wednesday. The IPO cycle is playing out just as Cramer had feared, and we're only just getting started. Cramer explained that this week's debut of ride-sharing service Lyft is creating a frenzy among institutional investors, all clamoring for a slice of the $2.2 billion deal that's already seeing share prices rise beyond expectations.
It's the lightning round, so you can't wax all that philosophic, but you could read the answer on my face: total dismay and a wish that I didn't really have it in the portfolio and didn't want to have to justify the stock. Except that the "book," the book that we were all taught to understand through years and years of training, says that if you believe that the book value is scrubbed clean, if you believe that, in truth, there is that much cash on hand, then you would be NUTS to sell it because you will eventually be rewarded with a higher price. Now Citigroup is particularly inexpensive, trading at about a three dollar discount to the price it would be if they just closed the doors.