|Bid||18.30 x 500|
|Ask||18.74 x 200|
|Day's Range||18.43 - 18.67|
|52 Week Range||13.20 - 19.53|
|PE Ratio (TTM)||18.32|
|Earnings Date||Jan 17, 2018 - Jan 22, 2018|
|Forward Dividend & Yield||0.38 (2.06%)|
|1y Target Est||20.71|
KeyCorp reported a lower-than-expected quarterly profit on higher costs and tightened the range of its full-year loan growth forecast, sending its shares down 5 percent. "That's lower than we originally expected at the beginning of the year but reflective of the environment and consistent with our moderate risk profile," Chief Executive Beth Mooney said on a conference call. U.S. lenders have been facing sluggish loan growth as interest rates come off their historic lows, increasing the cost of borrowing.
The bank, based in Cleveland, said it had earnings of 32 cents per share. Earnings, adjusted for one-time gains and costs, came to 35 cents per share. The results met Wall Street expectations. The average ...
3Q17 results included a net impact of $.03 per common share related to merger-related charges and a merchant services gain adjustment 3Q17 results reflected year-over-year positive operating leverage, ...
SAN FRANCISCO, Oct. 17, 2017 /PRNewswire/ -- KeyBanc Capital Markets Inc. (KBCM), the corporate and investment banking unit of KeyCorp (KEY), today released results from its Technology Group's 8th annual Private SaaS Company Survey (formerly known as the Pacific Crest Securities Private SaaS Company Survey), the yardstick by which the cloud software industry measures financial and operating performance. While findings show very strong growth for private Software-as-a-Service (SaaS) companies as a whole (47 percent median growth rate), many of the companies are still early in their development.
KeyCorp's (KEY) Q3 earnings are expected to be adversely impacted by a fall in net interest income while a modest increase in fee income and lower costs will likely act as tailwinds.
CLEVELAND, Oct. 16, 2017 /PRNewswire/ -- KeyCorp (KEY) announced today its launch of KeyNavigator™, a comprehensive digital treasury management platform that enables businesses to manage all their commercial banking services, accounts and activities in one place. The enhanced platform streamlines daily cash management activities and integrates with clients' business systems, allowing treasury professionals to make financial decisions quickly, easily and securely.
CLEVELAND , Oct. 12, 2017 /PRNewswire/ -- Key Private Bank, the wealth management division of KeyCorp (NYSE:KEY), today announced it has received the Wealth Management "Family Office – Client Initiative" ...
CLEVELAND, Oct. 11, 2017 /PRNewswire/ -- KeyBank today announced it ranked ninth in the nation for the Small Business Administration's (SBA) FY 2017. KeyBank's nationally ranked SBA loan program reflects its commitment to help clients and communities thrive by providing small business owners with valuable expertise and flexible financing solutions. "We believe the SBA Programs empower small business owners to launch, grow, expand or evolve their businesses.
The firm said it recapitalized Delphi Behavioral Health Group LLC, a provider of addiction and detox treatment programs.
CLEVELAND , Oct. 9, 2017 /PRNewswire/ -- KeyCorp (NYSE: KEY) announced today that Don Kimble , Chief Financial Officer, and Dennis Devine , Co-President of Key Community Bank will present at the BancAnalysts ...
Evercore ISI For third-quarter earnings, we favor KeyCorp and Wells Fargo among regional banks. KeyCorp realized its original $400 million of First Niagara-related cost savings as of June 30 (deal closed July 29, 20016), and expects to realize an incremental $50 million in cost savings over the remainder of 2017 and 2018.
Investors' optimism remained upbeat on rising Treasury yields and steady growth in the U.S. economy.
With an aim to expand healthcare advisory, KeyCorp's (KEY) corporate and investment banking unit, KeyBanc Capital, closes Cain Brothers' buyout.
CLEVELAND , Oct. 2, 2017 /PRNewswire/ -- KeyBanc Capital Markets Inc., the corporate and investment banking unit of KeyCorp (NYSE: KEY), announced today that it has closed its acquisition of Cain Brothers ...
Categories: Yahoo FinanceGet free summary analysis Our analysis is based on comparing KeyCorp with the following peers – Wells Fargo & Company, JPMorgan Chase & Co., Comerica Incorporated, Cullen/Frost Bankers, Inc., PNC Financial Services Group, Inc., WesBanco, Inc., Northrim BanCorp, Inc., Berkshire Hills Bancorp, Inc., Zions Bancorporation and SunTrust Banks, Inc. (WFC-US, JPM-US, CMA-US, CFR-US, PNC-US, WSBC-US, ... Read more (Read more...)