KeyCorp (NYSE:KEY) is one of the new stocks David Tepper has bought. As of December 29, the average price target for KEY ...
KeyCorp's shares increased by 4.1% on Wednesday after presenting solid Q2 earnings. The bank's Q2 net interest margin fell from 2.47% to 2.12% due to higher deposit costs, but it also saw deposit ...
Regional banks like KeyCorp have suffered valuation losses lately, presenting a buying opportunity ahead of the Q3 earnings season. KeyCorp is trading at 16% discount to book value and is making rapid ...
RBC Capital analyst Gerard Cassidy maintained a Buy rating on KeyCorp (KEY – Research Report) on January 19 and set a price target of $22.00. The company’s shares closed yesterday at $18.07. Cassidy ...
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What falling interest rates mean for KeyCorp's net interest income
KeyCorp KEY has been witnessing a volatile trend in its net interest income (NII) over the past few years. While the ...
Local bank stocks in the US have been among some of the most watched over the past few years. This is because of high interest rates, which offer banks the ability to make more money but also create ...
In a recent analyst note by Goldman Sachs, the outlook for several regional banks were evaluated. The banks examined include KeyCorp, M&T Bank Corp, among others. Volatility can create massive trading ...
The Bank of Nova Scotia is investing $2.8 billion in KeyCorp, a deal aimed at fixing the latter bank's profitability woes while enabling the Canadian lender to step into the U.S. consumer banking ...
KeyCorp.’s stock jumped 19% early Monday, after the regional bank said it agreed to sell a 14.9% stake in itself to The Bank of Nova Scotia for about $2.8 billion. The price for the KeyCorp stake of ...
KeyCorp has seen its stock fall about 40% this year. Since the start of the banking crisis in March, large and super regional bank stocks have been hit especially hard. The SPDR S&P Regional Banking ...
KeyCorp attributed the lower net interest income guidance to higher deposit costs. Banks may end up feeling more of the effects of the banking crisis in their second-quarter results. At a conference ...
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