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KEY FAMILY WEALTH WINS 'BEST EDUCATIONAL INITIATIVE' AWARD AT THE 2026 PRIVATE ASSET MANAGEMENT AWARDS
Prnewswire· 2026-02-06 15:40
Award recognizes comprehensive education platform featuring 48 bespoke experiences and 77 milestone engagements delivered over past year The platform includes Family Milestone Experiences that create structured opportunities for intergenerational dialogue, Family Alignment Days where families explore their purpose and legacy, and Family Journey experiences where families record their heritage and values. About Key Family Wealth Key Family Wealth, the multi-family office division of Key Private Bank, is one ...
Are Wall Street Analysts Bullish on KeyCorp Stock?
Yahoo Finance· 2026-02-02 09:14
Based in Cleveland, Ohio, KeyCorp (KEY) runs a diversified banking franchise with a national footprint. Valued at roughly $23.5 billion, the bank spans retail, commercial, and institutional finance, offering deposits, lending, wealth management, capital markets, advisory, payments, treasury, and trust services to clients of every size. That breadth has translated into tangible shareholder gains. Over the past 52 weeks, KEY stock delivered a 19.4% return, decisively outpacing the S&P 500 Index's ($SPX) 14 ...
KeyCorp: Strong NII, $1.2B Stock Buyback, Not Cheap (NYSE:KEY)
Seeking Alpha· 2026-01-26 18:56
Core Insights - The article does not provide specific insights or analysis regarding any companies or industries, focusing instead on disclaimers and disclosures related to the author's position and compensation [1][2] Summary by Categories - **Company Analysis**: No specific company analysis or performance data is presented in the article [1][2] - **Industry Trends**: The article does not discuss any industry trends or market conditions [1][2] - **Financial Performance**: There are no financial performance metrics or data included in the article [1][2]
KeyCorp names new lead independent director
Yahoo Finance· 2026-01-21 12:19
This story was originally published on Banking Dive. To receive daily news and insights, subscribe to our free daily Banking Dive newsletter. KeyCorp said Tuesday it will make several changes to its board, roughly six weeks after an activist investor criticized its performance and called for CEO Chris Gorman’s firing. KeyCorp appointed Dollar General CEO Todd Vasos as the bank’s lead independent director and said directors Carlton Highsmith and Ruth Ann Gillis will retire at the bank’s annual meeting on M ...
KeyCorp's Doing Well, But It's Not Enough
Seeking Alpha· 2026-01-21 11:58
Core Insights - Crude Value Insights provides an investment service and community focused on the oil and natural gas sectors, emphasizing cash flow and the companies that generate it [1] - The service aims to identify value and growth prospects with real potential for investors [1] - Subscribers benefit from a model account featuring over 50 stocks, detailed cash flow analyses of exploration and production (E&P) firms, and live discussions about the sector [1] Subscription Offer - A two-week free trial is available for new subscribers, allowing them to explore the oil and gas investment opportunities [2]
KeyCorp's (NYSE:KEY) Financial Performance Surpasses Estimates
Financial Modeling Prep· 2026-01-20 23:00
Core Viewpoint - KeyCorp reported strong financial performance with earnings per share (EPS) of $0.43, exceeding estimates, but faced stock decline due to increased provisions for credit losses and broader market trends [2][3][5] Financial Performance - KeyCorp's EPS was $0.43, surpassing the estimated $0.38, marking a 7.9% increase year-over-year [2] - The company's revenue reached approximately $2.01 billion, exceeding the estimated $1.97 billion, driven by higher net interest income and average loan growth [2][5] Market Reaction - Despite positive earnings, KeyCorp's stock declined over 2% in early-market trading due to a significant rise in provisions for credit losses, which increased to $108 million [3][5] - Bearish trends in the broader market also contributed to the stock's decline [3] Valuation Metrics - KeyCorp has a price-to-earnings (P/E) ratio of approximately 12.54, indicating market valuation of its earnings [4] - The price-to-sales ratio stands at about 2.05, reflecting market valuation of its revenue [4] - The debt-to-equity ratio is 0.54, suggesting a moderate level of debt relative to equity, while a current ratio of 38.17 indicates a strong liquidity position [4]
KeyCorp Delivers Earnings Beat on Strong Net Interest Income and Investment Banking Fees
Financial Modeling Prep· 2026-01-20 21:18
Core Viewpoint - KeyCorp reported strong fourth-quarter earnings, exceeding analyst expectations due to increased net interest income and robust investment banking activity [1][2]. Financial Performance - Net income from continuing operations attributable to common shareholders was $474 million, or $0.43 per diluted share, surpassing analyst estimates of $0.39 [1]. - Revenue for the quarter reached $2.0 billion, exceeding the consensus forecast of $1.96 billion [1]. - For the full year, revenue hit a record $7.5 billion, reflecting a 16% year-over-year increase when adjusted for selected items [2]. Key Metrics - There was a 3% sequential increase in net interest income and a 7 basis point improvement in net interest margin to 2.82% [2]. - Investment banking and debt placement fees rose 33% quarter over quarter to $243 million [2]. - Noninterest income increased 11.4% sequentially to $782 million, while nonperforming assets declined 6% from the prior quarter [2]. Capital Management - KeyCorp maintained strong capital levels, reporting a Common Equity Tier 1 ratio of 11.7% [3]. - The bank repurchased $200 million of common stock during the quarter while maintaining peer-leading capital ratios [3].
KeyCorp2025年第四季度财报电话会议要点:强劲营收增长与战略投资
Xin Lang Cai Jing· 2026-01-20 20:52
KeyCorp (KEY)周二尾盘下跌0.8%。该公司2025年第四季度财报电话会议要点:强劲营收增长与战 略投资。 责任编辑:张俊 SF065 KeyCorp (KEY)周二尾盘下跌0.8%。该公司2025年第四季度财报电话会议要点:强劲营收增长与战 略投资。 责任编辑:张俊 SF065 ...
KEY Q4 Earnings Beat as NII Jumps, Stock Down on Rise in Provisions
ZACKS· 2026-01-20 15:35
Core Insights - KeyCorp's fourth-quarter 2025 adjusted earnings per share from continuing operations were 41 cents, exceeding the Zacks Consensus Estimate of 38 cents, reflecting a 7.9% increase from the prior-year quarter [1][9] - Despite better-than-expected results, KeyCorp's shares fell over 2% in early trading due to bearish market trends and a significant rise in provisions [1] Financial Performance - The quarterly results were bolstered by higher net interest income (NII) and non-interest income, alongside an increase in average loans and deposits [2] - Total revenues for the fourth quarter reached $2 billion, a 12.5% year-over-year increase, surpassing the Zacks Consensus Estimate of $1.94 billion [4] - For the full year 2025, total revenues were $7.51 billion, up 16.4% from the previous year, also exceeding the consensus estimate of $7.43 billion [4] Income and Expenses - NII on a taxable-equivalent basis rose 15.3% year over year to $1.22 billion, with the net interest margin expanding 41 basis points to 2.82% [5] - Adjusted non-interest income increased by 8.3% to $782 million, driven by higher investment banking and corporate services income [6] - Non-interest expenses rose nearly 1% to $1.24 billion, with adjusted expenses increasing 2.4% to $1.26 billion [6] Loan and Deposit Growth - Average total loans were $106.32 billion, showing a slight increase from the previous quarter, while average total deposits were $150.71 billion, also up marginally [7] Credit Quality - Provisions for credit losses surged to $108 million from $39 million in the prior-year quarter, impacting investor sentiment despite solid earnings [8][9] - Net loan charge-offs as a percentage of average total loans decreased by 4 basis points year over year to 0.39%, and non-performing assets as a percentage of the portfolio declined by 15 basis points to 0.59% [10] Capital Ratios - KeyCorp's tangible common equity to tangible assets ratio improved to 8.4% as of December 31, 2025, up from 7% in the same period of 2024 [11] - The Tier 1 risk-based capital ratio was 13.4%, down from 13.7%, while the Common Equity Tier 1 ratio decreased to 11.7% from 11.9% [11] Share Repurchases - During the reported quarter, KeyCorp repurchased shares worth $200 million [12] Strategic Outlook - The company is expected to benefit from decent loan balances, balance sheet repositioning efforts, and stabilizing funding costs, although weak asset quality remains a concern [13]
KeyCorp Q4 Earnings Call Highlights
Yahoo Finance· 2026-01-20 15:25
Core Insights - KeyCorp reported strong financial performance in Q4 2025, with earnings of $0.43 per share and revenue exceeding $2 billion, reflecting a 12% year-over-year growth on an adjusted basis [3][7] - The company emphasized improved profitability, credit trends, and a capital return plan, with plans for significant share buybacks in 2026 [4][5] Financial Performance - Non-interest income increased by 8% year-over-year, with investment banking and debt placement fees rising to $243 million, a 10% increase [1] - Tax-equivalent net interest income rose 15% year-over-year, with a net interest margin (NIM) of 2.82%, exceeding the target range [2] - Total revenue for the year increased by 16%, with net interest income growing 23% and fees up 7.5% [8] Capital Management - KeyCorp repurchased $200 million in Q4 and plans to repurchase at least $1.2 billion in 2026, managing CET1 toward the high end of its 9.5%–10% target [5][13] - The CET1 ratio was reported at 11.7% on a reported basis, with plans for continued capital generation to support buybacks [14] Credit Quality - Provision for credit losses was $108 million in Q4, with a net charge-off ratio of 39 basis points, indicating improving asset quality [6][9] - Non-performing assets decreased by 6% sequentially, and criticized loans fell by $500 million [9] Strategic Focus - The company is focusing on middle market and payments, investment banking, and wealth management, with increased investments in technology and AI [14] - KeyCorp is not pursuing bank acquisitions but is interested in complementary fee-based acquisitions [16] Board Changes - KeyCorp announced significant board changes, including new nominations and retirements, indicating a shift in governance [17]