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KeyCorp: Several High Yield Options, I'm Avoiding All Of Them
Seeking Alpha· 2024-07-03 02:27
Earnings Presentation | --- | --- | --- | --- | --- | |---------------------------|---------------------------------------|--------|-----------------------------------|--------| | | Quarter to Quarter \nBenchmark \| KEY | | Year over Year \nBenchmark \| KEY | | | Loans and Leases, Changes | -0.31% | -2.48% | 2.27% | -8.64% | | Deposits, Changes | 0.44% | =0.93% | 1.90% | 0.06% | | Loan to Deposit | 69.70% | 75.12% | | | | ACL Ratio | 1.60% | 1.40% | | | Bank Financials & Weekly Commercial Banking Update Rep ...
KeyBank Surpasses $2 Million Funded in Home Buyer Credits, Helping 442 Clients Achieve the Dream of Homeownership
Prnewswire· 2024-07-01 13:07
Funding milestone illustrates KeyBank's commitment to making homeownership affordable and sustainable for all CLEVELAND, July 1, 2024 /PRNewswire/ -- Today, KeyBank announced that it has funded more than $2 million in KeyBank Home Buyer CreditsSMi, helping 442 clients achieve their dream of homeownership in areas where the program is available. This milestone is the latest KeyBank has achieved since launching this program in September 2022. KeyBank branch in Ithaca, NYKeyBank branch in Ithaca, NY The KeyBan ...
KEYBANK RANKS #17 ON FAIR360'S TOP COMPANIES FOR DIVERSITY
Prnewswire· 2024-05-23 13:00
About KeyCorp CLEVELAND, May 23, 2024 /PRNewswire/ -- KeyBank (NYSE:KEY) has earned 17th place on the 2024 Fair360 "Top 50 Companies for Diversity" list (formerly known as DiversityInc), improving 5 spots from #22 in 2023. This year's recognition marks the 15th time Key has been named a Top 50 Company for Diversity. "At KeyBank, we are committed to supporting diversity, equity, and inclusion, both within our organization and in the communities we serve," said Chris Gorman, Chairman and CEO, KeyCorp. "I am i ...
KEYCORP TO PRESENT AT THE BERNSTEIN ANNUAL STRATEGIC DECISIONS CONFERENCE
Prnewswire· 2024-05-22 12:30
CLEVELAND, May 22, 2024 /PRNewswire/ -- KeyCorp (NYSE: KEY) announced today that Chris Gorman, Chairman and Chief Executive Officer, will present at the Bernstein Annual Strategic Decisions Conference on Wednesday, May 29, 2024, at 4:30 p.m. ET in New York City. KeyCorp plans to review its performance, strategy, and outlook. The live audio webcast of the conference call will be available at www.key.com/ir. If you are unable to join the live conference call, or wish to hear a re- broadcast, access www.key.co ...
KeyCorp's (KEY) Restructuring Initiatives Aid Amid High Costs
zacks.com· 2024-05-21 16:56
KeyCorp (KEY) remains well-positioned for top-line growth on the back of opportunistic buyouts, restructuring initiatives, solid loans and deposit balances and higher rates, while funding costs weigh on it to some extent. Elevated expenses and weakening asset quality remain concerns. KEY's impressive loan growth has contributed to top-line expansion over the past several years. Though tax- equivalent (TE) revenues dipped in 2023 and in the first quarter of 2024, the metric experienced a compound annual grow ...
KeyBank Launches Virtual Account Management Solution for Treasury Clients
PYMNTS· 2024-05-07 20:32
Cleveland-based financial institution KeyBank has launched a virtual account management solution for treasury management clients.The new Key Virtual Account Management (KeyVAM) solution is designed for clients who have complex demand deposit account (DDA) structures and provides them with instant access to KeyBank commercial cash management bank accounts, KeyBank said in a Tuesday (May 7) press release.“In today’s fast-paced digital business environment, clients appreciate real-time information and the flex ...
KEYBANK LAUNCHES VIRTUAL ACCOUNT MANAGEMENT SERVICES POWERED BY QOLO'S TECHNOLOGY PLATFORM
Prnewswire· 2024-05-07 15:28
Innovative technology enables instant access to KeyBank commercial cash management bank accounts    CLEVELAND, May 7, 2024 /PRNewswire/ -- KeyBank (NYSE: KEY) announced the launch of KeyVAM, a virtual account management solution for treasury management clients who have complex demand deposit account (DDA) structures and want to streamline their cash-flow and account structure. KeyVAM is a technology-enabled cash management solution powered by Qolo, providing clients with the ability to manage multiple clie ...
KEYCORP ANNOUNCES 2025 QUARTERLY EARNINGS CONFERENCE CALL DATES
Prnewswire· 2024-05-07 12:30
CLEVELAND, May 7, 2024 /PRNewswire/ -- KeyCorp (NYSE: KEY) today announced plans to host conference calls to review quarterly financial results on the following dates: Fourth quarter 2024 – Tuesday, January 21st, 2025 at 8 a.m. ET First quarter 2025 – Thursday, April 17th, 2025 at 8 a.m. ET Second quarter 2025 – Tuesday, July 22nd, 2025 at 9 a.m. ET Third quarter 2025 – Thursday, October 16th, 2025 at 10 a.m. ET Fourth quarter 2025 – Tuesday, January 20th, 2026 at 8 a.m. ET The financial results are sched ...
KEY PRIVATE BANK WINS 'BEST REGIONAL PRIVATE BANK' AT THE 2024 FAMILY WEALTH REPORT AWARDS
Prnewswire· 2024-05-03 14:19
CLEVELAND, May 3, 2024 /PRNewswire/ -- Key Private Bank, the wealth management division of KeyCorp (NYSE:KEY), announced that it was awarded "Best Regional Private Bank" at the Eleventh Annual Family Wealth Report Awards (FWR).  Key Private Bank was selected for the "Best Regional Private Bank" from a finalist list of distinguished banks. The award recognizes industry-leading firms providing best-in-class services and innovative wealth management solutions to clients. This is the second time Key Private Ban ...
Keyp(KEY) - 2024 Q1 - Quarterly Report
2024-05-02 20:42
Table of contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-11302 KeyCorp Exact name of registrant as specified in its charter: Ohio 34-6542451 State or other jurisdiction of incorpo ...