The Global X SuperIncome Preferred ETF (SPFF) has lost 12% in price since my first "Sell" rating in 2022 and almost 5% since my latest one in November 2024. Distributions have kept total return in positive territory in both time frames, but they don’t offset inflation. This article renews my negative opinion with updated data. SPFF Strategy The ETF was launched on 07/16/2012 and tracks the Global X U.S. High Yield Preferred Index. It has 49 holdings, a 30-day SEC yield of 6.42%, and an expense ratio of 0.48 ...

The Global X SuperIncome Preferred ETF (SPFF) has lost 12% in price since my first "Sell" rating in 2022 and almost 5% since my latest one in November 2024. Distributions have kept total return in positive territory in both time frames, but they don’t offset inflation. This article renews my negative opinion with updated data. SPFF Strategy The ETF was launched on 07/16/2012 and tracks the Global X U.S. High Yield Preferred Index. It has 49 holdings, a 30-day SEC yield of 6.42%, and an expense ratio of 0.48 ...

Key insight: KeyCorp and Eastern Bankshares, which both say they are focused on organic growth, won't face proxy battles this spring from the activist investor HoldCo Asset Management.What's at stake: The threat of a proxy contest started last year, when HoldCo criticized both banks for allegedly overpaying for acquisitions and diluting shareholder value.Forward look: HoldCo warned Monday that it will continue to own shares in both banks and keep tabs on their boards to make sure they're protecting sharehol ...

Five-Person Team Led by Ward Nixon Brings National Family Office and Sponsor Finance Expertise; Strategic Investment Differentiates Commercial Bank's Integrated Platform CLEVELAND, Feb. 9, 2026 /PRNewswire/ -- KeyBank (NYSE: KEY) today announced a strategic expansion of its middle market capabilities with the addition of a five-person family office and private capital team led by Ward Nixon, who joins as Commercial Leader based in KeyBank's Overland Park, Kansas office. The hire reflects KeyBank's strategic ...

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 ...

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 ...

Key insight: Eastern Bankshares' CEO hardened his stance against future bank M&A deals. The comments came three months after activist investor HoldCo Asset Management criticized the bank's M&A strategy and urged it to consider selling itself.What's at stake: Like other banks that HoldCo has recently scrutinized, Eastern has backed away from the idea of doing more bank acquisitions and has said it's leaning into more share buyback activity.Forward look: Eastern executives said they expect to pursue another s ...

Vibecession? They’re not feeling it. Businesses that borrow from regional banks seem to think the economy’s just fine. Huntington Bancshares, the parent company of Ohio-based Huntington Bank, reported that its average commercial loans grew 12% from the prior quarter and 21% from a year ago during the last three months of 2025. The bank expects net interest income — the difference between how much money it generates from interest-bearing assets like loans, and how much it has to pay to depositors — to clim ...

Core Viewpoint - Huntington Bancshares reported disappointing Q4 2025 results, missing revenue and EPS estimates, which led to a 6.02% decline in stock price, raising concerns about future profitability due to higher expenses and credit provisions [1][4]. Financial Performance - The bank's revenue grew by 12% in Q4, but EPS decreased, falling short of analysts' expectations [4]. - The criticized asset ratio increased from 3.79% to 4.23% quarter over quarter, indicating rising credit concerns [4]. - Management anticipates a 10% rise in expenses for 2026 due to pending acquisitions, negatively impacting market sentiment [4]. Growth Prospects - Despite recent challenges, management projects positive growth in key areas: net interest income, loans, deposits, and fee revenue are expected to rise by 11.5%, 11.5%, 8.5%, and 14.5% at the midpoint, respectively [5]. - Full synergies from the Vertex acquisition are expected by Q2 and from the Cadence acquisition by Q4, suggesting potential for successful expansion into the Southern U.S. market [5]. Market Context - Trading volume for Huntington Bancshares reached 86.2 million shares, significantly above the three-month average of 28.4 million shares, indicating heightened investor interest or concern [2]. - The broader market saw the S&P 500 and Nasdaq Composite increase by 0.54% and 0.91%, respectively, while other regional banks like Fifth Third Bancorp and KeyCorp also faced declines [3].

Core Insights - Ally Financial's fourth-quarter 2025 adjusted earnings of $1.09 per share exceeded the Zacks Consensus Estimate of $1.01, marking a 39.7% increase from the previous year [1][8] - The company's net income attributable to common shareholders on a GAAP basis was $300 million, significantly up from $81 million in the prior-year quarter [2] - Total quarterly GAAP net revenues were $2.12 billion, a 4.8% increase year-over-year, although it slightly missed the Zacks Consensus Estimate of $2.13 billion [3] Financial Performance - Adjusted total revenues for the quarter were $2.17 billion, reflecting a 3.7% increase from the prior-year quarter [3] - Quarterly net financing revenues grew by 5.9% year-over-year to $1.60 billion, primarily due to lower interest expenses [4] - Total non-interest expenses decreased by 8.1% year-over-year to $1.25 billion, contributing to improved profitability [4][5] Loan and Deposit Growth - As of December 31, 2025, total net finance receivables and loans reached $134 billion, up 2.2% from the previous quarter [6] - Deposits also increased by 2.2% sequentially to $151.6 billion [6] Credit Quality - Non-performing loans decreased to $1.37 billion, down 8.1% year-over-year [7] - Net charge-offs were recorded at $452 million, a decline of 16.8% from the prior-year quarter [7] Capital Ratios - The total capital ratio improved to 13.6% from 13.2% in the prior-year period [9] - The tier 1 capital ratio increased to 11.7% from 11.3% as of December 31, 2024 [9] Strategic Outlook - The company's restructuring initiatives and balance sheet repositioning are expected to strengthen financials, although weak credit quality remains a near-term challenge [10]