KeyCorp (NYSE:KEY) 2026 Conference February 10, 2026 08:50 AM ET Company ParticipantsChris Gorman - Chairman and CEOConference Call ParticipantsEbrahim Poonawala - Equity Research AnalystEbrahim PoonawalaSo, for our first regional bank presentation, as has been tradition over the last few years, we have Chris Gorman, Chairman and CEO KeyCorp. So, Chris, thank you so much for joining us.Chris GormanSo, check, check. So it's great to be here, and we always appreciate kind of kicking off your conference. It's ...

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 ...

Core Insights - Regional banks are showing strong performance, with Huntington Bancshares reporting a 12% increase in average commercial loans from the prior quarter and a 21% increase year-over-year in Q4 2025 [2] - Huntington expects net interest income to rise between 10% and 13% to a record high in 2026, indicating positive economic sentiment among businesses [2] - Analysts suggest that regional bank stocks present a buying opportunity due to a rebound in loan growth, with firms like Citizens and UBS advocating for investment in this sector [5] Company Performance - Huntington Bancshares is focused on driving organic growth, entering 2026 with strong momentum and robust backlogs [3] - Fifth Third Bank reported the highest quarterly commercial loan production in over three years, attributed to investments in middle market sales and corporate banking [7] - KeyCorp's net interest income grew by 15% year-over-year in the fourth quarter, reflecting strong performance in the regional banking sector [7] Market Outlook - Regional banks are more sensitive to economic conditions and interest rates, providing insights into the comfort level of small- and medium-sized businesses regarding debt for expansion [3] - Morningstar forecasts a 3-4% growth in regional banks' net interest income, with potential for faster growth driven by commercial real estate and middle-market M&A activity [4]

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].