Fee income and NII growth are likely to have aided KEY's fourth-quarter 2024 earnings, while a rise in provisions and elevated expenses are likely to have hurt.
KeyCorp KEY will release earnings results for its fourth quarter, before the opening bell on Tuesday, Jan. 21, 2025.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for KeyCorp (KEY), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2024.
KeyCorp (KEY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Stanley Druckenmiller ran Duquesne Capital Management for 24 years, from 1986 to 2010.
Looking for some truly wowing profit growth from S&P 500 companies. A few are likely to knock your socks off.
KeyCorp (KEY) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
KEY and BNS complete the final tranche of equity investment in the former. This transaction will likely drive KeyCorp's NII in 2025.
Scotiabank (TSX:BNS) announced that it has finalized its acquisition of an additional ownership stake in KeyCorp (NYSE:KEY), solidifying its position as a significant shareholder in the US-based financial institution. The Toronto-based bank said that with regulatory approval from the Federal Reserve Board, Scotiabank (TSX:BNS) acquired approximately 10% pro-forma ownership through newly issued common shares at $17.17 per share, totaling $2 billion.
KeyCorp's Series I preferred shares are now rated a buy due to recent performance. Improved net interest spread and margin, along with increased interest income, highlight KeyCorp's financial gains. The bank's shift from external borrowing to depositor financing enhances earnings potential and reduces risks.
Analyst hails Fed's quicker-than-expected OK of the investment in KeyCorp from Bank of Nova Scotia as a good sign for more deal-making
The U.S. Federal Reserve said on Thursday it had approved an application by Scotiabank to buy up to 14.99% of the voting shares in U.S. regional lender KeyCorp , as the Canadian bank looks to boost its exposure to developed markets.