KeyCorp (KEY) Q3 2024 Earnings Call Transcript
KeyCorp (NYSE:KEY ) Q3 2024 Earnings Conference Call October 17, 2024 9:00 AM ET Company Participants Brian Mauney - Director, IR Christopher Gorman - Chairman and CEO Clark H. I. Khayat - CFO Conference Call Participants Scott Siefers - Piper Sandler Mike Mayo - Wells Fargo Gerard Cassidy - RBC John Pancari - Evercore Nathan Stein - Deutsche Bank Zach Westerlind - UBS Manan Gosalia - Morgan Stanley Peter Winter - D.A.
Compared to Estimates, KeyCorp (KEY) Q3 Earnings: A Look at Key Metrics
Although the revenue and EPS for KeyCorp (KEY) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
KeyCorp (KEY) Q3 Earnings and Revenues Beat Estimates
KeyCorp (KEY) came out with quarterly earnings of $0.30 per share, beating the Zacks Consensus Estimate of $0.27 per share. This compares to earnings of $0.29 per share a year ago.
How To Earn $500 A Month From KeyCorp Stock Ahead Of Q3 Earnings
KeyCorp KEY will release earnings results for its third quarter before the opening bell on Thursday, Oct. 17.
Fee Income to Aid KeyCorp's Q3 Earnings, Higher Provisions to Hurt
Fee income and modest NII growth are likely to have aided KEY's third-quarter 2024 earnings, while a rise in provisions and high costs are likely to have hurt.
Curious about KeyCorp (KEY) Q3 Performance? Explore Wall Street Estimates for Key Metrics
Evaluate the expected performance of KeyCorp (KEY) for the quarter ended September 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Analysts Estimate KeyCorp (KEY) to Report a Decline in Earnings: What to Look Out for
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.
3 Top Banking Stocks to Buy in October
Despite Warren Buffett's move to sell Bank of America, these are three attractive bank stocks to look at in October.
Restructuring Efforts, Lower Rates to Boost KEY Amid Asset Quality Woes
KeyCorp remains well-placed for growth on balance sheet repositioning, minority stake by BNS and lower rates despite weak asset quality and rising expenses.
KeyCorp: A Loan-Driven Regional Bank With 5% Dividend Yield & Strong Capitalization
KeyCorp gets its prior Hold rating from Nov. 2023 reaffirmed. Despite a high debt-to-equity ratio compared to peers, KeyCorp maintains healthy regulatory capital and has a diversified loan portfolio with minimal CRE exposure. Q2 earnings were impacted by higher interest costs and lower loan growth.
KeyCorp to Incur $700M Loss in Q3 on Balance Sheet Repositioning
KEY sells low-yielding securities worth $7 billion. This strategic balance sheet repositioning will likely result in a one-time loss of $700 million in Q3.
Keep an Eye on 3 S&P 500 Bank Stocks With Biggest Weekly Declines
The S&P 500 Index sees the worst weekly declines, and bank stocks are not untouched. Investors must keep KEY, WFC & USB stocks on the radar.
