Date | Price Target | Rating | Analyst |
---|---|---|---|
7/8/2024 | $16.00 → $15.00 | Buy → Neutral | UBS |
1/9/2024 | $10.00 → $17.00 | Hold → Buy | Jefferies |
1/8/2024 | Mkt Perform | Raymond James | |
12/20/2023 | Equal-Weight → Overweight | Stephens | |
12/14/2023 | $12.00 → $16.00 | Overweight | Wells Fargo |
11/6/2023 | $12.50 → $15.00 | Mkt Perform → Outperform | Keefe Bruyette |
10/4/2023 | Underperform → Peer Perform | Wolfe Research | |
9/15/2023 | $12.00 → $13.50 | Neutral → Overweight | Piper Sandler |
While election uncertainty stalls business decisions, small business owners remain resilient for the year ahead. CLEVELAND, Sept. 17, 2024 /PRNewswire/ -- Election years often bring heightened uncertainty for business owners, who must navigate potential policy shifts that could significantly impact their operations. KeyBank's Fall 2024 Small Business Flash Poll found that more than three in five (61%) small business owners polled plan to delay making major business decisions until after election results come out, underscoring the significant impact the political environment can have on business strategy. As the political landscape evolves, many are anticipating new regulations, tax changes,
NEW YORK, Sept. 16, 2024 /PRNewswire/ -- KeyBanc Capital Markets Inc. ("KBCM"), the corporate and investment banking arm of KeyCorp (NYSE:KEY), announced today that Julie Andress, Managing Director, has been appointed to serve as the 2025 Board Chair for the Security Traders Association (STA). Founded in 1934, STA is a grassroots organization that educates its members on market structure issues while representing their interests with legislators, regulators and other industry associations. The organization is comprised of more than 20 affiliates in the U.S. and Canada. STA members represent individuals employed in the financial services industry across varying business models and they are c
CLEVELAND, Sept. 11, 2024 /PRNewswire/ -- KeyCorp (NYSE:KEY) announced a strategic relationship, which includes a minority investment, with Zentist, a leading cloud-based Insurance Revenue Cycle Management (RCM) software provider for Dental Support Organizations (DSOs) across the country. KeyBank will introduce Zentist's Remit AI software to its extensive network of DSOs, providing them with access to a transformative tool that enhances their dental insurance revenue cycle management operations. Remit AI streamlines dental insurance claims processing with features that include automated Explanation of Benefits (EOB) and Electronic Remittance Advice (ERA) delivery, automated remittance to ban
4 - KEYCORP /NEW/ (0000091576) (Issuer)
4 - KEYCORP /NEW/ (0000091576) (Issuer)
4 - KEYCORP /NEW/ (0000091576) (Issuer)
UBS downgraded KeyCorp from Buy to Neutral and set a new price target of $15.00 from $16.00 previously
Jefferies upgraded KeyCorp from Hold to Buy and set a new price target of $17.00 from $10.00 previously
Raymond James initiated coverage of KeyCorp with a rating of Mkt Perform
CLEVELAND, Feb. 26, 2024 /PRNewswire/ -- KeyCorp (NYSE:KEY) announced that Douglas M. Schosser, currently Chief Accounting Officer, will be leaving the company to pursue a senior executive position at another company, effective March 15, 2024. Stacy L. Gilbert will succeed him as KeyCorp's Chief Accounting Officer at that time. Stacy has served as Corporate Controller of KeyCorp since August 2023. She previously served as Assistant Corporate Controller and Senior Director of External Reporting and Accounting Policy. Stacy first joined Key in 2002, holding a variety of accounting roles, before leaving to join FirstMerit Corporation in 2008. She re-joined Key in 2016. "I would like to congratu
CLEVELAND, Jan. 10, 2024 /PRNewswire/ -- KeyCorp (NYSE:KEY) announced that Vernon Patterson, Director of Investor Relations, will retire in the spring of 2024, and will be succeeded by Brian Mauney, effective March 1. "Vern has made a lasting impact on the way Key shares its financial story to our shareholders, clients, and teammates over the course of his 30 years at the company," said Chris Gorman, Chairman and Chief Executive Officer, KeyCorp. "His leadership, wise counsel, and focus on building strong relationships with our investors and equity analysts have helped Key navigate both prosperous and challenging times over the years." "I am pleased to welcome Brian to Key as our Director of
Appoints Industry Veterans Thomas X. Geisel as CEO and Michael W. Harrington as CFO Republic First Bancorp, Inc. (NASDAQ:FRBK) ("Republic First" or the "Company"), the holding company for Republic First Bank d/b/a Republic Bank, today announced several leadership changes. Thomas ("Tom") X. Geisel has been appointed Chief Executive Officer and President, and as a member of the Board of Directors (the "Board"), effective immediately. Mr. Geisel has a diverse financial services background, including leadership experience growing regional banks for more than twenty years – most recently as President, Corporate Banking, at Webster Bank (formally known as Sterling National Bank). Additionally,
In a recent analyst note by Goldman Sachs, the outlook for several regional banks were evaluated based on their recent second-quarter 2024 earnings reports. Among the banks examined included KeyCorp (NYSE:KEY), M&T Bank Corp (NYSE:MTB), Regions Financial Corp (NYSE:RF), Truist Financial Corp (NYSE:TFC), U.S. Bancorp (NYSE:USB) and Zions Bancorporation NA (NASDAQ:ZION). Lead analyst Ryan Nash and team highlighted key metrics, growth projections and credit performances, offering a comprehensive analysis of each bank’s standing and market outlook. KeyCorp KeyCorp’s second-quarter 2024 EPS results were mixed. The bank saw a slight beat on fees and managed lower expenses, which offset a
RBC Capital analyst Robert Kwan maintains KeyCorp (NYSE:KEY) with a Outperform and raises the price target from $16 to $17.
DA Davidson analyst Peter Winter maintains KeyCorp (NYSE:KEY) with a Buy and raises the price target from $16 to $18.
CLEVELAND, Aug. 22, 2024 /PRNewswire/ -- KeyCorp (NYSE:KEY) announced today that Clark Khayat, Chief Financial Officer, will present at The Barclays Global Financial Services Conference on Monday, September 9, 2024, at 2:45 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.com/ir and select Events & Presentations. KeyCorp's roots trace back nearly 200 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation's largest bank-based financial service
Opportunistic capital raise on attractive terms Accelerates capital and earnings improvement; capital raise estimated to result in pro forma CET1 of 12.4% Further strengthens Key's capacity for growth CLEVELAND, Aug. 12, 2024 /PRNewswire/ -- KeyCorp (NYSE:KEY) today announced it has reached an agreement under which The Bank of Nova Scotia ("Scotiabank") (TSX:BNS) (NYSE:BNS) will make a strategic minority investment in KeyCorp of approximately $2.8 billion, representing approximately 14.9% pro forma common stock ownership, for a fixed price of $17.17 per share. "Scotiabank approached us with a unique opportunity to raise capital on attractive terms. While we continue to be comfortable with
Average deposits up $1.3 billion compared to the prior quarter and the second quarter of 2023, with client deposits up 5% year-over-year Disciplined expense management: expenses declined approximately 6% from the prior quarter and were stable versus the year-ago period Common Equity Tier 1 ratio rose 20 basis points to 10.5%(a) Credit quality remains solid: net charge-offs to average loans of 34 basis points CLEVELAND, July 18, 2024 /PRNewswire/ -- KeyCorp (NYSE:KEY) today announced net income from continuing operations attributable to Key common shareholders of $237 million, or $.25 per diluted common share, for the second quarter of 2024. Net income from continuing operations attributable
SC 13G/A - KEYCORP /NEW/ (0000091576) (Subject)
SC 13G/A - KEYCORP /NEW/ (0000091576) (Subject)
SC 13G/A - KEYCORP /NEW/ (0000091576) (Subject)
8-K - KEYCORP /NEW/ (0000091576) (Filer)
8-K - KEYCORP /NEW/ (0000091576) (Filer)
8-K - KEYCORP /NEW/ (0000091576) (Filer)