KEY Stock Recent News
KEY LATEST HEADLINES
KeyBank's exceptional client service recognized for the fifth time CLEVELAND , Feb. 7, 2025 /PRNewswire/ -- Key Private Bank, the wealth management division of KeyCorp (NYSE:KEY), was awarded for the best "Private Banking Client Service" at the Private Asset Management (PAM) Awards in New York City. For more than two decades, the PAM Awards have recognized high performing firms and wealth advisors operating within the private wealth industry.
CLEVELAND , Jan. 31, 2025 /PRNewswire/ -- KeyCorp (NYSE: KEY) announced today that Chris Gorman, Chairman and Chief Executive Officer, will speak at the Bank of America Securities 2025 Financial Services Conference on Tuesday, February 11, 2025, at 8:00 a.m. ET in Miami.
Year-long celebration will highlight the bank's 200-year history and show that yesterday, today, and tomorrow, Key will be here to serve clients and communities CLEVELAND , Jan. 28, 2025 /PRNewswire/ -- Today, KeyBank launched a year-long bicentennial celebration. Throughout 2025, Key will celebrate two centuries of service to clients, teammates, and communities.
KeyCorp posted solid Q4 earnings, driven by robust investment banking performance and higher net interest income, leading to an optimistic FY 2025 outlook. Despite a valuation recovery post-2023 crisis, KeyCorp remains a hold due to its premium to book value. The bank's trend in provisioning expenses is favorable and KeyCorp benefited from solid balance sheet quality.
KeyCorp KEY reported better-than-expected earnings for the fourth quarter on Tuesday.
In its fourth-quarter results released Tuesday (Jan. 21), financial institution KeyCorp, noted growth in its deposits. Management stated on a conference call with analysts that growth opportunities lie within embedded banking offerings.
KeyCorp (NYSE:KEY ) Q4 2024 Earnings Call Transcript January 21, 2025 8:00 AM ET Company Participants Brian Mauney - Director of IR Chris Gorman - Chairman and CEO Clark Khayat - CFO Conference Call Participants John Pancari - Evercore ISI Ebrahim Poonawala - Bank of America Merrill Lynch Bill Carcache - Wolfe Research Manan Gosalia - Morgan Stanley Matthew O'Connor - Deutsche Bank Mike Mayo - Wells Fargo Erika Najarian - UBS Brian Foran - Truist Thomas Leddy - RBC Operator Good morning, and welcome to KeyCorp's Fourth Quarter Earnings Conference Call. At this time, all participants are in a listen-only mode.
KEY's fourth-quarter results top estimates on higher NII & adjusted non-interest income alongside lower costs and provisions. Yet, weak asset quality is a woe.
While the top- and bottom-line numbers for KeyCorp (KEY) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
KeyCorp (KEY) came out with quarterly earnings of $0.38 per share, beating the Zacks Consensus Estimate of $0.33 per share. This compares to earnings of $0.25 per share a year ago.