Is KeyCorp (NYSE:KEY) A Top Local Bank Stock? [Yahoo! Finance]
KeyCorp (KEY)
Last keycorp earnings: 4/16 06:30 am
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Source: Yahoo! Finance
This is because of high interest rates, which offer banks the ability to make more money but also create risks of high costs and portfolio sustainability. Within this turmoil, local bank stock performance has been mixed. Year to date, the KBW Regional Banking Index has lost more than 7% while the Dow Jones U.S. Select Regional Banks Index gained 2%. So, we thought to look at 12 Best Local Bank Stocks to Invest in Now and in this piece we'll see if KeyCorp (NYSE:KEY) is a top local bank stock. KeyCorp (NYSE:KEY) KeyCorp (NYSE:KEY) is a Cleveland, Ohio based local bank. It is one of the largest such banks in the US as it employs more than sixteen thousand people. KeyCorp (NYSE:KEY) serves the needs of consumers and businesses by offering services such as debt instruments and loans. Taking A Look At KeyCorp (NYSE:KEY)'s Recent Performance KeyCorp (NYSE:KEY)'s first quarter of 2024 earnings report was a sight for sore eyes at least as far as annual growth is concerned. The bank re
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KEY
News
- KeyCorp (NYSE: KEY) had its price target lowered by analysts at JPMorgan Chase & Co. from $18.00 to $17.50. They now have a "neutral" rating on the stock.MarketBeat
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KEY
Earnings
- 4/18/24 - Miss
KEY
Sec Filings
- 5/15/24 - Form 4
- 5/15/24 - Form 4
- 5/15/24 - Form 4
- KEY's page on the SEC website