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Stock impact report

KeyCorp: Likely Fairly Valued [Seeking Alpha]

KeyCorp (KEY) 
Last keycorp earnings: 4/16 06:30 am Check Earnings Report
US:NYSE Investor Relations: investor.key.com
Company Research Source: Seeking Alpha
KEY's strong net interest income growth, driven by commercial loan expansion and favorable deposit mix changes, as well as higher fee earnings boosted the bank's results. Fee businesses, especially investment banking and trust services, posted double-digit growth, supporting diversified earnings momentum. Trading at 1.36X P/B, shares of the regional bank are priced 21% above its historical price-to-book ratio. Sebastien Mercier/iStock via Getty Images With the help of record-breaking profits in the bank's fee-generating businesses, KeyCorp ( KEY ) managed to easily exceed analyst expectations for its bottom and top line in the first fiscal quarter. KeyCorp also benefited from an expansion in its loan portfolio Show less Read more
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