Goldman Sachs Reiterates Buy Rating on KeyCorp (KEY)
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/17/2026
- Reddit leads social media platforms in revenue growth per user
- L3Harris CEO steps down amid conduct review, shares drop
- Piper Sandler Starts SoFi Technologies (SOFI) at Overweight
- US considers new sanctions on Brazilian judge, FT reports
- Six dead in 'stampede-like' incident at India temple, ANI says
KEYCORP REPORTS THIRD QUARTER 2024 NET LOSS OF $(447) MILLION, OR $(.47) PER DILUTED COMMON SHARE, AND ADJUSTED NET INCOME OF $290 MILLION, OR $.30 PER DILUTED COMMON SHARE(a)
October 17, 2024 6:30 AM EDTReceived initial $821 million tranche of strategic minority investment from Scotiabank; Common Equity Tier 1 ratio of 10.8%Â and Tangible Common Equity ratio of 6.2%(b)
Net interest income up 7% quarter-over-quarter, with average deposits up 2.5%; Client deposits were up 4% year-over-year
Continued strong fee momentum across investment banking, commercial mortgage servicing, commercial payments, and wealth management
Nonperforming assets and provision for credit losses were stable to improved... More
