KeyCorp Stock News

CLEVELAND , Nov. 22, 2024 /PRNewswire/ -- KeyCorp (NYSE: KEY) announced today that Chris Gorman, Chairman and Chief Executive Officer, will speak at the Goldman Sachs Financial Services Conference on Tuesday, December 10, 2024, at 11:20 a.m. ET in New York City.

CLEVELAND , Nov. 21, 2024 /PRNewswire/ -- KeyCorp (NYSE: KEY) announced today that its Board of Directors declared the following dividends for the fourth quarter of 2024: A cash dividend of $0.205 per share on the corporation's outstanding common shares (NYSE: KEY). The dividend is payable on December 13, 2024, to holders of record of such Common Shares as of the close of business on December 3...

KeyCorp shares have surged 55% in the past year, driven by solid underwriting, an equity investment, and hopes for easier regulations. The Scotiabank equity stake deal allows KeyCorp to reposition its securities portfolio, boosting net interest income and EPS despite a 5% share dilution. KeyCorp's deposits are up 4% year-over-year, improving liquidity and reducing reliance on wholesale funding,...

CLEVELAND , Nov. 19, 2024 /PRNewswire/ -- KeyBank (NYSE: KEY) announced an expansion of its commercial banking business in Chicago and Southern California to serve more middle market clients with their differentiated platform – which includes a full range of commercial lending and capital markets capabilities as well as payments solutions designed specifically for the segment. "Chicago and Sout...

Poll also found many are preparing for growth, including hiring CLEVELAND , Nov. 14, 2024 /PRNewswire/ -- With the election now behind us, many business owners are planning for 2025. A recent KeyBank Small Business Flash Poll found 61% of respondents indicated they were likely to seek clarity and hold off on major business decisions until after the election, while only 12% said the election wou...

The average bank yields 2.5%. This trio of banks all yield well north of that figure as November gets underway.

Long-term bond yields continue to rise. But investors looking for income can still find plenty of attractive opportunities with dividend-paying stocks that have healthy yields. “23 stocks pay huge dividends. They should be a better bet than treasuries.” —Barron's Weekly. In an interview with Barron's, Steven Wieting, strategist at Citi Wealth, stated a growing dividend is a shareholder benefit ...

CLEVELAND , Nov. 7, 2024 /PRNewswire/ -- KeyCorp (NYSE: KEY) and its banking affiliates have lowered their prime lending rate to 7.75 percent from 8.00 percent, effective tomorrow, Nov. 8, 2024. About KeyCorp KeyCorp's roots trace back nearly 200 years to Albany, New York.