CLEVELAND, May 7, 2024 /PRNewswire/ -- KeyCorp (NYSE: KEY) today announced plans to host conference calls to review quarterly financial results on the following dates: Fourth quarter 2024 – Tuesday, January 21st, 2025 at 8 a.m. ET First quarter 2025 – Thursday, April 17th, 2025 at 8 a.m. ET Second quarter 2025 – Tuesday, July 22nd, 2025 at 9 a.m. ET Third quarter 2025 – Thursday, October 16th, 2025 at 10 a.m. ET Fourth quarter 2025 – Tuesday, January 20th, 2026 at 8 a.m. ET The financial results are sched ...

CLEVELAND, May 3, 2024 /PRNewswire/ -- Key Private Bank, the wealth management division of KeyCorp (NYSE:KEY), announced that it was awarded "Best Regional Private Bank" at the Eleventh Annual Family Wealth Report Awards (FWR).  Key Private Bank was selected for the "Best Regional Private Bank" from a finalist list of distinguished banks. The award recognizes industry-leading firms providing best-in-class services and innovative wealth management solutions to clients. This is the second time Key Private Ban ...

Table of contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-11302 KeyCorp Exact name of registrant as specified in its charter: Ohio 34-6542451 127 Public Square, Cleveland, Ohio 441 ...

Confidence among small business owners could be one of the first indicators of economic resiliency in the U.S. CLEVELAND, May 2, 2024 /PRNewswire/ -- Often the first to feel the effects of inflation and economic volatility, small business owners are optimistic about their businesses, even as economic challenges remain. KeyBank's 2024 Small Business Survey found that 65% of small business owners feel confident they could fund their operating expenses for one month with their cash reserves, if an unexpected n ...

jetcityimage KeyCorp (NYSE:KEY) submitted a mixed earnings sheet for the first fiscal quarter last week that showed a large drop in net interest income, but also solid credit quality. Importantly, I believe the recent inflation report -- which reflected a 3.5% increase in consumer prices in the month of March -- creates a favorable backdrop for banks in the short term. However, we are at the brink of cuts to the federal fund rate in FY 2024 which is set to result in even steeper drop-offs to the bank's ...

Liquidity continues to dominate Q1 earnings season for banking. Saying his company can finally “play offense,” Cleveland-based KeyBank CEO Chris Gorman presented a solid balance sheet and a cautious take on the economic tailwinds for the balance of 2024.“While it’s still early in the year, we are on pace to deliver against the commitments that we detailed at the beginning of this year,” Gorman said in the Thursday (April 18) earnings report. “Key is back to playing offense and I remain excited about our fut ...

KeyCorp (NYSE:KEY) Q1 2024 Earnings Conference Call April 18, 2024 9:00 AM ET Company Participants Brian Mauney – Director-Investor Relations Chris Gorman – Chairman and Chief Executive Officer Clark Khayat – Chief Financial Officer Conference Call Participants Ken Usdin – Jefferies John Pancari – Evercore Scott Siefers – Piper Sandler Manan Gosalia – Morgan Stanley Ebrahim Poonawala – Bank of America Mike Mayo – Wells Fargo Securities Gerard Cassidy – RBC Capital Markets Peter Winter – D.A. Davidson Janet ...

KeyCorp (KEY) reported $1.52 billion in revenue for the quarter ended March 2024, representing a year-over-year decline of 10.8%. EPS of $0.22 for the same period compares to $0.44 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $1.51 billion, representing a surprise of +0.78%. The company delivered an EPS surprise of -4.35%, with the consensus EPS estimate being $0.23.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street exp ...

KeyCorp’s (KEY) first-quarter 2024 adjusted earnings from continuing operations of 22 cents per share missed the Zacks Consensus Estimate by a penny. The bottom line compared unfavorably with 30 cents earned in the prior-year quarter.The stock lost more than 1% in pre-market trading on spread income weakness.Results were adversely impacted by lower net interest income (NII) and an increase in expenses. Further, higher deposit costs and lower average loan balance weighed on net interest margin (NIM) despite ...

Hedging Strategy | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |---------------|-------|-------|--------------------------------------|-------|-------------------------------|--------|-------|-------|---------------|-------|----------------------------------------------------------------------------------------------------------------|-------|-------|--------------------| | $ in billions | $9.0 | | 4Q22 – \n$9.0 | $9.0 | 1Q24 ALM Hedge Actions \n$8.0 | (1) \n | ...