The Zacks Analyst Blog Highlights: KeyCorp, SunTrust Banks, Fifth Third Bancorp, BB&T and Comerica
Zacks Equity Research - Zacks Investment Research - Mon Aug 01, 8:30AM CDT
The Zacks Analyst Blog Highlights: KeyCorp, SunTrust Banks, Fifth Third Bancorp, BB&T and Comerica
FITB: 18.58 (-0.20), BBT: 36.38 (-0.29), STI: 41.37 (-0.51), KEY: 11.45 (-0.03), CMA: 44.00 (-0.63)
Zacks Industry Outlook Highlights: M&T Bank, KeyCorp, Webster Financial, Bank of New York Mellon and BofI Holding
Zacks Equity Research - Zacks Investment Research - Mon Aug 01, 8:30AM CDT
Zacks Industry Outlook Highlights: M&T Bank, KeyCorp, Webster Financial, Bank of New York Mellon and BofI Holding
BOFI: 15.34 (-0.75), MTB: 112.00 (-0.78), KEY: 11.45 (-0.03), BK: 38.80 (-0.40), WBS: 35.75 (+0.08)
What Spells Trouble Ahead for U.S. Banks?
Kalyan Nandy - Zacks Investment Research - Fri Jul 29, 4:42PM CDT
What Spells Trouble Ahead for U.S. Banks?
BOFI: 15.34 (-0.75), WABC: 46.64 (-0.19), MTB: 112.00 (-0.78), WFC: 47.70 (-0.11), KEY: 11.45 (-0.03), BK: 38.80 (-0.40), WBS: 35.75 (+0.08)
KeyCorp Closes Acquisition Of First Niagara Financial Group
PR Newswire - Fri Jul 29, 3:15PM CDT
KeyCorp (NYSE: KEY) announced today that it has closed its acquisition of First Niagara Financial Group, Inc. (NASDAQ: FNFG) ("First Niagara"
FNFG: 10.18 (-0.02), KEY: 11.45 (-0.03)
Bank Stock Roundup: Q2 Earnings Coming to an End; KeyCorp, BB&T in Focus
Zacks Equity Research - Zacks Investment Research - Fri Jul 29, 10:26AM CDT
Over the last five trading days, we have seen the last phase earnings releases for the second quarter by U.S. banks.
FITB: 18.58 (-0.20), COF: 66.30 (-0.73), BBT: 36.38 (-0.29), JPM: 63.65 (-0.15), C: 42.99 (-0.43), STI: 41.37 (-0.51), WFC: 47.70 (-0.11), KEY: 11.45 (-0.03), PNC: 81.66 (-0.76), CMA: 44.00 (-0.63)
State Street (STT) Beats on Q2 Earnings as Expenses Fall
Zacks Equity Research - Zacks Investment Research - Wed Jul 27, 9:10AM CDT
Lower costs driven by a successful expense savings initiative led State Street's second-quarter 2016 operating earnings of $1.46 per share, which handily surpassed the Zacks Consensus Estimate of $1.26.
STT: 65.33 (-0.61), BBT: 36.38 (-0.29), KEY: 11.45 (-0.03), BK: 38.80 (-0.40)
New Strong Sell Stocks for July 27th
Zacks Equity Research - Zacks Investment Research - Wed Jul 27, 7:11AM CDT
Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List for Wednesday
TESS: 13.21 (-0.12), ALV: 103.25 (-2.60), AMC: 27.83 (-0.63), PRGX: 4.66 (unch), KEY: 11.45 (-0.03)
After Yesterday's Decline of 1.33%, Keycorp Offers Investors Better Value
Comtex SmarTrend(R) - Tue Jul 26, 12:57PM CDT
Keycorp (NYSE:KEY) traded in a range yesterday that spanned from a low of $11.44 to a high of $11.71. Yesterday, the shares fell 1.3%, which took the trading range below the 3-day low of $11.62 on volume of 14.8 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
KEY: 11.45 (-0.03)
Watch for Keycorp to Potentially Rebound After Falling 1.33% Yesterday
Comtex SmarTrend(R) - Tue Jul 26, 12:55PM CDT
Keycorp (NYSE:KEY) traded in a range yesterday that spanned from a low of $11.44 to a high of $11.71. Yesterday, the shares fell 1.3%, which took the trading range below the 3-day low of $11.62 on volume of 14.8 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
KEY: 11.45 (-0.03)
KeyCorp's (KEY) Q2 Earnings Miss on High Costs, Provisions
Zacks Equity Research - Zacks Investment Research - Tue Jul 26, 9:21AM CDT
In addition to a significant rise in provision for credit losses and operating expenses, a decline in non-interest income was there to dampen the results.
USB: 41.43 (-0.25), STI: 41.37 (-0.51), KEY: 11.45 (-0.03), CMA: 44.00 (-0.63)
Before Q2 Earnings Intensify, Sell These 3 Bank Stocks
Zacks Premium Research - Zacks Investment Research - Mon Jul 18, 3:51PM CDT
These banks are all sell-ranked, and they also stand to be less profitable because of the low interest rate environment which currently prevails.
KEY: 11.45 (-0.03), BKU: 29.26 (-0.33), BK: 38.80 (-0.40)
The Zacks Analyst Blog Highlights: JPMorgan Chase, Bank of the Ozarks, KeyCorp. and Citigroup
Zacks Equity Research - Zacks Investment Research - Mon Jul 18, 8:30AM CDT
The Zacks Analyst Blog Highlights: JPMorgan Chase, Bank of the Ozarks, KeyCorp. and Citigroup
JPM: 63.65 (-0.15), C: 42.99 (-0.43), KEY: 11.45 (-0.03), OZRK: 35.49 (-0.28)
Bank Stock Roundup: Q2 Earnings Season Kicks Off with JPMorgan Beat
Zacks Equity Research - Zacks Investment Research - Fri Jul 15, 2:05PM CDT
Due to the commencement of the Q2 earnings season, all eyes were on the banking sector over the last five trading sessions. JPMorgan proved analysts wrong by reporting an earnings beat on July 14.
RF: 8.90 (-0.12), COF: 66.30 (-0.73), BBT: 36.38 (-0.29), JPM: 63.65 (-0.15), C: 42.99 (-0.43), BAC: 14.13 (-0.20), KEY: 11.45 (-0.03), PNC: 81.66 (-0.76), BK: 38.80 (-0.40), CMA: 44.00 (-0.63), OZRK: 35.49 (-0.28)
KeyCorp Declares Quarterly Common Share Cash Dividend Of Eight And One Half Cents
PR Newswire - Wed Jul 13, 4:27PM CDT
KeyCorp (NYSE: KEY) announced today that its Board of Directors declared the following dividends for the third quarter of 2016:
KEY: 11.45 (-0.03)
KeyCorp's First Niagara Deal Gets Fed's Nod: What's Next?
Zacks Equity Research - Zacks Investment Research - Wed Jul 13, 6:22AM CDT
KeyCorp (KEY) announced the receipt of regulatory approval from the Federal Reserve for its proposed acquisition of First Niagara Financial Group Inc.
RY: 60.00 (-0.28), FNFG: 10.18 (-0.02), KEY: 11.45 (-0.03), CM: 74.46 (-0.51)
KeyCorp Receives Regulatory Approval For First Niagara Financial Group Merger
PR Newswire - Tue Jul 12, 3:20PM CDT
KeyCorp (NYSE: KEY) and First Niagara Financial Group, Inc. (NASDAQ: FNFG) ("First Niagara"
FNFG: 10.18 (-0.02), KEY: 11.45 (-0.03)
Upgrade Alert for Keycorp (KEY)
Comtex SmarTrend(R) - Tue Jul 12, 3:42AM CDT
Keycorp (NYSE:KEY) was upgraded from Market Perform to Outperform at FBR Capital today. The stock closed yesterday at $11.22 on volume of 11.2 million shares, below average daily volume of 12.8 million. KeyCorp is a financial services holding company. The Company provides a wide range of retail and commercial banking, commercial leasing, investment management, consumer finance and investment banking products and services to individual, corporate and institutional clients.
KEY: 11.45 (-0.03)
Look for Shares of Keycorp to Potentially Pullback after Yesterday's 1.31% Rise
Comtex SmarTrend(R) - Mon Jul 11, 1:39PM CDT
Keycorp (NYSE:KEY) traded in a range yesterday that spanned from a low of $11.17 to a high of $11.36. Yesterday, the shares gained 1.3%, which took the trading range above the 3-day high of $11.29 on volume of 7.4 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
KEY: 11.45 (-0.03)
Keycorp Rises 1.31% on Heavy Volume: Watch For Potential Pullback
Comtex SmarTrend(R) - Mon Jul 11, 1:38PM CDT
Keycorp (NYSE:KEY) traded in a range yesterday that spanned from a low of $11.17 to a high of $11.36. Yesterday, the shares gained 1.3%, which took the trading range above the 3-day high of $11.29 on volume of 7.4 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
KEY: 11.45 (-0.03)