
KeyCorp functions as the parent entity for KeyBank National Association, delivering a wide array of banking services to retail and business clients across the United States. Its operations are distinctly segmented into a Consumer Bank and a Commercial Bank. Targeting both individual consumers and small to medium-sized businesses, the corporation extends a comprehensive suite of services. These offerings include various deposit accounts, investment solutions, personal financial planning and wellness programs, student loan refinancing, mortgage and home equity products, general lending, credit…

KeyCorp delivered a decent Q2 report, beating earnings estimates with robust net interest income and expanding fee businesses. KeyCorp's fee-based growth strategy, including payments and investment services, has further support the bank's growth in the second-quarter. Shares offer an attractive 3.6% dividend yield and trade at a 1.43x price-to-book, with upside revaluation potential versus peers.

On CNBC's “Mad Money Lightning Round,” Jim Cramer said that although he likes Truist Financial Corporation (NYSE:TFC), he prefers KeyCorp (NYSE:KEY) to Truist.

California Public Employees Retirement System boosted its position in shares of KeyCorp (NYSE: KEY) by 4.7% during the undefined quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,766,616 shares of the financial services provider's stock after purchasing an additional 78,529 shares during the quarter.
Earnings Per Share (EPS): $0.44, up 26% year over year.Revenue Growth: 7% year over year.Pre-Provision Net Revenue Growth: 9% year over year.Net Interest Margi

KeyCorp made gains across its priority growth businesses of investment banking, commercial payments and wealth management in the second quarter, Chairman, CEO and President Chris Gorman said Tuesday (July 14).