Market Overview

UPDATE: KeyCorp Q4 Profit Rises 1.5%

Share:
Related KEY
Oppenheimer Offers Deep Technical Dive Into Financials, Says Goldman, JP Morgan, Morgan Stanley 'Top Buy Ideas'
KBW Slashes KeyCorp To Underperform, Cites Premium Valuation Unjustified
Is Bank of Ozarks (OZRK) a Rare Growth and Income Combo? - Analyst Blog (Zacks)

KeyCorp (NYSE: KEY) reported a 1.5% rise in its fourth-quarter profit.

KeyCorp's quarterly profit surged to $203 million, from $200 million, in the year-ago period. Its per-share earnings rose to $0.21 from $0.20.

Its total revenue climbed 9.8% to $1.07 billion. However, analysts were expecting a profit of $0.21 per share on revenue of $1.06 billion.

KeyCorp's noninterest expenses rose 5.4% to $756 million.

KeyCorp shares closed at $9.30 yesterday.

Posted-In: profitEarnings News

 

Related Articles (KEY)

Around the Web, We're Loving...

Get Benzinga's Newsletters