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KEY / KeyCorp stock drops after missing earnings target and losing deposits

KeyCorp KEY, +2.40% stock fell 2.2% in premarket trades after the regional bank missed its first-quarter earnings target because of a build up in credit loss allowance and reported a drop in deposits. KeyCorp said its first-quarter net income fell to $275 million, or 30 cents a share, from $420 million, or 45 cents a share, in the year-ago quarter. Read More

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Posted: Apr 20 2023, 06:55

Author Name: Market Watch

KEY News

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KeyCorp (KEY) Gains on Q3 Earnings Beat, Declining Provisions

KeyCorp (KEY) records a decline in revenues and provisions in the third quarter of 2023.

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KeyCorp (KEY) Q3 Earnings and Revenues Top Estimates

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3 Dividend Growth Stocks With 6% to 8% Yields

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KeyCorp (KEY) Surpasses Market Returns: Some Facts Worth Knowing

In the closing of the recent trading day, KeyCorp (KEY) stood at $10.56, denoting a +0.96% change from the preceding trading day.

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KeyCorp: I Am Adding This 8.1% Yielding Regional Bank Gem Ahead Of Q3

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By Seeking Alpha
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KeyCorp: Good Bank, And Respectable Yield At Adequate Price

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