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KEY / Why I Sold KeyCorp's 7.4% Yielding Series E Preferred Shares

Why I Sold KeyCorp's 7.4% Yielding Series E Preferred Shares
Recently, I reviewed KeyCorp's first quarter financials to check on my long position in the company's Series E Preferred shares. The bank has a large balance of uninsured deposits, high leverage, and a thin proportion of cash on hand to deposits. Based on my review of the bank's financials, I opted to sell my holdings. Read More
Posted: May 31 2023, 10:11
Author Name: Seeking Alpha
Views: 110646

KEY News  

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

By Zacks Investment Research
October 19, 2023

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

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

KeyCorp (KEY) Q3 Earnings and Revenues Top Estimates

By Zacks Investment Research
October 19, 2023

KeyCorp (KEY) Q3 Earnings and Revenues Top Estimates

KeyCorp (KEY) came out with quarterly earnings of $0.29 per share, beating the Zacks Consensus Estimate of $0.27 per share. This compares to earnings more_horizontal

Lower NII to Hurt KeyCorp (KEY) Q3 Earnings, Fee Income to Aid

By Zacks Investment Research
October 18, 2023

Lower NII to Hurt KeyCorp (KEY) Q3 Earnings, Fee Income to Aid

Waning loan demand, rising funding costs and higher credit costs are expected to have affected KeyCorp's (KEY) Q3 earnings, while fee income is likely more_horizontal

3 Dividend Growth Stocks With 6% to 8% Yields

By MarketBeat
October 17, 2023

3 Dividend Growth Stocks With 6% to 8% Yields

Geopolitical turmoil in Ukraine and Israel. J.P. Morgan CEO Jamie Dimon's stark warning about not only military conflict but also the burgeoning natio more_horizontal

KeyCorp (KEY) Declines More Than Market: Some Information for Investors

By Zacks Investment Research
October 13, 2023

KeyCorp (KEY) Declines More Than Market: Some Information for Investors

KeyCorp (KEY) closed the most recent trading day at $10.46, moving -0.57% from the previous trading session. more_horizontal

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

By Zacks Investment Research
October 11, 2023

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. more_horizontal

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

By Seeking Alpha
October 4, 2023

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

Regional banks like KeyCorp have suffered valuation losses lately, presenting a buying opportunity ahead of the Q3 earnings season. KeyCorp is trading more_horizontal

KeyCorp: Good Bank, And Respectable Yield At Adequate Price

By Seeking Alpha
September 26, 2023

KeyCorp: Good Bank, And Respectable Yield At Adequate Price

KeyCorp is a pillar of the Midwest economy with a vast network of retail branches and ATMs. The bank's loan portfolio is well diversified and holds a more_horizontal


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