KEY
NYSE · Banking
Keycorp
$22.73
+0.07 (+0.31%)
KEY News15 articles
Huntington's Valuation Gap Widens as Q4 Synergy Deadline Looms
Huntington Bancshares (HBAN) closed at $17.60, up 0.2%, but trades at a 14% tangible-book discount to peers. Q4 synergy execution is now the key catalyst.
Laramide Resources Unveils Strong Uranium Economics; Key Petroleum, Kaili Resources Rise
Laramide Resources (ASX: LAM) released a Preliminary Economic Assessment for Westmoreland showing strong returns. Key Petroleum and Kaili Resources also posted notable gains.
Huntington Bancshares Falls on Weak Interest Income, Merger Doubts
Huntington Bancshares shares fell 1.1% after net interest income missed expectations, leading to a Bank of America downgrade and raising questions about merger benefits.
Huntington Bancshares Slips 5% on Deposit Cost Pressure Despite Strong Organic Growth
Huntington Bancshares shares dropped 5.1% on Thursday as rising deposit costs and a declining net interest margin overshadowed strong organic deposit growth.
Zions Bancorporation Q2 Earnings Beat Estimates, But Equity Gains Skew Profit Picture
Zions Bancorporation (ZION) posted Q2 EPS of $3.05, driven by $1.31 in equity gains from Visa and small-business investments. Core EPS rose 10% to $1.74, beating analyst estimates. Shares slipped 2.5% in after-hours trading.
Apple Briefly Reclaims World's Most Valuable Company Title as AI Capex Concerns Shift Focus
Apple briefly reclaimed the world's most valuable company title during Friday's tech selloff, outperforming AI peers as investors rotate toward lower-capex AI exposure.
Micron Stock Plunges as China's CXMT IPO Looms Large
Micron shares slid 8.4%, erasing $94 billion in market value, amid concerns over China's CXMT IPO. The DRAM maker's valuation per market share point is 4.4 times that of CXMT.
Huntington Bancshares Surges on Heavy Volume, Regional Banking Outlook Brightens
Huntington Bancshares jumped 1.49% on double-average volume, outperforming regional peers. Q1 net income hit $523M, adjusted EPS 37ยข, and Cadence Bank integration wraps in Q2. Management to present at Morgan Stanley June 9.
Enbridge Shares Dip on Debt Restructuring and Falling Oil Prices
Enbridge shares fell Monday on a debt-exchange offer and lower oil prices. The company seeks noteholder consent by June 10 for swapping debentures. TC Energy and Pembina also traded lower.
KeyCorp Expands into Western Europe with Clearwater UK Acquisition
KeyCorp acquires Clearwater UK, marking its first Western Europe advisory platform. The deal, expected to close in late 2026, expands KeyBanc's M&A and debt advisory capabilities.
Mortgage Rates Inch Lower, Affordability Squeeze Persists for Spring Buyers
U.S. mortgage rates edged down slightly, with the 30-year fixed average at 6.43%. However, purchase applications declined and the median monthly payment rose, highlighting ongoing affordability challenges.
KeyBank Security Under Scrutiny Amid Ohio Robbery and Check Fraud Prevention
KeyBank's fraud controls are in focus following a robbery at an Ohio branch and a separate $5,000 check scam thwarted by its Positive Pay system, with KeyCorp set to report quarterly results.
KeyBank Executives Land Key Roles at ProMedica and in Alaska Market
Former KeyBank regional head Jim Hoffman assumes the chairmanship of ProMedica's board of trustees, following the health system's recent credit upgrade. Concurrently, KeyBank has elevated veteran banker Garet Plantz to oversee small business relationships in Alaska.
Huntington Bancshares Reaffirms 2026 Outlook Amid Stock Consolidation
Huntington Bancshares shares stabilized around $15.50 as management confirmed its 2026 financial guidance and projected $550 million in stock buybacks for that year, while anticipating significant cost savings from recent acquisitions.
Huntington Bancshares Shares Rebound on 2027 EPS Outlook and Merger Synergy Details
Huntington Bancshares stock rose 0.5% Wednesday, recovering from a prior sell-off, as investors assessed its 2027 EPS target of $1.90-$1.93 and $435M in projected annual cost synergies from recent acquisitions.