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KeyCorp Value Stock - Dividend - Research Selection

Keycorp

ISIN: US4932671088 , WKN: 869353

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Description of the company

KeyCorp operates as the holding company for KeyBank National Association that provides various retail and commercial banking services in the United States. The company\'s Key Community Bank segment offers various deposit and investment products, personal finance services, residential mortgages, home equity loans, credit cards, and installment loans, as well as personal property and casualty insurance, such as home, auto, renters, watercraft, and umbrella insurance for individuals. It also purchases retail auto sales contracts through a network of auto dealership; offers financial, estate and retirement planning, asset management, and trust services, as well as portfolio management, life insurance, charitable giving, and related services for high-net-worth clients. In addition, this segment provides deposits, investment and credit products, and business advisory services to small businesses; and commercial lending, cash management, equipment leasing, investment, and commercial property and casualty insurance products, as well as employee benefit programs, succession planning, capital market access, derivatives, and foreign exchange services to mid-sized businesses. Its Key Corporate Bank segment offers a suite of banking and capital market products, such as syndicated finance, debt and equity capital market products, commercial payments, equipment finance, commercial mortgage banking, derivatives, foreign exchange, financial advisory, and public finance, as well as commercial mortgage loans for middle market clients comprising consumer, energy, healthcare, industrial, public, real estate, and technology sectors. As of December 31, 2017, the company offered its products and services through 1,197 retail banking branches and 1,572 automated teller machines in 15 states, as well as additional offices, online and mobile banking capabilities, and a telephone banking call center. KeyCorp was founded in 1849 and is headquartered in Cleveland, Ohio.

The Finanzoo GmbH assumes no liability for the accuracy of the information! All information is provided without warranty. Sources:: www.bundesanzeiger.de, www.sec.gov,


NEWS


Partners Focused on Growth As KeyBank Delavan-Grider Farmers Market Moves Toward 4th Year

2024-12-30
NORTHAMPTON, MA / ACCESSWIRE / December 30, 2024 / KeyBankEffort focused on food insecurity in East Buffalo has grown and partners are looking to deepen the market's presence in the neighborhood Since the movie "Field of Dreams" premiered in 1989, ...

Scotiabank concludes $2bn stake acquisition in KeyCorp

2024-12-30
The second phase of investment involved purchasing an additional 10% stake in KeyCorp.

KeyCorp-Scotiabank Deal Closes, to Support KEY's NII Expansion in 2025

2024-12-30
KEY and BNS complete the final tranche of equity investment in the former. This transaction will likely drive KeyCorp's NII in 2025.

Top Midday Decliners

2024-12-27
180 Life Sciences (ATNF) priced a $2.9 million at-the-market direct offering of stock and warrants a

Scotiabank Closes Additional Investment in KeyCorp

2024-12-27
Bank of Nova Scotia (BNS.TO) said Friday that it completed its acquisition of an additional 10% pro-

KEYCORP AND SCOTIABANK COMPLETE STRATEGIC MINORITY INVESTMENT

2024-12-27
KeyCorp (NYSE: KEY) today announced that The Bank of Nova Scotia ("Scotiabank") has completed its purchase of KeyCorp's common stock with an investment of approximately $2.0 billion, as expected. With this investment, Scotiabank (TSX: BNS) (NYSE: BNS) now owns approximately 14.9% of KeyCorp's common stock. The parties received Federal Reserve approval for the transaction on December 12, 2024.

Scotiabank closes US$2.8B acquisition of KeyCorp stake

2024-12-27
TORONTO — Scotiabank says it has closed its two-part deal to buy a 14.9 per cent stake in U.S. bank KeyCorp for about US$2.8 billion.It says it closed the second part of the deal, buying a 10 per...

3 US Stocks Estimated To Be Up To 39.5% Below Intrinsic Value

2024-12-26
As the U.S. stock market experiences fluctuations with a stumbling Santa Claus rally and a downturn in major indices, investors are keenly observing opportunities amidst this volatility. In such an environment, identifying undervalued stocks can be pivotal, as these equities may offer potential value when their market price is significantly below their intrinsic worth.

KeyBank Foundation Donates $50,000 to McMahon Ryan Child Advocacy Center

2024-12-23
Funds will support efforts to prevent and intervene in child abuse as well as advocate for victims NORTHAMPTON, MA / ACCESSWIRE / December 23, 2024 / The KeyBank Foundation is donating $50,000 to support the McMahon Ryan Child Advocacy Center's efforts ...

KEYCORP LOWERS ITS PRIME LENDING RATE TO 7.50 PERCENT

2024-12-18
KeyCorp (NYSE: KEY) and its banking affiliates have lowered their prime lending rate to 7.50 percent from 7.75 percent, effective tomorrow, Dec. 19, 2024.