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KEY - KeyCorp: Several High Yield Options I'm Avoiding All Of Them
July, 02 2024 10:27 PM
KeyCorp
2024-07-02 22:27:51 ET
Summary KeyCorp has seen increases in asset and borrowing yields due to rising interest rates, but net interest income remains low. The bank has experienced declines in loans and deposits, with a significant portion of CRE loans classified as criticized. KeyCorp's preferred shares are overpriced and subject to interest rate risks, making them unattractive investment options.
Introduction For further details see:
KeyCorp: Several High Yield Options, I'm Avoiding All Of Them
Stock Information
Company Name:
KeyCorp
Stock Symbol:
KEY
Market:
NYSE
Website:
key.com
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