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KeyCorp rises after higher Q1 profit

ReutersApr 17, 2025 2:46 PM

KeyCorp's KEY.N shares up ~1.6% at $14.30

KEY reports higher Q1 net profit, boosted by higher interest income

Bank posts Q1 net profit of $370 mln, or 33 cents per share, compared with $183 mln, or 20 cents per share, in the year-ago period

Investment banking and debt placement fees at KeyCorp rose to $175 mln from $170 mln a year earlier

12 of 23 brokerages rate stock "buy" or higher, 11 "hold"; their median PT is $18.50 - LSEG data

Including session's move, stock down ~16.3% YTD

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