KeyCorp recently demonstrated a clear focus on continued expansion and innovation in the finance sector. The company's CFO recently presented a growth strategy at the Bernstein Conference, marking 200 years of operations for the $189B banking giant. There was also an announcement about a strategic partnership with Qolo aimed at advancing commercial banking capabilities through virtual account management. Furthermore, KeyCorp has made significant investment in Qolo to enhance payment solutions and indicated a collaboration with Personetics for financial wellness-related endeavors.
Interestingly, KeyCorp has garnered positive attention for being among the best regional bank dividend stocks to purchase, with appealing yields above 5%. The market breadth and unusual options data suggest KeyCorp might be set to pop. Also, it’s important to note that KeyCorp announced a quarterly cash dividend on common shares and preferred stocks. The company has seen some recent earnings growth and has been recognized as one of the small cap financial stocks that hedge funds are buying. Additionally, Jim Cramer lauded the bank's 200-year history and impressive yield of 5.65%, vowing that he would be buying right alongside Canadians.
Keycorp KEY News Analytics from Mon, 12 Aug 2024 07:00:00 GMT to Wed, 04 Jun 2025 12:30:00 GMT - Rating 6 - Innovation 4 - Information 8 - Rumor -1
