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United States

KeyCorp (KEY_pg.N)

KEY_pg.N on New York Stock Exchange

136.00USD
29 Sep 2016
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Latest Key Developments (Source: Significant Developments)

KeyBank says has added masterpass by mastercard to its mobile payments capabilities
Tuesday, 16 Aug 2016 09:25am EDT 

KeyBank :KeyBank says has added masterpass by mastercard to its mobile payments capabilities.  Full Article

KeyCorp sees 2016 average loan growth in mid single digits vs. 2015
Tuesday, 26 Jul 2016 07:00am EDT 

KeyCorp : Sees 2016 average loan growth in mid single digits versus 2015 .Sees 2016 net interest income growth in low to mid single digits without benefit of rate hike, up mid single digits with benefit of rate hike.  Full Article

KeyCorp Q2 adjusted earnings per share $0.27
Tuesday, 26 Jul 2016 06:30am EDT 

Keycorp Reports Second Quarter 2016 Net Income Of $193 Million, Or $.23 Per Common Share; Earnings Per Common Share Of $.27, Excluding $.04 Of Merger : Keycorp q2 tier 1 common equity ratio of 11.12 percent . Qtrly allowance for loan and lease losses $854 million versus $796 million . Related expense . Q2 earnings per share $0.27 excluding items . Q2 earnings per share $0.23 from continuing operations . Q2 earnings per share view $0.27 -- Thomson Reuters I/B/E/S . "look forward to resuming share repurchases upon completion of our first niagara acquisition" . Based capital ratio of 11.43 percent . Qtrly net loan charge-offs to average loans of 0.28%, down from 0.31% in prior quarter .Keycorp q2 taxable equivalent net interest income $ 605 million versus $591 million a year ago.  Full Article

KeyCorp receives regulatory approval for First Niagara Financial Group merger
Tuesday, 12 Jul 2016 04:20pm EDT 

Keycorp : Keycorp receives regulatory approval for First Niagara Financial Group merger . Merger of First Niagara into Keycorp is expected to be completed on or about August 1, 2016 .Systems and client conversion is expected during Q4 of 2016, subject to pending regulatory approval by OCC for First Niagara merger.  Full Article

Key announces common share repurchase program and plans to evaluate dividend increase
Wednesday, 29 Jun 2016 05:00pm EDT 

Keycorp : Key announces common share repurchase program and plans to evaluate dividend increase . Capital plan includes common share repurchase program of up to $350 million . An increase in quarterly common share dividend from $0.085 per share up to $0.095 per share . Says common share repurchase program of up to $350 million . Board of directors will consider potential dividend increase for q2 of 2017 .Key announces common share repurchase program and plans to evaluate dividend increase.  Full Article

KeyCorp raises quarterly cash dividend by 13 pct to $0.085/shr
Thursday, 19 May 2016 07:19am EDT 

KeyCorp : KeyCorp declares increased quarterly common share cash dividend of eight and one half cents .Says cash dividend of $0.085 per common share represents a 13 pct increase.  Full Article

KeyCorp - Cuomo urges regulators to block KeyCorp-First Niagara merger - Reuters
Wednesday, 10 Feb 2016 03:33pm EST 

KeyCorp:New York governor cuomo urges regulators to block Keycorp plan to acquire First Niagara Financial Group Inc - RTRS.Cuomo says proposed merger would cut competition, hurt customers, and reduce jobs - RTRS.  Full Article

KeyCorp declares quarterly common share cash dividend of seven and one half cents
Thursday, 14 Jan 2016 04:35pm EST 

KeyCorp:Declares a cash dividend of $0.075 per share on the corporation's outstanding common shares.Dividend is payable on March 15, 2016 to holders of record of such common shares as of the close of business on March 1, 2016.  Full Article

KeyCorp declares quarterly common share cash dividend of seven and one half cents
Thursday, 19 Nov 2015 04:30pm EST 

KeyCorp:A cash dividend of $0.075 per share on the corporation's outstanding common shares.Dividend is payable on December 15, 2015 to holders of record of such common shares as of the close of business on December 1, 2015.  Full Article

KeyCorp to acquire First Niagara Financial Group
Friday, 30 Oct 2015 06:30am EDT 

KeyCorp and First Niagara Financial Group:To acquire First Niagara Financial Group.Says deal valued at about $4.1 billion.Says expects acquisition to be accretive to EPS in 2017.Says First Niagara shareholders will receive 0.68 Keycorp shares and $2.30 in cash for each First Niagara common share.The agreement was unanimously approved by the boards of directors of each company.Says per share consideration is valued at $11.40 per share.In conjunction with closing of the transaction, three members of the First Niagara board of directors are expected to join the Keycorp board.Says expects the transaction to deliver an internal rate of return of approximately 15%.Says combined company will have approximately $99.8 billion in deposits, $83.6 billion in loans and 1,366 branches across 15 states.Combined co to have about $135 billion of pro forma assets providing increased operating leverage to deliver improved financial performance.  Full Article

BRIEF-KeyBank receives regulatory approval for First Niagara Bank merger

* KeyBank receives regulatory approval for First Niagara Bank merger Source text for Eikon: Further company coverage: