Regional banking company KeyCorp (NYSE:KEY) reported revenue ahead of Wall Street’s expectations in Q2 CY2025, with sales up 21.5% year on year to $1.84 billion. Its GAAP profit of $0.35 per share was in line with analysts’ consensus estimates.
Regional banking company KeyCorp (NYSE:KEY) reported Q1 CY2025 results exceeding the market’s revenue expectations, with sales up 15.9% year on year to $1.76 billion. Its non-GAAP profit of $0.34 per share was 7.2% above analysts’ consensus estimates.
Banks use their capital and expertise to help businesses grow while offering consumers essential financial products like mortgages and credit cards. Still, investors are uneasy as banks face challenges from credit quality concerns and potential regulatory changes.
These doubts have caused the industry to lag recently as banking stocks have collectively shed 6.9% over the past six months. This drawdown was disheartening since the S&P 500 held steady.
The stocks in this article have caught Wall Street’s attention in a big way, with price targets implying returns above 20%.
But investors should take these forecasts with a grain of salt because analysts typically say nice things about companies so their firms can win business in other product lines like M&A advisory.
The S&P 500 (^GSPC) is home to the biggest and most well-known companies in the market, making it a go-to index for investors seeking stability.
But not all large-cap stocks are created equal - some are struggling with slowing growth, declining margins, or increased competition.
A growing number of cryptocurrency companies are preparing to enter the U.S. banking system, propelled by a policy shift under President Donald Trump aimed at integrating digital assets into mainstream finance.
Wall Street saw a rebound in risk appetite on Thursday ahead of the long Easter weekend, as President Donald Trump signaled positive momentum in trade negotiations.
