Sees average loans down 2%-5%, with ending loans flat vs. YE 2024. Sees adjusted noninterest income up 5% vs. FY24, with net charge offs to average loans 40-45bps. Sees FY25 GAAP tax rate 21%-22%. Comments taken from Q4 earnings conference call presentation slides.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on KEY:
- Options Volatility and Implied Earnings Moves Today, January 21, 2025
- KeyCorp reports Q4 adjusted EPS 38c, consensus 32c
- Options Volatility and Implied Earnings Moves This Week, January 21 – January 24, 2025
- KEY Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- KeyCorp names Mohit Ramani as Chief Risk Officer, effective January 23
Questions or Comments about the article? Write to editor@tipranks.com