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Republicans' haste in getting the tax bill in force might rip benefits from the poor and increase troubles for the public debt. Nevertheless, banks earnings are likely to improve.
KeyCorp (KEY) announces quarterly dividend of $0.105 per share, a hike of 11% from the prior payout.
BankUnited (BKU) witnesses improvement in revenues in Q3. However, expenses increased, which remained an undermining factor.
State Street's (STT) Q3 earnings reflect benefit from easing margin pressure and a rise in assets under management.
With an aim to expand healthcare advisory, KeyCorp's (KEY) corporate and investment banking unit, KeyBanc Capital, closes Cain Brothers' buyout.
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Top-line growth and decline in provisions drive BankUnited (BKU) Q2 earnings. Higher expenses partially offset the positives.
KeyCorp's (KEY) Q2 earnings reflect continued synergies from the First Niagara deal. However, provisions increased in the quarter.
Rise in revenue was largely responsible for earnings beat for KeyCorp (KEY).
Rise in interest income and stable cost levels are expected to support major banks' Q2 earnings.
Higher interest rates and investment banking to support KeyCorp's Q2 earnings.
Zions (ZION) is a solid bet now, on the back of its growth strategies, driven by increasing loans and strong deposit mix.
BB&T's (BBT) prospects look promising driven by impressive loan growth and higher interest rates. Yet, increase in expenses remains a concern.
The Bank of New York Mellon Corporation's (BK) efficient cost-saving initiatives and easing margin pressure position it well for future growth. However, higher dependence on fee-based income sources makes us apprehensive.
Investors in KeyCorp (KEY) need to pay close attention to the stock based on moves in the options market lately.