KeyCorp: Several High Yield Options, I'm Avoiding All Of Them
KEYKeyp(KEY) Seeking Alpha·2024-07-03 10:27

JHVEPhoto Introduction KeyCorp (NYSE:KEY) is the parent company of KeyBank, a regional bank with over 900 branches throughout the United States. Last May, I wrote on why I sold the bank's Series E preferred shares (KEY.PI) following the first quarter of financial results after the regional banking crisis. While the company's shares and preferred shares have rallied, I believe there are still too many risks to take a position in KeyCorp common or preferred shares. KeyCorp Financial Results Like most other re ...