Fee Income to Aid KeyCorp's Q3 Earnings, Higher Provisions to Hurt
Keyp(KEY) ZACKS·2024-10-14 22:49
KeyCorp (KEY) is scheduled to announce third-quarter 2024 results on Oct. 17, before the opening bell. During the quarter, lending activities witnessed modest improvement. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. Per the Federal Reserve's latest data, the demand for commercial and industrial loans (accounting for roughly 50% of KeyCorp's average loan balances) improved during the third quarter. On the other hand, demand for consumer loans (constituting roughly 31% of average ...