Sees FY23 noninterest income down 1%-3%. Sees FY23 GAAP tax rate 19%-20%. Guidance taken from 2023 RBC Capital Markets Financial Institutions Conference presentation slides. KeyCorp shares are down over 2% in after-hours trading.
Published first on TheFly
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Read More on KEY:
- KeyCorp price target raised to $18.50 from $16.50 at Piper Sandler
- KeyCorp raises prime lending rate to 7.75%
- KeyCorp sees FY23 NII up 6%-9%, noninterest income down 1%-3%
- KeyCorp reiterates long-term targets
- KEYCORP REPORTS FOURTH QUARTER 2022 NET INCOME OF $356 MILLION, OR $.38 PER DILUTED COMMON SHARE
