Compass Point Reiterates Buy on KeyCorp (KEY) Following 4Q Results and Merger Update
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KeyCorp Reports Fourth Quarter 2015 Net Income Of $224 Million, Or $.27 Per Common Share And Full-Year Net Income Of $892 Million, Or $1.05 Per Common Share
January 21, 2016 6:31 AM ESTCLEVELAND, Jan. 21, 2016 /PRNewswire/ --Â KeyCorp (NYSE: KEY) today announced fourth quarter net income from continuing operations attributable to Key common shareholders of $224 million, or $.27 per common share, compared to $216 million, or $.26 per common share, for the third quarter of 2015, and $246 million, or $.28 per common share, for the fourth quarter of 2014. During the fourth quarter of 2015, Key incurred merger-related costs and a pension settlement charge totaling $10 million, or $.01 per common share. Key incurred pension settlement charges of $19 million, or $.01 per common share, during the third quarter of 2015, and $3 million during the fourth... More
