Deteriorating office loans stress US regional banks' CRE portfolios [Yahoo! Finance]
KeyCorp (KEY)
Last keycorp earnings: 4/16 06:30 am
Check Earnings Report
US:NYSE Investor Relations:
investor.key.com
Company Research
Source: Yahoo! Finance
work stays prevalent, but rate cuts may provide some relief by easing the strain on other commercial real estate (CRE) segments, analysts said. Nearly a dozen mid-sized and regional U.S. banks reported higher non-performing loans (NPLs) — debt where borrowers missed scheduled payments — in their CRE portfolios in the third quarter compared with a year earlier, a Reuters analysis of earnings reports showed. Those included KeyCorp and Fifth Third Bancorp. A looming "maturity wall" could complicate matters further. When loans mature, borrowers must either refinance or repay the remaining balance in full. Failure to do so could lead to defaults and strain banks' balance sheets. Roughly $950 billion of CRE mortgages are expected to mature in 2024, of which 10% are tied to office properties, according to estimates from S&P Global Market Intelligence. Office loans present unique challenges due to the rise of hybrid work, which may limit their benefits from lower interest rates. R
Show less
Read more
Impact Snapshot
Event Time:
KEY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
KEY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
KEY alerts
High impacting KeyCorp news events
Weekly update
A roundup of the hottest topics
KEY
News
- KEYCORP TO PRESENT AT THE BANCANALYSTS ASSOCIATION OF BOSTON CONFERENCEPR Newswire
- Deteriorating office loans stress US regional banks' CRE portfolios [Yahoo! Finance Canada]Yahoo! Finance Canada
- Radius Recycling, Inc. (RDUS) Q4 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- Dow (DOW) Q3 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Woolpert Strengthens M&A Team, Welcomes Director of Mergers and Acquisitions Aaron Scro [Yahoo! Finance]Yahoo! Finance
KEY
Earnings
- 10/17/24 - Beat
KEY
Sec Filings
- 10/18/24 - Form SC
- 10/17/24 - Form 8-K
- 10/2/24 - Form 4
- KEY's page on the SEC website