KeyCorp (NYSE:KEY)

Architecton (37.86) Submitted: 10/2/2007 11:33:31 PM : Start Price: $29.46 KEY Score: -64.53

Cramer, Canadian Bank Takeover Target

sammtroup (45.65) Submitted: 9/19/2007 4:07:13 PM : Start Price: $31.35 KEY Score: -66.76

No exposure to sub prime!

marinalee (< 20) Submitted: 8/22/2007 5:32:09 AM : Start Price: $30.71 KEY Score: -70.82

in key we trust

jim44095 (21.13) Submitted: 8/7/2007 4:52:46 PM : Start Price: $32.12 KEY Score: +70.35

Key has not been able to outperform the S&P lately, and Iexpect that it will require a few years of higher earnings to correct this problem.

Shantiyama (75.07) Submitted: 7/31/2007 6:07:10 AM : Start Price: $31.63 KEY Score: -70.04

A safe investment.

scoreman2000 (< 20) Submitted: 7/14/2007 10:05:32 AM : Start Price: $31.01 KEY Score: -65.54

speculative. Key will have good quarterly earnings announcement this week.

thehiddenangle (< 20) Submitted: 7/11/2007 1:49:57 PM : Start Price: $30.15 KEY Score: -66.77

Bank adversely affected by market around it, not internals

OneStarHero (< 20) Submitted: 6/4/2007 8:16:05 PM : Start Price: $31.89 KEY Score: -67.32

This company must be making tons of money. Just think about how many keys you have on your keyring!

rrand95 (75.29) Submitted: 2/8/2007 3:17:49 PM : Start Price: $34.03 KEY Score: -74.67

Seems to do better than analysts ranking..

Juloo28 (77.35) Submitted: 1/24/2007 1:50:36 PM : Start Price: $32.77 KEY Score: +74.87

Low groth, shrinking margins.

KevinBroker (< 20) Submitted: 1/23/2007 3:59:22 PM : Start Price: $32.69 KEY Score: -75.31

Better revenue stream with Key Investment Services.

sandersj (< 20) Submitted: 1/19/2007 3:11:08 PM : Start Price: $32.85 KEY Score: -75.25

B SS 19/1/2007 (LT)

NetscribeBanking (92.58) Submitted: 1/12/2007 1:23:11 AM : Start Price: $32.62 KEY Score: +75.66

Cleveland based KeyCorp is one of the nation's largest bank-based financial services companies, with assets of approximately $96 billion. Key companies provide investment management, retail and commercial banking, consumer finance, and investment banking products throughout the United States and certain countries.

The bank is going back to its traditional roots and focusing more on banking and retail division. In line with this, it has sold the sub prime mortgage operations and origination platform that does not fit in the long-term strategy of the bank. The positive impact would be in the form of removing the risky assets, exiting low growth areas and improving the tangible equity ratio to 6.8%, highest among its peers. Apart from the above transaction it has agreed to sell its McDonalds investments branch network to UBS along with the 340 advisors but has retained its profitable institutional business.

In the coming quarter the bank expects significant profits to arise from the redeemed $ 500 million high cost debt being replaced with lower coupon hybrid securities. As a result the future funding cost would decrease apart from the saving of approximately $25 million. The restructuring and additional charges in the year 2007 relating to certain lease obligations, write-off of certain fixed assets and severance expense would have a negative impact to the tune of $17 to $19 million on the results. More priority is given in the recent times to compliance and accountability practices. It has strengthened it anti money laundering systems and invested in technology along with human capital.

The strategy of the bank has been to have more of a balance sheet growth, which makes it more vulnerable to the interest rate vagaries. The bank is operating under difficult condition of flattening yield curve, compressing net interest margins and reduced spread. Moreover Key’s McDonalds unit faces investigations relating to trading activities and any findings of improper activities would expose it to more regulatory and legal risk. Though the fundamentals of the bank look with potential for a positive growth the chances of beating the market looks dim.

pjbarryfund (52.76) Submitted: 10/17/2006 1:14:52 PM : Start Price: $32.49 KEY Score: -80.25

Someone has to win in Cleveland. Right?

mikevanko (32.57) Submitted: 10/3/2006 8:39:29 PM : Start Price: $32.41 KEY Score: +82.04

stoggy