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Fly News Breaks for December 20, 2019
News For KEY From the Last 2 Days
KEY
Apr 18, 2024 | 07:03 EDT
Sees FY24 noninterest income up 5%+. Sees relatively stable noninterest expense vs. FY23, net charge-offs 30-40bps, and a GAAP tax rate of about 20%.
KEY
Apr 18, 2024 | 07:02 EDT
In the long term the company expects: positive operating leverage, cash efficiency ratio of 54%-56%, net charge-offs to average loans 40-60 basis points and ROTCE 16%-19%. Guidance taken from Q1 investor presentation slides.