** Shares of regional lender KeyCorp fall 2.5% to $17.85 premarket
** KEY reiterates its forecast for interest income to jump 20% this year from 2024 level of $3.81 bln
** Wall Street expects KEY to post $4.58 bln in interest income this year, according to estimates compiled by LSEG
** Stephens says management's 20% growth forecast in 2025 translates into interest income of $4.57 bln, which is below Street expectations of a 22% jump
** Adds that 2025 NII outlook will likely pressure shares over the near term
** Truist analyst Brian Foran says NII forecast came up a little short of expectations, driven by loan balances which still have not returned to growth
** Meanwhile, KEY completed the repositioning of its securities portfolio in Q4, dumping roughly $3 bln of lower-yielding securities and reinvesting the proceeds into higher-yielding ones
** KEY shares jumped 19% in 2024
(Reporting by Arasu Kannagi Basil in Bengaluru)
((ArasuKannagi.Basil@thomsonreuters.com;))
免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。