EdgeWater 10/22/2010 10:27:12 PM
News / Business

Top Financial Stock Movers (KEY, STI, PNC)

Top Financial Stock Movers

KeyCorp (NYSE:KEY) added 4.08% to $8.68. The company said Friday that it swung to a third quarter net profit of $219 million, or 20 cents a share, from a loss of $397 million, or 52 cents a share, a year earlier.

Analysts polled by FactSet Research had expected earnings of 3 cents a share in the latest quarter.

Over the past 52-week, the stock had traded within the range of $5.29-$9.84 and is up more than 54% year-to-date.

SunTrust Banks, Inc. (NYSE:STI) slid 0.11% to $26.56. Yesterday, the company said that it swung to a third-quarter net profit attributable to shareholders of $84 million, or 17 cents a share, against a loss of $377 million, or 76 cents in the year-ago period.

A survey of analysts polled by FactSet Research was calling for the company to earn 17 cents per share.

The stock opened at $26.05 and has a 52-week range of $18.45-$32.02. In the past one month of trading sessions, the stock went up more than 4%.

PNC Financial Services (NYSE:PNC) added 1.64% to $54.44. The company said Thursday that its third-quarter net profit attributable to common shareholders more than doubled to $1.09 billion, or $2.07 a share, from $467 million, or $1.00 a share, a year earlier.

Analysts polled by FactSet Research had expected earnings of $1.57 a share on revenue of $3.77 billion.

The stock went up more than 2% year-to-date.

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