KeyCorp Earnings: Shares Look Cheap Amid Strong Deposit Growth, Higher Guidance
KeyCorp delivered good third-quarter results, with total revenue up 10% year over year and net interest margin expanding 6 basis points sequentially to 2.95%.
KeyCorp delivered good third-quarter results, with total revenue up 10% year over year and net interest margin expanding 6 basis points sequentially to 2.95%.
KeyCorp's investment banking fees could be a major fee income growth driver if recently hired senior bankers' productivity gets up to speed.
In the event of a recession, the bank would face lower balance-sheet growth and higher credit costs.
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Metric
|
KEY
|
WFC
|
FITB
|
|---|---|---|---|
Price/Earnings (Normalized) | 12.33 | 11.62 | 16.49 |
Price/Book Value | 1.31 | 1.56 | 1.54 |
Price/Sales | 3.05 | 2.93 | 3.88 |
Price/Cash Flow | 13.76 | 8.42 | 10.37 |
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Metric
|
KEY
|
WFC
|
FITB
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | — | — | — |
|
Metric
|
KEY
|
WFC
|
FITB
|
|---|---|---|---|
Return on Assets (Normalized) | 1.14% | — | — |
Return on Equity (Normalized) | 12.26% | — | — |
Return on Invested Capital (Normalized) | — | — | — |
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1-Day Chart
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Price
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Morningstar Rating for Stocks
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