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 KEY
Bulls Say, Bears Say
Bulls
KeyCorp's investment banking fees could be a major fee income growth driver if recently hired senior bankers' productivity gets up to speed.
Bears
In the event of a recession, the bank would face lower balance-sheet growth and higher credit costs.
News
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KeyBank Foundation Invests $250,000 to Expand Warming Center and Provide Safe Space for Adults Experiencing Homelessness
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KeyBank Foundation Invests $300,000 in Mass Insight's AP Pathways Program
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KeyBanc Capital Markets to Acquire Atlantic-Pacific Capital
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Building Opportunity Across Maine: KeyBank Foundation Invests in Youth Success and Health Equity
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KeyBank's Key Secured Credit Card(R) Program Surpasses 48,000 Client Graduations Since 2019
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KeyBank's Key Secured Credit Card® Program Surpasses 48,000 Client Graduations Since 2019
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KEYCORP TO PRESENT AT THE BANCANALYSTS ASSOCIATION OF BOSTON CONFERENCE
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$300,000 KeyBank Investment in the Boys & Girls Clubs of Buffalo Expands Staffing Capacity and Program Access for Local Students
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Trading Information
- Previous Close Price
- $21.23
- Day Range
- $21.24–21.98
- 52-Week Range
- $16.91–24.07
- Bid/Ask
- $21.47 / $21.68
- Shares Outstanding
- 1.06B
- Market Cap
- $22.80B
- Volume/Avg
- 18M / 14M
Key Statistics
- Price/Earnings (Normalized)
- 12.60
- Price/Sales
- 3.02
- Dividend Yield (Trailing)
- 3.81%
- Dividend Yield (Forward)
- 3.81%
- Dividend Payment Schedule
- Mar, Jun, Sep, Dec
- Total Yield
- 9.22%
Company Profile
With assets of around $190 billion, Ohio-based KeyCorp's bank footprint spans 16 states, but it is predominantly concentrated in its three largest markets: Ohio, New York, and Washington. KeyCorp is primarily focused on serving middle-market commercial clients through a hybrid community/corporate bank model.
- Sector
- Financial Services
- Industry
- Banks - Regional
- Stock Style Box
- Mid Value
- Total Number of Employees
- 17,883
- Website
- https://www.key.com
Competitors
Valuation
|
Metric
|
KEY
|
FITB
|
PNC
|
|---|---|---|---|
Price/Earnings (Normalized) | 12.60 | 12.93 | 13.12 |
Price/Book Value | 1.44 | 1.60 | 1.49 |
Price/Sales | 3.02 | 3.99 | 3.71 |
Price/Cash Flow | 11.11 | 10.98 | 8.48 |
Price/Earnings
KEY
FITB
PNC
Financial Strength
|
Metric
|
KEY
|
FITB
|
PNC
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | — | — | — |
Quick Ratio
No chart available
Profitability
|
Metric
|
KEY
|
FITB
|
PNC
|
|---|---|---|---|
Return on Assets (Normalized) | 1.17% | 1.36% | 1.27% |
Return on Equity (Normalized) | 12.89% | 13.40% | 12.45% |
Return on Invested Capital (Normalized) | — | — | — |
Return on Assets
KEY
FITB
PNC
Banks - Regional Industry Comparables
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United States