KEY

KeyCorp

Fundamental data last updated:September 28, 2026

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company profile

SECTOR

Financial Services

industry

Banks - Regional

Exchange

NYSE

County of HQ

US

Next Earnings Date

Pending Announcement

Business Summary

KeyCorp operates as the holding company for KeyBank National Association that provides various retail and commercial banking products and services in the United States. It operates in two segments, Consumer Bank and Commercial Bank. The company offers various deposits, investment products and services; and personal finance and financial wellness, student loan refinancing, mortgage and home equity, lending, credit card, treasury, business advisory, wealth management, asset management, investment, cash management, portfolio management, and trust and related services to individuals and small and medium-sized businesses. It also provides a suite of banking and capital market products, such as syndicated finance, debt and equity capital market products, commercial payments, equipment finance, commercial mortgage banking, derivatives, foreign exchange, financial advisory, and public finance, as well as commercial mortgage loans comprising consumer, energy, healthcare, industrial, public sector, real estate, and technology loans for middle market clients. In addition, the company offers community development financing, securities underwriting, brokerage, and investment banking services. As of December 31, 2021, it operated through a network of approximately 999 branches and 1,317 ATMs in 15 states, as well as additional offices, online and mobile banking capabilities, and a telephone banking call center. KeyCorp was founded in 1849 and is headquartered in Cleveland, Ohio.

 


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VALUATION

P/E

11.92

Market Cap ($M USD)

$23.20B

Forward P/E

8.74

PEG

0.24

PRICE TO SALES

2.07

PRICE TO BOOK

1.16

EV / EBITDA

15.62

5-Year Average P/E

Free Cash Flow Yield

9.38%

DCF Value

$-32.07

Graham Number

$27.28

Price to FCF

10.66

EV to FCF

17.98

Earnings Yield

8.39%

FCF Yield

9.38%

DIVIDEND

Yield

3.83%

Annual Payout

$0.82

Payout Ratio

53.85%

Consecutive Years of Dividend Growth

5-Year Dividend Growth Rate

Financial Health & Profitability

Earnings Per Share

$1.79

Next Year EPS Growth Estimate

$2.45

Next Year Revenue Growth Estimate

$8.89B

Return on Equity (ROE)

9.74%

FREE CASH FLOW

Operating Margin

22.20%

Debt-to-Equity

0.54

Piotroski F-Score

9

Altman Z-Score

-0.27

Return on Invested Capital (ROIC)

7.18%

Current Ratio

0.42

Quick Ratio

0.42

Net Debt to EBITDA

6.36

Interest Coverage

0.70

Gross Profit margin

64.18%

FCF PER SHARE

$2.01

REVENUE PER SHARE

$10.35

Analyze KEY on TradingView

Gainseekers Quantitative Analysis

Summary

KeyCorp’s valuation presents a compelling dichotomy. Despite a Forward P/E of 8.82, suggesting undervaluation, the DCF Value is alarmingly negative, indicating potential overvaluation concerns. The Graham Number of 27.28 implies some upside potential, yet the Altman Z-score of -0.27 raises red flags about financial distress. The Earnings Yield of 8.31% is attractive, but the market’s skepticism is evident in the stock trading below its intrinsic value estimates. This mixed bag of metrics suggests a cautious approach, balancing potential growth with underlying risks.

AI Exposure / Tech Reliance

Operating within the regional banking sector, KeyCorp is positioned to leverage AI for enhanced customer service and operational efficiency. However, the traditional nature of banking means adaptation may be slower compared to tech-centric industries. The company's ability to integrate AI into its risk management and customer engagement strategies will be crucial for future resilience.

The Bull Case

For the value-driven investor, KeyCorp offers a tantalizing proposition. The Piotroski F-Score of 9 signals robust financial health, while a solid ROIC of 7.18% underscores efficient capital deployment. With a Free Cash Flow Yield of 9.30%, the company demonstrates strong cash generation capabilities. Its operating margin of 22.20% further highlights pricing power, making it an attractive buy for those seeking growth at a reasonable price.

The Bear Case

Yet, structural risks loom large. The Altman Z-score suggests potential financial instability, and the Net Debt to EBITDA ratio of 6.36 indicates significant leverage. Trading near its 52-week high, the stock may be technically overextended. Additionally, an Interest Coverage ratio of 0.70 raises concerns about the company's ability to meet its debt obligations, painting a picture of vulnerability amidst its strengths.

Market Sentiment & Smart Money

Short Interest %

Analyst Consensus

Buy

Average Analyst Price Target

$23.33

Institutional Ownership %

1-Year Beta

1.06

Insider Buying % (6 Mo)

Distance to 52-Week High

9.11%

Distance to 52-Week Low

27.71%

EARNINGS SURPRISE %

7.32%

50-DAY SMA

$21.12

200-DAY SMA

$19.94

⚠️ Financial Disclaimer:
This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate. We may earn a commission from partner links.