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 and investment products; commercial leasing, investment management, consumer finance; personal finance and financial wellness, lending, student loan refinancing, mortgage and home equity, credit card, treasury, and business advisory; and wealth management and investment services for institutional, non-profit, and high-net-worth clients. It also provides lending, cash management, equipment financing, and commercial mortgage loans; and capital market products and services, such as syndicated finance, debt and equity underwriting, fixed income and equity sales and trading, derivatives, foreign exchange, mergers and acquisition, other advisory, and public finance to large corporate and institutional clients. In addition, the company offers personal and institutional trust custody services, personal financial and planning services, access to mutual funds, treasury services, and international banking services. Further, it provides community development financing, securities underwriting, brokerage, and investment banking services, as well as merchant services. The company was founded in 1849 and is headquartered in Cleveland, Ohio.
Strategic Growth | KeyCorp's $2.8B investment deal with Bank of Nova Scotia positions it for ambitious growth, with projected 20% NII increase and over 5% fee income growth in 2025 |
Financial Resilience | Explore KeyCorp's robust capital position, 9.8% CET1 ratio, and $1B share repurchase plan, signaling confidence amid market challenges and economic uncertainties |
Market Dynamics | Delve into KeyCorp's competitive edge in investment banking, record fees, and its 54-year dividend streak, offering a 4.44% yield in a complex financial landscape |
Future Outlook | Analyst price targets range from $16 to $21, reflecting varied perspectives on KeyCorp's ability to navigate rising NPAs, interest rate sensitivity, and economic headwinds |
Metrics to compare | KEY | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipKEYPeersSector | |
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P/E Ratio | 640.6x | 11.0x | 9.5x | |
PEG Ratio | −6.61 | −0.31 | 0.03 | |
Price/Book | 1.2x | 1.1x | 1.0x | |
Price / LTM Sales | 4.2x | 3.0x | 2.8x | |
Upside (Analyst Target) | 13.3% | 16.7% | 14.3% | |
Fair Value Upside | Unlock | −5.2% | 2.3% | Unlock |