KEY - KeyCorp Stock Price, Fair Value and News

15.00USD+0.07 (+0.47%)Delayed as of 08 May 2024, 01:50 pm ET

Market Summary

USD15.00+0.07

Delayedas of 08 May 2024, 01:50 pm

0.47%

KEY Stock Price

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KEY RSI Chart

KEY Valuation

Market Cap

14.1B

Price/Earnings (Trailing)

16.12

Price/Sales (Trailing)

1.73

EV/EBITDA

6.92

Price/Free Cashflow

5.54

KEY Price/Sales (Trailing)

KEY Profitability

EBT Margin

12.86%

Return on Equity

6.01%

Return on Assets

0.47%

Free Cashflow Yield

18.06%

KEY Fundamentals

KEY Revenue

Revenue (TTM)

8.1B

Rev. Growth (Yr)

11.4%

Rev. Growth (Qtr)

-0.88%

KEY Earnings

Earnings (TTM)

874.0M

Earnings Growth (Yr)

-29.81%

Earnings Growth (Qtr)

236.92%

Breaking Down KEY Revenue

52 Week Range

8.7415.01

(Low)(High)

Last 7 days

3.1%

Last 30 days

-0.8%

Last 90 days

7.5%

Trailing 12 Months

54.3%

How does KEY drawdown profile look like?

KEY Financial Health

Debt/Equity

1.43

Debt/Cashflow

0.12

KEY Investor Care

Dividend Yield

5.49%

Dividend/Share (TTM)

0.82

Shares Dilution (1Y)

0.81%

Diluted EPS (TTM)

0.79

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	8.1B	0	0	0
2023	6.2B	7.0B	7.6B	7.9B
2022	4.4B	4.5B	4.8B	5.4B
2021	4.5B	4.4B	4.4B	4.4B
2020	5.2B	5.0B	4.8B	4.7B
2019	5.0B	5.2B	5.2B	5.2B
2018	4.5B	4.6B	4.7B	4.9B
2017	3.7B	4.1B	4.3B	4.4B
2016	2.7B	2.7B	2.9B	3.3B
2015	2.6B	2.6B	2.6B	2.6B
2014	2.6B	2.6B	2.6B	2.6B
2013	2.7B	2.7B	2.7B	2.6B
2012	2.8B	2.8B	2.8B	2.7B
2011	3.3B	0	0	2.9B
2010	3.7B	3.6B	3.5B	3.4B
2009	4.1B	4.2B	4.0B	3.8B
2008	0	5.0B	4.7B	4.4B
2007	0	0	0	5.3B

Get all data in R, Python etc through our Historical Stock Data APIs

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Tracking the Latest Insider Buys and Sells of KeyCorp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 08, 2024	highsmith carlton l	sold	-113,250	15.1	-7,500	-
Feb 26, 2024	alexander victor b	gifted	-	-	2,070	head of consumer bank
Feb 24, 2024	evans trina m	acquired	-	-	5,469	director, corporate center
Feb 24, 2024	schosser douglas m	acquired	-	-	2,252	chief accounting officer
Feb 24, 2024	alexander victor b	sold (taxes)	-15,857	14.26	-1,112	head of consumer bank
Feb 24, 2024	schosser douglas m	sold (taxes)	-9,753	14.26	-684	chief accounting officer
Feb 24, 2024	brady amy g.	acquired	-	-	9,009	chief information officer
Feb 24, 2024	khayat clark h	acquired	-	-	4,504	chief financial officer
Feb 24, 2024	brady amy g.	sold (taxes)	-58,252	14.26	-4,085	chief information officer
Feb 24, 2024	evans trina m	sold (taxes)	-23,671	14.26	-1,660	director, corporate center

Which funds bought or sold KEY recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 06, 2024	NEW YORK LIFE INVESTMENT MANAGEMENT LLC	reduced	-3.66	110,875	2,031,000	0.02%
May 06, 2024	Investors Research Corp	unchanged	-	19,503	218,684	0.05%
May 06, 2024	DiNuzzo Private Wealth, Inc.	reduced	-4.05	57.00	1,123	-%
May 06, 2024	Jefferies Financial Group Inc.	sold off	-100	-1,081,910	-	-%
May 06, 2024	VitalStone Financial, LLC	sold off	-100	-423,000	-	-%
May 06, 2024	LSV ASSET MANAGEMENT	reduced	-37.63	-12,365,000	26,860,000	0.06%
May 06, 2024	DUALITY ADVISERS, LP	new	-	2,118,640	2,118,640	0.21%
May 06, 2024	Parallel Advisors, LLC	added	9.19	18,363	110,775	-%
May 06, 2024	Carnegie Capital Asset Management, LLC	unchanged	-	33,978	380,985	0.01%
May 06, 2024	Envestnet Portfolio Solutions, Inc.	added	3.34	106,316	896,023	-%

Are Funds Buying or Selling KEY?

Are funds buying KEY calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own KEY

No. of Funds

Unveiling KeyCorp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	11.74%	109,871,973	SC 13G/A
Feb 09, 2024	capital international investors	0.0%	0	SC 13G/A
Jan 29, 2024	state street corp	5.19%	48,576,105	SC 13G/A
Jan 24, 2024	blackrock inc.	10.2%	95,884,153	SC 13G/A
Jul 07, 2023	blackrock inc.	10.0%	93,934,373	SC 13G/A
Feb 13, 2023	capital international investors	5.5%	51,183,937	SC 13G/A
Feb 09, 2023	vanguard group inc	11.81%	110,209,070	SC 13G/A
Feb 08, 2023	state street corp	5.37%	50,136,323	SC 13G/A
Feb 07, 2023	blackrock inc.	8.7%	81,365,271	SC 13G/A
Feb 11, 2022	state street corp	5.78%	53,774,552	SC 13G/A

Recent SEC filings of KeyCorp

View All Filings

Date Filed	Form Type	Document
May 02, 2024	10-Q	Quarterly Report
Apr 18, 2024	8-K	Current Report
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Mar 22, 2024	ARS	ARS
Mar 22, 2024	DEF 14A	DEF 14A
Mar 18, 2024	3	Insider Trading

Peers (Alternatives to KeyCorp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
JPM	550.7B	174.7B	-2.88%	39.91%	10.94	3.15	53.11%	19.83%
BAC	296.0B	127.4B	1.99%	36.69%	11.83	2.15	56.12%	-12.56%
WFC	210.0B	85.8B	4.95%	56.96%	11.19	2.45	35.02%	26.14%
C	118.3B	125.0B	0.65%	33.74%	14.8	0.95	37.85%	-
CFG	16.2B	10.4B	4.71%	38.12%	11.31	1.55	26.22%	-33.87%
KEY	14.1B	8.1B	-0.80%	54.34%	16.12	1.73	32.15%	-50.93%
MID-CAP
CMA	7.1B	4.2B	1.12%	47.25%	10.15	1.66	34.68%	-45.96%
ZION	6.5B	3.9B	4.13%	80.63%	9.55	1.64	45.91%	-25.03%
ABCB	3.4B	1.3B	5.29%	67.41%	12.7	2.67	43.24%	-22.35%
ASB	3.3B	1.8B	5.37%	45.89%	20.77	1.64	47.11%	-59.32%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
ALRS	399.1M	152.4M	-3.36%	49.04%	40.14	2.62	16.94%	-73.84%
AROW	389.7M	162.6M	0.47%	17.60%	12.96	2.4	25.39%	-38.37%
ACNB	273.7M	96.6M	-5.55%	16.05%	8.64	2.83	11.02%	-11.37%
ASRV	40.3M	60.9M	-4.84%	-16.90%	-12.04	0.66	24.06%	-144.92%

KeyCorp News

Latest updates

KeyCorp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-0.9%	2,032	2,050	2,043	2,010	1,824	1,695	1,444	1,193	1,080	1,103	1,087	1,090	1,087	1,125	1,119	1,190	1,251	1,285	1,317	1,329	1,304
EBITDA Margin	-9.1%	0.60*	0.66*	0.78*	0.93*	1.13*	1.29*	1.46*	1.57*	1.64*	1.68*	1.67*	1.57*	-	-	-	-	-	-	-	-	-
Interest Expenses	-5.0%	875	921	915	978	1,099	1,220	1,196	1,097	1,014	1,033	1,016	1,017	1,005	1,035	1,000	1,018	981	979	972	981	977
Income Taxes	837.5%	59.00	-8.00	65.00	58.00	81.00	76.00	124	132	90.00	141	165	189	147	114	60.00	30.00	23.00	75.00	70.00	87.00	82.00
Earnings Before Taxes	387.7%	278	57.00	367	344	392	470	664	662	537	768	808	913	765	689	484	215	168	541	483	510	488
EBT Margin	-12.1%	0.13*	0.15*	0.21*	0.27*	0.36*	0.43*	0.55*	0.62*	0.69*	0.75*	0.72*	0.64*	-	-	-	-	-	-	-	-	-
Net Income	236.9%	219	65.00	303	287	312	394	542	533	448	629	645	729	622	582	428	187	146	469	416	425	407
Net Income Margin	-11.9%	0.11*	0.12*	0.17*	0.22*	0.29*	0.35*	0.45*	0.51*	0.56*	0.60*	0.59*	0.53*	-	-	-	-	-	-	-	-	-
Free Cashflow	-65.4%	359	1,037	540	556	692	1,559	2,055	-104	855	-36.00	889	427	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-0.4%	187,485	188,281	187,851	195,037	197,519	189,813	190,051	187,008	181,221	186,346	187,035	181,115	176,203	170,336	170,540	171,192	156,197	144,988	146,691	144,545	141,515
Cash Equivalents	32.5%	1,247	941	766	758	784	887	717	678	684	913	763	792	938	1,091	956	1,059	865	732	636	607	611
Net PPE	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	814	815	829	849
Goodwill	0%	2,752	2,752	2,752	2,752	2,752	2,752	2,752	2,752	2,693	2,693	2,673	2,673	2,673	2,664	2,664	2,664	2,664	2,664	2,664	2,664	148
Liabilities	-0.4%	172,938	173,644	174,495	181,193	183,197	176,359	176,761	172,581	165,913	168,923	169,525	163,174	158,569	152,355	152,818	153,650	138,786	127,950	129,575	127,574	125,589
Long Term Debt	6.2%	20,776	19,554	21,303	22,071	22,753	19,307	18,257	16,617	10,814	12,042	13,165	13,211	12,499	13,709	12,685	13,734	13,732	12,448	14,470	14,312	14,168
Shareholder's Equity	-0.6%	14,547	14,637	13,356	13,844	14,322	13,454	13,290	14,427	15,308	17,423	17,510	17,941	17,634	17,981	17,722	17,542	814	17,038	195	2.00	6,259
Retained Earnings	-0.1%	15,662	15,672	15,835	15,759	15,700	15,616	15,450	15,118	14,793	14,553	14,133	13,689	13,166	12,751	12,375	12,154	12,174	12,469	12,209	12,005	11,771
Additional Paid-In Capital	-1.9%	6,164	6,281	6,254	6,231	6,207	6,286	6,257	6,241	6,214	6,278	6,141	6,232	6,213	6,281	6,263	6,240	6,222	6,295	6,287	6,266	6,259
Shares Outstanding	0.3%	930	927	927	927	926	924	924	924	923	947	955	957	-	-	-	-	-	-	-	-	-
Minority Interest	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2.00	2.00
Float	-	-	-	-	8,646	-	-	-	16,069	-	-	-	19,830	-	-	-	11,887	-	-	-	17,805	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-65.4%	359	1,037	566	582	718	1,585	2,081	-78.00	881	-10.00	915	453	-205	946	622	278	-173	993	1,183	170	560
Share Based Compensation	-16.1%	26.00	31.00	27.00	29.00	34.00	31.00	30.00	30.00	29.00	26.00	26.00	26.00	26.00	26.00	24.00	26.00	25.00	24.00	24.00	23.00	25.00
Cashflow From Investing	-36.8%	374	592	6,240	1,921	-7,336	-583	-6,174	-6,151	1,974	1,001	-5,955	-4,584	-5,530	-178	201	-15,022	-9,722	1,054	-2,489	-1,944	-1,539
Cashflow From Financing	70.6%	-427	-1,454	-6,798	-2,529	6,515	-832	4,132	6,223	-3,084	-841	5,011	3,985	5,582	-633	-926	14,938	10,028	-1,951	1,335	1,770	912
Dividend Payments	0.4%	229	228	227	228	228	228	209	209	208	209	201	206	207	207	207	207	208	209	212	191	192
Buy Backs	176.5%	26.00	-34.00	-	-	34.00	-44.00	-	-	44.00	277	-	1.00	31.00	95.00	-21.00	-17.00	117	454	-	1.00	167

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KEY Income Statement

2024-03-31

Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Millions

3 Months Ended

Mar. 31, 2024

Mar. 31, 2023

INTEREST INCOME

Loans

$ 1,538

$ 1,476

Loans held for sale

Securities available for sale

232

194

Held-to-maturity securities

Trading account assets

Short-term investments

142

Other investments

Total interest income

2,032

1,824

INTEREST EXPENSE

Deposits

782

350

Federal funds purchased and securities sold under repurchase agreements

Bank notes and other short-term borrowings

Long-term debt

328

275

Total interest expense

1,157

725

NET INTEREST INCOME

875

1,099

Provision for credit losses

101

139

Net interest income after provision for credit losses

774

960

NONINTEREST INCOME

Trust and investment services income

136

128

Investment banking and debt placement fees

170

145

Cards and payments income

Service charges on deposit accounts

Corporate services income

Commercial mortgage servicing fees

Corporate-owned life insurance income

Consumer mortgage income

Operating lease income and other leasing gains

Other income

Total noninterest income

647

608

NONINTEREST EXPENSE

Personnel

674

701

Net occupancy

Computer processing

102

Business services and professional fees

Equipment

Operating lease expense

Marketing

Other expense

203

205

Total noninterest expense

1,143

1,176

INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES

278

392

Income taxes

INCOME (LOSS) FROM CONTINUING OPERATIONS

219

311

Income (loss) from discontinued operations

NET INCOME (LOSS)

219

312

Less: Net income (loss) attributable to noncontrolling interests

NET INCOME (LOSS) ATTRIBUTABLE TO KEY

219

312

Income (loss) from continuing operations attributable to Key common shareholders

183

275

Net income (loss) attributable to Key common shareholders

$ 183

$ 276

Per Common Share:

Income (loss) from continuing operations attributable to Key common shareholders (in usd per share)

$ 0.20

$ 0.30

Income (loss) from discontinued operations, net of taxes (in usd per share)

Net income (loss) attributable to Key common shareholders (in usd per share)

^[1]

0.20

0.30

Per Common Share — assuming dilution:

Income (loss) from continuing operations attributable to Key common shareholders (in usd per share)

0.20

0.30

Income (loss) from discontinued operations, net of taxes (in usd per share)

Net income (loss) attributable to Key common shareholders (in usd per share)

^[1]

$ 0.20

$ 0.30

Weighted-average Common Shares outstanding (in shares)

929,692

926,490

Effect of Common Share options and other stock awards (in shares)

7,319

7,314

Weighted-average Common Shares and potential Common Shares outstanding (in shares)

^[2]

937,011

933,804

[1]	EPS may not foot due to rounding.
[2]	Assumes conversion of Common Share options and other stock awards and/or convertible preferred stock, as applicable.

KEY Balance Sheet

2024-03-31

Consolidated Balance Sheets - USD ($)
$ in Millions

Mar. 31, 2024

Dec. 31, 2023

ASSETS

Cash and due from banks

$ 1,247

$ 941

Short-term investments

13,205

10,817

Trading account assets

1,171

1,142

Securities available for sale

37,298

37,185

Held-to-maturity securities (fair value: $7,680 and $8,056)

8,272

8,575

Other investments

1,247

1,244

Loans, net of unearned income of $323 and $356

109,885

112,606

Less: Allowance for loan and lease losses

(1,542)

(1,508)

Net loans

108,343

111,098

Loans held for sale

^[1]

228

483

Premises and equipment

650

661

Goodwill

2,752

Other intangible assets

Corporate-owned life insurance

4,392

4,383

Accrued income and other assets

8,314

8,601

Discontinued assets

318

344

Total assets

187,485

188,281

Deposits in domestic offices:

Interest-bearing deposits

114,593

114,859

Noninterest-bearing deposits

29,638

30,728

Total deposits

144,231

145,587

Federal funds purchased and securities sold under repurchase agreements

Bank notes and other short-term borrowings

2,896

3,053

Accrued expense and other liabilities

5,008

5,412

Long-term debt

20,776

19,554

Total liabilities

172,938

173,644

EQUITY

Preferred stock

2,500

Common Shares, $1 par value; authorized 2,100,000,000 shares; issued 1,256,702,081 shares

1,257

Capital surplus

6,164

6,281

Retained earnings

15,662

15,672

Treasury stock, at cost (313,926,505 and 320,138,094 shares)

(5,722)

(5,844)

Accumulated other comprehensive income (loss)

(5,314)

(5,229)

Total equity

14,547

14,637

Total liabilities and equity

$ 187,485

$ 188,281

[1]	Total loans held for sale include real estate — residential mortgage loans held for sale at fair value of $73 million at March 31, 2024, and $51 million at December 31, 2023.

About KeyCorp

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. The company was founded in 1849 and is headquartered in Cleveland, Ohio.

CEO	Mr. Christopher Marrott Gorman
WEBSITE	key.com
INDUSTRY	Banks Diversified
EMPLOYEES	17987

KeyCorp Frequently Asked Questions

What is the ticker symbol for KeyCorp? What does KEY stand for in stocks?

KEY is the stock ticker symbol of KeyCorp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of KeyCorp (KEY)?

As of Tue May 07 2024, market cap of KeyCorp is 14.09 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of KEY stock?

You can check KEY's fair value in chart for subscribers.

What is the fair value of KEY stock?

You can check KEY's fair value in chart for subscribers. The fair value of KeyCorp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of KeyCorp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for KEY so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is KeyCorp a good stock to buy?

The fair value guage provides a quick view whether KEY is over valued or under valued. Whether KeyCorp is cheap or expensive depends on the assumptions which impact KeyCorp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for KEY.

What is KeyCorp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue May 07 2024, KEY's PE ratio (Price to Earnings) is 16.12 and Price to Sales (PS) ratio is 1.73. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. KEY PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on KeyCorp's stock?

In the past 10 years, KeyCorp has provided 0.039 (multiply by 100 for percentage) rate of return.