KeyCorp (KEY)
| Market Cap | 20.25B |
| Revenue (ttm) | 4.85B |
| Net Income (ttm) | 5.00M |
| Shares Out | 1.11B |
| EPS (ttm) | 0.00 |
| PE Ratio | 4,049.15 |
| Forward PE | 12.65 |
| Dividend | $0.82 (4.48%) |
| Ex-Dividend Date | Dec 3, 2024 |
| Volume | 14,788,666 |
| Open | 17.90 |
| Previous Close | 17.84 |
| Day's Range | 17.84 - 18.37 |
| 52-Week Range | 13.11 - 20.04 |
| Beta | 1.26 |
| Analysts | Buy |
| Price Target | 19.31 (+5.52%) |
| Earnings Date | Jan 21, 2025 |
About KEY
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; commercial leasing, investment management, consumer finance; and personal finance and financial wellness, student loan refinancing, mortgage and home equity, lending, credit card, treasury, business advisory, wealth management, asset management, ... [Read more]
Financial Performance
In 2023, KeyCorp's revenue was $5.89 billion, a decrease of -12.59% compared to the previous year's $6.74 billion. Earnings were $824.00 million, a decrease of -54.20%.
Financial StatementsAnalyst Forecast
According to 18 analysts, the average rating for KEY stock is "Buy." The 12-month stock price forecast is $19.31, which is an increase of 5.52% from the latest price.
News
KeyCorp Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
KeyCorp KEY will release earnings results for its fourth quarter, before the opening bell on Tuesday, Jan. 21, 2025.
KEYCORP DECLARES QUARTERLY CASH DIVIDEND ON COMMON SHARES AND PREFERRED STOCKS; SETS ANNUAL MEETING DATE
CLEVELAND , Jan. 16, 2025 /PRNewswire/ -- KeyCorp (NYSE: KEY) announced today that its Board of Directors declared the following dividends for the first quarter of 2025: A cash dividend of $0.205 per ...
KEYCORP ANNOUNCES APPOINTMENT OF MOHIT RAMANI AS CHIEF RISK OFFICER
CLEVELAND , Jan. 15, 2025 /PRNewswire/ -- KeyCorp (NYSE:KEY) announced that Mohit (Mo) Ramani will join Key as Chief Risk Officer (CRO), effective January 23, 2025. "I am very pleased to welcome Mo to...
New Study Shows Financial Imposter Syndrome Fuels Consumer Anxieties
One-third of Americans feel daily anxiety due to debt, but are closer to their money goals than financial stress indicates CLEVELAND , Jan. 14, 2025 /PRNewswire/ -- Financial imposter syndrome refers ...
Buy 6 'Safer' Dividend Dogs Of 23 January Barron's Better Bets Than T-Bills
Seven of the ten lowest-priced BBB Dogs, including Altria, Pfizer, and Verizon, are ready to buy, with dividends from $1K invested exceeding single share prices. Analysts project 16.27% to 32.98% net ...
KeyBank Appoints Robert Weiss to Lead Family Wealth Business
CLEVELAND , Jan. 6, 2025 /PRNewswire/ -- KeyCorp (NYSE: KEY) announced that Robert Weiss has joined the company as Head of Key Family Wealth where he will collaborate across the enterprise to grow the...
Top 3 Financial Stocks That Are Preparing To Pump This Quarter
The most oversold stocks in the financial sector presents an opportunity to buy into undervalued companies.
KEYCORP AND SCOTIABANK COMPLETE STRATEGIC MINORITY INVESTMENT
CLEVELAND , Dec. 27, 2024 /PRNewswire/ -- KeyCorp (NYSE: KEY) today announced that The Bank of Nova Scotia ("Scotiabank") has completed its purchase of KeyCorp's common stock with an investment of app...
KEYCORP LOWERS ITS PRIME LENDING RATE TO 7.50 PERCENT
CLEVELAND , Dec. 18, 2024 /PRNewswire/ -- KeyCorp (NYSE: KEY) and its banking affiliates have lowered their prime lending rate to 7.50 percent from 7.75 percent, effective tomorrow, Dec. 19, 2024. Abo...
KeyCorp Series I Preferred Shares Offer Income Growth Opportunity
KeyCorp's Series I preferred shares are now rated a buy due to recent performance. Improved net interest spread and margin, along with increased interest income, highlight KeyCorp's financial gains. T...
KBW Announces Index Rebalancing for Fourth-Quarter 2024
NEW YORK, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel F...
Fed clears KeyCorp's $2 billion cash infusion from Scotiabank earlier than expected and its stock is up
Analyst hails Fed's quicker-than-expected OK of the investment in KeyCorp from Bank of Nova Scotia as a good sign for more deal-making
KEYCORP AND SCOTIABANK RECEIVE REGULATORY APPROVAL TO COMPLETE STRATEGIC MINORITY INVESTMENT
CLEVELAND , Dec. 13, 2024 /PRNewswire/ -- KeyCorp (NYSE: KEY) announced today that all required regulatory approvals have been received for completion of The Bank of Nova Scotia's ("Scotiabank") strat...
Fed approves Scotiabank bid to acquire voting shares in KeyCorp
The U.S. Federal Reserve said on Thursday it had approved an application by Scotiabank to buy up to 14.99% of the voting shares in U.S. regional lender KeyCorp , as the Canadian bank looks to boost it...
Buy 3 December Barron's Better Bet 'Safer' Dividend Dogs Of 23
Long-term bond yields continue to rise. But investors looking for income can still find plenty of attractive opportunities with dividend-paying stocks that have healthy yields. “23 stocks pay huge div...
6 Regional Bank Stocks to Buy Before Trump Names New SEC Leadership
The regional banking sector has spent much of the last two years making headlines for all the wrong reasons. Bank failures like Silicon Valley, Signature Bank, and First Republic Bank rocked the secto...
KEYCORP TO PRESENT AT THE GOLDMAN SACHS FINANCIAL SERVICES CONFERENCE
CLEVELAND , Nov. 22, 2024 /PRNewswire/ -- KeyCorp (NYSE: KEY) announced today that Chris Gorman, Chairman and Chief Executive Officer, will speak at the Goldman Sachs Financial Services Conference on ...
KEYCORP DECLARES QUARTERLY CASH DIVIDEND ON COMMON SHARES AND PREFERRED STOCKS
CLEVELAND , Nov. 21, 2024 /PRNewswire/ -- KeyCorp (NYSE: KEY) announced today that its Board of Directors declared the following dividends for the fourth quarter of 2024: A cash dividend of $0.205 per...
KeyCorp: Well Capitalized And Positioned For Growth In 2025
KeyCorp shares have surged 55% in the past year, driven by solid underwriting, an equity investment, and hopes for easier regulations. The Scotiabank equity stake deal allows KeyCorp to reposition its...
KEYBANK EXPANDS COMMERCIAL BANKING TEAMS IN CHICAGO AND SOUTHERN CALIFORNIA TO SERVE THE MIDDLE MARKET
CLEVELAND , Nov. 19, 2024 /PRNewswire/ -- KeyBank (NYSE: KEY) announced an expansion of its commercial banking business in Chicago and Southern California to serve more middle market clients with thei...
As Small Business Owners Begin Post-Election Planning for 2025, KeyBank Poll Finds Taxes, Regulations and Trade Policies are Top of Mind
Poll also found many are preparing for growth, including hiring CLEVELAND , Nov. 14, 2024 /PRNewswire/ -- With the election now behind us, many business owners are planning for 2025. A recent KeyBank ...
Buy 7 November Barron's Better Bet DiviDogs Of 23 & Watch 3 More To Be 'Safer'
Long-term bond yields continue to rise. But investors looking for income can still find plenty of attractive opportunities with dividend-paying stocks that have healthy yields. “23 stocks pay huge div...
KEYCORP LOWERS ITS PRIME LENDING RATE TO 7.75 PERCENT
CLEVELAND , Nov. 7, 2024 /PRNewswire/ -- KeyCorp (NYSE: KEY) and its banking affiliates have lowered their prime lending rate to 7.75 percent from 8.00 percent, effective tomorrow, Nov. 8, 2024. About...
KEYCORP PRESENTATION AT THE BANCANALYSTS ASSOCIATION OF BOSTON CONFERENCE CANCELED
CLEVELAND , Nov. 7, 2024 /PRNewswire/ -- KeyCorp (NYSE: KEY) announced today the cancellation of its presentation and webcast at the BancAnalysts Association of Boston Conference, originally scheduled...
KEYCORP TO PRESENT AT THE BANCANALYSTS ASSOCIATION OF BOSTON CONFERENCE
CLEVELAND , Oct. 30, 2024 /PRNewswire/ -- KeyCorp (NYSE: KEY) announced today that Ken Gavrity, Head of Commercial Banking, and Clark Khayat, Chief Financial Officer, will present at The BancAnalysts ...