KeyCorp (KEY)

NYSE: KEY · IEX Real-Time Price · USD
18.15
+0.09 (0.50%)
Aug 8, 2022 4:00 PM EDT - Market closed
0.50%
Market Cap 16.93B
Revenue (ttm) 7.21B
Net Income (ttm) 2.15B
Shares Out 932.66M
EPS (ttm) 2.28
PE Ratio 7.96
Forward PE 8.14
Dividend $0.93 (5.12%)
Ex-Dividend Date Aug 29, 2022
Volume 7,776,107
Open 18.25
Previous Close 18.06
Day's Range 18.07 - 18.31
52-Week Range 16.41 - 27.17
Beta 1.32
Analysts Hold
Price Target 22.72 (+25.2%)
Earnings Date Jul 21, 2022

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; 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 ... [Read more...]

Industry Banks
Founded 1825
CEO Beth Mooney
Employees 17,262
Stock Exchange NYSE
Ticker Symbol KEY
Full Company Profile

Financial Performance

In 2021, KeyCorp's revenue was $7.68 billion, an increase of 35.62% compared to the previous year's $5.67 billion. Earnings were $2.63 billion, an increase of 95.46%.

Financial Statements

Analyst Forecast

According to 26 analysts, the average rating for KEY stock is "Hold." The 12-month stock price forecast is 22.72, which is an increase of 25.18% from the latest price.

Price Target
$22.72
(25.18% upside)
Analyst Consensus: Hold
Stock Forecasts

News

15 quality dividend stocks that you can buy on sale right now

John Buckingham, editor of the Prudent Speculator newsletter, paraphrases Warren Buffett when he says “whether it is socks or stocks, we like to buy quality merchandise that is marked down.”

KEYCORP RAISES ITS PRIME LENDING RATE TO 5.5 PERCENT

CLEVELAND , July 27, 2022 /PRNewswire/ -- KeyCorp (NYSE: KEY) and its banking affiliates have raised their prime lending rate to 5.5 percent from 4.75 percent, effective tomorrow, July 28, 2022. About K...

KeyCorp (KEY) Q2 Earnings and Revenues Beat Estimates

KeyCorp (KEY) delivered earnings and revenue surprises of 3.85% and 1.30%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

KeyCorp (KEY) Q2 Earnings Beat Estimates on Higher NII, Loans

An increase in NII and loan growth supports KeyCorp's (KEY) Q2 earnings despite headwinds like modestly higher expenses, fall in fee income and rise in provisions.

KEYCORP REPORTS SECOND QUARTER 2022 NET INCOME OF $504 MILLION, OR $.54 PER DILUTED COMMON SHARE

Positive operating leverage compared to the prior quarter and year-ago period Revenue up 6% from the prior quarter, driven by growth in net interest income Strong loan growth across commercial and consu...

Loans, Rates & Fee Income to Aid KeyCorp's (KEY) Q2 Earnings

Higher rates support NII, which along with a rise in loan demand and decent fee income growth, might have aided KeyCorp's (KEY) Q2 earnings.

6 Undervalued Bank Stocks to Buy Now

These six undervalued bank stocks will keep paying their dividends and buying back stock to push their prices higher. The post 6 Undervalued Bank Stocks to Buy Now appeared first on InvestorPlace.

Other symbols: BACCFGFITBHBANRF

Analysts Estimate KeyCorp (KEY) to Report a Decline in Earnings: What to Look Out for

KeyCorp (KEY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

3 Bank Stocks Selling at Low Forward Price-Earnings Ratios

The financial services sector is one of just four sectors to outperform the S&P 500 index over the past year:

Other symbols: BACHBAN

KEYCORP DECLARES QUARTERLY CASH DIVIDEND ON COMMON SHARES AND PREFERRED STOCKS

CLEVELAND , July 6, 2022 /PRNewswire/ -- KeyCorp (NYSE: KEY) announced today that its Board of Directors declared the following dividends for the third quarter of 2022: A cash dividend of $0.195 per sha...

6 Dividend Stocks That Can Afford to Pay Their High Yields

These are 6 dividend stocks that can afford to pay their high yields. The dividend payout ratios are less than 50% for these stocks.

Other symbols: BBYCFNFLYBWHR

KEYCORP RAISES ITS PRIME LENDING RATE TO 4.75 PERCENT

CLEVELAND , June 15, 2022 /PRNewswire/ -- KeyCorp (NYSE: KEY) and its banking affiliates have raised their prime lending rate to 4.75 percent from 4.00 percent, effective tomorrow, June 16, 2022. About ...

The Smartest Dividend Stocks to Buy With $400 Right Now

These two banks have among the highest yields in the banking industry.

Other symbols: C

Mark Hulbert: These 10 cheap stocks are favorites of top investment newsletters, as value keeps pounding growth

Value stocks' relative strength over growth over the past six months gives value investors a lot to cheer about, but the fact is that relative strength doesn't necessarily tend to persist.

3 Regional Banks Investors Can Bank On

With hundreds of publicly traded banks out there, finding strong candidates can be a challenge. These three companies have the financial strength, growth prospects, and income stability that investors c...

Other symbols: TFCZION

KeyBank Expands Embedded Financing Offering

Cleveland-based financial services provider KeyBank has unveiled end-to-end payment facilitation capabilities, a move the company says allows “software companies to easily own and process payments.” Key...

KEYBANK EXPANDS EMBEDDED BANKING PLATFORM WITH NEW PAYMENT FACILITATION CAPABILITIES

CLEVELAND , June 1, 2022 /PRNewswire/ -- KeyBank announced the release of its end-to-end payment facilitation capabilities, allowing software companies to easily own and process payments. The concept of...

Americans' Credit Scores Rise With Help From KeyBank Secured Credit Card

More than 15,000 clients who graduated from KeyBank's Secured Credit Card program to date have found financial mobility CLEVELAND , June 1, 2022 /PRNewswire/ -- Today, KeyBank (NYSE: KEY) announced its ...

KEYCORP TO PRESENT AT THE MORGAN STANLEY US FINANCIALS, PAYMENTS & CRE CONFERENCE

CLEVELAND , May 24, 2022 /PRNewswire/ -- KeyCorp (NYSE: KEY) announced today that Chris Gorman, Chairman and Chief Executive Officer, and Don Kimble, Vice Chairman and Chief Financial Officer, will pres...

KEYBANK AND BEACH POINT CAPITAL MANAGEMENT LAUNCH $1.5 BILLION MIDDLE MARKET DIRECT LENDING PROGRAM

KeyBank Beach Point Direct Lending Program will combine complimentary sourcing, underwriting and structuring capabilities for middle market borrowers CLEVELAND and SANTA MONICA, Calif. , May 12, 2022 /P...

KeyCorp (KEY) Expands Digital Offerings, Acquires GradFin

KeyCorp's (KEY) acquisition of GradFin is in sync with its plans to strengthen digital product offering capabilities.

KeyBank Acquires Loan Forgiveness Counseling Service GradFin

KeyBank has acquired GradFin, a Philadelphia company that provides public service loan forgiveness counseling, according to a Monday (May 9) press release. Terms of the deal were not disclosed.

KEY FAMILY WEALTH RECOGNIZED FOR 'BEST FAMILY OFFICE SOLUTION' AT THE 2022 FAMILY WEALTH REPORT AWARDS

CLEVELAND, May 5, 2022 /PRNewswire/ -- Key Family Wealth, the multi-family office division of Key Private Bank, was named "Best Family Office Solution" at the 2022 Family Wealth Report (FWR) awards. The...

KEYBANK WEALTH MANAGEMENT'S JOE CALABRESE HONORED WITH LIFETIME ACHIEVEMENT AWARD AT THE 2022 FAMILY WEALTH REPORT AW...

CLEVELAND, May 5, 2022 /PRNewswire/ -- Key Private Bank, the wealth management division of KeyCorp (NYSE: KEY), proudly announces today that Chief Operating Officer Joe Calabrese received the Lifetime A...

KeyCorp Raises Its Prime Lending Rate to 4.00 PERCENT

CLEVELAND , March 4, 2022 /PRNewswire/ -- KeyCorp (NYSE: KEY) and its banking affiliates have raised their prime lending rate to 4.00 percent from 3.50 percent, effective tomorrow, May 5, 2022. About Ke...