KeyCorp (KEY)
| Market Cap | 12.58B |
| Revenue (ttm) | 6.09B |
| Net Income (ttm) | 1.15B |
| Shares Out | 936.26M |
| EPS (ttm) | 1.24 |
| PE Ratio | 10.44 |
| Forward PE | 11.09 |
| Dividend | $0.82 (6.34%) |
| Ex-Dividend Date | Nov 27, 2023 |
| Volume | 21,358,240 |
| Open | 13.25 |
| Previous Close | 13.44 |
| Day's Range | 12.76 - 13.25 |
| 52-Week Range | 8.54 - 20.30 |
| Beta | 1.32 |
| Analysts | Buy |
| Price Target | 14.91 (+15.22%) |
| Earnings Date | Jan 18, 2024 |
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]
Financial Performance
In 2022, KeyCorp's revenue was $6.74 billion, a decrease of -12.23% compared to the previous year's $7.68 billion. Earnings were $1.80 billion, a decrease of -28.58%.
Financial StatementsAnalyst Forecast
According to 17 analysts, the average rating for KEY stock is "Buy." The 12-month stock price forecast is $14.91, which is an increase of 15.22% from the latest price.
News
KeyCorp stock falls on lower non-interest income forecast
KeyCorp.'s stock KEY, -3.52% was down 3.8% on Tuesday after the bank lowered its fourth-quarter outlook for non-interest income to drop by 5% to 8% from the previous quarter. The bank's prior estimate...
KeyBank's Expanded Relationship Benefits and New Perks Offer Consumers More Flexibility and Control of Their Finances
Expanded relationship benefits for consumers who bank with Key include discounted rates on personal loans and home lending products to keep clients moving forward on their financial journeys CLEVELAND...
KEYCORP TO PRESENT AT THE GOLDMAN SACHS 2023 U.S. FINANCIAL SERVICES CONFERENCE
CLEVELAND , Nov. 20, 2023 /PRNewswire/ -- KeyCorp (NYSE: KEY) announced today that Chris Gorman, Chairman and Chief Executive Officer, and Clark Khayat, Chief Financial Officer, will present at the Go...
KEYCORP DECLARES QUARTERLY CASH DIVIDEND ON COMMON SHARES AND PREFERRED STOCKS
CLEVELAND , Nov. 16, 2023 /PRNewswire/ -- KeyCorp (NYSE: KEY) announced today that its Board of Directors declared the following dividends for the fourth quarter of 2023: A cash dividend of $0.205 per...
Why this Dow stock went from worst in 2022 to first in 2023 — and 13 turnaround candidates for 2024
Stocks' yearly performance rankings are a field day for contrarians: One year's worst often are the subsequent year's best, and vice versa.
JPMorgan's and PNC's mixed outlook on net interest income draws attention from analyst after industry gathering
Big U.S. banks have signaled that they expect net interest income to bottom out in the next few quarters as they keep an eye on whether the cost of consumer deposits will come down, a bank analyst sai...
Here's why KBW upgraded KeyCorp to outperform from market perform
David Konrad, KBW managing director, joins 'Squawk on the Street' to discuss why KBW decided to upgrade Keycorp's stock, what needs to happen for Konrad's thesis to come to fruition, and more.
US regional banks shares surge after Bill Gross says they have hit bottom
Shares of a handful of U.S. regional banks popped on Thursday after famed bond investor Bill Gross said the danger in investing in them had passed.
Albany Black Chamber of Commerce Awarded $200,000 Grant from KeyBank Foundation
KeyBank Foundation Impact Grant will provide Albany Black Chamber of Commerce (ABCC) $200,000 to help ABCC build a more vital, sustainable organization to serve its members and the community ALBANY, N...
$400,000 Investment by KeyBank to Help NeighborWorks Western Pennsylvania Expand Efforts to Increase Equity in Homeownership in the Region
Program will focus on Black individuals and families who have historically had inequitable access to homeownership PITTSBURGH , Oct. 31, 2023 /PRNewswire/ -- KeyBank is investing $400,000 in NeighborW...
Bill Gross Is Staying Away From Regional Banks. Except for These Three.
The former bond king has been buying "a little" of Citizens Financial, Truist Financial, and KeyCorp.
KeyBank Now Offering Financing Options for Manufactured Homes
With new options to finance manufactured homes, KeyBank is further committing to making the path to homeownership easier and more equitable CLEVELAND , Oct. 26, 2023 /PRNewswire/ -- Today, KeyBank (NY...
KEYCORP TO PRESENT AT THE BANCANALYSTS ASSOCIATION OF BOSTON CONFERENCE
CLEVELAND , Oct. 25, 2023 /PRNewswire/ -- KeyCorp (NYSE: KEY) announced today that Clark Khayat, Chief Financial Officer, Angela Mago, Head of Commercial Banking, and Randy Paine, Head of Institutiona...
Regional Lenders Are Getting Smaller to Stay Afloat
America's regional banks are reportedly hoping to get healthier by getting smaller. As The Wall Street Journal (WSJ) reported Monday (Oct. 23), these lenders are scaling back following a quarter that ...
Regional Bank Stocks' Gains Belie Their Q3 Results
From a stock market standpoint, regional U.S. banks have stabilized after this spring's banking turmoil. But that recovery belies their deteriorating financial performance.
KEYCORP REPORTS THIRD QUARTER 2023 NET INCOME OF $266 MILLION, OR $.29 PER DILUTED COMMON SHARE
Strong balance sheet with significant capital build: Common Equity Tier 1 of 9.8%(a), up 50 basis points from the prior quarter and above targeted range Focus on relationships and balance sheet optimi...
3 Dividend Growth Stocks With 6% to 8% Yields
Geopolitical turmoil in Ukraine and Israel. J.P. Morgan CEO Jamie Dimon's stark warning about not only military conflict but also the burgeoning national debt.
KeyBank Ranks among Top SBA Lenders in Country
KeyBank ranks in top 15 nationally for both SBA 7(a) and SBA 504 lending programs for SBA 2023 fiscal year for unit volumes CLEVELAND , Oct. 16, 2023 /PRNewswire/ -- Today, KeyBank (NYSE: KEY) announc...
CFRA's Ken Leon says deposit risks are still a concern for regional banks
Ken Leon, CFRA Director of Equity Research, joins 'Closing Bell: Overtime' to discuss bank earnings and what to expect next week from regionals.
KeyBank Opens New, Full-Service Branch in West Valley City
October 20-21 ribbon cutting and grand opening festivities also include $10,000 in donations to local nonprofit WEST VALLEY CITY, Utah , Oct. 10, 2023 /PRNewswire/ -- KeyBank announced the opening of ...
KEYBANK PROVIDES $14.6 MILLION OF FINANCING FOR SUPPORTIVE HOUSING IN TACOMA, WASHINGTON
CLEVELAND , Oct. 3, 2023 /PRNewswire/ -- KeyBank Community Development Lending and Investment (CDLI) provided $14.6 million financing for the construction of New Life Homes, a 60-unit low-income housi...
SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of KeyCorp of a Class Action Lawsuit and a Lead Plaintiff Deadline of October 3, 2023 - (NYSE: KEY)
NEW YORK , Oct. 3, 2023 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of KeyCorp. Shareholders who purchased shares of KEY during the class period listed are encourage...
FINAL DEADLINE TODAY: The Schall Law Firm Encourages Investors in KeyCorp with Losses of $100,000 to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / October 3, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against KeyCorp ("Key" or "the Company"...
The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against KeyCorp (KEY)
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz reminds investors of the upcoming October 3, 2023 deadline to file a lead plaintiff motion in the class action filed on behalf of investo...