KEY Stock Analysis: KeyCorp | NYSE

Banks - Regional | NYSE, USA | Market Cap: 24.772m USD | 12M Return: 27.3% | Charts, Fundamentals & Technical Analysis

Commercial Banking, Retail Banking, Wealth Management, Investment Banking
Total Rating 40
Safety 44
Buy Signal -0.92
Banks - Regional
Industry Rotation: -5.9
Market Cap: 24.8B
Avg Turnover: 255M
Risk 3d forecast
Volatility24.1%
VaR 5th Pctl4.04%
VaR vs Median1.69%
Reward TTM
Sharpe Ratio0.93
Rel. Str. IBD64.5
Rel. Str. Peer Group27.8
Character TTM
Beta1.247
Beta Downside1.168
Hurst Exponent0.589
Drawdowns 3y
Max DD32.21%
CAGR/Max DD0.90
CAGR/Mean DD3.92
EPS (Earnings per Share) EPS (Earnings per Share) of KEY over the last years for every Quarter: "2021-06": 0.72, "2021-09": 0.65, "2021-12": 0.64, "2022-03": 0.45, "2022-06": 0.54, "2022-09": 0.55, "2022-12": 0.38, "2023-03": 0.3, "2023-06": 0.27, "2023-09": 0.29, "2023-12": 0.03, "2024-03": 0.2, "2024-06": 0.25, "2024-09": -0.47, "2024-12": 0.38, "2025-03": 0.33, "2025-06": 0.35, "2025-09": 0.41, "2025-12": 0.41, "2026-03": 0.44, "2026-06": 0.44,
EPS CAGR: 50.16%
EPS Trend: 26.2%
Last SUE: 0.08
Qual. Beats: 0
Revenue Revenue of KEY over the last years for every Quarter: 2021-06: 1789, 2021-09: 1828, 2021-12: 1942, 2022-03: 1690, 2022-06: 1785, 2022-09: 1879, 2022-12: 1891, 2023-03: 1707, 2023-06: 2578, 2023-09: 2648, 2023-12: 2616, 2024-03: 2638, 2024-06: 2678, 2024-09: 1865, 2024-12: 1874, 2025-03: 2698, 2025-06: 2797, 2025-09: 2833, 2025-12: 2860, 2026-03: 2728, 2026-06: 2059,
Rev. CAGR: 4.94%
Rev. Trend: 52.1%
Last SUE: 0.08
Qual. Beats: 0

Warnings

Below Avwap Earnings

Tailwinds

No distinct edge detected

Seasonality 10.5 years of data

Jan +2.6% 33
Feb -1.2% 26
Mar -9.2% 61
Apr -0.5% 5
May -1.6% 11
Jun +1.9% 26
Jul +1.6% 9
Aug -0.9% 19
Sep -2.5% 26
Oct +0.0% 11
Nov +4.3% 50
Dec -0.6% 8

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: KEY KeyCorp

KeyCorp is the parent holding company for KeyBank National Association, a U.S. regional bank that delivers retail and commercial banking services across two reporting segments: Consumer Bank and Commercial Bank. Its offerings span deposits, personal lending, mortgage and home equity products, credit cards, student loan refinancing, wealth management, and financial advisory services for retail, institutional, nonprofit, and high-net-worth clients, while its commercial arm provides lending, cash management, equipment financing, commercial mortgages, capital markets, syndicated finance, underwriting, sales and trading, derivatives, and M&A advisory. The company also supports public finance, securities underwriting and brokerage, investment banking, merchant services, and community development financing, and was founded in 1849 with headquarters in Cleveland, Ohio.

As a GICS-classified Regional Bank under Financials, KeyCorp follows a diversified super-regional bank model that combines traditional spread-based consumer and commercial banking with fee-generating capital markets and wealth management businesses, a structure designed to balance net interest income with cyclical, transaction-based revenue streams.

Headlines to Watch Out For
  • Net interest margin compresses as Fed cuts rates
  • Commercial real estate loan losses pressure provisions
  • Capital returns resume after Fed stress test approval
Piotroski VR-10 (Strict) 5.0
Net Income: 2.03b TTM > 0 and > 6% of Revenue
FCF/TA: 0.01 > 0.02 and ΔFCF/TA 1.08 > 1.0
NWC/Revenue: -973.8% < 20% (prev 204.3%; Δ -1.18k% < -1%)
CFO/TA 0.01 > 3% & CFO 2.29b > Net Income 2.03b
Net Debt (-25.5b) to EBITDA (1.91b): -13.36 < 3
Current Ratio: 0.35 > 1.5 & < 3
Outstanding Shares: last quarter (1.07b) vs 12m ago -2.62% < -2%
Gross Margin: 64.48% > 18% (prev 49.82%; Δ 14.66% > 0.5%)
Asset Turnover: 5.56% > 50% (prev 4.98%; Δ 0.58% > 0%)
Interest Coverage Ratio: 0.56 > 6 (EBIT TTM 1.89b / Interest Expense TTM 3.40b)
Altman Z'' -3.04
A: -0.53 (Total Current Assets 54.7b - Total Current Liabilities 157b) / Total Assets 191b
B: 0.08 (Retained Earnings 15.9b / Total Assets 191b)
C: 0.01 (EBIT TTM 1.89b / Avg Total Assets 188b)
D: 0.12 (Book Value of Equity 19.8b / Total Liabilities 172b)
Altman-Z'' = -3.04 = D
What is the price of KEY shares?

As of July 28, 2026, the stock is trading at USD 22.51 with a total of 7,339,887 shares traded. Over the past week, the price has changed by -3.47%, over one month by -2.76%, over three months by +3.76% and over the past year by +27.26%.

Current recommended Stop Loss: 21.90 (which is 2.7% or 1.3 ATR below the current price).

Is KEY a buy, sell or hold?

KeyCorp has received a consensus analysts rating of 3.89. Therefore, it is recommended to buy KEY.

  • StrongBuy: 7
  • Buy: 3
  • Hold: 9
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the KEY price?
Analysts Target Price 25.9 14.8%
KeyCorp (KEY) - Fundamental Data Overview as of 24 July 2026
Market Cap USD = 24.8b (24.8b USD * 1.0 USD.USD)
P/E Trailing = 14.3438
P/E Forward = 12.8205
P/S = 3.3611
P/B = 1.4069
P/EG = 1.7563
Revenue TTM = 10.5b USD
EBIT TTM = 1.89b USD
EBITDA TTM = 1.91b USD
Long Term Debt = 9.92b USD (from longTermDebt, last fiscal year)
Short Term Debt = 3.68b USD (from shortTermDebt, last quarter)
Debt = 14.7b USD (from shortLongTermDebtTotal, last quarter) + Leases 3.00m
Net Debt = -25.5b USD (calculated: Debt 14.7b - CCE 40.2b)
Enterprise Value = 24.8b USD (floored to Market Cap, CCE > MCap+Debt)
Interest Coverage Ratio = 0.56 (Ebit TTM 1.89b / Interest Expense TTM 3.40b)
EV/FCF = 11.38x (Enterprise Value 24.8b / FCF TTM 2.18b)
FCF Yield = 8.79% (FCF TTM 2.18b / Enterprise Value 24.8b)
FCF Margin = 20.77% (FCF TTM 2.18b / Revenue TTM 10.5b)
Net Margin = 19.37% (Net Income TTM 2.03b / Revenue TTM 10.5b)
Gross Margin = 64.48% ((Revenue TTM 10.5b - Cost of Revenue TTM 3.72b) / Revenue TTM)
Gross Margin QoQ = 60.71% (prev 67.41%)
Tobins Q-Ratio = 0.13 (Enterprise Value 24.8b / Total Assets 191b)
Interest Expense / Debt = 23.22% (Interest Expense 3.40b / Debt 14.7b)
Taxrate = 20.55% (525.0m / 2.56b)
NOPAT = 1.50b (EBIT 1.89b * (1 - 20.55%))
Current Ratio = 0.35 (Total Current Assets 54.7b / Total Current Liabilities 157b)
Debt / Equity = 0.74 (Debt 14.7b / totalStockholderEquity, last quarter 19.8b)
Debt / EBITDA = -13.36 (Net Debt -25.5b / EBITDA 1.91b)
Debt / FCF = -11.72 (Net Debt -25.5b / FCF TTM 2.18b)
Total Stockholder Equity = 20.1b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.08% (Net Income 2.03b / Total Assets 191b)
RoE = 10.12% (Net Income TTM 2.03b / Total Stockholder Equity 20.1b)
RoCE = 6.31% (EBIT 1.89b / Capital Employed (Equity 20.1b + L.T.Debt 9.92b))
RoIC = 3.99% (NOPAT 1.50b / Invested Capital 37.7b)
WACC = 13.37% (E(24.8b)/V(39.4b) * Re(10.37%) + D(14.7b)/V(39.4b) * Rd(23.22%) * (1-Tc(0.21)))
Discount Rate = 10.37% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 81.46 | Cagr: 6.13%
[DCF] Terminal Value 63.48% ; FCFF base≈1.35b ; Y1≈1.54b ; Y5≈2.27b
[DCF] Fair Price = 40.34 (EV 18.0b - Net Debt -25.5b = Equity 43.5b / Shares 1.08b; r=13.37% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 26.18 | EPS CAGR: 50.16% | SUE: 0.08 | # QB: 0
Revenue Correlation: 52.13 | Revenue CAGR: 4.94% | SUE: 0.08 | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.47 | Chg30d=+1.03% | Revisions=+25% | Analysts=12
EPS current Year (2026-12-31): EPS=1.83 | Chg30d=+0.15% | Revisions=+0% | GrowthEPS=+21.7% | GrowthRev=+7.5%
EPS next Year (2027-12-31): EPS=2.15 | Chg30d=-0.07% | Revisions=+17% | GrowthEPS=+17.7% | GrowthRev=+6.7%
[Analyst] Revisions Ratio: +22% (up=4, down=2)