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KeyCorp

KeyCorp

KEY
$23.55USD↓-1.83%-0.44 today

MARKET CAP

25.4B

P/E (TTM)

14.6x

FWD P/E

11.8x

DAY RANGE

$23 – $24

52W RANGE

$16
$24

AI Summary

Stalk
StalkMedium

KEY is in a Stage 2 advancing regime with strong secular uptrend, but price is extended above its rising EMAs and overbought, signaling short-term timing is unfavorable. Under a Value + EPS approach, entry is deferred to a pullback into the dynamic EMA support range for improved risk-reward.

  • ↑Q1 2026 EPS $0.44, up 33% YoY; revenue +10% to $1.09 B.
  • ↑Commercial loans grew $3.3 B (4% seq.); pipelines +20% since year-end.
  • ↓Negative profitability factor suggests operational inefficiencies despite revenue gains.
Full analysis →

The case for & against

Bull & Bear analysis

Bullish

KeyCorp (NYSE: KEY) is a prominent regional bank holding company based in Cleveland, Ohio, primarily operating through its KeyBank subsidiary. The company offers a wide array of financial services, including retail and commercial banking, investment banking, and asset management. KeyCorp is strategically positioned to leverage its strengths in commercial lending and wealth management, focusing on creating value through customer relationships and innovative service delivery in the midst of a dynamic economic landscape.

Bull says

  • ↑Q1 2026 EPS $0.44, up 33% YoY; revenue +10% to $1.09 B.
  • ↑Commercial loans grew $3.3 B (4% seq.); pipelines +20% since year-end.
  • ↑Guided $1.3 B share buybacks for 2026; $400 M repurchased in Q1.
  • ↑Investing $1 B in AI-driven tech to boost service delivery and efficiency.
  • ↑Analyst average target $47.34 vs. $23.25 share price signals >100% upside.
  • ↑High earnings yield and attractive book-to-price ratio underpin valuation.

Bear says

  • ↓Negative profitability factor suggests operational inefficiencies despite revenue gains.
  • ↓Growth factor is negative, indicating uncertain earnings revisions ahead.
  • ↓Competitive loan/deposit pricing pressure may compress net interest margins.
  • ↓Macro headwinds pose credit quality risks in consumer discretionary and healthcare.
  • ↓NIM at 2.87%, below the 3% year-end target, may strain margins.
  • ↓Economic and geopolitical uncertainty could delay client activity and revenues.

Investment themes with KEY

High Dividend Yield↑ +0.32%

Companies paying above-average dividends

AVGO · JPM · XOM
Large Banks↑ +0.50%

MS · GS · BAC

Earnings Call · Q1 2026 · Mgmt. Guidance

Updated 04-20-2026neutral

Transcript signals

Bull points

  • We continue to hire people in all of those businesses. Those are our targeted fee businesses where you'll see in our report out today we grew about 12% in the aggregate.
  • We expect to repurchase at least $300 million of our shares per quarter for the balance of the year, which implies at least $1.3 billion for the full year.
  • We now expect full year net interest income growth of 9 to 10% compared to our prior guide of 8 to 10%.

Bear points

  • we're adding bankers in new geographies with new capabilities in the middle market because we see exactly what you're referencing, which is really good opportunity to grow in specific geographies.
  • The biggest pull is going to be operational. This is a technology business, so whether it's fraud or security, and often the easiest doors in are through clients who aren't necessarily educated enough to manage the risk.
  • Non-performing assets increased by $65 million sequentially, back to third quarter 2025 levels, and remained below historical levels at 63 basis points.
Read full transcript analysis ›