-2.09%
1.82%
2.41%
21.83%
23.80%
-31.26%
-7.24%
AI Spotlight on KEY
Company Description
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 and related services to individuals and small and medium-sized businesses.
It also provides a suite of banking and capital market products, such as syndicated finance, debt and equity capital market products, commercial payments, equipment finance, commercial mortgage banking, derivatives, foreign exchange, financial advisory, and public finance, as well as commercial mortgage loans comprising consumer, energy, healthcare, industrial, public sector, real estate, and technology loans for middle market clients.In addition, the company offers community development financing, securities underwriting, brokerage, and investment banking services.As of December 31, 2021, it operated through a network of approximately 999 branches and 1,317 ATMs in 15 states, as well as additional offices, online and mobile banking capabilities, and a telephone banking call center.
KeyCorp was founded in 1849 and is headquartered in Cleveland, Ohio.
Market Data
| Last Price | 17.61 |
| Change Percentage | -2.09% |
| Open | 17.44 |
| Previous Close | 17.98 |
| Market Cap ( Millions) | 19485 |
| Volume | 3699867 |
| Year High | 20.04 |
| Year Low | 13.11 |
| M A 50 | 18.02 |
| M A 200 | 16.31 |
Financial Ratios
| FCF Yield | -0.32% |
| Dividend Yield | 4.66% |
| ROE | 0.70% |
| Debt / Equity | 1430.65% |
| Net Debt / EBIDTA | 2142.71% |
| Price To Book | 17.47 |
| Price Earnings Ratio | 210.14 |
| Price To FCF | -309.46 |
| Price To sales | 2.39 |
| EV / EBITDA | 54.87 |
News
- Jan -31 - KEYCORP TO PRESENT AT THE BANK OF AMERICA SECURITIES 2025 FINANCIAL SERVICES CONFERENCE
- Jan -28 - KeyBank Begins Bicentennial Celebration of its Enduring Commitment to Clients, Teammates and Communities
- Jan -23 - KeyCorp: Strong NII Outlook For 2025
- Jan -22 - KeyCorp Analysts Slash Their Forecasts After Q4 Results
- Jan -21 - KeyCorp Eyes Embedded Banking Expansion as Deposits Climb in Q4
- Jan -21 - KeyCorp (KEY) Q4 2024 Earnings Call Transcript
- Jan -21 - KeyCorp's Q4 Earnings Beat on NII, Stock Dips on Weak Asset Quality
- Jan -21 - Compared to Estimates, KeyCorp (KEY) Q4 Earnings: A Look at Key Metrics
- Jan -21 - KeyCorp (KEY) Q4 Earnings and Revenues Top Estimates
- Jan -21 - KEYCORP REPORTS FOURTH QUARTER 2024 NET LOSS OF $(279) MILLION, OR $(.28) PER DILUTED COMMON SHARE, AND ADJUSTED NET INCOME OF $378 MILLION, OR $.38 PER DILUTED COMMON SHARE(a)
- Jan -17 - Fee Income & NII to Aid KeyCorp's Q4 Earnings, High Provisions to Hurt
- Jan -17 - KeyCorp Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
- Jan -16 - KEYCORP DECLARES QUARTERLY CASH DIVIDEND ON COMMON SHARES AND PREFERRED STOCKS; SETS ANNUAL MEETING DATE
- Jan -15 - Seeking Clues to KeyCorp (KEY) Q4 Earnings? A Peek Into Wall Street Projections for Key Metrics
- Jan -15 - KEYCORP ANNOUNCES APPOINTMENT OF MOHIT RAMANI AS CHIEF RISK OFFICER
- Jan -14 - New Study Shows Financial Imposter Syndrome Fuels Consumer Anxieties
- Jan -12 - Stanley Druckenmiller Closed Out 22 Positions And Rolled the Proceeds Into These 3 Stocks
- Jan -09 - Buy 6 'Safer' Dividend Dogs Of 23 January Barron's Better Bets Than T-Bills
- Jan -08 - 8 Stocks' Huge Profit Growth Is About To Knock Your Socks Off
- Jan -06 - KeyBank Appoints Robert Weiss to Lead Family Wealth Business
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Commercial Bank
Expected Growth : 6.4 %
What the company do ?
KeyBank, a subsidiary of KeyCorp, is a commercial bank providing financial services, including lending, deposit, and investment products to individuals and businesses.
Why we expect these perspectives ?
KeyCorp's 6.4% growth is driven by strong loan growth, fueled by a robust commercial and industrial lending pipeline, as well as solid deposit growth. Additionally, the bank's focus on digital transformation, cost savings initiatives, and strategic acquisitions have contributed to its growth momentum.
Segment n°2 -> Consumer Bank
Expected Growth : 4.77 %
What the company do ?
Consumer Bank from KeyCorp provides personal banking services, including checking, savings, credit cards, loans, and investment products to individuals and families.
Why we expect these perspectives ?
KeyCorp's Consumer Bank segment growth of 4.77% is driven by increasing consumer spending, low unemployment rates, and rising wages. Additionally, the bank's strategic investments in digital transformation, expansion of its branch network, and targeted marketing efforts have contributed to the growth. Furthermore, the bank's focus on customer experience and relationship-building has led to increased customer loyalty and retention.
Segment n°3 -> Other
Expected Growth : 5.83 %
What the company do ?
KeyCorp's Other segment includes its corporate treasury, community development, and other unallocated corporate expenses.
Why we expect these perspectives ?
KeyCorp's 5.83% growth is driven by strategic acquisitions, expansion into high-growth markets, and a focus on digital transformation. Additionally, the company's diversified revenue streams, including investment banking and wealth management, contribute to its growth. Furthermore, KeyCorp's strong risk management practices and solid capital position enable it to invest in growth initiatives.
Keycorp Products
| Product Range | What is it ? |
|---|---|
| Consumer Banking | KeyCorp's consumer banking segment offers a range of personal banking products and services, including checking and savings accounts, credit cards, personal loans, and mortgages. |
| Commercial Banking | KeyCorp's commercial banking segment provides financial solutions to small and medium-sized businesses, including cash management, lending, and treasury services. |
| Corporate Banking | KeyCorp's corporate banking segment offers customized financial solutions to large corporations, including capital markets, treasury services, and risk management. |
| Investment Banking | KeyCorp's investment banking segment provides advisory services, capital markets, and transaction execution to corporations, governments, and financial institutions. |
| Wealth Management | KeyCorp's wealth management segment offers investment management, trust services, and financial planning to individuals, families, and institutions. |
KeyCorp's Porter Forces
Threat Of Substitutes
KeyCorp operates in a highly competitive industry, and customers have various alternatives to choose from. However, the company's strong brand recognition and customer loyalty mitigate the threat of substitutes.
Bargaining Power Of Customers
KeyCorp's customers have significant bargaining power due to the availability of alternative banking services. The company needs to maintain strong relationships with its customers to retain their business.
Bargaining Power Of Suppliers
KeyCorp has a diverse supplier base, which reduces the bargaining power of individual suppliers. The company's strong financial position also gives it negotiating power in supplier relationships.
Threat Of New Entrants
The banking industry has significant barriers to entry, including regulatory hurdles and capital requirements. This limits the threat of new entrants and allows KeyCorp to maintain its market position.
Intensity Of Rivalry
The banking industry is highly competitive, with many established players competing for market share. KeyCorp needs to maintain its competitive edge through innovative products and services to stay ahead of its rivals.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 60.74% |
| Debt Cost | 8.57% |
| Equity Weight | 39.26% |
| Equity Cost | 10.36% |
| WACC | 9.27% |
| Leverage | 154.71% |
KeyCorp : Quality Control
KeyCorp passed 3 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| CMA | Comerica Incorporated, through its subsidiaries, provides various financial products and services. It operates through Commercial Bank, Retail Bank, Wealth Management, and Finance segments. The Commercial Bank segment offers various products … |
| FHN | First Horizon Corporation operates as the bank holding company for First Horizon Bank that provides various financial services. The company operates through three segments: Regional Banking, Specialty Banking, and Corporate. … |
| RF | Regions Financial Corporation, a financial holding company, provides banking and bank-related services to individual and corporate customers. It operates through three segments: Corporate Bank, Consumer Bank, and Wealth Management. The … |
| FNB | F.N.B. Corporation, a financial holding company, provides a range of financial services primarily to consumers, corporations, governments, and small- to medium-sized businesses. The company operates through three segments: Community Banking, … |
| ZION | Zions Bancorporation, National Association provides various banking and related services primarily in the states of Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming. The company … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Regions Financial
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First Horizon
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Comerica
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4
FNB
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Zions Bank
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6
