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 and investment products; commercial leasing, investment management, consumer finance; personal finance and financial wellness, lending, student loan refinancing, mortgage and home equity, credit card, treasury, and business advisory; and wealth management and investment services for institutional, non-profit, and high-net-worth clients. It also provides lending, cash management, equipment financing, and commercial mortgage loans; and capital market products and services, such as syndicated finance, debt and equity underwriting, fixed income and equity sales and trading, derivatives, foreign exchange, mergers and acquisition, other advisory, and public finance to large corporate and institutional clients. In addition, the company offers personal and institutional trust custody services, personal financial and planning services, access to mutual funds, treasury services, and international banking services. Further, it provides community development financing, securities underwriting, brokerage, and investment banking services, as well as merchant services. The company was founded in 1849 and is headquartered in Cleveland, Ohio.
Regulatory Tailwinds | Learn how potential easing of regulatory burdens could benefit KeyCorp, potentially lowering compliance costs and freeing up capital for growth initiatives. |
Financial Outlook | Analysts project KeyCorp's earnings power to reach $2 per share by 2027, with an average price target of $19.10, indicating potential upside for investors. |
BNS Partnership | Delve into the implications of Bank of Nova Scotia's $2.8 billion investment in KeyCorp, representing a 14.9% stake and potential for synergistic growth. |
Strategic Repositioning | Explore KeyCorp's bold $3 billion securities repositioning, aimed at driving a 20% growth in net interest income for 2025 and enhancing long-term value creation. |
Metrics to compare | KEY | Sector Sector - Average of metrics from a broad group of related Financials sector companies | Relationship RelationshipKEYPeersSector | |
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P/E Ratio | −154.5x | 7.1x | 8.9x | |
PEG Ratio | 1.33 | 1.84 | 0.03 | |
Price / Book | 1.1x | 0.9x | 1.0x | |
Price / LTM Sales | 4.1x | 2.6x | 2.7x | |
Upside (Analyst Target) | 8.2% | 0.0% | 11.8% | |
Fair Value Upside | Unlock | 24.2% | 3.1% | Unlock |