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KEY

18.55USD-0.17(-0.91%)Market Closed

KeyCorp

Market Summary

USD18.55-0.17Market Closed
-0.91%

KEY Alerts

KEY Stock Price

RSI Chart

Valuation

Market Cap

16.9B

Price/Earnings

7.49

Price/Sales

3.78

Price/Cashflow

9.88

MarketCap/EBT

6.08

Price/Sales

Profitability

EBT Margin

62.18%

Return on Equity

15.63%

Return on Assets

1.21%

Fundamentals

Revenue

Revenue (TTM)

4.8B

Revenue Y/Y

32.84%

Revenue Q/Q

21.04%

Earnings

Earnings (TTM)

2.2B

Earnings Y/Y

-15.97%

Earnings Q/Q

1.69%

Price Action

52 Week Range

15.2626.70
(Low)(High)

Last 7 days

-1.5%

Last 30 days

4.2%

Last 90 days

5.7%

Trailing 12 Months

-17.3%

Financial Health

Debt/Equity

1.15

Debt/Cashflow

0.1

Investor Care

Dividend Yield

4.25%

Dividend/Share (TTM)

0.78

Shares Dilution (1Y)

0.21%

Diluted EPS (TTM)

2.18

Peers (Alternatives to KeyCorp)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
373.5B
53.2B
6.45% -12.37%
9.57
7.02
-19.87% -18.42%
290.7B
90.7B
-0.03% -18.23%
10.38
3.2
7.11% 1.42%
175.8B
41.7B
-1.37% -3.87%
9.95
4.22
1.39% 3.49%
67.4B
20.1B
3.47% -15.91%
11.79
3.35
15.86% -3.31%
63.7B
15.3B
9.32% -16.26%
9.38
4.55
12.60% -15.83%
13.1B
2.4B
1.36% 54.12%
15.8
6.06
7.09% -15.09%
MID-CAP
10.0B
1.2B
-9.15% 11.32%
20.35
8.17
20.51% 13.63%
8.3B
1.2B
0.20% 1.88%
16.6
7.15
2.17% -28.38%
7.8B
2.3B
6.44% -16.18%
9.03
3.37
0.61% -24.32%
6.3B
1.2B
2.96% -14.10%
11.59
5.89
14.86% 10.25%
2.4B
356.7M
3.05% 13.69%
16.34
6.93
1.80% -6.63%
2.2B
428.0M
0.74% 15.23%
20.03
5.19
-8.68% -46.05%
SMALL-CAP
1.7B
195.6M
1.16% 13.70%
18.49
9.5
12.83% 17.81%
1.6B
637.0M
5.16% -3.64%
7.26
2.7
13.13% 20.37%

Financials for KeyCorp

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue8.0%4,8204,4634,3604,3674,389
Earnings Before Taxes-5.2%2,6312,7753,0263,2543,175
Net Income-4.6%2,1522,2552,4512,6252,578
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets1.6%190,051187,008181,221186,346187,035
    Cash Equivalents5.8%717678684913763
  Goodwill0%2,7522,7522,6942,6932,673
Liabilities2.4%176,761172,581165,913168,923169,525
  Long Term Debt9.9%18,25716,61710,81412,04213,165
Shareholder's Equity-7.9%13,29014,42715,30817,42317,510
  Retained Earnings2.2%15,45015,11814,79314,55314,133
  Additional Paid-In Capital0.3%6,2576,2416,2146,2786,141
Shares Outstanding0.1%924923942--
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations68.3%2,8741,7082,2391,1532,109
  Share Based Compensation3.6%115111107104104
Cashflow From Investing-2.4%-9,350.00-9,131.00-7,564.00-15,068.00-16,247.00
Cashflow From Financing-12.0%6,4307,3095,07113,73713,945
  Dividend Payments1.0%835827824823821
  Buy Backs0%181819559153

Risks

What is the probability of a big loss on KEY?

60.4%


Probability that KeyCorp stock will be more than 20% underwater in next one year

46.5%


Probability that KeyCorp stock will be more than 30% underwater in next one year.

18.9%


Probability that KeyCorp stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does KEY drawdown profile look like?

Y-axis is the maximum loss one would have experienced if KeyCorp was unfortunately bought at previous high price.

Returns

Cumulative Returns on KEY

12.0%


10-Year Cumulative Returns

8.1%


7-Year Cumulative Returns

2.9%


5-Year Cumulative Returns

3.2%


3-Year Cumulative Returns

What are the long-term rolling returns for KEY?

FIve years rolling returns for KeyCorp.

Which funds bought or sold KEY recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-23
Toroso Investments, LLC
ADDED
21.01
25,000
220,000
0.01%
2022-11-23
Eagle Bay Advisors LLC
UNCHANGED
-
35
1,000
-%
2022-11-22
CVA Family Office, LLC
REDUCED
-98.23
-19,000
-
-%
2022-11-22
B. Riley Wealth Advisors, Inc.
ADDED
29.26
215,000
1,287,000
0.04%
2022-11-22
IHT Wealth Management, LLC
NEW
-
229,000
229,000
0.02%
2022-11-22
CONTINENTAL INVESTORS SERVICES, INC.
NEW
-
221,000
221,000
0.01%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
1,367,000
1,367,000
0.02%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
REDUCED
-0.66
-2,081,000
25,176,000
0.04%
2022-11-21
FourThought Financial, LLC
UNCHANGED
-
-15,000
198,000
0.03%
2022-11-18
National Pension Service
ADDED
5.37
-529,000
26,270,000
0.06%

1–10 of 42

Latest Funds Activity

Are funds buying KEY calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own KEY

KeyCorp News

MarketBeat

Maravai LifeSciences Holdings, Inc. (NASDAQ:MRVI) Sees Significant Increase in Short Interest.10 hours ago

Yahoo Finance

InvestorPlace

KEY Fair Value

Recent SEC filings of KeyCorp

View All Filings
Date Filed Form Type Document
Nov 21, 2022
4
Insider Trading
Nov 17, 2022
8-K
Current Report
Nov 01, 2022
10-Q
Quarterly Report
Oct 20, 2022
8-K
Current Report
Oct 04, 2022
4
Insider Trading
Oct 04, 2022
4
Insider Trading
Oct 04, 2022
4
Insider Trading
Oct 04, 2022
4
Insider Trading
Oct 04, 2022
4
Insider Trading
Oct 04, 2022
4
Insider Trading

Latest Insider Trading transactions for KEY

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-11-17
Kidik Allyson M
ACQUIRED
-
-
2,190
Chief Risk Review Officer
2022-11-17
Kidik Allyson M
SOLD FOR TAXES
-12,415.5
18.67
-665
Chief Risk Review Officer
2022-09-14
Highsmith Carlton L
SOLD
-91,468
17.59
-5,200
-
2022-07-06
Waters James L
ACQUIRED
-
-
20,677
General Counsel and Secretary
2022-07-06
Waters James L
SOLD (Taxes)
-161,770
17.25
-9,378
General Counsel and Secretary
2022-07-01
Snyder Barbara R
ACQUIRED
-
-
2,698
-
2022-07-01
Hipple Richard J
ACQUIRED
-
-
8,233
-
2022-07-01
CUTLER ALEXANDER M
ACQUIRED
-
-
37,418
-
2022-05-23
Dallas H James
GIVEN BACK TO IS
-88,412
19.81
-4,463
-
2022-05-23
Dallas H James
ACQUIRED
-
-
8,928
-

1–10 of 50

Christopher M. Gorman
18415
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.

KEY Income Statement

2022-09-30
Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Millions
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
INTEREST INCOME    
Loans$ 1,134$ 882$ 2,894$ 2,659
Loans held for sale14133635
Securities available for sale196135557398
Held-to-maturity securities5543149133
Trading account assets842114
Short-term investments3294920
Other investments51115
Total interest income1,4441,0873,7173,264
INTEREST EXPENSE    
Deposits59159352
Federal funds purchased and securities sold under repurchase agreements190250
Bank notes and other short-term borrowings242366
Long-term debt14654256168
Total interest expense24871410226
NET INTEREST INCOME1,1961,0163,3073,038
Provision for credit losses109(107)237(422)
Net interest income after provision for credit losses1,0871,1233,0703,460
NONINTEREST INCOME    
Trust and investment services income127129400395
Investment banking and debt placement fees154235466614
Service charges on deposit accounts9291279247
Operating lease income and other leasing gains193779111
Corporate services income9674283212
Cards and payments income91111256329
Corporate-owned life insurance income33339994
Consumer mortgage income143349106
Commercial mortgage servicing fees4434125112
Other income[1]13201165
Total noninterest income6837972,0472,285
NONINTEREST EXPENSE    
Personnel6556401,8921,887
Net occupancy7274223225
Computer processing7767232211
Business services and professional fees4756152157
Equipment23257275
Operating lease expense24307995
Marketing30329289
Other expense178188512520
Total noninterest expense1,1061,1123,2543,259
INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES6648081,8632,486
Income taxes124165346501
INCOME (LOSS) FROM CONTINUING OPERATIONS5406431,5171,985
Income (loss) from discontinued operations22611
NET INCOME (LOSS)5426451,5231,996
Less: Net income (loss) attributable to noncontrolling interests0000
NET INCOME (LOSS) ATTRIBUTABLE TO KEY5426451,5231,996
Income (loss) from continuing operations attributable to Key common shareholders5136161,4371,905
Net income (loss) attributable to Key common shareholders$ 515$ 618$ 1,443$ 1,916
Per Common Share:    
Income (loss) from continuing operations attributable to Key common shareholders (in usd per share)$ 0.55$ 0.65$ 1.55$ 1.99
Income (loss) from discontinued operations, net of taxes (in usd per share)000.010.01
Net income (loss) attributable to Key common shareholders (in usd per share)[2]0.550.661.562.00
Per Common Share — assuming dilution:    
Income (loss) from continuing operations attributable to Key common shareholders (in usd per share)0.550.651.541.98
Income (loss) from discontinued operations, net of taxes (in usd per share)000.010.01
Net income (loss) attributable to Key common shareholders (in usd per share)[2]$ 0.55$ 0.65$ 1.55$ 1.99
Weighted-average common shares outstanding (in shares)924,594942,446924,085955,069
Effect of common share options and other stock awards (in shares)7,86110,0778,6799,712
Weighted-average Common Shares and potential Common Shares outstanding (in shares)[3]932,455952,523932,764964,781
[1]For the three and nine months ended September 30, 2022, we had a $9 million gain in net securities. For the three months ended September 30, 2021, we had a $9 million gain in net securities. For the three and nine months ended September 30, 2022, and September 30, 2021, we did not have any impairment losses related to securities.
[2]EPS may not foot due to rounding.
[3]Assumes conversion of Common Share options and other stock awards and/or convertible preferred stock, as applicable.

KEY Balance Sheet

2022-09-30
Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
ASSETS  
Cash and due from banks$ 717$ 913
Short-term investments4,89611,010
Trading account assets1,068701
Securities available for sale40,00045,364
Held-to-maturity securities (fair value: $7,596 and $7,665)8,1637,539
Other investments1,272639
Loans, net of unearned income of $326 and $373116,191101,854
Less: Allowance for loan and lease losses(1,144)(1,061)
Net loans115,047100,793
Loans held for sale[1]1,0482,729
Premises and equipment629681
Goodwill2,7522,693
Other intangible assets106130
Corporate-owned life insurance4,3514,327
Accrued income and other assets9,5358,265
Discontinued assets467562
Total assets190,051186,346
Deposits in domestic offices:  
NOW and money market deposit accounts84,16889,207
Savings deposits7,8607,503
Certificates of deposit ($100,000 or more)1,2691,705
Other time deposits4,5782,153
Total interest-bearing deposits97,875100,568
Noninterest-bearing deposits46,98052,004
Total deposits144,855152,572
Federal funds purchased and securities sold under repurchase agreements4,224173
Bank notes and other short-term borrowings4,576588
Accrued expense and other liabilities4,8493,548
Long-term debt18,25712,042
Total liabilities176,761168,923
EQUITY  
Preferred stock2,5001,900
Common Shares, $1 par value; authorized 2,100,000,000 shares; issued 1,256,702,081 shares1,2571,257
Capital surplus6,2576,278
Retained earnings15,45014,553
Treasury stock, at cost (323,763,632 and 327,852,311 shares)(5,917)(5,979)
Accumulated other comprehensive income (loss)(6,257)(586)
Total equity13,29017,423
Total liabilities and equity$ 190,051$ 186,346
[1]Total loans held for sale include real estate — residential mortgage loans held for sale at fair value of $61 million at September 30, 2022, and $281 million at December 31, 2021.