KeyCorp
About: With assets of over $185 billion, Ohio-based KeyCorp's bank footprint spans 16 states, but it is predominantly concentrated in its two largest markets: Ohio and New York. KeyCorp is primarily focused on serving middle-market commercial clients through a hybrid community/corporate bank model.
Employees: 17,406
0
Funds holding %
of 7,425 funds
0
Analysts bullish %
of 8 analysts
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
31% more first-time investments, than exits
New positions opened: 105 | Existing positions closed: 80
13% more repeat investments, than reductions
Existing positions increased: 292 | Existing positions reduced: 258
2% more funds holding
Funds holding: 778 [Q3] → 790 (+12) [Q4]
1% less capital invested
Capital invested by funds: $13.3B [Q3] → $13.1B (-$181M) [Q4]
4% less call options, than puts
Call options by funds: $121M | Put options by funds: $125M
7.03% less ownership
Funds ownership: 84.42% [Q3] → 77.39% (-7.03%) [Q4]
33% less funds holding in top 10
Funds holding in top 10: 3 [Q3] → 2 (-1) [Q4]
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$16
8%
upside
Avg. target
$18.44
24%
upside
High target
$20
35%
upside
8 analyst ratings
4 positive
50%
4 neutral
50%
0 negative
0%
Truist Securities Brian Foran 43% 1-year accuracy 9 / 21 met price target | 8%upside $16 | Hold Maintained | 22 Apr 2025 |
Keefe, Bruyette & Woods David Konrad 42% 1-year accuracy 13 / 31 met price target | 21%upside $18 | Outperform Maintained | 21 Apr 2025 |
Barclays Jason Goldberg 52% 1-year accuracy 33 / 63 met price target | 35%upside $20 | Equal-Weight Maintained | 21 Apr 2025 |
Baird David George 50% 1-year accuracy 7 / 14 met price target | 21%upside $18 | Outperform Upgraded | 7 Apr 2025 |
JP Morgan Vivek Juneja 40% 1-year accuracy 4 / 10 met price target | 11%upside $16.50 | Neutral Maintained | 3 Apr 2025 |
Financial journalist opinion
Based on 17 articles about KEY published over the past 30 days
Neutral
PRNewsWire
5 hours ago
KeyBank Heritage Center Opens to Celebrate Bank's Bicentennial and Commitment to Communities it Serves
State of the art museum with interactive exhibits highlights the bank's 200-year history and shows that yesterday, today, and tomorrow, Key will be here to serve clients and communities CLEVELAND , April 30, 2025 /PRNewswire/ -- Today, as part of its bicentennial celebration, KeyBank (NYSE: KEY) held a grand opening at its new Heritage Center in Cleveland. As part of the celebration, KeyCorp Chairman and CEO Chris Gorman took part in a ribbon cutting with Key teammates and local dignitaries.
Positive
Seeking Alpha
1 week ago
KeyCorp: Still Favoring The Series I Preferred Shares
KeyCorp's preferred shares, particularly the Series I, offer a compelling yield with a favorable outlook, given the bank's strong financial positioning and potential for rate cuts. First quarter earnings show improved net interest margin and net interest income, positioning KeyCorp well for a lower interest rate environment. KeyCorp's strategic growth in deposits and reduction in external debt enhance its ability to fund future loan growth, improving overall financial health.
Positive
Seeking Alpha
1 week ago
KeyCorp: Solid Q1 And Strong Capital Positions It As A Winner
KeyCorp's solid Q1 results and strategic capital raise from Scotiabank have strengthened its balance sheet, positioning it well for a potential economic downturn. Despite a 25% stock decline since my last "buy" rating, I am increasingly bullish due to NII momentum and a robust capital position. Favorable net interest trends and strong reserves, combined with prudent credit quality management, support KEY's resilience amidst economic uncertainties.
Positive
PYMNTS
1 week ago
KeyCorp's Commercial Payments Business Grows Despite Macro Uncertainty
KeyCorp's latest earnings results showed growth in deposits, while management pointed to momentum in payments, including commercial payments, that should prove resilient even in the face of tariff-induced macroeconomic headwinds. The presentation materials released Thursday (April 17) indicate that average commercial loans were up 0.
Positive
Zacks Investment Research
1 week ago
KeyCorp's Q1 Earnings Beat Estimates, NII & Fee Income Rise Y/Y
KEY's first-quarter results top estimates on higher NII & non-interest income alongside lower expenses. However, weak asset quality is a woe.
Neutral
Seeking Alpha
1 week ago
KeyCorp (KEY) Q1 2025 Earnings Call Transcript
KeyCorp (NYSE:KEY ) Q1 2025 Earnings Conference Call April 17, 2025 8:00 AM ET Company Participants Brian Mauney - Director of IR Chris Gorman - Chairman and CEO Clark Khayat - CFO Conference Call Participants Mike Mayo - Wells Fargo Manan Gosalia - Morgan Stanley Ebrahim Poonawala - Bank of America Peter Winter - D.A. Davidson & Co. Nathan Stein - Deutsche Bank Operator Good morning, and welcome to KeyCorp's First Quarter 2025 Earnings Conference Call.
Positive
Zacks Investment Research
1 week ago
KeyCorp (KEY) Reports Q1 Earnings: What Key Metrics Have to Say
Although the revenue and EPS for KeyCorp (KEY) give a sense of how its business performed in the quarter ended March 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Positive
Zacks Investment Research
1 week ago
KeyCorp (KEY) Q1 Earnings and Revenues Surpass Estimates
KeyCorp (KEY) came out with quarterly earnings of $0.33 per share, beating the Zacks Consensus Estimate of $0.32 per share. This compares to earnings of $0.22 per share a year ago.
Neutral
PRNewsWire
1 week ago
KEYCORP REPORTS FIRST QUARTER 2025 NET INCOME OF $370 MILLION, OR $.33 PER DILUTED COMMON SHARE
Revenue of $1.8 billion, up 16% year-over-year; noninterest expense down 1% year-over-year Net interest income up 4% quarter-over-quarter Improved credit metrics - nonperforming assets declined by 9% and net charge-offs by 4% quarter-over-quarter Common equity tier 1 ratio of 11.8%, up ~150 basis points year-over-year CLEVELAND , April 17, 2025 /PRNewswire/ -- KeyCorp (NYSE: KEY) today announced net income from continuing operations attributable to Key common shareholders of $370 million, or $.33 per diluted common share for the first quarter of 2025. For the fourth quarter of 2024, KeyCorp reported a net loss from continuing operations attributable to Key common shareholders of $(279) million, or $(.28) per diluted common share, or adjusted net income of $378 million, or $.38 per diluted common share(a).
Neutral
Benzinga
1 week ago
KeyCorp Gears Up For Q1 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
KeyCorp KEY will release earnings results for the first quarter, before the opening bell on Thursday, April 17.
Charts implemented using Lightweight Charts™