KeyCorp (KEY)

KeyCorp's stock price has increased by 42.42% over the last 12 months. KeyCorp reported Q4 2025 earnings that surpassed revenue expectations, with sales up 12.5% year-over-year. KeyCorp shared insights into its market strategies and financial outlook at the Goldman Sachs U.S. Financial Services Conference. KeyBank National Association redeemed all of its outstanding 4.700% Fixed Rate Senior Bank Notes due January 26, 2026. KeyCorp delivered strong Q1 2026 earnings, exceeding EPS and revenue estimates, with loan growth and net interest margin expansion, and repurchased $389 million in shares. Analysts hold a "Buy" consensus rating with an average price target of $22.78.

KeyCorp experiences demand seasonality, particularly affecting deposits, with a seasonal decrease in commercial deposit balances observed in the first quarter of 2025 and 2026. Seasonality, the overall health of the economy, and regulatory impacts can influence the profitability of market segments like commercial real estate, healthcare, finance, and utilities. Investment banking and debt placement fees showed cyclicality or seasonality in capital markets activity.

KeyCorp is a bank holding company headquartered in Cleveland, Ohio, operating primarily through KeyBank National Association. It offers financial products and services to individuals, small businesses, and large corporations through its Consumer Bank and Commercial Bank segments. The Consumer Bank provides deposit and investment products, lending services, and wealth management, while the Commercial Bank serves middle-market and institutional clients with services like syndicated finance, capital markets, and financial advisory.

KeyCorp's consumer banking operations span 15 states, with a significant presence in Ohio, New York, and Washington, supported by approximately 1,000 retail branches and 1,200 ATMs. Its commercial banking reach extends nationally with business offices in 39 states.

KeyCorp has received positive recognition for its services, including being named "Best Bank in Small Business and Middle Market Banking" and "Regional Private Bank" at the 2026 Family Wealth Report Awards. It was also listed among "America's Most Cybersecure Banks" in 2024 by Forbes. KeyCorp emphasizes community investments and an inclusive work environment. However, the company acknowledges potential reputational risks from negative public opinion, disruptions to banking services, cybersecurity events, and the use of models and generative AI. A "High Risk" rating from 1792 Exchange cited KeyCorp's public advocacy for sex and gender ideology.

KeyCorp's ownership is primarily held by institutional investors, who collectively hold approximately 79.69% of the stock. Major institutional shareholders include Bank Of Nova Scotia, Vanguard Group Inc., BlackRock, Inc., and State Street Corp. Individual insider ownership accounts for approximately 15.21%, while public companies and individual investors hold about 30.83% of the company's stock.