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 7,407 funds
0
Analysts bullish %
of 10 analysts
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
33% more first-time investments, than exits
New positions opened: 105 | Existing positions closed: 79
14% more repeat investments, than reductions
Existing positions increased: 293 | Existing positions reduced: 258
2% more funds holding
Funds holding: 778 [Q3] → 791 (+13) [Q4]
1% less capital invested
Capital invested by funds: $13.3B [Q3] → $13.1B (-$180M) [Q4]
4% less call options, than puts
Call options by funds: $121M | Put options by funds: $125M
7.02% less ownership
Funds ownership: 84.42% [Q3] → 77.39% (-7.02%) [Q4]
33% less funds holding in top 10
Funds holding in top 10: 3 [Q3] → 2 (-1) [Q4]
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$16.50
16%
upside
Avg. target
$19.15
34%
upside
High target
$21
47%
upside
10 analyst ratings
7 positive
70%
3 neutral
30%
0 negative
0%
Baird David George 38% 1-year accuracy 5 / 13 met price target | 26%upside $18 | Outperform Upgraded | 7 Apr 2025 |
JP Morgan Vivek Juneja 30% 1-year accuracy 3 / 10 met price target | 16%upside $16.50 | Neutral Maintained | 3 Apr 2025 |
Wells Fargo Mike Mayo 35% 1-year accuracy 11 / 31 met price target | 40%upside $20 | Overweight Maintained | 28 Mar 2025 |
Citigroup Keith Horowitz 7% 1-year accuracy 2 / 27 met price target | 33%upside $19 | Buy Maintained | 24 Mar 2025 |
Truist Securities Brian Foran 19% 1-year accuracy 3 / 16 met price target | 26%upside $18 | Hold Maintained | 21 Mar 2025 |
Financial journalist opinion
Based on 17 articles about KEY published over the past 30 days
Positive
Seeking Alpha
3 hours 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 day 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 day 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
2 days 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
2 days 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
2 days 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
2 days 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
2 days 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.
Negative
Zacks Investment Research
4 days ago
Fee Income & NII to Aid KeyCorp's Q1 Earnings, High Provisions to Hurt
Growth in fee income and NII are likely to have aided KEY's first-quarter 2025 earnings, while higher provisions and elevated expenses are likely to have hurt.
Neutral
Zacks Investment Research
5 days ago
Unlocking Q1 Potential of KeyCorp (KEY): Exploring Wall Street Estimates for Key Metrics
Get a deeper insight into the potential performance of KeyCorp (KEY) for the quarter ended March 2025 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Charts implemented using Lightweight Charts™