KeyCorp (KEY) Stock Analysis

November 11, 2026

This is a peer-relative look at KeyCorp (KEY): its performance, risk, profitability, growth, financial strength, dividend, and valuation are each measured against its Banks peers, so every number reads in context rather than in isolation.

Company Profile

Company profile fields for KeyCorp (KEY)
Profile Item	KEY
Name	KeyCorp
Country/Region	United States
GICS Sector	Financials
GICS Industry Group	Banks
GICS Industry	Banks
GICS Sub-Industry	Diversified Banks
Market Capitalization	22.02 billion USD
Currency	USD
Exchange	NYSE
Listing Date	November 5, 1987
Security Type	Common Stock

Price Performance

Cumulative Growth

KEY

GSPC

KeyCorp (KEY) vs. S&P 500 (GSPC): Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

Loading price history…

Trailing total returns for KeyCorp (KEY) and S&P 500 (GSPC). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…

Calendar-year total returns for KeyCorp (KEY) and S&P 500 (GSPC). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

KeyCorp (KEY) metric values compared with Banks industry-group medians
Metric	Current stock: KEY	Industry group median
Total Return (1Y)	24.10%	30.28%
Total Return (3Y, Annualized)	31.53%	26.57%
Total Return (5Y, Annualized)	3.00%	9.43%

Risk Profile

Drawdown History

KEY

GSPC

KeyCorp (KEY) vs. S&P 500 (GSPC): Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

Loading price history…

Distribution of monthly total returns for KeyCorp (KEY) and S&P 500 (GSPC). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

KeyCorp (KEY) metric values compared with Banks industry-group medians
Metric	Current stock: KEY	Industry group median
Volatility (1Y, Annualized)	23.07%	24.34%
Beta (5Y)	1.06	0.72
Max Drawdown (5Y)	-65.23%	-43.36%

Risk-Adjusted Performance

Risk-Return Positioning

Each dot is a stock plotted by 1-year volatility (risk) and 1-year return. KEY is highlighted; the dashed line is the Capital Allocation Line from the risk-free rate through the industry median — dots above it are stronger on a risk-adjusted basis.

Risk-Adjusted Metrics

KeyCorp (KEY) metric values compared with Banks industry-group medians
Metric	Current stock: KEY	Industry group median
Sharpe Ratio (1Y)	0.86	1.08
Sortino Ratio (1Y)	1.25	1.61

Profitability

ROE (TTM)

KeyCorp (KEY) posts ROE of 11.17%, roughly around the peer group’s normal range. Shareholders’ equity is producing a return that looks broadly typical for the industry.

KEY

Banks industry group

11.17%

Group distribution

Max: 19.84%
Q3: 13.67%
Median: 11.49%
KEY: 11.17%
Q1: 9.50%
Min: 3.64%

Largest peers

JPM: 18.01%
RY: 16.21%
HSBC: 14.22%
WFC: 12.91%
KEY: 11.17%
BAC: 10.73%
MUFG: 9.46%

Where KeyCorp (KEY) stands on ROE within its Banks peer group — the box is the group’s distribution and the dots its largest members.

Net Margin (TTM)

KeyCorp (KEY) keeps 27.99% of revenue as net profit, roughly in line with the peer group’s normal net margin range. Its full cost stack is taking a typical share of sales for the industry.

KEY

Banks industry group

27.99%

Group distribution

Max: 47.19%
Q3: 35.25%
Median: 31.21%
KEY: 27.99%
Q1: 27.11%
Min: 14.93%

Largest peers

HSBC: 41.16%
JPM: 34.59%
RY: 33.87%
BAC: 28.06%
KEY: 27.99%
WFC: 27.64%
MUFG: 27.45%

Where KeyCorp (KEY) stands on net margin within its Banks peer group — the box is the group’s distribution and the dots its largest members.

Operating Margin (TTM)

operating margin is set aside for KeyCorp (KEY) in Banks: the operating-income line is not a clean boundary for this business model, so net margin, ROE, FFO, or industry-specific measures may be more useful.

Profitability Metrics

KeyCorp (KEY) metric values compared with Banks industry-group medians
Metric	Current stock: KEY	Industry group median
ROE (TTM)	11.17%	11.49%
ROA (TTM)	1.11%	1.24%
Net Margin (TTM)	27.99%	31.21%
Operating Margin (TTM)	--	--
Gross Margin (TTM)	--	--

Growth

Revenue Growth

KeyCorp (KEY) grew revenue 65.72%, above the industry benchmark range. Demand is expanding faster than at any typical peer, though growth that far ahead of the group is worth checking for acquisitions or other one-off contributions.

KeyCorp (KEY): Revenue Growth across different time periods, set against Banks industry-group medians.

EPS Growth

No usable EPS growth is available for KeyCorp (KEY) this period, so the earnings-momentum read is skipped.

KeyCorp (KEY): EPS Growth across different time periods, set against Banks industry-group medians.

Growth Metrics

KeyCorp (KEY) metric values compared with Banks industry-group medians
Metric	Current stock: KEY	Industry group median
Revenue Growth (YoY)	65.72%	11.23%
Revenue Growth (3Y CAGR)	1.21%	6.33%
EPS Growth (YoY)	--	16.14%
EPS Growth (3Y CAGR)	-7.65%	3.15%

Financial Strength

Current Ratio (MRQ)

current ratio is set aside for KeyCorp (KEY) in Banks: these balance sheets are not best read through a current/non-current split, so regulatory, funding, or liquidity-coverage measures usually matter more.

Debt / Equity (MRQ)

debt-to-equity ratio is set aside for KeyCorp (KEY) in Banks: leverage is part of the business model itself, so capital adequacy, funding mix, and regulatory measures are usually better risk gauges.

Financial Strength Metrics

KeyCorp (KEY) metric values compared with Banks industry-group medians
Metric	Current stock: KEY	Industry group median
Current Ratio (MRQ)	--	--
Debt / Equity (MRQ)	--	--
Net Debt / EBITDA	--	--

Dividends

Dividend Yield (TTM)

KeyCorp (KEY) has dividend yield of 3.91%, in the upper peer-yield quartile while still inside the industry range. The dividend offers more cash income per dollar of share price than most peers, though payout coverage still matters.

KEY

Banks industry group

3.91%

Group distribution

Max: 5.79%
KEY: 3.91%
Q3: 3.18%
Median: 2.39%
Q1: 1.20%
Min: 0.00%

Largest peers

MUFG: 406.81%
KEY: 3.91%
RY: 3.23%
BAC: 2.33%
WFC: 2.19%
JPM: 1.82%
HSBC: 0.86%

Where KeyCorp (KEY) stands on dividend yield within its Banks peer group — the box is the group’s distribution and the dots its largest members.

Dividend Payout Ratio (TTM)

KeyCorp (KEY) has payout ratio of 45.05%, above the industry’s usual payout band. A larger share of earnings is going to dividends, so the cushion narrows if profit weakens.

KEY

Banks industry group

45.05%

Group distribution

Max: 70.75%
KEY: 45.05%
Q3: 41.28%
Median: 29.26%
Q1: 18.98%
Min: 0.00%

Largest peers

HSBC: 53.57%
KEY: 45.05%
RY: 41.49%
MUFG: 34.74%
BAC: 27.62%
WFC: 26.09%
JPM: 25.80%

Where KeyCorp (KEY) stands on payout ratio within its Banks peer group — the box is the group’s distribution and the dots its largest members.

Dividend Metrics

KeyCorp (KEY) metric values compared with Banks industry-group medians
Metric	Current stock: KEY	Industry group median
Dividend Yield (TTM)	3.91%	2.39%
Dividend Payout Ratio (TTM)	45.05%	29.26%

Valuation

P/E Ratio (TTM)

KeyCorp (KEY) trades at P/E ratio of 11.46, near the industry’s usual earnings multiple. The stock is not showing a clear peer discount or premium on trailing earnings.

KEY

Banks industry group

11.46

Group distribution

Max: 18.16
Q3: 13.75
Median: 11.81
KEY: 11.46
Q1: 10.64
Min: 6.49

Largest peers

RY: 17.58
JPM: 14.03
MUFG: 13.71
WFC: 11.84
BAC: 11.79
KEY: 11.46
HSBC: 11.38

Where KeyCorp (KEY) stands on P/E ratio within its Banks peer group — the box is the group’s distribution and the dots its largest members.

P/S Ratio (TTM)

P/S ratio is not assessed for KeyCorp (KEY) in Banks: the revenue line is driven by spread economics rather than conventional product or service sales, so book value or earnings usually carry more weight.

P/B Ratio (MRQ)

KeyCorp (KEY) trades at 1.39 on P/B ratio, roughly in line with the industry’s normal price-to-book range. Its balance sheet is not being priced at a clear discount or premium versus peers.

KEY

Banks industry group

1.39

Group distribution

Max: 2.28
Q3: 1.58
KEY: 1.39
Median: 1.32
Q1: 1.10
Min: 0.59

Largest peers

HSBC: 6.87
RY: 2.92
JPM: 2.53
MUFG: 1.64
WFC: 1.59
KEY: 1.39
BAC: 1.26

Where KeyCorp (KEY) stands on P/B ratio within its Banks peer group — the box is the group’s distribution and the dots its largest members.

Valuation Metrics

KeyCorp (KEY) metric values compared with Banks industry-group medians
Metric	Current stock: KEY	Industry group median
P/E Ratio (TTM)	11.46	11.81
P/S Ratio (TTM)	--	--
P/B Ratio (MRQ)	1.39	1.32
Free Cash Flow Yield (TTM)	--	--