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KEY

KeyCorp

NYSEFinancialsBanks - RegionalSnapshot 2026-05-08

$21.60-0.41%
Close 2026-05-08 · 1-day change
The bottom line

As of May 8, 2026, KEY has a composite score of -6.9, indicating a mixed signal. This score is influenced by a medium confidence level of 73.9 and reflects unfavorable macro conditions with a score of -7.7, while the sector score is more favorable at 14.6. The analysis is provisional, and the top drivers include macro factors such as rates, growth, labor, and inflation.

Composite -6.9as of 2026-05-08

Price

Daily closes from AlphaVantage. Earnings/event dots are placed inline.

Close 2026-05-08
Daily closes. Scroll over the chart to zoom; click a range to reset.
EarningsMaterial event

Factor signals

Read top-to-bottom: thesis (is this a strong company over a 1–3 year hold), watch flags (has something changed worth re-reading), and position context (how violent might the path be). Each pill is a parallel diagnostic — never aggregated into a single score.

L1

Thesis

is this a strong company over a 1–3 year hold?
F1 · Recent financial performance
weak
Bottom 10% of financials cohort
Why this rank
  • Direction share
    -0.10
  • Slope (norm)
    -0.76
  • Bonus
    0.00
Operating income, last 4 quarters ($M)
278539602-1725
F2 · Value
expensive
Most expensive 10% of financials cohort
Why this rank
Price
$21.60
TTM EPS
$0.49
Earnings yield
2.3%
P/E (TTM)
44.1

Trailing four: 2024-Q3, 2025-Q1, 2025-Q2, 2025-Q3

F3 · Earnings quality
Loss-making
Cash conversion undefined
Why this rank
TTM NI ($M)
-161
TTM CFO ($M)
664
CFO/NI
Undefined / loss-making
L2

Watch

has something changed worth re-reading?
F4 · Management stability
Insufficient data
No score yet
Earnings setup · pre-print positioning
forward-looking
neutralEPS revised -4.6% / 30d, n=12for period ending 2026-06-30
Why this setup
Consensus revisions

EPS estimate $0.45 → $0.42 (-4.6% / 30d). 1 raised, 7 cut, 12 covering analysts.

Rating actions

0 upgrades, 0 downgrades / 30d, 5 maintained. 53% of analysts rate Buy.

Price target activity

3 PT revisions / 30d. Avg target 14.9% above current price.

Material events

0 positive, 0 negative / 30d.

F4 · Management deep-dive — recent events, stated priorities, guidance track record
1

Recent 8-K events

No recent events recorded.

2

Stated priorities

3 priorityies extracted from earnings transcripts (as of 2026-05-08).

  1. 1.Achieve 15%+ return on tangible common equity by 2027growthmixed63% progress
    4/16: CEO: 'Return on tangible common equity exceeded 13%, reflecting significant progress toward achieving our goal of 15%+ by year-end 2027.'
    Why this status

    Newly stated in 2026-Q1. Return on tangible common equity exceeded 13% in 2026-Q1, showing progress toward the 15%+ target by 2027. The trajectory is positive, but further improvement is needed to meet the goal.

  2. 2.Drive strong revenue and earnings growth in 2026growthbehind0% progress
    4/16: CEO: 'We remain well positioned to drive strong revenue and earnings growth in 2026.'
    Why this status

    Newly stated in 2026-Q1. Revenue grew to $1.95 billion in 2026-Q1, a 10% increase year-over-year, indicating strong growth. Earnings also improved, with net income rising to $486 million from $370 million in 2025-Q1. The trajectory is delivering on the stated priority.

  3. 3.Return capital through share repurchasescapital allocationmixed35% progress
    4/16: CEO: 'We repurchased almost $400 million of common shares in the first quarter.'
    Why this status

    Newly stated in 2026-Q1. KeyCorp repurchased $389 million of common shares in 2026-Q1, demonstrating commitment to capital return. This aligns with the stated priority, showing active capital allocation through buybacks.

3

Guidance track record

Insufficient guidance history for this ticker.

L3

Position context

how violent might the path be while I hold it?
Risk profile · realized
backward-looking
moderateworst 12m loss −18%, typical day ±1.0%
Why this risk level

Recent vol — 30d annualized 22%; 252d 25%.

Drawdown — Max 1y −18%. Bad day move −2%.

Beta to sector ETF (XLF) 1.27 over 1y.

Liquidity — score 100/100.

Sub-scores — vol 59/100, drawdown 65/100, beta 73/100, earnings vol .

Sector regime
headwind-9.7%sector vs S&P 500, 60d

via XLF

Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive — historically, headwind regimes have averaged stronger forward returns than tailwind.

AI cycle regime · market-wide
2-axis classifier
HeatingManiaSquallCrisisEarnings →Mood ↑
HeatingE +0.13 · M +0.71
Single-axisCHASEz +2.97+1.285d

Context label only — describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.

Not investment advice. As of 2026-05-08.

3

What changed

The most important moves since the prior daily snapshot.

  1. No material changes since the prior snapshot.

No material changes since the prior snapshot.

as of 2026-05-08

4

Management scorecard

How management runs the business — capital, margins, balance sheet, and how reliably they guide and deliver.

Composite27.0 / 100
Capital allocation9
Earnings discipline44
Margin discipline9
Balance sheet53
Guidance credibility
Post-call reaction51

Met or beat guidance 0% of the last 1 guided quarters · -288.0% avg surprise

as of 2026-05-08
4

What management is focused on

Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.

  • #1

    Achieve 15%+ return on tangible common equity by 2027

    Growth

    KeyCorp aims to achieve a return on tangible common equity exceeding 15% by the end of 2027.

    Mixed

    Newly stated in 2026-Q1. Return on tangible common equity exceeded 13% in 2026-Q1, showing progress toward the 15%+ target by 2027. The trajectory is positive, but further improvement is needed to meet the goal.

    63%
    CEO/CFO:CEO: 'Return on tangible common equity exceeded 13%, reflecting significant progress toward achieving our goal of 15%+ by year-end 2027.'
    Press releaseSource dated 2026-04-16Stated 1 of last 8 quartersFirst seen 2026-04-16
    Show history (1)
    • 2026-Q1Press release

      CEO: 'Return on tangible common equity exceeded 13%, reflecting significant progress toward achieving our goal of 15%+ by year-end 2027.'

  • #2

    Drive strong revenue and earnings growth in 2026

    Growth

    KeyCorp is focused on driving strong revenue and earnings growth throughout 2026.

    Behind

    Newly stated in 2026-Q1. Revenue grew to $1.95 billion in 2026-Q1, a 10% increase year-over-year, indicating strong growth. Earnings also improved, with net income rising to $486 million from $370 million in 2025-Q1. The trajectory is delivering on the stated priority.

    0%
    CEO/CFO:CEO: 'We remain well positioned to drive strong revenue and earnings growth in 2026.'
    Press releaseSource dated 2026-04-16Stated 1 of last 8 quartersFirst seen 2026-04-16
    Show history (1)
    • 2026-Q1Press release

      CEO: 'We remain well positioned to drive strong revenue and earnings growth in 2026.'

  • #3

    Return capital through share repurchases

    Capital allocation

    KeyCorp is committed to returning capital to shareholders through share repurchases.

    Mixed

    Newly stated in 2026-Q1. KeyCorp repurchased $389 million of common shares in 2026-Q1, demonstrating commitment to capital return. This aligns with the stated priority, showing active capital allocation through buybacks.

    35%
    CEO/CFO:CEO: 'We repurchased almost $400 million of common shares in the first quarter.'
    Press releaseSource dated 2026-04-16Stated 1 of last 8 quartersFirst seen 2026-04-16
    Show history (1)
    • 2026-Q1Press release

      CEO: 'We repurchased almost $400 million of common shares in the first quarter.'

as of 2026-05-08
5

How this stock is priced

Two ways to read price: against peers in the same business, and against the company's own history.

Compared to peers
53higher = cheaper

Roughly priced in line with peers.

Compared to its own history
50higher = cheaper

Around its own typical valuation.

P/E
13.5x
EV/EBITDA
17.3x
FCF yield
9.0%

P/E over the last 5 years

48 monthly points
fairas of 2026-05-08
7

How this compares

A side-by-side read on composite, valuation, and risk versus peers.

StockCompositeValuationRisk
KEY
KeyCorp
-6.9fairmoderate
BRK-B
Berkshire Hathaway
+6.0moderate
JPM
JPMorgan Chase
-0.9fulllow
V
Visa Inc.
+20low
MA
Mastercard
+15fulllow
8

Risk — how this stock moves

What a normal day looks like, what a bad day looks like, and the worst the last year has thrown at it.

A typical day
How much price usually moves either way.
1.0%
A bad day (95th %ile)
A rough but not unusual down day.
-2.2%
Worst 12-month loss
Deepest peak-to-trough drop in the last year.
-17.8%
Earnings-day move
How much price usually moves on earnings day.
moderateas of 2026-05-08
9

What could change this view

Conditional scenarios — if X happens, the score would shift by about Y points. These are not predictions.

Upside triggers
  • If rates state reverses from -0.37 (negative) to +0.37 (positive)+6.6 pts
  • If financials sector trend rises from +0.07 into 'improving' (>= +0.20)+5.0 pts
  • If next-quarter guidance is raised (currently NEW as of 2026-01-20)+4.0 pts
Downside triggers
  • If next-quarter guidance is cut (currently NEW as of 2026-01-20)-8.0 pts
  • If financials sector trend falls from +0.07 into 'weakening' (<= -0.20)-5.0 pts
10

Material updates

Recent SEC 8-K filings ranked by likely impact, confidence, and recency.

  1. 2026-04-1623d agoItem 2.02

    Results of Operations and Financial Condition . On April 16, 2026, KeyCorp issued a press release announcing its financial results for the three-month periods ended March 31, 2026 (the “Press Release”), and posted on its website its first quarter 2026 Supplemental Information Package (the “Supplemental Information Package”). The Press Release and Supplemental Information Package are being furnished as Exhibit 99.1 and Exhibit 99.2, respectively. The information in the preceding paragraph, as…

    earnings preannouncementneutralscore 39
11

Score history

The composite score, snapshot by snapshot. The dotted line at zero separates leaning-positive from leaning-negative.

60 snapshots
Data freshness · As of 2026-05-08 · Macro 2026-05-08 · Sector 2026-05-07 · Fundamentals 2026-02-23 · Price 2026-05-07 · Generated 2026-05-08 · Spec 2.3

Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.