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Fundamentals for KeyCorp
Business Operations:
Sector: Financial ServicesIndustry: Banks - Regional
KeyCorp operates as the holding company for KeyBank National Association that provides various retail and commercial banking products and services in the United States. It operates in two segments, Consumer Bank and Commercial Bank. The company offers various deposits and investment products; personal finance and financial wellness, lending, student loan refinancing, mortgage and home equity, credit card, treasury, and business advisory; commercial leasing, investment management, consumer finance; and wealth management and investment services for institutional, non-profit, and high-net-worth clients. It also provides lending, cash management, equipment financing, and commercial mortgage loans; and capital market products and services, such as syndicated finance, debt and equity underwriting, fixed income and equity sales and trading, derivatives, foreign exchange, mergers and acquisition, other advisory services, and public finance to large corporate and institutional clients. In addition, the company offers personal and institutional trust custody services, personal financial and planning services, access to mutual funds, treasury services, and international banking services. Further, it provides community development financing, securities underwriting, brokerage, and investment banking services, as well as merchant services. The company was founded in 1849 and is headquartered in Cleveland, Ohio.
Revenue projections:
With KEY's revenue forecasted to drop below last year's level, investors are expected to take a cautious stance. Such declines typically affect a company's bottom line, reducing profitability and making investors hesitant to invest heavily in the company until financial performance improves.
Financial Ratios:
| currentRatio | 0.00000 |
|---|---|
| forwardPE | 10.29459 |
| debtToEquity | 0.00000 |
| earningsGrowth | 0.33700 |
| revenueGrowth | 0.11700 |
| grossMargins | 0.00000 |
| operatingMargins | 0.36052 |
| trailingEps | 1.63000 |
| forwardEps | 2.14773 |
KEY's Forward PE is within a good range, showing that the stock price compares well to its earnings. This suggests it isn't overpriced and leaves room for growth, making the stock appealing to investors looking for value and growth opportunities.
KEY's positive earnings and revenue growth suggest that the company is expected to expand its business. This reflects a healthy financial outlook, as KEY's increasing profits and sales signal further growth in the near future.
KEY's forward EPS surpasses its trailing EPS, indicating that the company is expected to be more profitable in the current financial year. This reflects growing confidence in KEY's earnings potential, suggesting stronger financial performance compared to the previous year.
Price projections:
Over time, KEY's price projections have been revised higher, signaling growing confidence in the company's future. This upward trend suggests analysts anticipate strong performance and increased market value for KEY.
Insider Transactions:
9 KeyCorp sales were executed, with market price at 19.238888846503365.KeyCorp had 2 buy transactions, with market price at 13.980000019073486 per share.The transactions conducted by insiders don't suggest any significant movement or clear trend, leaving the overall direction of the company uncertain.
Recommendation changes over time:
Analysts' buy bias toward KEY suggests the stock is seen as a solid investment, potentially motivating investors to consider it for their portfolios. With this positive outlook, KEY is likely to be viewed as a secure place to allocate funds, driving further interest in the stock.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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