Is KeyCorp (KEY) overvalued or fairly valued?

MarketChacha shows KeyCorp's valuation in context — a trailing P/E of about 12.6, a forward P/E of about 9.3, a price-to-book of about 1.2 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does KeyCorp's reported profit turn into cash?

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (2.19×) from reported figures — education, not a rating.

What is KeyCorp's revenue?

KeyCorp reported revenue of $1.7B for FY2025, with net profit of $1.8B, per official filings.

What is the share price of KeyCorp (KEY)?

KeyCorp last traded at $20.69 (+3.9% on the day), as of 10/20/2026 — a delayed quote shown for education, not investment advice.

KeyCorp

KEY · NYSE · Financials · United States

Snapshot

TickerKEY

ExchangeNYSE

SectorFinancials

IndustryBanks - Regional

CountryUnited States

Employees17,493

HeadquartersCleveland, United States

Websitewww.key.com

Filings tracked23

About KeyCorp

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.

Who owns it

Insiders0.3%
Institutions89.2%
Public & other10.5%

1,287 institutional holders

Ownership breakdown from public market data.

Top holders

Bank of Nova Scotia14.78%
Blackrock Inc.8.29%
Vanguard Capital Management LLC6.14%
Vanguard Portfolio Management LLC4.86%
State Street Corporation4.81%
FMR, LLC4.71%
Geode Capital Management, LLC2.40%
Invesco Ltd.1.96%

Largest institutional holders — last updated 6/30/2026.

Forensic scorecard

No major accounting red flags in the fundamentals we have — profit is backed by cash and returns look healthy.

Cash conversion2.19×

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Net margin trend67.4% → 104.6%

Margin has expanded by about 37.2 points — the business is getting more profitable.

Growth qualityrev 10% · PAT 38%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $2.1B · EPS 0.50

Est. earnings growth +20.9%

Next fiscal year

Rev $8.7B · EPS 2.15

Est. earnings growth +17.0%

Analyst consensus estimates — not the company's own guidance.

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Revenue (FY2025)

$1.7B

Net margin

104.6%

ROE

9.0%

Revenue CAGR (2y)

+10.4%

Profit CAGR (2y)

+37.5%

EPS (FY2025)

1.52

Net profit (FY2025)

$1.8B

Ask MarketChacha about KEY

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2025	$1.7B	$1.8B	1.52	104.6%	9.0%
FY2024	$1.6B	$-161.0M	-0.32	-9.8%	-0.9%
FY2023	$1.4B	$967.0M	0.88	67.4%	6.6%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q2	$449.0M	$509.0M	0.44	113.4%
2026Q1	$462.0M	$522.0M	0.44	113.0%
2025Q3	$433.0M	$489.0M	0.41	112.9%
2025Q2	$425.0M	$425.0M	0.35	100.0%
2025Q1	$411.0M	$405.0M	0.33	98.5%
2024Q3	$419.0M	$-410.0M	-0.47	-97.9%
2024Q2	$379.0M	$274.0M	0.25	72.3%
2024Q1	$399.0M	$219.0M	0.20	54.9%
2023Q3	$347.0M	$303.0M	0.29	87.3%
2023Q2	$348.0M	$287.0M	0.27	82.5%
2023Q1	$375.0M	$312.0M	0.30	83.2%

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

8-K — Other events, Exhibits
SEC8/14/2026material
10-Q filing
SEC8/4/2026
8-K — Results of operations, Exhibits
SEC7/21/2026material
8-K — Other events, Exhibits
SEC6/10/2026material
8-K — Other events, Exhibits
SEC6/3/2026material
8-K — Reg FD disclosure, Exhibits
SEC5/29/2026material
8-K — Executive/director change, Shareholder vote results, Other events, Exhibits
SEC5/14/2026material
10-Q filing
SEC5/5/2026
8-K — Results of operations, Exhibits
SEC4/16/2026material
8-K — Executive/director change, Exhibits
SEC3/2/2026material
10-K filing
SEC2/23/2026
8-K — Reg FD disclosure, Exhibits
SEC2/9/2026material
8-K — Other events, Exhibits
SEC1/28/2026material
8-K — Results of operations, Executive/director change, Other events, Exhibits
SEC1/20/2026material
8-K — Executive/director change
SEC1/16/2026material

2025

8-K — Other events, Exhibits
SEC12/23/2025material
8-K — Reg FD disclosure, Exhibits
SEC12/9/2025material
8-K — Other events, Exhibits
SEC11/25/2025material
8-K — Reg FD disclosure, Exhibits
SEC11/5/2025material
10-Q filing
SEC11/4/2025
8-K — Results of operations, Exhibits
SEC10/16/2025material
8-K — Reg FD disclosure
SEC9/26/2025material
10-Q filing
SEC8/5/2025

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.