Sohini Mondal
2 min read
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Cleveland, Ohio-based KeyCorp (KEY) provides various retail and commercial banking products and services in the United States. With a market cap of $17.7 billion, the company operates in two segments: Consumer Bank and Commercial Bank.
Companies worth $10 billion or more are generally labeled as “large-cap” stocks, and KeyCorp fits this criterion perfectly. The company also provides a broad range of sophisticated corporate and investment banking products, including merger and acquisition advice, public and private debt and equity, syndications, and derivatives, to middle-market companies in selected industries.
KeyCorp stock has dropped 19.4% from its 52-week high of $20.04. Shares of KEY have increased marginally over the past three months, underperforming the S&P 500 Index’s ($SPX) 5.4% rise.
Longer term, KEY stock has dipped 5.7% on a YTD basis, whereas the SPX has risen 1.5%. However, shares of KeyCorp have gained 18.5% over the past 52 weeks, outpacing the SPX's 9% return over the same time frame.
KEY stock has been trading above the 50-day moving average since May. Yet, the stock has fallen below its 200-day moving average since March.
KeyCorp stock rose 1.4% following the release of its solid Q1 2025 results on Apr. 17. The company’s total revenue increased 15.7% from the year-ago quarter to $1.8 billion, exceeding Wall Street expectations. The strong results were driven by a combination of higher net interest income, increased non-interest income, and effective cost control through lower expenses. Adjusted EPS rose 50% year-over-year to $0.33, surpassing the Street forecast.
In contrast, Fifth Third Bancorp (FITB) has lagged behind KEY stock. Shares of FITB have declined 7% on a YTD basis and surged 9.5% over the past 52 weeks.
Although KEY has outperformed over the past 52 weeks, analysts are cautiously optimistic about its prospects. The stock has a consensus rating of “Moderate Buy” from the 22 analysts covering it, and it is currently trading below the mean price target of $17.84.
On the date of publication, Sohini Mondal did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Barchart.com
