KeyCorpNYSE: KEY
Financials · Regional Banks
$21.91
-0.90%
Vol: 4.4M
Research Digest
Friday, May 1, 2026
KeyCorp beats Q1 earnings with strong guidance and $1B tech investment
KeyCorp reported Q1 EPS of 44c beating consensus 41c and sees FY26 revenue up 7%. The bank is investing $1B in technology and expanding investment banking capabilities following Clearwater UK acquisition.
Previous Market Intelligence
13 daysApr 30KeyCorp reports Q1 EPS of $0.44 (beat $0.42), up 33% YoY; announces $1.3B 2026 buyback plan and Clearwater UK acquisition (April 16-22)Positive▶
KeyCorp delivered strong Q1 2026 with EPS of $0.44 (beat $0.42 consensus) representing 33% YoY growth and revenue of $1.95B (+10% YoY). The company reaffirmed 7% FY2026 revenue growth guidance and announced plans to repurchase over $300M per quarter ($1.3B+ annually). Record investment banking fees drove strong noninterest income (+8% YoY). On April 22, KeyCorp announced definitive agreement to acquire Clearwater Corporate Finance LLP, a UK-based middle market investment banking firm, closing expected H2 2026. Management signaled optimistic outlook with strong capital position and shareholder returns.
Apr 29KeyCorp Q1 2026 EPS $0.44 beats $0.42 estimate; RBC raises price target to $24Positive▶
KeyCorp delivered strong Q1 2026 results with EPS of $0.44 beating estimates of $0.42 and revenue of $1.95 billion exceeding forecasts. Revenue grew 10% year-over-year while EPS surged 33% YoY, driven by commercial loan growth and net interest margin expansion to 2.87%. Management forecasts Q2-Q3 EPS between $0.46-$0.50 with $1B technology investment planned. RBC Capital raised the price target to $24 from $22 on April 17, 2026.
Apr 16KeyCorp posts Q1 2026 EPS of $0.44 beating consensus of $0.42, revenue $1.95B up 10% YoY, net interest margin expands 29 basis points.Positive▶
KeyCorp reported Q1 2026 earnings beating analyst expectations with adjusted EPS of $0.44 versus consensus of $0.42, and revenue of $1.95 billion, up 10% year-over-year and above the $1.94 billion estimate. Net interest income increased 11% to $1.23 billion while net interest margin expanded 29 basis points to 2.87%, driven by lower deposit costs and favorable shift to higher-yielding C&I loans. Noninterest income rose 8% to $723 million with investment banking and debt placement fees climbing $22 million. The company repurchased $389 million of common shares in the quarter. However, shares fell 0.88% in pre-market trading following earnings release on April 16. Wall Street consensus is Moderate Buy with 10 Buy, 3 Hold, and 2 Sell ratings, average price target of $22.61 representing 3.8% upside.
Apr 15KeyCorp Q1 earnings due April 16 as JPMorgan cuts target to $22.50 citing margin pressures.Negative▶
KeyCorp reports Q1 2026 earnings on April 16 with analyst expectations of $0.41 EPS and $1.93B revenue. JPMorgan cut price target to $22.50 from $24.50, Bank of America lowered to $23 from $24. Piper Sandler reaffirmed Buy on April 10. CIO Amy Brady stepping down for health reasons. Company issued $750M fixed-to-floating senior notes.
Apr 14KeyCorp reported Q4 2025 EPS of $0.43; Bank of Nova Scotia seeking to increase stake to up to 19.99%.Neutral▶
KeyCorp reported Q4 2025 net income of $474M ($0.43 diluted EPS) with full-year 2025 revenue of $7.5B, up 16% YoY. Bank of Nova Scotia plans to increase stake from 14.99% to 19.99%. Board appointed Todd Vasos as Lead Independent Director. Q1 2026 earnings call April 16.
Apr 13Q1 earnings April 16; analysts expect 24.2% EPS growth; JPMorgan cut price target.Positive▶
KeyCorp will release Q1 2026 earnings before market open April 16 with analysts expecting 24.2% EPS growth. JPMorgan cut price target from $24.50 to $22.50 with Neutral rating. Piper Sandler reaffirmed Buy. Consensus Moderate Buy with PT $22.61.
Apr 10KeyCorp Q1 2026 Earnings April 16; Evercore ISI Lowers Target to $24Neutral▶
Q1 earnings April 16 before market open. Evercore ISI maintained Outperform but lowered target to $24. Q4 2025 EPS $0.43, revenue $2.01B (+12%).
Apr 9KeyCorp upgraded by Baird to Neutral; FY2025 record revenue $7.5B.Neutral▶
KeyCorp reported Q4 net income $474M ($0.43/share), Q4 revenue $2B, record FY2025 revenue $7.5B (+16% adjusted). Baird upgraded to Neutral from Underperform, target $19. UBS maintains Buy (Feb 2026). Evercore ISI raised target to $26 from $25. CEO Gorman favors organic growth. Strong capital return strategy.
Apr 8Bank of Nova Scotia plans to increase stake in KeyCorp from 14.99% to as much as 19.99%.Neutral▶
CIO Amy Brady stepping down for health reasons. BNS plans to raise stake. Baird upgraded to Neutral. Projects 7% revenue growth 2026.
Apr 7KeyCorp CIO Amy Brady steps down; April 6 Financial Mobility Poll shows 88% of Americans adjusted financesNeutral▶
KeyCorp CIO Amy G. Brady stepping down for health reasons. KeyBank released 2026 Financial Mobility Pulse Poll showing 88% of Americans made meaningful financial adjustments. Stock at $20.47 with 58.92% 1-year total shareholder return. Analyst outlook positive with $23.21 avg price target.
Apr 6KeyCorp receives analyst upgrades amid improving financial performance and strategic partnerships.Positive▶
KeyCorp has received recent analyst upgrades following strong earnings and strategic initiatives. The bank is well-positioned for earnings growth with positive analyst predictions. The company is experiencing benefits from new branch openings and recent analyst upgrades, maintaining a strong capital return strategy through share buybacks. KeyCorp operates as a diversified banking company with two main segments: Consumer Bank and Commercial Bank, serving the United States market since 1849.
Apr 3KeyCorp reports strong Q4 2025 earnings; upgraded by analysts amid growth strategy.Positive▶
KeyCorp reported Q4 2025 net income of $474 million ($0.43 per share) with full-year revenue reaching a record $7.5 billion, up 16% YoY. The bank announced board changes including Todd Vasos as Lead Independent Director. Analysts maintain Buy with average target of $24.45.
Apr 2KeyCorp receives analyst upgrades amid improving financial performance and strategic partnerships while maintaining strong capital return strategy.Positive▶
KeyCorp, the holding company for KeyBank National Association, has received recent analyst upgrades as the bank demonstrates improving financial performance and strategic partnerships. The bank reported strong earnings and maintains focus on enhancing capital returns through share buybacks while expanding through new branch openings. Recent recognition for community engagement initiatives reflects the bank's commitment to stakeholder value. The stock has shown mixed performance with 0.2% movement over the past week, 9.4% decline in the past month, but 28.7% gain over one year and 83.3% over three years. KeyCorp operates in two segments: Consumer Bank and Commercial Bank, serving retail and commercial banking customers across the United States.
Sector Peers
| Company | Price | Day | 1M | Fwd P/E | Beta | Mkt Cap |
|---|---|---|---|---|---|---|
| FITBFIFTH | $50.49 | -0.54% | +6.7% | 10.4x | 0.97 | $46.0B |
| HBANHUNTINGTON | $16.65 | -0.69% | +5.1% | 8.8x | 0.97 | $34.0B |
| MTBM | $216.63 | -0.91% | +3.1% | 10.5x | 0.60 | $32.5B |
| CFGCITIZENS | $64.51 | -0.84% | +5.9% | 10.2x | 1.06 | $27.7B |
| RFREGIONS | $28.24 | -1.10% | +6.8% | 10.0x | 1.04 | $24.4B |
| KEYKEYCORP | $21.91 | -0.90% | +7.0% | 10.3x | 1.07 | $24.0B |
Key Fundamentals
RSI (14-Day)
52-Week Range
Moving Averages
Price above both MAs — bullish structure.