Cleveland, Ohio-based KeyCorp (KEY) operates as the holding company for KeyBank, which provides various retail and commercial banking products and services. With a market cap ofย $22.6 billion, KeyCorp operates as one of the largest regional banking companies in the U.S.
Companies worth $10 billion or more are generally described as "large-cap stocks." KeyCorp fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size and influence in the regional banking industry. It provides investment management, banking, consumer finance, and investment banking products and services to individuals as well as corporations.
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KeyCorp touched itsย three-year high of $20.84 in yesterdayโs trading session before slightly pulling back. Meanwhile, KEY stock hasย gained 8.4% over the past three months, notably outpacing the Dow Jones Industrial Averageโs ($DOWI)ย 5.7% uptick during the same time frame.
KeyCorpโs performance has remained impressive over the longer term as well. KEY stock prices have surged 20.5% on a YTD basis and 14.4% over the past 52 weeks, outpacing the Dowโs 13.9% gains in 2025 and 10.4% returns over the past year.
KeyCorpโs stock has traded mostly above its 50-day moving average since early May, with some fluctuations, and consistently above its 200-day moving average since late June, underscoring its bullish trend.
Despite reporting better-than-expected results, KeyCorpโs stock pricesย dropped 5.4% in the trading session following the release of itsย Q3 results on Oct. 16. Driven by tailwinds experienced in net interest income and 8% growth in adjusted non-interest income, the companyโs adjusted topline for the quarter jumped 17% year-over-year to $1.9 billion, surpassing the Streetโs expectations by 28 bps. Meanwhile, its adjusted EPS grew 17.1% year-over-year to $0.41, exceeding theย consensus estimates by 7.9%. Following the initial dip, KEY stock maintained a positive momentum for three subsequent trading sessions.
Further, KeyCorp has notably outperformed compared to its peers, Truist Financial Corporationโs (TFC)ย 15% surge on a YTD basis and 9.1% gains over the past 52 weeks.
Among the 23 analysts covering the KEY stock, the consensus rating is a โModerate Buy.โ As of writing, the stock is trading slightly below its mean price target of $20.98.
On the date of publication, Aditya Sarawgi 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. For more information please view the Barchart Disclosure Policy here.
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