Executive Summary
Latest Data: Dec 2025A large-scale business, with solid profitability, showing strong growth trading at a discount.
Business Narrative
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, investment products and services; and personal finance and financial wellness, student loan refinancing, mortgage and home equity, lending, credit card, treasury, business advisory, wealth management, asset management, investment, cash management, portfolio management, and trust and related services to individuals and small and medium-sized businesses.
- +Strong revenue growth demonstrates market share expansion
- +Solid profitability with room for margin expansion
Company at a Glance
Business Performance
Key Highlights
Positive Signals
- Strong double-digit revenue growth trend
- Healthy profit margins demonstrating pricing power
Watch Areas
- Negative free cash flow - burning cash
- Current liabilities exceed current assets
Financial Health
Valuation Assessment
(-15%)
Valuation Corridor
Detailed Financials
Comprehensive financial statement data for deep analysis
| Metric | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 |
|---|---|---|---|---|---|
| Return on Equity | - | - | - | - | - |
| Return on Invested Capital | - | - | - | - | - |
| Gross Margin | 101.7% | 82.5%↓18.9% | 56.0%↓32.1% | 44.8%↓19.9% | 62.3%↑39.0% |
| Operating Margin | 44.4% | 29.5%↓33.5% | 11.3%↓61.5% | -3.4%↓129.8% | 20.6%↑709.4% |
| Net Margin | 35.8% | 24.2%↓32.3% | 9.5%↓61.0% | -1.8%↓118.8% | 16.3%↑1019.4% |
| Earnings Yield | - | - | - | - | - |