KeyCorp Stock Analysis Including Financial Performance and Dividend Information

KeyCorp is a well-established bank holding company with a long history of financial stability. KeyCorp was founded in 1835 and has since grown to become one of the largest bank holding companies in the United States.

The company's financial performance has been consistently strong, with a revenue of $11.5 billion in 2020. KeyCorp's revenue has been steadily increasing over the years, with a compound annual growth rate of 5%.

KeyCorp's dividend yield is 3.5%, which is higher than the industry average. This makes it an attractive option for income investors looking for a stable source of returns.

KeyCorp has made some significant executive appointments recently. Mohit (Mo) Ramani joined the company as Chief Risk Officer, effective January 23, 2025.

These appointments suggest that KeyCorp is taking steps to strengthen its leadership and risk management capabilities. As the new Chief Risk Officer, Mo Ramani will play a crucial role in overseeing the company's risk management strategy.

Robert Weiss has also joined KeyCorp as Head of Key Family Wealth, where he will focus on growing the company's family wealth business. His appointment highlights KeyCorp's commitment to expanding its wealth management services.

KeyCorp has appointed Mohit Ramani as its Chief Risk Officer. He will join the company on January 23, 2025.

Mohit Ramani will be taking on a significant role at KeyCorp. His appointment as Chief Risk Officer is a notable move for the company.

Mohit Ramani's effective start date is January 23, 2025.

KeyBank Appoints Robert Weiss to Lead Family Wealth. Robert Weiss has joined KeyCorp as Head of Key Family Wealth. He will collaborate across the enterprise to grow the business.

Robert Weiss will lead Key Family Wealth, a division of KeyCorp. KeyCorp is a financial holding company listed on the NYSE with the ticker symbol KEY.

Regulatory approvals have been a crucial step in the strategic minority investment between KeyCorp and Scotiabank. Scotiabank received all required regulatory approvals to complete its investment in KeyCorp.

KeyCorp announced on December 13, 2024, that all necessary regulatory approvals had been received for the completion of Scotiabank's strategic minority investment. This was a significant milestone in the partnership.

The U.S. Federal Reserve approved Scotiabank's application to buy up to 14.99% of the voting shares in KeyCorp.

KeyCorp has a significant investment from The Bank of Nova Scotia, also known as Scotiabank. This investment was completed in December 2024.

The Bank of Nova Scotia acquired KeyCorp's common stock with an investment. This investment was a strategic minority investment, meaning Scotiabank did not acquire full control of KeyCorp.

KeyCorp announced that all required regulatory approvals have been received for completion of Scotiabank's strategic minority investment. This approval was a significant step towards completing the investment.

The U.S. Federal Reserve approved an application by Scotiabank to buy up to 14.99% of the voting shares in KeyCorp. This approval allowed Scotiabank to move forward with its investment plan.

Scotiabank's investment in KeyCorp is a strategic move to boost its presence in the U.S. market. This investment is a minority stake, but it still provides Scotiabank with a significant amount of influence over KeyCorp's operations.

KeyCorp's financial performance is on the rise. Improved net interest spread and margin have contributed to this growth.

The company's net interest income has increased, providing a boost to its financial gains. This is a positive sign for investors.

KeyCorp's Series I preferred shares have been rated a buy by analysts, citing recent performance as a reason for this upgrade.

Analysts are revising their forecasts for KeyCorp ahead of its earnings call on Tuesday, Jan. 21, 2025.

KeyCorp's Board of Directors declared a cash dividend of $0.205 per share for the first quarter of 2025, providing a positive sign for investors.

Analysts are optimistic about KeyCorp's financial performance, with 19 analysts rating the stock a "Buy". Their average rating suggests a strong confidence in the company's growth prospects.

The 12-month stock price forecast is $19.45, representing an 8.18% increase from the latest price.

KeyCorp's recent performance has been impressive, with improved net interest spread and margin, as well as increased interest income. This highlights the company's financial gains and provides a solid foundation for future growth.

Analysts are also expecting KeyCorp's earnings to be better than expected, with some even revising their forecasts upward.

Here's a summary of the revised forecasts:

These revised forecasts indicate a strong growth potential for KeyCorp, making it an attractive investment opportunity for investors.

Financial Strength is a crucial aspect of a company's overall performance. A company with strong financials is better equipped to weather economic downturns and take advantage of growth opportunities.

The company's Cash-To-Debt ratio is 0.12, indicating a relatively low level of cash on hand compared to its debt. This could be a concern for investors looking for a company with a strong cash position.

The Equity-to-Asset ratio is 0.1, suggesting that the company's assets are largely financed by debt rather than equity. This could make the company more vulnerable to changes in market conditions.

Debt-to-Equity ratio is 0.78, which is relatively high, indicating that the company has a significant amount of debt compared to its equity. This could be a concern for investors looking for a company with a strong balance sheet.

The company's Piotroski F-Score is 3/9, which is the lowest score on the scale. The Piotroski F-Score is a measure of a company's financial health, and a low score suggests that the company may be experiencing financial difficulties.

Here's a breakdown of the Piotroski F-Score components:

The company's Beneish M-Score is -2.52, which suggests that the company is not likely to be involved in financial statement manipulation. This is a positive sign for investors looking for a company with transparent financial reporting.

Understanding Profitability Rank is crucial in evaluating a company's financial performance. The company in question has a Net Margin % of -3.66, indicating a significant loss in profit.

This is a stark contrast to the industry average, which we don't have information on. However, it's clear that the company is struggling to turn a profit.

The company's Free Cash Flow (FCF) Margin % is also negative at -2.52, suggesting that it's not generating enough cash to cover its expenses.

Return on Equity (ROE) and Return on Assets (ROA) are also negative at -1.02% and -0.09% respectively, indicating a decline in profitability.

The company has been profitable for 10 years, which is a positive sign. However, the current profitability rank suggests that this may be changing.

Here's a summary of the company's profitability rank: