KeyCorp

KeyCorp

KEYยทNYSE

$20.88

-0.096%
Financial ServicesBanks - Regional

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. It also provides a suite of banking and capital market products, such as syndicated finance, debt and equity capital market products, commercial payments, equipment finance, commercial mortgage banking, derivatives, foreign exchange, financial advisory, and public finance, as well as commercial mortgage loans comprising consumer, energy, healthcare, industrial, public sector, real estate, and technology loans for middle market clients. In addition, the company offers community development financing, securities underwriting, brokerage, and investment banking services. As of December 31, 2021, it operated through a network of approximately 999 branches and 1,317 ATMs in 15 states, as well as additional offices, online and mobile banking capabilities, and a telephone banking call center. KeyCorp was founded in 1849 and is headquartered in Cleveland, Ohio.

At a Glance

Live Snapshot
Market Cap$22.64B
EPS1.5300
P/E Ratio13.65
Earnings Date07/21/2026
KeyCorp

KeyCorp Fair Value Envelope

KEY ยท NYSE

Our analysis suggests that KEY has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $20.88, this represents a potential HIDDEN relative to our calculated worth for KeyCorp.

Intrinsic Value
Current Price: $20.88

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$19,881.0B
+ Cash & Equivalents$1.3B
Firm Value$19,882.3B
- Debt$11.0B
Equity Value$19,871.3B
/ Shares Outstanding1,092,934,215B
DCF Value$18.2K
UNDERVALUED BY 86977%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$4.4B
$8.8B
$17.7B
$35.3B
$70.7B
$141.3B
$282.6B
$565.2B
$1,130.5B
$2,261.0B
Maintenance CapEx
-$42.8M
-$85.6M
-$171.2M
-$342.4M
-$684.8M
-$1.4B
-$2.7B
-$5.5B
-$11.0B
-$21.9B
Owner Earnings
$4.4B
$8.7B
$17.5B
$35.0B
$70.0B
$139.9B
$279.9B
$559.8B
$1,119.5B
$2,239.1B
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$4.0B
$7.5B
$13.9B
$25.7B
$47.6B
$88.2B
$163.3B
$302.4B
$560.0B
$1,037.1B
Terminal Value represents 88.7% of Enterprise Value