KEY changes
Pick any two versions below to diff them.
- Price
- $19.99 → $21.44(+7.3%)
- Discount category
- Below intrinsic value → Close to intrinsic value
- Recent events
- added: Nov 2, 2026: KeyCorp issued $1.0 billion of 5.889% fixed-to-floating rate senior notes that are due on November 2, 2032. The 8-K does not say how KeyCorp will use the money. Oct 20, 2026: KeyCorp reported Q3 2026 results. EPS was $0.51, up from $0.41 a year earlier, and revenue rose 8% to a record $2.04 billion. The net interest margin rose to 2.95%, from 2.89% in Q2 2026. Net charge-offs fell to 0.32% of loans, and nonperforming assets fell to $627 million. The CET1 ratio was 11.1%, and KeyCorp bought back $320 million of shares. It raised its 2026 guidance for net interest income to up about 10% and cut its net charge-off guidance to 0.37% to 0.39%. It now guides a Q4 2026 exit margin of about 3.00%, the low end of its earlier 3.00% to 3.05% range. Sep 15, 2026: KeyCorp redeemed all of its Series D preferred stock, with a liquidation preference of $525 million. Sep 14, 2026: At an investor conference, KeyCorp raised its 2026 outlook. It now expects revenue up about 8% from 2025 (previously 7% to 8%) and fee income up 4% to 5% (previously 3% to 4%), with adjusted expenses up about 4%. It kept its guidance for net interest income up 9% to 11%, a net interest margin of 3.00% to 3.05% at the end of 2026, and net charge-offs of 0.40% to 0.45% of loans. Jul 21, 2026: KeyCorp reported Q2 2026 results. EPS was $0.44, up 26% from a year earlier, and revenue rose 7% to $1.96 billion. Net interest income rose 9% and the net interest margin rose to 2.89%. Period-end loans rose $1.2 billion from the prior quarter, with commercial and industrial loans up $2.1 billion. Net charge-offs were 0.42% of loans. The CET1 ratio was 11.2%, and KeyCorp bought back $341 million of shares. Apr 16, 2026: KeyCorp reported Q1 2026 results. EPS was $0.44, and the net interest margin was 2.87%.