KeyCorp Earnings: Shares Look Cheap Amid Strong Deposit Growth, Higher Guidance
KeyCorp delivered good third-quarter results, with total revenue up 10% year over year and net interest margin expanding 6 basis points sequentially to 2.95%.
KeyCorp delivered good third-quarter results, with total revenue up 10% year over year and net interest margin expanding 6 basis points sequentially to 2.95%.
KeyCorp's investment banking fees could be a major fee income growth driver if recently hired senior bankers' productivity gets up to speed.
In the event of a recession, the bank would face lower balance-sheet growth and higher credit costs.
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Metric
|
KEY
|
WFC
|
FITB
|
|---|---|---|---|
Price/Earnings (Normalized) | 12.37 | 11.66 | 16.68 |
Price/Book Value | 1.41 | 1.56 | 1.56 |
Price/Sales | 2.96 | 2.94 | 3.92 |
Price/Cash Flow | 13.80 | 8.45 | 10.49 |
|
Metric
|
KEY
|
WFC
|
FITB
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | — | — | — |
|
Metric
|
KEY
|
WFC
|
FITB
|
|---|---|---|---|
Return on Assets (Normalized) | 1.14% | — | — |
Return on Equity (Normalized) | 12.26% | — | — |
Return on Invested Capital (Normalized) | — | — | — |
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1-Day Chart
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Name
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Price
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Morningstar Rating for Stocks
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Capital Allocation
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Economic Moat
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