Entering text into the input field will update the search result below

KeyCorp: A High-Yielding Bank Trading Down In The Dumps

Aug. 03, 2022 9:30 AM ETKeyCorp (KEY) Stock6 Comments


  • KeyCorp is a well-run bank that is seeing improving trends and is positioned for loan growth.
  • Management can return significant value to shareholders simply by repurchasing shares at the current price.
  • Shares are attractively valued, pay a solid dividend yield, and have significant upside potential.
  • Looking for a portfolio of ideas like this one? Members of Hoya Capital Income Builder get exclusive access to our model portfolio. Learn More »
Portrait of a cheerful young woman holding money banknotes and celebrating isolated over beige background.


Banks continue to trade rather cheaply relative to the overall market. This presents patient investors an opportunity to layer capital into this beaten down sector while getting paid an attractive dividend yield.

While the larger banks such as JPMorgan Chase (

Gen Alpha Teams Up With Income Builder

Gen Alpha has teamed up with Hoya Capital to launch the premier income-focused investing service on Seeking Alpha. Members receive complete early access to our articles along with exclusive income-focused model portfolios and a comprehensive suite of tools and models to help build sustainable portfolio income targeting premium dividend yields of up to 10%.

Whether your focus is High Yield or Dividend Growth, we’ve got you covered with actionable investment research focusing on real income-producing asset classes that offer potential diversification, monthly income, capital appreciation, and inflation hedging. Start A Free 2-Week Trial Today!

This article was written by

Gen Alpha profile picture

I am Gen Alpha. I have more than 14 years of investment experience, and an MBA in Finance. I focus on stocks that are more defensive in nature, with a medium- to long-term horizon.

I provide high-yield, dividend growth investment ideas in the investing group Hoya Capital Income Builder. The group helps investors achieve dependable monthly income, portfolio diversification, and inflation hedging. It provides investment research on REITs, ETFs, closed-end funds, preferreds, and dividend champions across asset classes. It offers income-focused portfolios targeting dividend yields up to 10%. Learn more.

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

I am not an investment advisor. This article is for informational purposes and does not constitute as financial advice. Readers are encouraged and expected to perform due diligence and draw their own conclusions prior to making any investment decisions.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

Comments (6)

Thanks for your very helpful and intriguing comments on Key. I tend to surrender when it comes to properly evaluating banks, which can be very complex and is way over my financial head. I have also been contemplating Huntington Bank in the Ohio market that Morningstar indicates is undervalued with a 4.5% plus dividend and where the CEO interview with Jim Cramer caught my attention when they discussed the leadership of the CEO in attracting the new Intel chip plant investment near Columbus and THE Ohio State University (love the THE thing!). Do you have any thoughts about Huntington specifically, which I assume competes with Key in some fashion? Also, will the Intel investment drive meaningful growth in new customers that might be worth considering for Key and/or Huntington? Thanks again for your fine work. Best Wishes to All!
Iluvdividends profile picture
I wonder what the chances are that Key would be acquired?
Very familiar with this bank. Think
Your on to something here. I’ll do my fundamental analysis on it. Good write-up thanks
@DLSheeler Thanks! Please let us know what you think about KEY and the competitive landscape in Ohio and other markets. I got burned many years ago by a supposedly good regional bank that fell apart on syndicated loan losses coordinated with a big money center bank that suckered them on the deals. I am sorely tempted to wade back in on banks like Key and Huntington at this point, but still have PTSD from past experience where I leave this area to the pros for now.
@MrSlate unless it got dirt cheap I would not load up on KEY. I’ll stick with HBAN and of course PNC one of most powerful and successful regionals in the US.
@DLSheeler Thanks for your comments and advice where I was leaning towards HBAN. Also, you might want to read a response from Richard Parsons, a former BAC executive who published and analysis of BAC, in response to my question about the competitive advantage afforded to banks that invested heavily in technology, which he believes will be a decisive factor going forwarded. The regional bank he feels is best positioned on this front is Truist for a number of reasons, including the relocation of the new headquarters to Charlotte where there is a strong pool of banking talent to draw upon. He feels the labor market where the bank is located will be a key factor as well. My guess is that HBAN may be in a good position too due to its proximity to Ohio State and the growing presence of a technology related labor force that can fuel the bank’s needs along with Intel. Best Wishes.
Disagree with this article? Submit your own. To report a factual error in this article, . Your feedback matters to us!

About KEY

SymbolLast Price% Chg
Market Cap
Yield (TTM)
Rev Growth (YoY)
Short Interest
Prev. Close
Compare to Peers

More on KEY

Related Stocks

SymbolLast Price% Chg
To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.