KEYCORP /NEW/
KEY, KEY-PK, KEY-PI, KEY-PJ, KEY-PL · National Commercial Banks · 1.08B shares · -2%/yr ↓ buyback · EDGAR filings ↗
Net buyback after stock comp: $464M (gross $585M, SBC $121M)
Reference price $20.88 · est. market cap ~$22.6B — last insider sale, 2026-06-03 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
C63Solid but unremarkable regional commercial bank with mid-pack returns.
Strengths
- Record 2025 revenue with positive operating leverage; CET1 11.78% and growing AUM ($70B record)
- Net margin 24.3% and improving credit metrics (NCOs 41 bps, favorable leading indicators)
Risks
- ROE 9.0% (36th pct) and ROA 0.99% (44th pct) cluster near the sector median
- Concentrated commercial/CRE exposure (~72% of loans) and revenue dipped ~3%
- Interest-rate and CRE-cycle sensitivity
Notable findings
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Net margin
24.3%
Return on equity
9.0%
Return on assets
1.0%
Revenue growth (QoQ)
-2.6%
Debt / equity
0.5×
Tangible book value
$17.6B
Stock comp / revenue
1.8%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-03 | Gile Elizabeth R. | Sell | 24K | $20.88 |
| 2026-05-11 | Hipple Richard J | Option exercise | 18K | — |
| 2026-05-11 | Dallas H James | Option exercise | 18K | — |
| 2026-05-11 | Snyder Barbara R | Option exercise | 18K | — |
| 2026-05-11 | Dallas H James | Disposition | 9.1K | $21.41 |
| 2026-05-11 | Hipple Richard J | Disposition | 9.1K | $21.41 |
| 2026-05-11 | Snyder Barbara R | Disposition | 9.1K | $21.41 |
| 2026-05-11 | Hayes Robin | Option exercise | 18K | — |
| 2026-05-11 | Hayes Robin | Disposition | 9.1K | $21.41 |
| 2026-05-11 | Highsmith Carlton L | Option exercise | 18K | — |
| 2026-05-11 | Highsmith Carlton L | Disposition | 9.1K | $21.41 |
| 2026-05-08 | Mago Angela G | Sell | 23K | $21.66 |
| 2026-05-08 | Mago Angela G | Option exercise | 23K | $18.96 |
| 2026-04-01 | Snyder Barbara R | Option exercise | 1.5K | — |
| 2026-04-01 | Snyder Barbara R | Option exercise | 1.4K | — |
| 2026-02-17 | Paine Andrew J III | Option exercise | 45K | — |
| 2026-02-17 | Paine Andrew J III | Tax withheld | 13K | $21.69 |
| 2026-02-17 | Evans Trina M | Option exercise | 13K | — |
| 2026-02-17 | Evans Trina M | Tax withheld | 4.1K | $21.69 |
| 2026-02-17 | Brady Amy G. | Option exercise | 28K | — |
| 2026-02-17 | Brady Amy G. | Tax withheld | 8.4K | $21.69 |
| 2026-02-17 | Gorman Christopher M. | Option exercise | 130K | — |
| 2026-02-17 | Khayat Clark H | Option exercise | 27K | — |
| 2026-02-17 | Khayat Clark H | Tax withheld | 8.1K | $21.69 |
| 2026-02-17 | Gorman Christopher M. | Tax withheld | 51K | $21.69 |
| 2026-02-17 | Ramani Mohit | Option exercise | 5.8K | — |
| 2026-02-17 | Ramani Mohit | Tax withheld | 2.6K | $21.69 |
| 2026-02-17 | Gilbert Stacy L | Option exercise | 4.3K | — |
| 2026-02-17 | Gilbert Stacy L | Tax withheld | 1.5K | $21.69 |
| 2026-02-17 | Kidik Allyson M | Option exercise | 5.0K | — |
| 2026-02-17 | Kidik Allyson M | Tax withheld | 1.7K | $21.69 |
| 2026-02-17 | Gavrity Kenneth C | Option exercise | 22K | — |
| 2026-02-17 | Gavrity Kenneth C | Tax withheld | 6.6K | $21.69 |
| 2026-02-17 | Alexander Victor B | Option exercise | 23K | — |
| 2026-02-17 | Alexander Victor B | Tax withheld | 6.8K | $21.69 |
| 2026-02-17 | Waters James L | Option exercise | 24K | — |
| 2026-02-17 | Waters James L | Tax withheld | 7.4K | $21.69 |
| 2026-02-17 | Mago Angela G | Option exercise | 33K | — |
| 2026-02-17 | Mago Angela G | Tax withheld | 12K | $21.69 |
| 2026-02-06 | Paine Andrew J III | Sell | 66K | $23.23 |
| 2026-01-29 | Mago Angela G | Option exercise | 63K | $10.49 |
| 2026-01-29 | Mago Angela G | Sell | 63K | $21.55 |
| 2026-01-24 | Hayes Robin | Option exercise | 738 | — |
| 2026-01-23 | Ramani Mohit | Option exercise | 61K | — |
| 2026-01-23 | Ramani Mohit | Tax withheld | 21K | $21.10 |
| 2026-01-22 | Evans Trina M | Option exercise | 8.7K | $18.96 |
| 2026-01-22 | Evans Trina M | Sell | 33K | $21.74 |
| 2026-01-21 | Alexander Victor B | Tax withheld | 6.2K | $21.72 |
| 2026-01-21 | Alexander Victor B | Option exercise | 9.3K | $10.49 |
| 2026-01-02 | Wilson David K | Option exercise | 1.7K | — |
| 2026-01-01 | Wilson David K | Option exercise | 8.6K | — |
| 2026-01-01 | Snyder Barbara R | Option exercise | 1.5K | — |
| 2026-01-01 | Snyder Barbara R | Option exercise | 1.4K | — |
| 2026-01-01 | Gile Elizabeth R. | Option exercise | 4.3K | — |
| 2026-01-01 | Hayes Robin | Option exercise | 3.2K | — |
| 2025-12-10 | Paine Andrew J III | Gift | 12K | — |
| 2025-10-01 | Snyder Barbara R | Option exercise | 1.5K | — |
| 2025-10-01 | Snyder Barbara R | Option exercise | 1.4K | — |
| 2025-09-10 | Gorman Christopher M. | Gift | 67K | — |
| 2025-09-09 | Paine Andrew J III | Option exercise | 45K | $10.43 |
| 2025-09-09 | Paine Andrew J III | Sell | 45K | $19.29 |
| 2025-08-09 | Paine Andrew J III | Gift | 39K | — |
| 2025-08-08 | Brady Amy G. | Sell | 50K | $17.61 |
| 2025-07-24 | Evans Trina M | Sell | 17K | $18.67 |
| 2025-07-23 | Gorman Christopher M. | Sell | 112K | $18.86 |
| 2025-07-23 | Gorman Christopher M. | Option exercise | 112K | $10.49 |
| 2025-07-01 | Snyder Barbara R | Option exercise | 36K | — |
| 2025-07-01 | VASOS TODD J | Option exercise | 9.7K | — |
| 2025-07-01 | CUTLER ALEXANDER M | Option exercise | 14K | — |
| 2025-07-01 | Snyder Barbara R | Option exercise | 1.5K | — |
| 2025-06-12 | Brady Amy G. | Sell | 19K | $16.09 |
| 2025-05-13 | Highsmith Carlton L | Sell | 5.0K | $16.60 |
| 2025-05-12 | Hipple Richard J | Disposition | 4.3K | $14.70 |
| 2025-05-12 | Hipple Richard J | Option exercise | 8.6K | — |
| 2025-05-12 | Highsmith Carlton L | Option exercise | 8.6K | — |
| 2025-05-12 | Highsmith Carlton L | Disposition | 4.3K | $14.70 |
| 2025-05-12 | Hayes Robin | Option exercise | 8.6K | — |
| 2025-05-12 | Hayes Robin | Disposition | 4.3K | $14.70 |
| 2025-05-12 | Dallas H James | Option exercise | 8.6K | — |
| 2025-05-12 | Dallas H James | Disposition | 4.3K | $14.70 |
| 2025-04-22 | Allard Jacqui | Buy | 180 | $14.03 |
| 2025-04-21 | Tobin Richard J | Buy | 750 | $13.84 |
| 2025-04-21 | Khanna Somesh | Buy | 100 | $13.87 |
| 2025-04-21 | Ramani Mohit | Buy | 10K | $13.75 |
| 2025-02-17 | Brady Amy G. | Option exercise | 27K | — |
| 2025-02-17 | Gorman Christopher M. | Option exercise | 116K | — |
| 2025-02-17 | Gorman Christopher M. | Tax withheld | 46K | $17.72 |
| 2025-02-17 | Khayat Clark H | Option exercise | 21K | — |
| 2025-02-17 | Khayat Clark H | Tax withheld | 6.8K | $17.72 |
| 2025-02-17 | Gilbert Stacy L | Option exercise | 3.2K | — |
| 2025-02-17 | Gilbert Stacy L | Tax withheld | 1.1K | $17.72 |
| 2025-02-17 | Gavrity Kenneth C | Option exercise | 18K | — |
| 2025-02-17 | Gavrity Kenneth C | Tax withheld | 5.7K | $17.72 |
| 2025-02-17 | Evans Trina M | Option exercise | 13K | — |
| 2025-02-17 | Evans Trina M | Tax withheld | 4.2K | $17.72 |
| 2025-02-17 | Brady Amy G. | Tax withheld | 8.5K | $17.72 |
| 2025-02-17 | Alexander Victor B | Option exercise | 20K | — |
| 2025-02-17 | Alexander Victor B | Tax withheld | 6.3K | $17.72 |
| 2025-02-17 | Waters James L | Option exercise | 18K | — |
| 2025-02-17 | Waters James L | Tax withheld | 5.6K | $17.72 |
| 2025-02-17 | Paine Andrew J III | Option exercise | 43K | — |
| 2025-02-17 | Paine Andrew J III | Tax withheld | 13K | $17.72 |
| 2025-02-17 | Mago Angela G | Option exercise | 33K | — |
| 2025-02-17 | Mago Angela G | Tax withheld | 10K | $17.72 |
| 2025-02-17 | Kidik Allyson M | Option exercise | 3.9K | — |
| 2025-02-17 | Kidik Allyson M | Tax withheld | 1.4K | $17.72 |
| 2025-02-14 | Kidik Allyson M | Option exercise | 1.0K | $14.11 |
| 2025-02-14 | Kidik Allyson M | Sell | 1.0K | $17.69 |
| 2025-02-13 | Gorman Christopher M. | Option exercise | 58K | $14.11 |
| 2025-02-13 | Gorman Christopher M. | Sell | 58K | $17.46 |
| 2025-01-24 | Hayes Robin | Option exercise | 704 | — |
| 2025-01-02 | Wilson David K | Option exercise | 1.6K | — |
| 2025-01-01 | VASOS TODD J | Option exercise | 6.1K | — |
| 2025-01-01 | Wilson David K | Option exercise | 8.4K | — |
| 2025-01-01 | Hayes Robin | Option exercise | 3.0K | — |
| 2025-01-01 | Gile Elizabeth R. | Option exercise | 4.1K | — |
All non-derivative Form 4 activity (SEC), newest first.
Supply chain
Customers (0)
Suppliers (1)
- Federal Home Loan Bank (FHLB)
Named in the 10-K; linked when we track them.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-06-10 | OtherExhibits | filing ↗ |
| 2026-06-03 | OtherExhibits | filing ↗ |
| 2026-05-29 | Reg FDExhibits | filing ↗ |
| 2026-05-14 | Exec/director changeShareholder voteOtherExhibits | filing ↗ |
| 2026-04-16 | ResultsExhibits | filing ↗ |
| 2026-03-02 | Exec/director changeExhibits | filing ↗ |
| 2026-02-09 | Reg FDExhibits | filing ↗ |
| 2026-01-28 | OtherExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-10 | 2026-06-10 | 0001193125-26-265823 ↗ |
| 8-K | 2026-06-03 | 2026-06-03 | 0001628280-26-040502 ↗ |
| 8-K | 2026-05-29 | 2026-05-29 | 0001628280-26-039245 ↗ |
| 8-K | 2026-05-14 | 2026-05-13 | 0001628280-26-035060 ↗ |
| 10-Q | 2026-05-05 | 2026-03-31 | 0001628280-26-030507 ↗ |
| 8-K | 2026-04-16 | 2026-04-16 | 0000091576-26-000013 ↗ |
| 8-K | 2026-03-02 | 2026-02-24 | 0001628280-26-013254 ↗ |
| 10-K | 2026-02-23 | 2025-12-31 | 0001628280-26-010546 ↗ |
| 8-K | 2026-02-09 | 2026-02-09 | 0000091576-26-000008 ↗ |
| 8-K | 2026-01-28 | 2026-01-28 | 0001193125-26-027193 ↗ |
| 8-K | 2026-01-20 | 2026-01-15 | 0000091576-26-000006 ↗ |
| 8-K | 2026-01-16 | 2026-01-13 | 0000091576-26-000003 ↗ |