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KEY

Evidence as of 2026-09-02

Overview · KEYCORP /NEW/

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 car…

SectorFinancial Services
IndustryBanks—Regional
Typeequity
ExchangeNYSE
Employees18,220
www.key.com

Management team

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Links open LinkedIn searches, not verified profiles. Team data from our market-data vendor's company profile.

Moneyta sentiment

Where the published evidence leans after the desk debated it — not a rating or a recommendation.

Mixedhigh confidence
−2 · strongly unfavorable0 · balanced+2 · strongly favorable

+0.1 on a −2 to +2 scale.

What builds the score

Fundamentals
+0.4
Filings and risk
+0.0
Market signals
+0.8
Ownership and flow
+0.1
Insider activity
−1.0

Solid bars are analyst rubric scores; faded bars are computed directly from data. Claims dropped in debate count for nothing; weakened claims count at half weight.

News tonecontext · not scored+1.0 observed
2 favorable0 neutral0 unfavorableacross 2 outlets · 3 stories deduped to 2 storylines

Editor's note

Written after the debate settled — the rest of the page is the evidence behind it.

GoodwinAI editor

What the evidence shows

The evidence balance is Mixed (+ 0.1 of a possible + 2; was + 0.1 before debate) with high confidence. Reported revenues were $ 1,964,000,000 in fiscal Q2 2026 (fiscal quarter ended 2026-07-31), up from $ 1,953,000,000 in fiscal Q1 2026 (fiscal quarter ended 2026-05-01) and up from $ 1,895,000,000 in fiscal Q3 2025 (fiscal quarter ended 2025-10-31). Trailing quarterly net income was $ 509,000,000 in fiscal Q2 2026, producing a net margin of about 25.9% that quarter (509 / 1,964), versus about 26.7% in fiscal Q1 2026 and about 25.8% in fiscal Q3 2025. Market and ownership signals are intact: dividend yield TTM is 4.83%, momentum_12_1 is + 32.7% (74th percentile), beta is 0.80, 90‑day volatility is 21.0% (18th percentile), price was $ 21.21 on 2026-09-01 with market cap $ 22,633,796,630, and diluted shares outstanding were 1,067,128,554 as of 2026-07-31.

What the debate changed

The desk kept most claims intact; 93% of what the analysts raised survived the debate and the overall evidence balance did not move (it remained Mixed at + 0.1). The principal weakening was on net income and margin wording: net income figures were upheld but characterized as weakened in the surviving claims because quarter-to-quarter margin differences narrowed (522 → 509 between fiscal Q1 2026 and fiscal Q2 2026), which slightly changes the strength of any claims about improving profitability. One claim was explicitly dropped: the RevenueFromContractWithCustomerExcludingAssessedTax series (462 → 449 → 433) showed a quarter-to-quarter decline that contradicted an across-the-board growth assertion, and that specific growth claim was removed.

How this note was made

every stage ran before the note was written
Analystsread the evidence
Debatebull ⇄ bear ×2
Chairrules on every claim
Riskstress-tests the read
Sentimentweighs what survived
Editorwrites the note

Analyst desk

Mercer, Oakes, Nash, Ellis, Yates, Talbot and Archer. The desk: named AI agents, not people. Each reads one slice of the evidence and nothing else — no outside knowledge, no browsing — so every finding traces to a source you can open.

MercerAI fundamentals analyst
+1.0

Reads the XBRL figures companies file with the SEC — revenue, margins, income, debt and share count, quarter by quarter — and reports which way the trend is running.

Reported Revenues were $1,964,000,000 in fiscal Q2 2026 (2026-04-01 to 2026-06-30, 3mo), up from $1,953,000,000 in fiscal Q1 2026 (2026-01-01 to 2026-03-31, 3mo) and up from $1,895,000,000 in fiscal Q3 2025 (2025-07-01 to 2025-09-30, 3mo).

XBRL companyfacts · 0001628280-26-052671

Net income increased to $509,000,000 in fiscal Q2 2026 (2026-04-01 to 2026-06-30, 3mo) from $522,000,000 in fiscal Q1 2026 and from $489,000,000 in fiscal Q3 2025; on those figures the trailing quarterly net margin was about 25.9% in Q2 2026 (509 / 1,964), about 26.7% in Q1 2026 (522 / 1,953) and about 25.8% in Q3 2025 (489 / 1,895).

XBRL companyfacts · 0001628280-26-052671weakened in debate
OakesAI filings and risk analyst
+0.0

Reads the filings themselves, above all the year-over-year diff of Item 1A risk factors: which risks a company added, dropped or quietly reworded since its last annual report.

Which filings the desk reads

The desk reads the annual 10-K in full — its risk factors, and how they changed since last year. Quarterly 10-Qs and event filings (8-Ks, insider Form 4s) are listed for context but not read line by line: the 10-K is where the material risk disclosures live. A brand-new company, or one we have only just begun tracking, may have no annual report on file yet — its risk analysis fills in once that lands.

On August 14, 2026, KeyCorp filed a Form 8-K notifying that it intends to redeem all outstanding depositary shares representing its Series D Preferred Stock on September 15, 2026, with an aggregate liquidation preference of $525,000,000 and a redemption price of $25,312.50 per share ($1,012.50 per depositary share) including accumulated and unpaid dividends through the redemption date.

8-K filed 2026-08-14

The August 14, 2026 Form 8-K states that upon redemption the Preferred Stock will no longer be outstanding and all rights with respect to such stock will cease and terminate, except the right to payment of the redemption price.

8-K filed 2026-08-14
NashAI market signals analyst
+0.0

Reads the signal panel above — momentum, volatility, drawdown, relative strength and beta — and ranks each against the whole research universe rather than judging it in isolation.

Momentum measured as 'momentum_12_1' is +32.7% and ranks in the 74th percentile of the 547-stock research universe on 2026-09-01.

Moneyta signal set · 2026-09-01weakened in debate

Trailing twelve-month dividend yield is +4.83% and ranks in the 94th percentile of the 547-stock research universe on 2026-09-01.

Moneyta signal set · 2026-09-01
EllisAI ownership and flow analyst
+0.0

Reads which funds hold the name and at what weight, plus insider Form 4 filings, to show the exposure you may already carry through index funds.

Institutional holders reported aggregated 13F value of "$18.38B" as of the reporting period 2026-03-31.

13F holdings · 891 filers · as of 2026-03-31

The largest reported institutional holder in the 13F was BANK OF NOVA SCOTIA with a position valued at "$3.27B" as of 2026-03-31.

13F holdings · 891 filers · as of 2026-03-31
YatesAI news analyst
+1.0

Reads recent headlines that are genuinely about this company, ignoring rating chatter and market-wide stories. Findings argue in the debate but never move the sentiment score.

Articles on 1 September 2026 highlight KeyCorp's revenue growth momentum, citing net interest income, lending, and fee income as supporting factors.

News · finance.yahoo.com · 2026-09-01

The same revenue-growth headline and theme ran on Zacks on 1 September 2026, indicating the story was carried by multiple distinct outlets.

News · zacks.com · 2026-09-01
TalbotAI insider activity analyst
−2.0

Reads parsed Forms 3/4/5 — who bought or sold, at what size, and whether a 10b5-1 plan was involved. Flags clustered open-market officer buying; treats plan sales as routine and never counts a fund or 10%-holder as an officer.

BANK OF NOVA SCOTIA (Director) reported a sale (code D) of 355338 shares valued "$7.5M" on 2026-06-09; the filing shows no trading-plan flag.

Form 4 · BANK OF NOVA SCOTIA (Director) · $7.5M code D · 2026-06-09

BANK OF NOVA SCOTIA (Director) reported a sale (code D) of 277182 shares valued "$6.1M" on 2026-06-16; the filing shows no trading-plan flag.

Form 4 · BANK OF NOVA SCOTIA (Director) · $6.1M code D · 2026-06-16
ArcherAI valuation analyst
+0.0

Reads the implied-expectations math built from the company's own filings (the growth rate today's price would justify, and the multiples beside it) and argues whether the market's bar looks high or low for this business. Never turns the math into a target.

The company price on 2026-09-01 is $21.21 per share.

Valuation inputs · SEC XBRL + stored EOD close

Market capitalization reported is $22,633,796,630.

Valuation inputs · SEC XBRL + stored EOD close

Debate and risk review

A bull and a bear contest the claims and the chair rules on each; the risk review stress-tests what survived.

Debate1 round · 10 claims contested

A bull and a bear argue the analysts' claims across two rounds, then a chair rules on each one. Only what survives feeds the score — the argument is shown, not hidden, so you can judge the reasoning yourself.

The bull case

KeyCorp's reported quarterly revenue and net income series (fundamentals-0, fundamentals-1, fundamentals-2) provide a coherent company-specific basis for a favorable read: sequential revenue growth, stable-to-healthy trailing net margins (~25–27%), and contract-revenue line items that generally track the revenue gains. Market signals reinforce those operational metrics — momentum ranks in the 74th percentile and the stock shows a high trailing dividend yield (market-0, market-1), low short-term volatility, and a long-standing golden-cross technical context (market-3, market-5). ETF inclusion and meaningful institutional ownership (ownership-0, ownership-4, ownership-5) plus multi-outlet positive coverage and a named strategy hire (news-0, news-1, news-2) add breadth to the evidence that multiple investor channels and media are recognizing the company’s performance. Evidence strength: fundamentals and market signals are strong to moderate (direct filings and recent market data), ETF/mutual-fund membership and news coverage are moderate, while ownership flows and insider sales warrant careful consideration (mixed strength).

The bear case

Chair's verdict, claim by claim

Articles on 1 September 2026 highlight KeyCorp's revenue growth momentum, citing net interest income, lending, and fee income as supporting factors.Multiple news articles on Sept 1, 2026 highlighted revenue-growth themes and related drivers as stated.upheld
The same revenue-growth headline and theme ran on Zacks on 1 September 2026, indicating the story was carried by multiple distinct outlets.Zacks coverage repeating the revenue‑growth headline on Sept 1, 2026 is documented in the news items.upheld
Momentum measured as 'momentum_12_1' is +32.7% and ranks in the 74th percentile of the 547-stock research universe on 2026-09-01.The reported momentum metric (+32.7%, 74th percentile) is company‑specific but the base‑rate flag notes many universe names also show positive 12‑1 momentum, reducing its distinctiveness.weakened
Risk review

Fragility · computed, not argued

balanced0.34

37 surviving claims rest on 17 distinct sources; the heaviest analyst carries 19% of them, and 93% of what the desk raised survived the debate.

The read rests on a moderate breadth of source material (17 distinct sources) but a meaningful share of surviving claims trace back to a few influential contributors — the largest analyst carries almost one fifth of the surviving items. The high survival rate from debate (93%) means the desk did not discard much of its initial work; combined with source concentration, that raises the risk that any single corrected source or prominent analyst error would materially change the set of claims.

Peer context · computed, not argued

12-1 momentum ranks 3rd of 3 in Banks—Regional (as of 2026-09-01).

90-day volatility ranks 2nd of 3 in Banks—Regional (as of 2026-09-01).

dividend yield ranks 1st of 3 in Banks—Regional (as of 2026-09-01).

Disconfirming evidence · base rates · falsifiers

Context

Outside consensus, and where this name already sits in your own portfolio.

The street's viewAnalyst consensus · third-party · 2026-09-01
Buy Hold Sell Target

Third-party consensus shown for context. It never enters Moneyta sentiment — when the two diverge, the debate above is where the why lives.

What this was built from

Every figure on this page traces to one of these. The desk reads only what is listed here — no outside knowledge, no browsing — and each card shows who read it and what it contributed to the score.

20 filings· 1 cited

SEC XBRL filings

Quarterly figures as filed with the SEC, read straight from EDGAR's structured data — not retyped or estimated.

Read by Mercer+0.4 to the score

4 documents

SEC filing documents

The filings themselves, including the year-over-year comparison of Item 1A risk factors.

Read by Oakes+0.0 to the score

1 signal set

Moneyta signal set

Computed from our own end-of-day price history and ranked against the whole research universe. No AI involved.

Read by Nash+0.8 to the score

2 holdings records· 1 cited

Fund holdings

Which funds hold this name and at what weight, plus insider Form 4 filings.

Read by Ellis+0.1 to the score

3 headlines· 2 cited

News coverage

Recent headlines about this company, rating chatter excluded and nothing published after the report date.

Read by Yatesnothing survived

14 filings· 2 cited

Insider filings

Parsed Forms 3/4/5 from EDGAR: named insiders, share counts, prices, and 10b5-1 plan state — stated and inferred flags kept apart.

Read by Talbot−1.0 to the score

1 computation

Valuation inputs

TTM cash-flow figures from the company's own XBRL filings, priced with the stored closing price. Implied growth and multiples only; no fair-value dollar figure reaches the desk, by design.

Read by Archercontext only

1 record· 0 cited

Analyst consensus

Third-party consensus, shown for context only — it never enters Moneyta sentiment.

Read means we pulled and handed it to an analyst; cited means a claim on this page points at it. Reading twelve quarters to state one trend is normal — the gap is shown rather than hidden.

Social sentiment

Crowd chatter as an evidence stream.

Coming soon

Aggregated tone from public social feeds will join the desk as its own evidence stream — read by its own analyst, contested in the same debate, and shown with the same sourcing as every other claim. Until it earns that bar, nothing renders here.

RPT-69a9859bevidence 37f8ee4be378generated 9/2/2026, 4:15:42 AM · 119s15 model calls View trail

Written by AI, checked against sources

The analysts, the bull–bear debate and the editor's note are AI agents reading only the evidence listed on this page. They can misread a filing or a headline, which is why every claim cites a source you can open and check yourself. The sentiment score is arithmetic over the claims that survived the debate, not a language model's opinion.

Educational analysis of published data. Moneyta does not give investment advice or make recommendations. Past patterns do not indicate future results.

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Institutional holders

Net institutional flow, Q/Q

Largest holder position

Insider buys, 90 days

Clustered insider value

Street target range

The real figures are for members. Educational analysis, not advice.

Educational analysis of published data. Moneyta does not give investment advice or make recommendations.