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KeyCorp Stock Falls By 29% In The Last 21 Sessions

(VIANEWS) – Shares of KeyCorp (NYSE: KEY) fell by a staggering 29.17% in 21 sessions from $17.55 at 2023-03-07, to $12.43 at 14:58 EST on Wednesday, after four sequential sessions in a row of gains. NYSE is falling 0.35% to $14,933.06, after two sequential sessions in a row of gains.

KeyCorp’s last close was $12.76, 48.36% below its 52-week high of $24.71.

About KeyCorp

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 card, treasury, business advisory, wealth management, asset management, investment, cash management, portfolio management, and trust and related services to individuals and small and medium-sized businesses. It also provides a suite of banking and capital market products, such as syndicated finance, debt and equity capital market products, commercial payments, equipment finance, commercial mortgage banking, derivatives, foreign exchange, financial advisory, and public finance, as well as commercial mortgage loans comprising consumer, energy, healthcare, industrial, public sector, real estate, and technology loans for middle market clients. In addition, the company offers community development financing, securities underwriting, brokerage, and investment banking services. KeyCorp was founded in 1849 and is headquartered in Cleveland, Ohio.

Earnings Per Share

As for profitability, KeyCorp has a trailing twelve months EPS of $1.77.

PE Ratio

KeyCorp has a trailing twelve months price to earnings ratio of 7.03. Meaning, the purchaser of the share is investing $7.03 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 12.38%.

Sales Growth

KeyCorp’s sales growth is 8% for the present quarter and 4.3% for the next.

More news about KeyCorp (KEY).

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