Is KeyCorp (KEY) Among the 13 Bank Stocks with Highest Dividends?

KeyCorp (NYSE:KEY) is included among the 13 Bank Stocks with Highest Dividends.

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On April 6, Evercore ISI lowered its price recommendation on KeyCorp (NYSE:KEY) to $24 from $26. It reiterated an Outperform rating on the shares. The update came as part of the firm’s Q1 preview for banks and specialty finance companies.

On March 31, Morgan Stanley analyst Manan Gosalia also lowered his price target on KeyCorp to $24 from $26, while maintaining an Equal Weight rating. He noted that the median bank stock in the firm’s coverage has declined about 5% over the past 30 days. The move reflects concerns around the impact of the Middle East conflict on economic growth and inflation, along with market worries tied to private credit. As a result, the firm reduced price targets across the group by roughly 9% on average, applying lower valuation multiples to reflect a higher-risk environment.

During the Q4 2025 earnings call, CFO Clark Khayat said the company expects revenue to grow by about 7%. This outlook is supported by net interest income growth of 8% to 10% and noninterest income growth of 3% to 4%. He added that after factoring in recent business decisions that are not expected to affect overall earnings, noninterest income growth would likely come in closer to 5% to 6%. The company also expects expenses to rise by 3% to 4% in 2026. That pace is roughly half the expected revenue growth, implying positive operating leverage of about 300 to 400 basis points.

KeyCorp (NYSE:KEY) operates as a bank-based financial services company through its subsidiary, KeyBank National Association. It provides a range of retail and commercial banking services.

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