HBAN vs KEY Stock Comparison

Huntington Bancshares and Keycorp Prices as of Oct 26, 2026 Peers: Industry group
KEY Keycorp /New/
$21.21 +3.0% 1M +19.0% 1Y
Market cap
$22.69B
P/E
11.5x
Revenue (TTM)
—
Div. yield
–
Regional Banks Financial Services
4 wins

Head to Head

6 decided of 12

Keycorp leads on 4 of the 12 questions below (Keycorp 4, Huntington Bancshares 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionHBANKEYLeader
Larger companyMarket capitalisation $31.83B $22.69B HBAN
Cheaper on earningsLower P/E, profitable companies only 14.2x 11.5x KEY
Cheaper on forward earningsLower price / next fiscal year consensus EPS 12.5x 10.8x KEY
Faster revenue growthRevenue growth, trailing twelve months +26.4% — –
More profitableNet margin, trailing twelve months 23.1% — –
Better return on capitalReturn on invested capital 11.3% — –
Less leveragedLower net debt / EBITDA 2.4x — –
Higher dividend yieldTrailing dividend yield 0.03% 0.00% –
Better 1-year returnPrice return, last 12 months -2.1% +19.0% KEY
Better 5-year returnAnnualised price return, 5 years -0.3%/yr -1.9%/yr HBAN
Less volatileAnnualised volatility, 1 year 26.0% 22.9% KEY
Higher overall scoreMean of the five percentile scores vs peers 41/100 — –

Percentile Scorecard

HBANKEY

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisHBANKEY
Valuation 39 #223 of 362 56 #160 of 362
Growth 37 #139 of 221 –
Profitability 38 #125 of 200 –
Financial Health 29 #144 of 203 –
Shareholder Returns 61 #135 of 342 86 #49 of 342
Overall 41 –
  • HBAN ranked among 370 companies in Banking
  • KEY ranked among 370 companies in Banking

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodHBANKEYSPY
1 month +0.6%+3.0% -0.8%
3 months -8.3%-5.7% +3.5%
6 months -4.8%-3.2% +7.0%
Year to date -9.3%+2.8% +12.2%
1 year -2.1%+19.0% +13.0%
3 years +66.6%+113.8% +86.3%
3 years, per year +18.6%+28.9% +23.1%
5 years -1.5%-8.9% +68.6%
5 years, per year -0.3%-1.9% +11.0%
10 years +47.0%+49.6% +258.0%
10 years, per year +3.9%+4.1% +13.6%

Risk

MeasureHBANKEYSPY
Volatility, 1Y 26.0%22.9% 12.7%
Downside volatility, 1Y 28.8%23.5% 12.7%
Beta vs S&P 500, 1Y 0.780.72 1.00
Return / volatility, 1Y -0.080.83 1.02
Max drawdown, 5Y -47.4%-66.9% -25.4%
From 52-week high -18.4%-11.6% -1.8%
52-week high $19.27$23.98 $779.14
52-week low $15.02$17.12 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleHBANKEY
P/E now vs peer median 14.2xmedian 12.1x 11.5xmedian 12.1x
P/S now vs peer median 3.3xmedian 3.4x 2.8xmedian 3.4x
EV/EBITDA now vs peer median 6.2xmedian 5.0x —median 5.0x
P/FCF now vs peer median 11.8xmedian 11.0x 17.9xmedian 11.0x
P/B now vs peer median 1.0xmedian 1.2x 1.3xmedian 1.2x
PEG now vs peer median -1.30median 1.36 0.83median 1.36

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsHBANKEY
Revenue $9.72B –
Net income $2.41B –
Free cash flow $2.68B –
EPS (diluted) $1.10 $1.82
Total debt $21.85B –
Shares (diluted) 2.05B 1.08B
Enterprise value $27.30B $22.69B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricHBANKEY
P/E 14.2x 11.5x
P/FCF 11.8x 17.9x
P/Operating cash flow 10.4x –
P/S 3.3x 2.8x
P/B 1.0x 1.3x
P/Tangible book 1.0x 1.3x
EV/EBITDA 6.2x –
EV/EBIT 6.9x –
EV/Revenue 5.4x –
EV/FCF 19.5x –
EV/Operating cash flow 17.1x –
PEG (3Y EPS CAGR) -1.30 0.83

Growth

14 metrics
MetricHBANKEY
Revenue growth (1Y) 26.4% –
Revenue CAGR (3Y) 8.4% –
Gross profit growth (1Y) – –
Gross profit CAGR (3Y) – –
Operating income growth (1Y) – –
Operating income CAGR (3Y) – –
Net income growth (1Y) 13.4% –
Net income CAGR (3Y) 0.0% –
EPS growth (1Y) -18.3% 117.5%
EPS CAGR (3Y) -10.9% 13.9%
Operating cash flow growth (1Y) 44.2% –
Operating cash flow CAGR (3Y) 1.1% –
Free cash flow growth (1Y) 37.8% –
Free cash flow CAGR (3Y) -1.6% –

Profitability

14 metrics
MetricHBANKEY
Gross margin – –
EBITDA margin 86.2% –
Operating margin – –
Pretax margin 30.2% –
Net margin 23.1% –
FCF margin 27.6% –
Operating cash flow margin 31.5% –
Return on equity 7.4% 11.3%
Return on assets 0.8% 1.1%
Return on invested capital 11.3% –
Return on capital employed – –
Asset turnover 0.0x –
Cash conversion (OCF / net income) 1.3x –
Stock comp / revenue 1.6% –

Financial Health

11 metrics
MetricHBANKEY
Debt / assets 7.7% –
Debt / equity 0.7x –
Net debt / EBITDA 2.4x –
Debt / FCF 8.1x –
Liabilities / assets 88.5% 90.8%
Equity / assets 11.5% 9.2%
Interest coverage 1.6x –
Current ratio – –
Quick ratio – –
Cash ratio – –
Altman Z-score – –

Shareholder Returns

7 metrics
MetricHBANKEY
Dividend yield 3.8% 3.8%
Net buyback yield 1.0% –
Shareholder yield 4.8% 3.8%
Payout ratio (earnings) 42.2% –
Payout ratio (FCF) 38.0% –
Dividend growth (1Y) 12.6% –
Dividend CAGR (3Y) 4.3% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusHBANKEY
Forward P/E 12.5xFY2026 10.8xFY2026
EPS, next fiscal year $1.26FY2026 $1.97FY2026
EPS growth, next FY -9.4%FY2026 +29.6%FY2026
EPS growth, the year after +48.4% +15.7%
Revenue, next fiscal year $10.37BFY2026 $7.55BFY2026
Revenue growth, next FY +26.0%FY2026 +0.5%FY2026
Revenue growth, the year after +12.5% +11.4%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersHBANKEY
Held by institutions 86.7% 88.1%
Institutions holding 1,150 943
Change in shares held, QoQ +1.4% +1.1%
Institutions buying 574 468
Institutions selling 380 301
Buyers to sellers 1.51 1.55

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

HBANKEY
HBAN 1.00 0.84
KEY 0.84 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, HBAN and KEY?

Huntington Bancshares (HBAN) is the largest by market capitalisation: Huntington Bancshares (HBAN) $31.83B, Keycorp (KEY) $22.69B.

Which stock is cheaper, HBAN and KEY?

Keycorp (KEY) trades on the lowest price-to-earnings ratio (Huntington Bancshares (HBAN) 14.2x, Keycorp (KEY) 11.5x). On next year's consensus earnings, Keycorp (KEY) is cheapest (Huntington Bancshares (HBAN) 12.5x, Keycorp (KEY) 10.8x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which stock has performed better?

Over the past year Keycorp (KEY) returned the most: Huntington Bancshares (HBAN) -2.1%, Keycorp (KEY) +19.0%. Over five years, Huntington Bancshares (HBAN) compounded fastest (Huntington Bancshares (HBAN) -0.3%/yr, Keycorp (KEY) -1.9%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Huntington Bancshares (HBAN) 0.03%, Keycorp (KEY) 0.00%. Keycorp (KEY) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Keycorp (KEY) has been the steadiest (Huntington Bancshares (HBAN) 26.0%, Keycorp (KEY) 22.9%). Volatility measures how widely the price swings, not the risk of the business.

Do HBAN and KEY move together?

Their daily returns over the past year have a correlation of 0.84, a strong positive relationship. Holding both adds little diversification.

Which is the better stock, HBAN and KEY?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Keycorp (KEY) leads on 4. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.