HBAN vs TFC vs KEY Stock Comparison

Huntington Bancshares, Truist Financial and Keycorp Prices as of Oct 29, 2026 Peers: Industry group
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TFC Truist Financial Corp
$49.28 +6.1% 1M +12.2% 1Y
Market cap
$59.06B
P/E
12.2x
Revenue (TTM)
$19.41B
Div. yield
4.22%
Regional Banks Financial Services
3 wins
KEY Keycorp /New/
$21.48 +6.8% 1M +23.4% 1Y
Market cap
$22.92B
P/E
11.7x
Revenue (TTM)
—
Div. yield
3.75%
Regional Banks Financial Services
4 wins

Head to Head

12 decided of 12

Huntington Bancshares leads on 5 of the 12 questions below (Huntington Bancshares 5, Keycorp 4, Truist Financial 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionHBANTFCKEYLeader
Larger companyMarket capitalisation $32.19B $59.06B $22.92B TFC
Cheaper on earningsLower P/E, profitable companies only 13.9x 12.2x 11.7x KEY
Cheaper on forward earningsLower price / next fiscal year consensus EPS 12.7x 11.5x 10.9x KEY
Faster revenue growthRevenue growth, trailing twelve months +30.6% -3.6% — HBAN
More profitableNet margin, trailing twelve months 22.4% 25.1% — TFC
Better return on capitalReturn on invested capital 11.9% 10.2% — HBAN
Less leveragedLower net debt / EBITDA 2.5x 4.1x — HBAN
Higher dividend yieldTrailing dividend yield 3.79% 4.22% 3.75% TFC
Better 1-year returnPrice return, last 12 months +5.3% +12.2% +23.4% KEY
Better 5-year returnAnnualised price return, 5 years +0.3%/yr -4.9%/yr -1.6%/yr HBAN
Less volatileAnnualised volatility, 1 year 25.9% 23.4% 22.9% KEY
Higher overall scoreMean of the five percentile scores vs peers 44/100 34/100 — HBAN

Percentile Scorecard

HBANTFCKEY

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

AxisHBANTFCKEY
Valuation 46 #197 of 361 43 #206 of 361 55 #163 of 361
Growth 36 #99 of 153 19 #124 of 153 –
Profitability 40 #77 of 128 39 #79 of 128 –
Financial Health 35 #92 of 140 22 #109 of 140 –
Shareholder Returns 64 #122 of 335 45 #184 of 335 87 #46 of 335
Overall 44 34 –
  • HBAN ranked among 368 companies in Banking
  • TFC ranked among 368 companies in Banking
  • KEY ranked among 368 companies in Banking

Price Performance

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

Returns

PeriodHBANTFCKEYSPY
1 month +4.6%+6.1%+6.8% +0.7%
3 months -6.5%-5.2%-5.0% +3.7%
6 months -4.7%-4.3%-2.8% +7.1%
Year to date -8.0%+0.1%+4.1% +12.8%
1 year +5.3%+12.2%+23.4% +11.9%
3 years +67.1%+74.9%+113.1% +85.2%
3 years, per year +18.7%+20.5%+28.7% +22.8%
5 years +1.5%-22.4%-7.7% +67.6%
5 years, per year +0.3%-4.9%-1.6% +10.9%
10 years +51.2%+25.9%+52.7% +262.0%
10 years, per year +4.2%+2.3%+4.3% +13.7%

Risk

MeasureHBANTFCKEYSPY
Volatility, 1Y 25.9%23.4%22.9% 12.7%
Downside volatility, 1Y 28.6%26.3%23.5% 12.6%
Beta vs S&P 500, 1Y 0.770.590.72 1.00
Return / volatility, 1Y 0.210.521.03 0.94
Max drawdown, 5Y -47.4%-61.1%-66.9% -25.4%
From 52-week high -17.1%-11.7%-10.4% -1.2%
52-week high $19.27$55.81$23.98 $779.14
52-week low $15.02$43.73$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.

MultipleHBANTFCKEY
P/E now vs peer median 13.9xmedian 12.2x 12.2xmedian 12.2x 11.7xmedian 12.2x
P/S now vs peer median 3.1xmedian 3.4x 3.0xmedian 3.4x 2.8xmedian 3.4x
EV/EBITDA now vs peer median 6.2xmedian 5.3x 7.7xmedian 5.3x —median 5.3x
P/FCF now vs peer median 11.0xmedian 10.8x 9.7xmedian 10.8x 17.9xmedian 10.8x
P/B now vs peer median 1.0xmedian 1.2x 1.0xmedian 1.2x 1.3xmedian 1.2x
PEG now vs peer median -1.52median 1.34 -795.40median 1.34 0.84median 1.34

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 monthsHBANTFCKEY
Revenue $10.38B $19.41B –
Net income $2.51B $5.19B –
Free cash flow $2.92B $6.06B –
EPS (diluted) $1.14 $3.97 $1.82
Total debt $23.41B $65.79B –
Shares (diluted) 2.05B 1.23B 1.08B
Enterprise value $27.13B $59.06B $22.92B

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
MetricHBANTFCKEY
P/E 13.9x 12.2x 11.7x
P/FCF 11.0x 9.7x 17.9x
P/Operating cash flow 9.6x 9.7x –
P/S 3.1x 3.0x 2.8x
P/B 1.0x 1.0x 1.3x
P/Tangible book 1.1x 1.0x 1.3x
EV/EBITDA 6.2x 7.7x –
EV/EBIT 6.8x 8.1x –
EV/Revenue 5.2x 6.4x –
EV/FCF 18.5x 20.6x –
EV/Operating cash flow 16.2x 20.6x –
PEG (3Y EPS CAGR) -1.52 -795.40 0.84

Growth

14 metrics
MetricHBANTFCKEY
Revenue growth (1Y) 30.6% -3.6% –
Revenue CAGR (3Y) 10.9% 2.0% –
Gross profit growth (1Y) – – –
Gross profit CAGR (3Y) – – –
Operating income growth (1Y) – – –
Operating income CAGR (3Y) – – –
Net income growth (1Y) 11.8% -0.8% –
Net income CAGR (3Y) 1.8% -3.2% –
EPS growth (1Y) -20.1% 5.0% 117.5%
EPS CAGR (3Y) -9.1% 0.0% 13.9%
Operating cash flow growth (1Y) 25.4% 54.2% –
Operating cash flow CAGR (3Y) 2.4% -14.8% –
Free cash flow growth (1Y) 17.1% 54.2% –
Free cash flow CAGR (3Y) -0.8% -14.8% –

Profitability

14 metrics
MetricHBANTFCKEY
Gross margin – – –
EBITDA margin 84.1% 83.0% –
Operating margin – – –
Pretax margin 29.5% 30.7% –
Net margin 22.4% 25.1% –
FCF margin 28.1% 31.2% –
Operating cash flow margin 32.3% 31.2% –
Return on equity 7.7% 8.3% 11.3%
Return on assets 0.9% 0.9% 1.1%
Return on invested capital 11.9% 10.2% –
Return on capital employed – – –
Asset turnover 0.0x 0.0x –
Cash conversion (OCF / net income) 1.3x 1.2x –
Stock comp / revenue 1.7% – –

Financial Health

11 metrics
MetricHBANTFCKEY
Debt / assets 8.1% 11.9% –
Debt / equity 0.7x 1.1x –
Net debt / EBITDA 2.5x 4.1x –
Debt / FCF 8.0x 10.9x –
Liabilities / assets 88.8% 88.9% 90.8%
Equity / assets 11.2% 11.1% 9.2%
Interest coverage 1.6x 1.6x –
Current ratio – – –
Quick ratio – – –
Cash ratio – – –
Altman Z-score – – –

Shareholder Returns

7 metrics
MetricHBANTFCKEY
Dividend yield 3.8% 4.2% 3.7%
Net buyback yield 1.3% 7.3% –
Shareholder yield 5.1% 11.5% 3.7%
Payout ratio (earnings) 44.1% 49.5% –
Payout ratio (FCF) 37.8% 42.4% –
Dividend growth (1Y) 22.0% -4.9% –
Dividend CAGR (3Y) 7.2% -2.4% –

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.

ConsensusHBANTFCKEY
Forward P/E 12.7xFY2026 11.5xFY2026 10.9xFY2026
EPS, next fiscal year $1.26FY2026 $4.28FY2026 $1.97FY2026
EPS growth, next FY -9.4%FY2026 +12.0%FY2026 +29.6%FY2026
EPS growth, the year after +48.4% +18.0% +15.7%
Revenue, next fiscal year $10.37BFY2026 $19.70BFY2026 $7.55BFY2026
Revenue growth, next FY +26.0%FY2026 -4.0%FY2026 +0.5%FY2026
Revenue growth, the year after +12.5% +1.3% +11.4%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersHBANTFCKEY
Held by institutions 86.7% 76.7% 88.1%
Institutions holding 1,151 1,689 942
Change in shares held, QoQ +1.4% +0.8% +1.1%
Institutions buying 575 800 468
Institutions selling 380 657 301
Buyers to sellers 1.51 1.22 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.

HBANTFCKEY
HBAN 1.00 0.80 0.84
TFC 0.80 1.00 0.82
KEY 0.84 0.82 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, HBAN, TFC and KEY?

Truist Financial (TFC) is the largest by market capitalisation: Huntington Bancshares (HBAN) $32.19B, Truist Financial (TFC) $59.06B, Keycorp (KEY) $22.92B.

Which stock is cheaper, HBAN, TFC and KEY?

Keycorp (KEY) trades on the lowest price-to-earnings ratio (Huntington Bancshares (HBAN) 13.9x, Truist Financial (TFC) 12.2x, Keycorp (KEY) 11.7x). On next year's consensus earnings, Keycorp (KEY) is cheapest (Huntington Bancshares (HBAN) 12.7x, Truist Financial (TFC) 11.5x, Keycorp (KEY) 10.9x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Huntington Bancshares (HBAN) grew revenue fastest over the trailing twelve months: Huntington Bancshares (HBAN) +30.6%, Truist Financial (TFC) -3.6%.

Which company is more profitable?

Truist Financial (TFC) has the highest net margin (Huntington Bancshares (HBAN) 22.4%, Truist Financial (TFC) 25.1%). On return on invested capital, Huntington Bancshares (HBAN) leads (Huntington Bancshares (HBAN) 11.9%, Truist Financial (TFC) 10.2%).

Which stock has performed better?

Over the past year Keycorp (KEY) returned the most: Huntington Bancshares (HBAN) +5.3%, Truist Financial (TFC) +12.2%, Keycorp (KEY) +23.4%. Over five years, Huntington Bancshares (HBAN) compounded fastest (Huntington Bancshares (HBAN) +0.3%/yr, Truist Financial (TFC) -4.9%/yr, Keycorp (KEY) -1.6%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Truist Financial (TFC) has the highest dividend yield: Huntington Bancshares (HBAN) 3.79%, Truist Financial (TFC) 4.22%, Keycorp (KEY) 3.75%.

Which stock is riskier?

By one-year price volatility, Keycorp (KEY) has been the steadiest (Huntington Bancshares (HBAN) 25.9%, Truist Financial (TFC) 23.4%, Keycorp (KEY) 22.9%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, HBAN, TFC 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, Huntington Bancshares (HBAN) leads on 5. 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.