KeyCorp (KEY) vs Regions Financial Corporation (RF)

KeyCorp and Regions Financial Corporation are both Banks Regional companies. KeyCorp and Regions Financial Corporation are of similar size ($24.2B and $22.1B). Regions Financial Corporation trades at the lower P/E: 11.0× against 11.5×. KeyCorp grew revenue faster over the last twelve months: 8.99% against −0.16%. Regions Financial Corporation has the higher net margin (23.1% vs 17.6%) and the higher return on invested capital (13.4% vs 12.2%). Both pay a dividend; KeyCorp yields more (3.91% vs 3.85%). Across the 19 metrics below, KeyCorp leads on 10 and Regions Financial Corporation on 9.

Valuation

Metric KEY RF Banks Regional median
P/E 11.47 11.02 12.02
P/S 1.97 2.53 2.36
P/B 1.40 1.46 1.23
Price to free cash flow 14.57 14.77 10.60
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 8.72% 9.07% 8.21%
Free cash flow yield 6.86% 6.77% 9.23%

Profitability

Metric KEY RF Banks Regional median
Gross margin 70.72% 80.17% 69.81%
Operating margin 0.00% 0.00% 0.00%
Net margin 17.55% 23.12% 18.82%
Free cash flow margin 13.54% 0.00% 17.97%
Return on equity 11.79% 12.90% 10.28%
Return on assets 1.04% 1.37% 1.13%
Return on invested capital 12.15% 13.43% 8.45%

Growth

Metric KEY RF Banks Regional median
Revenue growth (TTM) 8.99% (0.16%) 6.37%
EPS growth (last fiscal year) 575.00% 19.17% 18.85%
Revenue growth, 5-year CAGR 8.88% 7.62% 12.65%
Net income growth, 5-year CAGR 6.39% 15.77% 9.81%

Health

Metric KEY RF Banks Regional median
Debt to equity 0.64 0.33 0.17
Current ratio 0.84 0.82 0.93
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric KEY RF Banks Regional median
Dividend yield 3.91% 3.85% 2.49%
Payout ratio 0.45 0.43 0.29

Size

Metric KEY RF Banks Regional median
Market cap 22.13b 24.20b 934.85m

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