KeyCorp (KEY) earnings on July 21, 2026
Prior outlook: Optimistic Outcome: Missed
KeyCorp fell 1.59% after the regional bank's earnings results disappointed investors, erasing gains that had built up ahead of the report.
KEY price around the earnings
22.95
Change: -1.6%
2026-07-21, 20:00 UTC
End of the measured window
22.67
22.93
23.18
23.44
23.32
July 21, 2026
- Price: green if it ends above the starting price; red if it ends below
- End of the measured window
- Market open
- Starting price
Prior thesis
Prior outlook: Optimistic Outcome: Missed
- Thesis published
- Results released
Consistent earnings beats and multiple analyst price target raises drive a strong optimistic run-up into earnings.
Context analyzed before publication
- Trend
- Stock experienced a strong rise into earnings, with the strength of the recent trend improving significantly over recent days.
Analysts
Evidence
- Analyst moves in the last 60 days
- 6
- Strong buy: 2
- Buy: 8
- Hold: 9
- Sell: 0
- Strong sell: 0
- Strong buy
- 2
- Buy
- 8
- Hold
- 9
- Sell
- 0
- Strong sell
- 0
- July 7, 2026 · UBS: Maintains rating (Buy → Buy)
- July 6, 2026 · JP Morgan: Maintains rating (Neutral → Neutral)
- July 6, 2026 · Wells Fargo: Maintains rating (Overweight → Overweight)
- June 29, 2026 · Morgan Stanley: Maintains rating (Equal-Weight → Equal-Weight)
- June 24, 2026 · Truist Securities: Maintains rating (Hold → Hold)
- June 23, 2026 · TD Cowen: Reiterates rating (Buy → Buy)
News and sentiment
Evidence
Sentiment
- Sentiment
- Neutral
- Mention volume
- Low
- Normalized volume
- 33%
News
Sources (6)
- UBS Maintains Buy on KeyCorp, Raises Price Target to $27 (opens in a new tab) — Benzinga
- JP Morgan Maintains Neutral on KeyCorp, Raises Price Target to $24.5 (opens in a new tab) — Benzinga
- Wells Fargo Maintains Overweight on KeyCorp, Raises Price Target to $27 (opens in a new tab) — Benzinga
- Morgan Stanley Maintains Equal-Weight on KeyCorp, Raises Price Target to $25 (opens in a new tab) — Benzinga
- Truist Securities Maintains Hold on KeyCorp, Raises Price Target to $24 (opens in a new tab) — Benzinga
- TD Cowen Reiterates Buy on KeyCorp, Maintains $68 Price Target (opens in a new tab) — Benzinga
Technicals
Evidence
- Average true range (ATR)
- 2%
- Distance to 52-week high
- -2.8%
- 14-day change (14d)
- +0.8%
- 30-day change (30d)
- +7.8%
- 30-day relative strength
- +7.8%
- Benchmark change (0d)
- +0.0%
- Nearest support
- 23.18
- Nearest resistance
- 23.34
- Volume accumulation ratio (14d / 46d)
- 1.18
Trends
Evidence
- Average earnings surprise
- +5.9%
- April 16, 2026: actual EPS 0.44 vs estimate 0.41 (surprise +8.0%)
- January 20, 2026: actual EPS 0.41 vs estimate 0.39 (surprise +6.3%)
- October 16, 2025: actual EPS 0.41 vs estimate 0.38 (surprise +7.6%)
- July 22, 2025: actual EPS 0.35 vs estimate 0.34 (surprise +1.9%)
Expected move
There is no implied-move data available for this event.
Reactions over its last 19 earnings
- Median move
- 2.6%
- 75th percentile move
- 4.1%
- 90th percentile move
- 4.6%
- Up / down moves
- 6 / 13
- Average up move
- +1.5%
- Average down move
- -3.0%
Monitoring and close
What KeyCorp reported
- Status
- Finished
| Actual EPS | 0.44 |
|---|---|
| EPS estimate | 0.42 |
| EPS surprise | +4.8% |
| Revenue | $1,964 million |
| Revenue estimate | $1,972 million |
| Revenue surprise | -0.4% |
KeyCorp reported 26% EPS growth in Q2 2026 with strategic expansion, though challenges emerged in investment banking and deposit growth.
Sources (14)
- KeyCorp (KEY) Q2 2026 Earnings Call Highlights: Strong EPS Growth and Strategic Acquisitions ... (opens in a new tab) — GuruFocus.com
- KeyCorp Q2 Earnings Call Highlights (opens in a new tab) — MarketBeat
- KEY Q2 Earnings Beat as NII & Fee Income Grow Y/Y & Provisions Dip (opens in a new tab) — Zacks
- Compared to Estimates, KeyCorp (KEY) Q2 Earnings: A Look at Key Metrics (opens in a new tab) — Zacks
- KeyCorp (KEY) Q2 2026 Earnings Call Transcript (opens in a new tab) — SeekingAlpha
- KeyCorp (KEY) Beats Q2 Earnings Estimates (opens in a new tab) — Zacks
- KeyCorp (NYSE:KEY) Reports Q2 CY2026 In Line With Expectations (opens in a new tab) — StockStory
- KeyCorp tops earnings forecasts as profit climbs despite slight revenue miss (KEY) (opens in a new tab) — InvestorsHub
- KeyCorp (NYSE:KEY) Posts Q2 Earnings Beat with 26% Net Income Growth, But Revenue Miss Tempers Enthusiasm (opens in a new tab) — ChartMill
- KeyCorp Raises FY2026 Sales Guidance from $8.039B to $8.039B-$8.114B vs $8.074B Est (opens in a new tab) — Benzinga
- KeyCorp Q2 Adj. EPS $0.44 Beats $0.42 Estimate, Sales $1.964B Miss $1.972B Estimate (opens in a new tab) — Benzinga
- KEYCORP REPORTS SECOND QUARTER 2026 NET INCOME OF $472 MILLION, OR $0.44 PER DILUTED COMMON SHARE INCREASING 26% YEAR-OVER-YEAR (opens in a new tab) — Yahoo
- KeyCorp's Margin Expansion Theme Remains On Track (opens in a new tab) — SeekingAlpha
- Earnings per share: $0.44 vs $0.43 expected — above expectations. Revenue: $1.96B vs $1.99B expected. — Finnhub
Pre-market second reading after the results
Heading into the open, the figures don't clearly confirm the prior scenario. In past cases, 1060 observations (69.7%) showed a similar outcome.
How the stock reacted
- Outcome
- Missed
- Consolidated
- -1.6%
- Max favorable move (MFE)
- 0%
- Max adverse move (MAE)
- 2.9%