KEY vs RF: KeyCorp and Regions Financial compared
The short version
From the latest prices and each company's SEC filings. Who's ahead on each measure, not which to buy.
- Regions Financial is the larger company, worth $23.2B, close to KeyCorp's $22.4B.
- KeyCorp grew revenue faster over the last year (+5.7% vs +0.1%).
- On earnings, Regions Financial is the cheaper stock (11.3x vs 12.7x).
Side by side
The stronger figure is shaded where higher (or, for valuation multiples, lower) reads as better. How the implied growth works.
| Measure | KEY | RF |
|---|---|---|
| Market cap | $22.4B | $23.2B |
| Share price | $19.97 | $27.03 |
| Revenue (last fiscal year) | $1.7B | $7.5B |
| Free cash flow (last fiscal year) | $2.1B | — |
| Revenue growth, last year | +5.7% | +0.1% |
| Revenue growth per year, last 5 fiscal years | -1.0% | +191.7% |
| Operating margin | — | — |
| Net margin | 111.5% | 29.3% |
| Return on equity | 10.2% | 11.8% |
| P/E (trailing) | 12.7x | 11.3x |
| Price / free cash flow | 10.7x | 10.7x |
| EV / EBITDA | 15.8x | 9.39x |
| FCF growth the price implies | -3.3% | — |
| Dividend yield | 4.0% | 3.8% |
| Debt / equity | 8.66x | 7.56x |
| Fundamental grade | C | C |
| Superinvestors holding it | 6 | 0 |
| Insider purchases, last 12 months | 6 | 2 |
Results from SEC filings
Revenue and free cash flow by fiscal year, from each company's 10-K filings.
KeyCorp
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2021 | $1.8B | $1.1B | — |
| 2022 | $1.6B | $4.4B | — |
| 2023 | $1.4B | $2.8B | — |
| 2024 | $1.6B | $599M | — |
| 2025 | $1.7B | $2.1B | — |
Regions Financial
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2021 | $104M | — | 44.2% |
| 2022 | $7.2B | — | 0.78% |
| 2023 | $7.6B | — | 2.8% |
| 2024 | $7.1B | — | 1.3% |
| 2025 | $7.5B | — | 0.70% |
Where the revenue comes from
KeyCorp · by segments, 2025
Commercial Bank$4.0B52%
Consumer Bank$3.7B48%
Regions Financial
No segment breakdown reported.
Compare them in fullFifteen years of statements, quarterly results, DCF and IRR models, and any number of peers side by side.
Open KEY in InvestinglyQuestions
Which is bigger, KeyCorp or Regions Financial?
Regions Financial (RF), at $23.2B against $22.4B.
Is KEY or RF cheaper?
By trailing P/E, Regions Financial (11.3x) is cheaper than KeyCorp (12.7x). A lower multiple can also mean the market expects less growth.
Which grows faster, KEY or RF?
KeyCorp: revenue grew +5.7% over the last year, against +0.1%.
More comparisons
Prices and ratios as of the last daily update; statements from SEC filings. Information only, not investment advice.