KEY vs MTB
KeyCorp (KEY) and M&T Bank (MTB) compared side by side. M&T Bank (MTB) is larger, with a market cap of $32.0B versus $22.5B for KeyCorp, about 1.4 times the size. On trailing earnings, MTB is cheaper at 11.7x versus 12.3x for KEY.
Head to head
| Metric | KEY | MTB |
|---|---|---|
| Market cap | $22.5B | $32.0B |
| P/E (TTM) | 12.3x | 11.7x |
| Forward P/E | 9.7x | 10.5x |
| Revenue (TTM) | $7.6B | $9.5B |
| Revenue growth | 11.5% | 0.5% |
| Gross margin | 0.0% | 0.0% |
| Operating margin | 37.4% | 43.1% |
| Free cash flow | $1.2B | $3.6B |
| Dividend yield | 3.89% | 2.71% |
| 1-year return | +25.3% | +25.9% |
| 5-year return (annual) | +2.3% | +10.2% |
| Max drawdown | -87% | -73% |
| FI Handbook grade | C+ | C+ |
Highlighted: the stronger figure on metrics where higher or lower is clearly better.
Growth of $10,000 (5 years, price only)
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KEY vs MTB FAQ
Which is bigger, KEY or MTB?
M&T Bank (MTB) is larger, with a market cap of $32.0B versus $22.5B for KeyCorp, about 1.4 times the size.
Is KEY or MTB cheaper?
On trailing earnings, MTB is cheaper at 11.7x versus 12.3x for KEY. A lower P/E can reflect slower expected growth, so compare growth and margins too.
Which stock performed better over the past year, KEY or MTB?
MTB returned +25.9% over the past year including dividends, versus +25.3% for KEY, through October 23, 2026.
Which pays a higher dividend, KEY or MTB?
KEY yields 3.89% versus 2.71% for MTB.