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KeyCorp (KEY): Today's Featured Banking Winner

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

KeyCorp (KEY) pushed the Banking industry higher today making it today's featured banking winner. The industry as a whole closed the day up 0.3%. By the end of trading, KeyCorp rose 14 cents (1.4%) to $10 on average volume. Throughout the day, 13.9 million shares of KeyCorp exchanged hands as compared to its average daily volume of 14.7 million shares. The stock ranged in a price between $9.84-$10.02 after having opened the day at $9.85 as compared to the previous trading day's close of $9.86. Other companies within the Banking industry that increased today were: Bank of the James Financial Group (BOTJ), up 7.2%, PSB Holdings (PSBH), up 5.2%, Patriot National Bancorp (PNBK), up 4.5%, and Cascade Bancorp (CACB), up 4.4%.

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KeyCorp operates as a holding company for KeyBank National Association that provides various banking services in the United States. KeyCorp has a market cap of $9.16 billion and is part of the financial sector. The company has a P/E ratio of 11.3, below the S&P 500 P/E ratio of 17.7. Shares are up 17.1% year to date as of the close of trading on Tuesday. Currently there are six analysts that rate KeyCorp a buy, two analysts rate it a sell, and 14 rate it a hold.

TheStreet Ratings rates KeyCorp as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, good cash flow from operations, increase in net income and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

On the negative front, Village Bank and Trust Financial Corporatio (VBFC), down 7.8%, Emclaire Financial Corporation (EMCF), down 6.5%, Monarch Financial Holdings (MNRK), down 5.9%, and Unity Bancorp (UNTY), down 5.3%, were all laggards within the banking industry with Royal Bank Of Canada (RY) being today's banking industry laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the banking industry could consider KBW Bank ETF (KBE) while those bearish on the banking industry could consider ProShares Short KBW Regional Bankng (KRS).

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