2. KeyCorp

Shares of KeyCorp ( KEY) of Cleveland closed at $8.46 Monday, returning 12% year-to-date, following a 12% decline last year.

The shares trade for 0.9 times tangible book value, and for 10 times the consensus 2013 EPS estimate of 88 cents.

KeyCorp's ROA has ranged between 0.93% and 1.09% over the past five quarters, according to Thomson Reuters Bank Insight.

Based on a quarterly payout of five cents, the shares have a dividend yield of 2.36%. KeyCorp's board of directors in March authorized a program to buy back up to $344 million worth of common shares. The company bought back $167 million worth of shares during the first three quarters of 2012.

O'Connor expects KeyCorp's combined payout ratio for 2013 to be 83%, with the company's dividend payout increasing to $247 million from $167 million in 2012, and common share buybacks increasing to $389 million from $252 million.

Deutsche Bank expects KeyCorp's dividend yield in 2013 to increase to 3.3%.

KEY Chart KEY data by YCharts

Interested in more on KeyCorp? See TheStreet Ratings' report card for this stock.

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