Is KeyCorp Stock Outperforming the Dow?

Core Insights - KeyCorp, based in Cleveland, Ohio, operates as the holding company for KeyBank, providing a range of retail and commercial banking products and services, with a market cap of $22.6 billion, making it one of the largest regional banking companies in the U.S. [1][2] Financial Performance - KeyCorp's stock reached a three-year high of $20.84 before a slight pullback, with an 8.4% gain over the past three months, outperforming the Dow Jones Industrial Average's 5.7% increase during the same period [3] - Year-to-date, KeyCorp's stock has surged 20.5%, and over the past 52 weeks, it has increased by 14.4%, surpassing the Dow's gains of 13.9% and 10.4% respectively [4] - Following the release of Q3 results on October 16, despite better-than-expected performance, KeyCorp's stock dropped 5.4%. The company reported a 17% year-over-year increase in adjusted topline to $1.9 billion, exceeding expectations by 28 basis points, and an adjusted EPS growth of 17.1% to $0.41, surpassing consensus estimates by 7.9% [5] Competitive Position - KeyCorp has outperformed its peers, with Truist Financial Corporation's stock showing a 15% increase year-to-date and 9.1% gains over the past 52 weeks [6]