Cullen/Frost Bankers (CFR) vs KeyCorp (KEY)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Cullen/Frost Bankers (CFR) has outperformed KeyCorp (KEY) over the past year, gaining 19.5% versus a gain of 11.1%. Over five years, CFR leads with a +23.2% price change compared with -12.7% for KEY. KeyCorp is the larger company by market cap ($21.45 billion vs $9.47 billion), about 2.3 times the size.
On valuation, KeyCorp trades at a lower forward P/E (9.3x vs 12.7x for Cullen/Frost Bankers). KeyCorp offers the higher dividend yield (4.08% vs 2.65%). Cullen/Frost Bankers converts more of its revenue into profit, with a net margin of 29.0% versus 24.3%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | CFR | KEY |
|---|---|---|
| Share price | $152.36 | $20.10 |
| Market cap | $9.47B | $21.45B |
| 1-day change | +1.32% | +1.36% |
| YTD return | +20.32% | -2.62% |
| 1-year return | +19.53% | +11.11% |
| 5-year return | +23.21% | -12.68% |
| P/E ratio (TTM) | 14.40 | 11.69 |
| Forward P/E | 12.72 | 9.34 |
| EPS (TTM) | $10.58 | $1.72 |
| Dividend yield | 2.65% | 4.08% |
| Annual dividend | $4.03 | $0.82 |
| Revenue (latest FY) | $2.24B | $7.51B |
| Revenue growth (YoY) | +8.31% | +62.65% |
| Net income (latest FY) | $648.56M | $1.83B |
| Net margin | 29.02% | 24.34% |
| 52-week high | $170.80 | $24.07 |
| 52-week low | $119.00 | $16.47 |
| Distance from 52-week high | -10.80% | -16.49% |
| Analyst consensus | hold | buy |
| Avg. price target upside | +13.78% | +24.93% |
| Average volume | 539.26K | 12.09M |
| Shares outstanding | 62.15M | 1.07B |
| Employees | 6,008 | 17,493 |
| Sector | Finance | Finance |
| Industry | Major Banks | Major Banks |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- KeyCorp is about 2.3 times larger than Cullen/Frost Bankers by market value ($21.45B vs $9.47B).
- KeyCorp offers a meaningfully higher dividend yield (4.08% vs 2.65%).
- KeyCorp grew revenue faster in its latest fiscal year (+62.65% vs +8.31%).
About Cullen/Frost Bankers
CFR stock →Cullen/Frost Bankers, Inc. operates as the bank holding company for Frost Bank that provides commercial and consumer banking services in Texas.
Finance · Major Banks · 6,008 employees
About KeyCorp
KEY stock →KeyCorp operates as the holding company for KeyBank National Association that provides various retail and commercial banking products and services in the United States. It operates in two segments, Consumer Bank and Commercial Bank.
Finance · Major Banks · 17,493 employees
CFR vs KEY FAQ
Which is bigger, Cullen/Frost Bankers or KeyCorp?
KeyCorp (KEY) is larger, with a market capitalization of $21.45B compared with $9.47B for Cullen/Frost Bankers (CFR).
Which stock has performed better over the past year, CFR or KEY?
CFR returned +19.53% over the past 12 months, compared with +11.11% for KEY (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, CFR or KEY?
KEY has the lower trailing P/E at 11.7, versus 14.4 for CFR. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Cullen/Frost Bankers or KeyCorp?
KeyCorp has the higher yield at 4.08%, compared with 2.65% for Cullen/Frost Bankers.
Are Cullen/Frost Bankers and KeyCorp in the same industry?
Yes. Both are classified in the Major Banks industry within the Finance sector.