Over the last two years, shares of the Ohio-based regional bank KeyCorp (KEY 1.31%) have been on a tear, shooting up by nearly 75%. Despite this, it continues to trade for only 1.1 times book value, a reasonable multiple by any measure. In the video below, Motley Fool contributor John Maxfield discusses whether or not investors should interpret this as a "buy" signal.
Why Investors Shouldn’t Buy KeyCorp
By John Maxfield – Nov 13, 2013 at 7:00AM
NYSE: KEY
KeyCorp

Market Cap
$19B
Today's Change
(-1.31%) $0.23
Current Price
$17.31
Price as of November 4, 2025 at 4:00 PM ET
The Ohio-based KeyCorp has performed admirably over the last two years. But has its shares run out of steam?
About the Author
I write about banks, trying my best to balance the good and the bad.