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24/7 Wall St.: The 7 Safest Banks in America

6. KeyCorp

KeyCorp (NYSE: KEY) is the one exception to our rule about share prices under $10.00. Its other metrics more than make up for this exception. It has a market cap of just $7.12 billion against some $87 billion in assets. It operates in 14 states throughout the Rocky Mountain states, Northwest, the Great Lakes and the Northeast. It is impressive that KeyCorp is on the list considering that its headquarters is in Cleveland where many troubled loans arose. The bank has a return on equity of 9.2% and pays out a 2.7% dividend yield. Shares trade around $7.50 but have a target price of $9.00 from Wall Street.

(AP Photo/Amy Sancetta)

More From 24/7 Wall St.:
10 Brands That Will Disappear in 2013
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America’s Most and Least Peaceful States



The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.

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