This stock trades at a still reasonable 11.7 times estimated 2021 earnings. JPMorgan Chase & Co. (NYSE: JPM) is one of the leading global financial services firms and one of the largest banking institutions in the United States, with about $2.6 trillion in assets. The company as it is today was formed through the merger of retail bank Chase Manhattan and investment bank J.P. Morgan.

The firm has many operating divisions, including investment and corporate banking, asset management, retail financial services, commercial banking, credit cards and financial transaction services.

Top analysts across Wall Street are very positive on the money center and investment giant and feel that this industry titan faces a broad recovery in nearly every aspect of its business:

1. Leading M&A advisory and capital markets product set and market share
2. Massive footprint of corporate and commercial banking customers
3. Sizable wholesale payments businesses

The company has proven that it has the wherewithal to invest continually in people, products and platforms to further its market share base, extending its competitive advantage compared with most of its peers.

The bank reported second-quarter results that exceeded analysts’ expectations as it released money set aside for loan losses. The company said the improving U.S. economic outlook drove its decision to release the money, which came mostly from retail credit-card and mortgage reserves.

JPMorgan Chase stock investors receive a 2.38% dividend. Jefferies has a $177 price target, well above the consensus price target of $167.23. The shares closed at $151.17 on Monday.

KeyCorp

This is another top regional player that is very cheap at current levels for investors looking at financials. KeyCorp (NYSE: KEY) operates as the bank holding company for KeyBank National Association, which provides deposit, lending, cash management and investment services to individuals, small and medium-sized businesses.

The company also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets banner.

The stock modestly has outperformed its peers after posting solid second-quarter results with forward guidance relatively unchanged. The bank also successfully rolled out Laurel Road for Doctors, its national digital bank, adding 2,500 new clients.

Investors receive a 3.79% dividend. The $24 Jefferies target price compares with a $23.15 consensus target. KeyCorp stock ended Monday at $19.54 a share.