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Complete financial analysis of KeyCorp (KEY) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of KeyCorp, a leading company in the Banks – Regional industry within the Financial Services sector.
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KeyCorp (KEY)
About KeyCorp
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. The company offers various deposits, investment products and services; and personal finance and financial wellness, student loan refinancing, mortgage and home equity, lending, credit card, treasury, business advisory, wealth management, asset management, investment, cash management, portfolio management, and trust and related services to individuals and small and medium-sized businesses. It also provides a suite of banking and capital market products, such as syndicated finance, debt and equity capital market products, commercial payments, equipment finance, commercial mortgage banking, derivatives, foreign exchange, financial advisory, and public finance, as well as commercial mortgage loans comprising consumer, energy, healthcare, industrial, public sector, real estate, and technology loans for middle market clients. In addition, the company offers community development financing, securities underwriting, brokerage, and investment banking services. As of December 31, 2021, it operated through a network of approximately 999 branches and 1,317 ATMs in 15 states, as well as additional offices, online and mobile banking capabilities, and a telephone banking call center. KeyCorp was founded in 1849 and is headquartered in Cleveland, Ohio.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | 1987 | 1986 | 1985 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 5.89B | 7.03B | 7.04B | 6.49B | 6.18B | 6.24B | 6.06B | 4.76B | 4.07B | 3.93B | 3.94B | 4.04B | 3.89B | 4.29B | 4.23B | 4.14B | 4.88B | 4.80B | 4.87B | 4.38B | 4.49B | 4.52B | 4.55B | 4.92B | 5.08B | 4.32B | 4.10B | 3.80B | 3.57B | 3.58B | 1.71B | 1.63B | 911.90M | 862.80M | 587.30M | 0.00 | 0.00 | 0.00 | 0.00 |
| Cost of Revenue | -4.50B | 0.00 | 0.00 | 0.00 | 0.00 | 83.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 10.40B | 7.03B | 7.04B | 6.49B | 6.18B | 6.16B | 6.06B | 4.76B | 4.07B | 3.93B | 3.94B | 4.04B | 3.89B | 4.29B | 4.23B | 4.14B | 4.88B | 4.80B | 4.87B | 4.38B | 4.49B | 4.52B | 4.55B | 4.92B | 5.08B | 4.32B | 4.10B | 3.80B | 3.57B | 3.58B | 1.71B | 1.63B | 911.90M | 862.80M | 587.30M | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit Ratio | 176.40% | 100.00% | 100.00% | 100.00% | 100.00% | 98.67% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 2.66B | 2.66B | 2.69B | 2.48B | 2.35B | 2.46B | 2.42B | 2.15B | 1.71B | 1.66B | 1.69B | 1.68B | 1.65B | 1.72B | 1.85B | 1.78B | 1.81B | 1.86B | 1.61B | 1.55B | 1.49B | 1.44B | 1.38B | 1.45B | 1.48B | 1.26B | 1.18B | 1.19B | 1.11B | 1.06B | 506.70M | 476.00M | 278.10M | 282.20M | 180.30M | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 109.00M | 123.00M | 126.00M | 97.00M | 96.00M | 102.00M | 120.00M | 101.00M | 57.00M | 49.00M | 51.00M | 68.00M | 60.00M | 72.00M | 72.00M | 87.00M | 76.00M | 97.00M | 118.00M | 111.00M | 120.00M | 122.00M | 112.00M | 110.00M | 106.00M | 100.00M | 86.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 3.66B | 2.78B | 2.81B | 2.57B | 2.45B | 2.56B | 2.54B | 2.25B | 1.77B | 1.71B | 1.74B | 1.75B | 1.71B | 1.79B | 1.93B | 1.87B | 1.89B | 1.96B | 1.72B | 1.66B | 1.61B | 1.56B | 1.49B | 1.56B | 1.59B | 1.36B | 1.27B | 1.19B | 1.11B | 1.06B | 506.70M | 476.00M | 278.10M | 282.20M | 180.30M | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Expenses | 0.00 | 437.00M | -6.58B | -7.49B | -6.60B | -5.54B | -5.75B | -5.37B | -4.14B | -3.97B | -4.05B | -4.03B | -3.68B | -4.45B | -7.11B | -4.92B | -2.69B | -2.69B | -3.18B | -3.47B | -3.61B | -3.15B | -3.00B | -1.42B | -2.08B | -1.43B | -1.55B | -1.62B | -1.01B | -1.56B | -1.01B | -896.30M | -258.70M | -117.40M | -60.80M | 100.10M | 90.90M | 84.10M | 60.30M |
| Operating Expenses | 3.66B | 3.22B | -3.77B | -4.92B | -4.15B | -2.98B | -3.21B | -3.13B | -2.37B | -2.26B | -2.32B | -2.28B | -1.98B | -2.65B | -5.19B | -3.05B | -807.00M | -732.00M | -1.45B | -1.81B | -2.00B | -1.59B | -1.51B | 140.00M | -489.00M | -69.00M | -287.00M | -427.00M | 108.10M | -495.40M | -501.80M | -420.30M | 19.40M | 164.80M | 119.50M | 100.10M | 90.90M | 84.10M | 60.30M |
| Cost & Expenses | 3.66B | 3.22B | -3.77B | -4.92B | -4.15B | -2.98B | -3.21B | -3.13B | -2.37B | -2.26B | -2.32B | -2.28B | -1.98B | -2.65B | -5.19B | -3.05B | -807.00M | -732.00M | -1.45B | -1.81B | -2.00B | -1.59B | -1.51B | 140.00M | -489.00M | -69.00M | -287.00M | -427.00M | 108.10M | -495.40M | -501.80M | -420.30M | 19.40M | 164.80M | 119.50M | 100.10M | 90.90M | 84.10M | 60.30M |
| Interest Income | 7.93B | 5.41B | 4.37B | 4.69B | 5.24B | 4.88B | 4.39B | 3.32B | 2.62B | 2.55B | 2.62B | 2.71B | 2.89B | 3.41B | 3.80B | 4.63B | 5.64B | 5.38B | 4.62B | 3.82B | 3.97B | 4.37B | 5.63B | 6.28B | 5.70B | 5.53B | 5.26B | 4.95B | 5.12B | 4.49B | 1.87B | 1.90B | 1.38B | 1.49B | 987.10M | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 4.01B | 885.00M | 296.00M | 651.00M | 1.33B | 969.00M | 613.00M | 400.00M | 274.00M | 261.00M | 295.00M | 441.00M | 622.00M | 897.00M | 1.42B | 2.22B | 2.88B | 2.57B | 1.83B | 1.18B | 1.25B | 1.62B | 2.80B | 3.55B | 2.91B | 2.78B | 2.47B | 2.23B | 2.48B | 1.80B | 672.30M | 773.00M | 697.30M | 862.60M | 561.30M | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 134.00M | 96.00M | 165.00M | 180.00M | 207.00M | 382.00M | 407.00M | 314.00M | 36.00M | 39.00M | 44.00M | 23.00M | 270.00M | 330.00M | 382.00M | 431.00M | 425.00M | 397.00M | 358.00M | 248.00M | 210.00M | 226.00M | 530.00M | 382.00M | 396.00M | 328.00M | 242.00M | 230.00M | 222.80M | 217.70M | 115.40M | 94.00M | 49.00M | 43.20M | 24.70M | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | 1.25B | 2.47B | 3.29B | 1.67B | 2.26B | 2.59B | 2.34B | 1.28B | 1.47B | 1.52B | 1.36B | 1.31B | 1.55B | 1.12B | -7.00M | 7.00M | 5.00M | 0.00 | 1.88B | 1.73B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 100.10M | 90.90M | 84.10M | 60.30M |
| EBITDA Ratio | 21.19% | 47.79% | 47.24% | 25.19% | 34.29% | 57.07% | 48.71% | 35.42% | 42.76% | 43.57% | 42.36% | 44.03% | 56.08% | 45.86% | -13.54% | 36.67% | 92.17% | 93.02% | 77.51% | 64.27% | 60.13% | 69.83% | 78.37% | 110.60% | 98.17% | 105.99% | 98.90% | 94.82% | 109.27% | 92.23% | 77.39% | 80.00% | 107.50% | 124.11% | 124.55% | 0.00% | 0.00% | 0.00% | 0.00% |
| Operating Income | 2.24B | 3.22B | 3.27B | 1.57B | 2.03B | 3.18B | 2.86B | 1.63B | 1.70B | 1.68B | 1.63B | 1.76B | 1.91B | 1.64B | -955.00M | 1.09B | 4.07B | 4.07B | 3.42B | 2.57B | 2.49B | 2.93B | 3.04B | 5.06B | 4.59B | 4.26B | 3.81B | 3.38B | 3.68B | 3.08B | 1.21B | 1.21B | 931.30M | 1.03B | 706.80M | 100.10M | 90.90M | 84.10M | 60.30M |
| Operating Income Ratio | 37.92% | 45.84% | 46.42% | 24.19% | 32.85% | 50.95% | 47.14% | 34.26% | 41.88% | 42.58% | 41.24% | 43.46% | 49.14% | 38.17% | -22.57% | 26.25% | 83.47% | 84.76% | 70.15% | 58.61% | 55.45% | 64.83% | 66.73% | 102.84% | 90.38% | 98.40% | 93.00% | 88.77% | 103.03% | 86.15% | 70.63% | 74.24% | 102.13% | 119.10% | 120.35% | 0.00% | 0.00% | 0.00% | 0.00% |
| Total Other Income/Expenses | -1.08B | -714.00M | -705.00M | -712.00M | -778.00M | -637.00M | -746.00M | -700.00M | -440.00M | -430.00M | -454.00M | -92.00M | 25.00M | 20.00M | -1.34B | -850.00M | -2.85B | -2.43B | -296.00M | -55.00M | -1.25B | -1.62B | -2.78B | -3.55B | -2.91B | -2.78B | -2.47B | -2.23B | -2.52B | -1.80B | -672.30M | -773.00M | -697.30M | -865.30M | -561.30M | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Before Tax | 1.16B | 2.33B | 3.25B | 1.56B | 2.02B | 2.20B | 1.93B | 968.00M | 1.22B | 1.27B | 1.14B | 1.10B | 1.35B | 793.00M | -2.30B | -1.13B | 1.22B | 1.64B | 1.59B | 1.39B | 1.24B | 1.31B | 259.00M | 1.52B | 1.68B | 1.48B | 1.35B | 1.14B | 1.16B | 1.28B | 534.70M | 438.60M | 234.00M | 162.30M | 145.50M | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Before Tax Ratio | 19.68% | 33.17% | 46.23% | 23.98% | 32.71% | 35.30% | 31.80% | 20.36% | 30.03% | 32.33% | 28.96% | 27.12% | 34.58% | 18.49% | -54.31% | -27.41% | 25.02% | 34.21% | 32.62% | 31.67% | 27.69% | 29.04% | 5.69% | 30.81% | 33.14% | 34.20% | 32.80% | 30.05% | 32.43% | 35.89% | 31.29% | 26.88% | 25.66% | 18.81% | 24.77% | 0.00% | 0.00% | 0.00% | 0.00% |
| Income Tax Expense | 196.00M | 422.00M | 642.00M | 227.00M | 314.00M | 344.00M | 637.00M | 179.00M | 303.00M | 326.00M | 271.00M | 239.00M | 369.00M | 186.00M | -1.04B | 334.00M | 280.00M | 450.00M | 459.00M | 434.00M | 339.00M | 336.00M | 102.00M | 515.00M | 577.00M | 483.00M | 426.00M | 360.00M | 368.50M | 430.00M | 187.50M | 137.40M | 71.00M | 7.10M | 35.50M | -100.10M | -90.90M | -84.10M | -60.30M |
| Net Income | 967.00M | 1.92B | 2.63B | 1.34B | 1.72B | 1.87B | 1.30B | 791.00M | 916.00M | 900.00M | 910.00M | 858.00M | 920.00M | 554.00M | -1.34B | -1.47B | 919.00M | 1.06B | 1.13B | 954.00M | 903.00M | 976.00M | 132.00M | 1.00B | 1.11B | 996.00M | 919.00M | 783.00M | 825.00M | 853.50M | 347.20M | 301.20M | 163.00M | 157.90M | 110.00M | 100.10M | 90.90M | 84.10M | 60.30M |
| Net Income Ratio | 16.41% | 27.26% | 37.30% | 20.69% | 27.77% | 29.90% | 21.38% | 16.64% | 22.51% | 22.88% | 23.10% | 21.25% | 23.66% | 12.92% | -31.55% | -35.48% | 18.83% | 21.97% | 23.19% | 21.77% | 20.13% | 21.60% | 2.90% | 20.35% | 21.79% | 23.03% | 22.41% | 20.58% | 23.11% | 23.87% | 20.32% | 18.46% | 17.87% | 18.30% | 18.73% | 0.00% | 0.00% | 0.00% | 0.00% |
| EPS | 0.89 | 1.95 | 2.66 | 1.28 | 1.63 | 1.79 | 1.21 | 0.85 | 1.09 | 1.03 | 1.00 | 0.91 | 0.99 | 0.63 | -1.91 | -3.26 | 2.34 | 2.61 | 2.76 | 2.32 | 2.14 | 2.29 | 0.31 | 2.32 | 2.47 | 2.25 | 2.09 | 1.70 | 1.76 | 1.76 | 1.75 | 1.21 | 1.24 | 1.18 | 1.18 | 1.05 | 0.94 | 0.90 | 0.78 |
| EPS Diluted | 0.88 | 1.93 | 2.63 | 1.27 | 1.62 | 1.77 | 1.19 | 0.84 | 1.08 | 1.02 | 1.00 | 0.91 | 0.98 | 0.63 | -1.91 | -3.26 | 2.32 | 2.57 | 2.73 | 2.30 | 2.12 | 2.27 | 0.31 | 2.30 | 2.45 | 2.23 | 2.07 | 1.68 | 1.74 | 1.72 | 1.74 | 1.20 | 1.24 | 1.18 | 1.18 | 1.05 | 0.94 | 0.90 | 0.78 |
| Weighted Avg Shares Out | 927.22M | 924.36M | 947.07M | 967.78M | 992.09M | 1.04B | 1.07B | 927.82M | 836.85M | 871.46M | 906.52M | 938.94M | 931.93M | 874.75M | 697.16M | 450.04M | 392.01M | 404.49M | 408.98M | 410.59M | 422.78M | 425.45M | 424.28M | 432.62M | 448.17M | 441.90M | 439.71M | 459.81M | 467.63M | 486.13M | 198.19M | 248.93M | 130.98M | 133.39M | 93.10M | 95.33M | 96.70M | 93.72M | 77.63M |
| Weighted Avg Shares Out (Dil) | 932.76M | 933.06M | 957.41M | 974.81M | 1.00B | 1.05B | 1.09B | 938.54M | 844.49M | 878.20M | 912.57M | 943.26M | 935.80M | 878.15M | 697.16M | 450.04M | 395.82M | 410.22M | 414.01M | 415.43M | 426.16M | 430.70M | 429.57M | 435.57M | 452.36M | 447.44M | 443.96M | 465.67M | 473.10M | 496.02M | 199.58M | 251.00M | 130.98M | 133.39M | 93.10M | 95.33M | 96.70M | 93.72M | 77.63M |
KEYCORP TO PRESENT AT THE BANCANALYSTS ASSOCIATION OF BOSTON CONFERENCE
CLEVELAND , Oct. 30, 2024 /PRNewswire/ -- KeyCorp (NYSE: KEY) announced today that Ken Gavrity, Head of Commercial Banking, and Clark Khayat, Chief Financial Officer, will present at The BancAnalysts Association of Boston Conference on Friday, November 8, 2024, at...
PRIVATE SAAS COMPANY SURVEY REVEALS SHIFT TOWARDS FUTURE GROWTH WITH A CONTINUED FOCUS ON OPERATIONAL EFFICIENCY AND PROFITABILITY
15th annual report suggests AI and macro-economic optimism as drivers of growth in 2025 SAN FRANCISCO and MENLO PARK, Calif. , Oct. 23, 2024 /PRNewswire/ -- KeyBanc Capital Markets (KBCM), the corporate and investment banking unit of KeyCorp (NYSE:KEY), in...
KeyCorp: Likely Limited Upside
KeyCorp reported a Q3'24 loss of $0.47 per share, mainly due to securities sales. The bank saw a 2.5% Q/Q average deposit growth and a 7% increase in net interest income, indicating healthy performance in core operations. KeyCorp's valuation now...
KeyCorp CEO on earnings: Tailwinds are just getting started and banks have a lot of momentum
Chris Gorman, KeyCorp CEO, joins 'Money Movers' to discuss the company's quarterly earnings results, provisions for credit losses, and much more.
These 15 Stocks Are Among the Top Dividend Payers in the S&P 500
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KeyCorp's Q3 Earnings Beat, Stock Dips on Weak Asset Quality
KEY's third-quarter 2024 results rise on the back of higher revenues and a decline in expenses. However, a rise in provisions turns out to be a spoilsport.
KeyCorp (KEY) Q3 2024 Earnings Call Transcript
KeyCorp (NYSE:KEY ) Q3 2024 Earnings Conference Call October 17, 2024 9:00 AM ET Company Participants Brian Mauney - Director, IR Christopher Gorman - Chairman and CEO Clark H. I. Khayat - CFO Conference Call Participants Scott Siefers - Piper...
Compared to Estimates, KeyCorp (KEY) Q3 Earnings: A Look at Key Metrics
Although the revenue and EPS for KeyCorp (KEY) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
KeyCorp (KEY) Q3 Earnings and Revenues Beat Estimates
KeyCorp (KEY) came out with quarterly earnings of $0.30 per share, beating the Zacks Consensus Estimate of $0.27 per share. This compares to earnings of $0.29 per share a year ago.
KEYCORP REPORTS THIRD QUARTER 2024 NET LOSS OF $(447) MILLION, OR $(.47) PER DILUTED COMMON SHARE, AND ADJUSTED NET INCOME OF $290 MILLION, OR $.30 PER DILUTED COMMON SHARE(a)
Received initial $821 million tranche of strategic minority investment from Scotiabank; Common Equity Tier 1 ratio of 10.8% and Tangible Common Equity ratio of 6.2%(b) Net interest income up 7% quarter-over-quarter, with average deposits up 2.5%; Client deposits were up 4%...
Source: https://incomestatements.info
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