Revenue segments as reported by the company.

Net interest income

Noninterest income

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Provision for credit losses

Noninterest expense

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

KeyCorp

KeyCorp operates as a bank holding company, which engages in the provision of financial services. It provides a range of retail and commercial banking, commercial leasing, investment management, consumer finance, student loan refinancing, commercial mortgage servicing and special servicing, and investment banking products and services to individual, corporate, and institutional clients. The firm operates through the following segments: Consumer Bank and Commercial Bank. The Consumer Bank segment offers deposit and investment products, personal finance and financial wellness services, lending, mortgage and home equity, student loan refinancing, credit card, treasury services, and business advisory services. The Commercial Bank segment engages in serving the needs of middle market clients in seven industry sectors: consumer, energy, healthcare, industrial, public sector, real estate, and technology. The company was founded in 1958 and is headquartered in Cleveland, OH.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

KeyCorp reports solid Q4 earnings, eyes NII growth opportunities

KeyCorp's Q4 performance reflects a balanced approach to growth and risk management, with a focus on maintaining strong credit quality.
While facing challenges in fee income and loan growth, the company is poised to leverage opportunities in NII growth and efficient capital management strategies.
Investors can expect KeyCorp to continue prioritizing client support, dividend payments, and prudent expense management in 2023, aiming for positive operating leverage.

KeyCorp reports strong Q1 earnings, navigates challenges with strategic investments

KeyCorp's Q1 performance was driven by strong earnings, robust credit quality, and diverse deposit sources. The company is strategically managing challenges in NII, expenses, and regulatory uncertainties.
Despite facing challenges in NII and expenses, KeyCorp's strengths lie in its strong capital position, fee-based businesses, and proactive risk management. Opportunities for growth include investments in technology and deposit growth.
KeyCorp's focus on relationship-based businesses, value delivery to shareholders, and expense management positions it well for long-term success. The company is navigating uncertainties with strategic investments and a positive outlook.

KeyCorp excels in Q2 with strong performance and strategic focus

KeyCorp's Q2 2023 earnings call highlighted robust performance in key business segments, strategic initiatives to drive growth, and proactive risk management practices. While facing challenges in optimizing the balance sheet and managing net interest income, the company remains focused on leveraging opportunities to enhance profitability and client relationships.

KeyCorp reports solid Q3 earnings, eyes growth amid risk challenges

KeyCorp's Q3 performance reflects a robust financial position, marked by strong earnings, improved capital ratios, and a focus on sustainable growth strategies.
While challenges like interest rate risks and cost optimization persist, the company's strengths in risk management and revenue diversification offer resilience.
Strategic opportunities in fee income growth, relationship banking, and expense management underscore KeyCorp's commitment to long-term value creation and stability.

KeyCorp reports Q4 earnings impacted by expenses, focuses on stability

KeyCorp's Q4 performance reflects earnings impacted by expenses but with strong credit quality and expense management.
The bank's strengths lie in fee income stability, prudent risk management, and a customer-centric approach to remain competitive.
Challenges include nonperforming assets, deposit pricing adjustments, and balancing expenses with necessary investments, while opportunities exist in loan growth and proactive rate adjustments.

KeyCorp reports solid Q1 earnings, focuses on strategic growth

KeyCorp's Q1 performance showed solid earnings and controlled expenses.
While facing challenges in deposits and net interest income, opportunities lie in strategic partnerships and growth areas.
Maintaining a focus on fee-centric businesses and customer relationships is key for future success.
Overall, KeyCorp's proactive approach positions it well for growth and stability in a changing environment.

KeyCorp reports resilient Q3 performance, eyes strategic growth opportunities

KeyCorp demonstrated solid financial performance with growth in key segments and strong capital metrics.
Challenges include managing expenses and deposit costs while seizing opportunities for strategic growth.
The company's conservative credit quality and proactive approach position it well for future stability and potential M&A.
Overall, KeyCorp's Q3 performance reflects resilience and strategic focus amidst market challenges.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

KeyCorp is a bank holding company, which engages in the provision of financial services. It provides a range of retail and commercial banking, commercial leasing, investment management, consumer finance, student loan refinancing, commercial mortgage servicing and special servicing, and investment banking products and services to individual, corporate, and institutional clients. The firm operates through the Consumer Bank and Commercial Bank segments. The Consumer Bank segment offers deposit and investment products, personal finance and financial wellness services, lending, mortgage and home equity, student loan refinancing, credit card, treasury services, and business advisory services. The Commercial Bank segment engages in serving the needs of middle market clients in seven industry sectors: consumer, energy, healthcare, industrial, public sector, real estate, and technology. The company was founded in 1958 and is headquartered in Cleveland, OH.

Although the revenue and EPS for KeyCorp (KEY) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

KeyCorp (KEY) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

Higher fee income, a fall in provisions and a higher loan balance aid KeyCorp's (KEY) Q2 earnings, while deteriorating asset quality and a decline in NII act as major spoilsports.

KeyCorp (KEY) Q2 Earnings Top, Stock Dips on Weak Asset Quality

KeyCorp (KEY) came out with quarterly earnings of $0.25 per share, beating the Zacks Consensus Estimate of $0.24 per share. This compares to earnings of $0.27 per share a year ago.

KeyCorp (KEY) Q2 Earnings Surpass Estimates

KeyCorp forecast a bigger drop in average loans in 2024 than previously anticipated on Thursday, and posted a 5% fall in second-quarter profit as costlier deposits eroded the regional lender's interest income, sending its shares down 2% in premarket trading.

KeyCorp forecasts bigger drop in annual average loans on tepid demand

Average deposits up $1.3 billion compared to the prior quarter and the second quarter of 2023, with client deposits up 5% year-over-year Disciplined expense management: expenses declined approximately 6% from the prior quarter and were stable versus the year-ago period Common Equity Tier 1 ratio rose 20 basis points to 10.5%(a) Credit quality remains solid: net charge-offs to average loans of 34 basis points CLEVELAND , July 18, 2024 /PRNewswire/ -- KeyCorp (NYSE: KEY) today announced net income from continuing operations attributable to Key common shareholders of $237 million, or $.25 per diluted common share, for the second quarter of 2024. Net income from continuing operations attributable to Key common shareholders was $183 million, or $.20 per diluted common share, for the first quarter of 2024 and $250 million, or $.27 per diluted common share, for the second quarter of 2023.

KEYCORP REPORTS SECOND QUARTER 2024 NET INCOME OF $237 MILLION, OR $.25 PER DILUTED COMMON SHARE

Improvement in fee income and lower provisions likely to have supported KeyCorp's (KEY) Q2 earnings amid weak NII performance and higher expenses.

Fee Income to Aid KeyCorp (KEY) Q2 Earnings, Lower NII to Hurt

Technology investment makes it easier and faster for clients to verify their income, assets, and employment CLEVELAND , July 10, 2024 /PRNewswire/ -- In today's competitive homebuying environment, KeyBank's (NYSE: KEY) latest digital investment in home lending is making it faster and easier for clients looking to purchase a home. KeyBank recently unveiled a digital enhancement that automates the time-consuming verification of borrowers' income, assets, and employment.

KeyBank's Latest Digital Investment in Home Lending Brings Speed, Simplicity and Ease to Clients

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KeyCorp (NYSE:KEY) stock has reversed its premarket losses, up 0.6% at $14.03 at last glance and brushing off a bear note from UBS.

Bank Stock Brushes Off UBS Bear Note

KeyCorp has seen increases in asset and borrowing yields due to rising interest rates, but net interest income remains low. The bank has experienced declines in loans and deposits, with a significant portion of CRE loans classified as criticized. KeyCorp's preferred shares are overpriced and subject to interest rate risks, making them unattractive investment options.

KeyCorp: Several High Yield Options, I'm Avoiding All Of Them

Funding milestone illustrates KeyBank's commitment to making homeownership affordable and sustainable for all CLEVELAND , July 1, 2024 /PRNewswire/ -- Today, KeyBank announced that it has funded more than $2 million in KeyBank Home Buyer CreditsSM i , helping 442 clients achieve their dream of homeownership in areas where the program is available. This milestone is the latest KeyBank has achieved since launching this program in September 2022.

KeyBank Surpasses $2 Million Funded in Home Buyer Credits, Helping 442 Clients Achieve the Dream of Homeownership

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Truist Financial

Apart from strong fundamentals, S&P 500 banks like Comerica (CMA), KeyCorp (KEY) and Truist Financial (TFC) have solid dividend yields, which are likely to help income investors generate robust returns.

3 S&P 500 Banks With Solid Dividend Yield to Keep an Eye On

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Huntington Bancshares

JPMorgan Chase & Co

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New York Community Bancorp

Bank OZK

PNC Financial Services

Regions Financial

Valley National

Wells Fargo

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These numbers show that banks' risk from office real estate has been exaggerated

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U.S. Bancorp

Bank stocks held on to gains on Wednesday after the Federal Reserve kept rates steady and a tame monthly inflation gauge sparked optimism in the sector.

Bank stocks and corporate bonds hold gains on flat inflation report and Fed update

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7 Stocks Warren Buffett Has Sold in the Past Year (and You Should Too)

This year has been tough on regional bank stocks, with borrowing costs soaring and cutting into net interest income. Additionally, higher yields diminished older bonds' value and heightened internal credit risks — just ask the (now defunct) Silicon Valley Bank.

Hometown Heroes: 3 Regional Banks Offering Outsized Potential

CLEVELAND , June 4, 2024 /PRNewswire/ -- KeyCorp (NYSE: KEY) announced today that Clark Khayat, Chief Financial Officer, and Daniel Heberle, President, KeyBank Real Estate Capital, will present at the Morgan Stanley US Financials, Payments, & CRE Conference on Tuesday, June 11, 2024, at 3:15 p.m. ET in New York City.

KEYCORP TO PRESENT AT THE MORGAN STANLEY US FINANCIALS, PAYMENTS, & CRE CONFERENCE

CLEVELAND , May 23, 2024 /PRNewswire/ -- KeyBank (NYSE:KEY) has earned  17th place on the 2024 Fair360  "Top 50 Companies for Diversity" list (formerly known as DiversityInc), improving 5 spots from #22 in 2023. This year's recognition marks the 15th time Key has been named a Top 50 Company for Diversity.

KEYBANK RANKS #17 ON FAIR360'S TOP COMPANIES FOR DIVERSITY

CLEVELAND , May 22, 2024 /PRNewswire/ -- KeyCorp (NYSE: KEY) announced today that Chris Gorman, Chairman and Chief Executive Officer, will present at the Bernstein Annual Strategic Decisions Conference on Wednesday, May 29, 2024, at 4:30 p.m. ET in New York City.

KEYCORP TO PRESENT AT THE BERNSTEIN ANNUAL STRATEGIC DECISIONS CONFERENCE

KeyCorp (KEY) remains well-poised for revenue growth via restructuring initiatives, loan and deposit growth and higher rates. A rising expense base and worsening asset quality are headwinds.

KeyCorp's (KEY) Restructuring Initiatives Aid Amid High Costs

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Cleveland-based financial institution KeyBank has launched a virtual account management solution for treasury management clients.

KeyBank Launches Virtual Account Management Solution for Treasury Clients

Innovative technology enables instant access to KeyBank commercial cash management bank accounts    CLEVELAND , May 7, 2024 /PRNewswire/ -- KeyBank (NYSE: KEY) announced the launch of KeyVAM, a virtual account management solution for treasury management clients who have complex demand deposit account (DDA) structures and want to streamline their cash-flow and account structure. KeyVAM is a technology-enabled cash management solution powered by Qolo, providing clients with the ability to manage multiple clients or cost centers with custom virtual account structures, automated reporting and reconciliation, an intuitive user interface, and fast, easy API integration.

News for KeyCorp Stock (KEY)