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

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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.

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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.

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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.

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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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The Oracle of Omaha is by far the most well-known long-term investor we have alive today, and if you are a newbie, looking into Warren Buffett stocks to sell is a good way to weed out the bad stocks from your portfolio. I believe Berkshire Hathaway (NYSE: BRK-A , NYSE: BRK-B ) alone makes for a pretty good starter portfolio, as it acts like an exchange-traded fund with solid growth.

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.

KEYBANK LAUNCHES VIRTUAL ACCOUNT MANAGEMENT SERVICES POWERED BY QOLO'S TECHNOLOGY PLATFORM

CLEVELAND , May 7, 2024 /PRNewswire/ -- KeyCorp (NYSE: KEY) today announced plans to host conference calls to review quarterly financial results on the following dates: Fourth quarter 2024 – Tuesday, January 21 st, 2025 at 8 a.m. ET First quarter 2025 – Thursday, April 17 th, 2025 at 8 a.m.

KEYCORP ANNOUNCES 2025 QUARTERLY EARNINGS CONFERENCE CALL DATES

CLEVELAND , May 3, 2024 /PRNewswire/ -- Key Private Bank, the wealth management division of KeyCorp (NYSE:KEY), announced that it was awarded "Best Regional Private Bank" at the Eleventh Annual Family Wealth Report Awards (FWR).  Key Private Bank was selected for the "Best Regional Private Bank" from a finalist list of distinguished banks.

KEY PRIVATE BANK WINS 'BEST REGIONAL PRIVATE BANK' AT THE 2024 FAMILY WEALTH REPORT AWARDS

Confidence among small business owners could be one of the first indicators of economic resiliency in the U.S. CLEVELAND , May 2, 2024 /PRNewswire/ -- Often the first to feel the effects of inflation and economic volatility, small business owners are optimistic about their businesses, even as economic challenges remain. KeyBank's 2024 Small Business Survey  found that 65% of small business owners feel confident they could fund their operating expenses for one month with their cash reserves, if an unexpected need arose.

KeyBank Survey Finds Signs of Confidence with Small Business Owners Coupled With Concerns about Inflation, Fraud and Political Noise

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2023 was up 24%. 3 months down in 2024 and the S&P 500 is already up 6%, down from the plus 10% they were at.

Dividend Income Summary: Lanny's March 2024 Summary

KeyCorp reported mixed Q1 results which were driven by weak net interest income, but lower provisioning expenses. The recent inflation report suggests a higher for longer rate environment, but the long term trajectory in rates points south. KeyCorp's valuation has seen a major revaluation after the regional banking crisis of 2023.

KeyCorp: A Solid 6% Yield For Income Investors

Liquidity continues to dominate Q1 earnings season for banking. Saying his company can finally “play offense,” Cleveland-based KeyBank CEO Chris Gorman presented a solid balance sheet and a cautious take on the economic tailwinds for the balance of 2024.

CEO Says KeyBank Is ‘Back to Playing Offense'

KeyCorp (NYSE:KEY ) Q1 2024 Earnings Conference Call April 18, 2024 9:00 AM ET Company Participants Brian Mauney – Director-Investor Relations Chris Gorman – Chairman and Chief Executive Officer Clark Khayat – Chief Financial Officer Conference Call Participants Ken Usdin – Jefferies John Pancari – Evercore Scott Siefers – Piper Sandler Manan Gosalia – Morgan Stanley Ebrahim Poonawala – Bank of America Mike Mayo – Wells Fargo Securities Gerard Cassidy – RBC Capital Markets Peter Winter – D.A. Davidson Janet Lee – JPMorgan Operator Thank you, everyone, for standing by.

KeyCorp (KEY) Q1 2024 Earnings Call Transcript

The headline numbers for KeyCorp (KEY) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

KeyCorp (KEY) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

A decline in NII, lower average loan balance and higher expenses hurt KeyCorp's (KEY) Q1 earnings, while lower provisions and a rise in non-interest income offer some support.

KeyCorp (KEY) Q1 Earnings Miss on Lower NII, Stock Slides

Noninterest income up 6% year-over-year and linked quarter, driven by strength in investment banking and debt placement fees Continued to strengthen the balance sheet by reducing reliance on wholesale funding and higher cost brokered deposits Common Equity Tier 1  ratio increased 120 basis points year-over-year to 10.3%(b) Credit costs remain low: net loan charge-offs to average loans of 29 basis points CLEVELAND , April 18, 2024 /PRNewswire/ -- KeyCorp (NYSE: KEY) today announced net income from continuing operations attributable to Key common shareholders of $183 million, or $.20 per diluted common share, for the first quarter of 2024. Net income from continuing operations attributable to Key common shareholders was $30 million, or $.03 per diluted common share, for the fourth quarter of 2023 and $275 million, or $.30 per diluted common share, for the first quarter of 2023.

KEYCORP REPORTS FIRST QUARTER 2024 NET INCOME OF $183 MILLION, OR $.20 PER DILUTED COMMON SHARE, WITH $.02 IMPACT FROM THE FDIC SPECIAL ASSESSMENT(a)

News for KeyCorp Stock (KEY)