KeyCorp

Chart & Performance

D1W1MN

Profile

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.

URL

https://www.key.com/

IPO date

Mar 17, 1980

Employees

17,987

Domiciled in

Incorporated in

Valuation

Order:

Title USD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title USD in thousands, except ratios and share amounts	2024‑12	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12
Income
Revenues	4,393,000 -25.47%	5,894,000 -16.20%	7,033,000 -0.07%
Cost of revenue	2,869,000	(1,738,000)	2,780,000
Unusual Expense (Income)
NOPBT	1,524,000	7,632,000	4,253,000
NOPBT Margin	34.69%	129.49%	60.47%
Operating Taxes	(305,680)	196,000	422,000
Tax Rate		2.57%	9.92%
NOPAT	1,829,680	7,436,000	3,831,000
Net income	(320) -100.03%	967,000 -49.56%	1,917,000 -26.97%
Dividends	(927,000)	(911,000)	(854,000)
Dividend yield	5.70%	6.78%	5.25%
Proceeds from repurchase of equity	10,000	(37,000)	(38,000)
BB yield	-0.06%	0.28%	0.23%
Debt
Debt current	2,130,000	3,053,000	5,386,000
Long-term debt	12,108,000	19,559,000	24,699,000
Deferred revenue
Other long-term liabilities	154,757,000	151,037,000	(19,307,000)
Net debt	(5,009,000)	(48,106,000)	(26,865,000)
Cash flow
Cash from operating activities	664,000	2,903,000	4,469,000
CAPEX		(142,000)	(108,000)
Cash from investing activities	2,497,000	1,417,000	(10,934,000)
Cash from financing activities	(2,359,000)	(4,266,000)	6,439,000
FCF	(2,962,320)	25,924,000	(1,714,000)
Balance
Cash	19,247,000	11,758,000	4,554,000
Long term investments		58,960,000	52,396,000
Excess cash	19,027,350	70,423,300	56,598,350
Stockholders' equity	14,871,000	14,200,000	13,078,000
Invested Capital	174,427,000	174,081,000	182,121,000
ROIC	1.05%	4.18%	2.18%
ROCE	0.81%	4.05%	2.18%
EV
Common stock shares outstanding	949,561	932,759	933,059
Price	17.14 19.03%	14.40 -17.34%	17.42 -24.69%
Market cap	16,275,476 21.17%	13,431,730 -17.36%	16,253,888 -26.60%
EV	13,766,476	(32,174,270)	(8,111,112)
EBITDA	1,597,000	7,766,000	4,390,000
EV/EBITDA	8.62
Interest	4,662,000	4,014,000	885,000
Interest/NOPBT	305.91%	52.59%	20.81%