KeyCorp

KEY

US4932671088

Banks

Market Closed - Nyse Other stock markets 04:00:02 2024-07-12 pm EDT			5-day change	1st Jan Change
15.21 ^USD	+0.53%		+9.03%	+5.62%

Jul. 10	KeyCorp Keeps Quarterly Dividend at $0.205 a Share, Payable Sept. 13 to Shareholders of Record Aug. 27	MT
Jul. 10	KeyCorp Declares Cash Dividend on Common Shares for the Third Quarter of 2024, Payable on September 13, 2024	CI

KeyCorp Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023

January 18, 2024 at 06:30 am EST

KeyCorp reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported net interest income was USD 921 million compared to USD 1,220 million a year ago. Net income was USD 65 million compared to USD 394 million a year ago. Basic earnings per share from continuing operations was USD 0.03 compared to USD 0.38 a year ago. Diluted earnings per share from continuing operations was USD 0.03 compared to USD 0.38 a year ago.
For the full year, net interest income was USD 3,913 million compared to USD 4,527 million a year ago. Net income was USD 967 million compared to USD 1,917 million a year ago. Basic earnings per share from continuing operations was USD 0.88 compared to USD 1.94 a year ago. Diluted earnings per share from continuing operations was USD 0.88 compared to USD 1.92 a year ago. Basic earnings per share was USD 0.89 compared to USD 1.94 a year ago. Diluted earnings per share was USD 0.88 compared to USD 1.93 a year ago.

Latest news about KeyCorp

KeyCorp Keeps Quarterly Dividend at $0.205 a Share, Payable Sept. 13 to Shareholders of Record Aug. 27	Jul. 10	MT
KeyCorp Declares Cash Dividend on Common Shares for the Third Quarter of 2024, Payable on September 13, 2024	Jul. 10	CI
KeyBank's Latest Digital Investment in Home Lending Brings Speed, Simplicity and Ease to Clients	Jul. 10	CI
US regional banks to face increased scrutiny as CRE exposure stifles buybacks	Jul. 10	RE
UBS Downgrades KeyCorp to Neutral From Buy, Trims Price Target to $15 From $16	Jul. 08	MT
Stocks to watch as Biden and Trump vie for presidency	Jul. 03	RE
Goldman Sachs Adjusts Price Target on KeyCorp to $16.50 From $17.50, Maintains Buy Rating	Jul. 01	MT
All Banks Passed Fed Stress Tests as Expected, Morgan Stanley Says	Jun. 27	MT
JPMorgan Adjusts Price Target on KeyCorp to $16.50 From $17.50, Maintains Neutral Rating	Jun. 27	MT
Big US banks withstand Fed's commercial real estate shock scenario	Jun. 26	RE
US banks suffer steeper losses, but retain large cushions in annual Fed health check	Jun. 26	RE
Evercore ISI Adjusts Price Target on KeyCorp to $16.50 From $17.50, Keeps Outperform Rating	Jun. 25	MT
Wedbush Raises KeyCorp's Price Target to $15 From $14	Jun. 24	MT
Explainer-What are the Fed's bank 'stress tests' and what's new this year?	Jun. 24	RE
Big US banks expected to be cautious on shareholder payouts after stress tests	Jun. 24	RE
Stephens Adjusts Price Target on KeyCorp to $16 From $17, Keeps Overweight Rating	Jun. 20	MT
JPMorgan Adjusts Price Target on KeyCorp to $17.50 From $18	Jun. 14	MT
Transcript : KeyCorp Presents at Morgan Stanley US Financials, Payments & CRE Conference 2024, Jun-11-2024 03:15 PM	Jun. 11
Goldman Sachs Adjusts Price Target on KeyCorp to $17.50 From $18.50, Keeps Buy Rating	Jun. 03	MT
Transcript : KeyCorp Presents at Bernstein?s 40th Annual Strategic Decisions Conference, May-29-2024 04:30 PM	May. 29
Declaration of Voting Results by KeyCorp	May. 10	CI
KeyCorp Declares Cash Dividend on Common Shares for the Second Quarter of 2024, Payable on June 14, 2024	May. 09	CI
Transcript : KeyCorp - Shareholder/Analyst Call	May. 09
KeyBank Launches Virtual Account Management Services Powered by Qolo's Technology Platform	May. 07	CI
Wall St sees more pain ahead for US mid-sized lenders after Q1 profits decline	Apr. 19	RE

Chart KeyCorp

Duration

Period

More charts

Company Profile

KeyCorp is a bank-based financial services company, which operates through its subsidiary, KeyBank National Association (KeyBank). Through KeyBank and certain other subsidiaries, 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. It has two business segments: Consumer Bank and Commercial Bank. The Consumer Bank serves individuals and small businesses by offering a variety of deposit and investment products, personal finance and financial wellness services, lending, student loan refinancing, mortgage and home equity, credit card, treasury services, and business advisory services. The Commercial Bank consists of the Commercial and Institutional operating segments. The Commercial operating segment serves the needs of middle market clients.

Sector

Banks

Calendar

2024-07-18 - Q2 2024 Earnings Release

Related indices

S&P 500

More about the company

Income Statement Evolution

More financial data

Ratings for KeyCorp

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

15.21 USD

Average target price

17.72 USD

Spread / Average Target

+16.51%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Banks

	1st Jan change	Capi.
KEYCORP	+5.62%	14.34B
JPMORGAN CHASE & CO.	+20.49%	583B
BANK OF AMERICA CORPORATION	+23.55%	325B
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED	+17.28%	276B
WELLS FARGO & COMPANY	+14.87%	192B
CHINA CONSTRUCTION BANK CORPORATION	+21.72%	184B
BANK OF CHINA LIMITED	+20.47%	177B
HSBC HOLDINGS PLC	+5.60%	159B
ROYAL BANK OF CANADA	+13.12%	157B
COMMONWEALTH BANK OF AUSTRALIA	+17.76%	150B

Other Banks

KeyCorp

Equities

KEY

US4932671088

Banks

KeyCorp Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023

EPS Revisions