Live Analysis:
KeyCorp (KEY) is currently priced at $22.05, representing a 0.639% increase from the previous close. Trading volume stands at $1 million, 6.6% above the average. Notable positive movement is observed in today's session.
Earnings Overview:
KeyCorp's latest quarterly earnings report on April 15th met the consensus estimate of $0.4 earnings per share.
Dividends:
The company offers a forward dividend yield of 3.72%, with a dividend per share of 20.5 cents on a trailing twelve-month basis.
Grades:
Evercore ISI reaffirmed KeyCorp's rating as "Outperform" on April 21, maintaining a price of $22.19.
Cash Flow:
KeyCorp generated $673 million in free cash flow, with a net decrease in cash of $651 million due to debt repayment of $1.26 billion.
Income Statement:
The company reported a net income of $522 million, translating to earnings per share of 45 cents. Operating income stood at $701 million.
Ratios:
Key financial metrics include a net profit margin of 19.13%, return on equity of 2.61%, and a price-earnings ratio of 10.41.
Balance Sheet:
KeyCorp holds total assets worth $188.66 billion, with total liabilities at $168.68 billion, resulting in a net debt of $15.93 billion.
This comprehensive analysis provides insight into KeyCorp's current financial standing and performance in the market.
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.