KeyCorp (KEY) Financial Statements (2024 and earlier)

Company Profile

Business Address 127 PUBLIC SQ
CLEVELAND, OH 44114-1306
State of Incorp. OH
Fiscal Year End December 31
Industry (SIC) 6021 - National Commercial Banks (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)

3/31/2024
MRQ
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments11,7583,31911,92317,2852,0043,240
Cash and cash equivalents9418879131,091732678
Short-term investments10,8172,43211,01016,1941,2722,562
Debt securities, held-to-maturity, accrued interest, after allowance for credit loss2588  
Total current assets:11,7833,40711,92317,2852,0043,240
Noncurrent Assets
Finance lease, right-of-use asset, after accumulated amortization 345911
Operating lease, right-of-use asset 479525595630654
Property, plant and equipment      882
Intangible assets, net (including goodwill)2,8072,8462,8232,8522,9172,832
Goodwill2,7522,7522,6932,6642,6642,516
Intangible assets, net (excluding goodwill)5594130188253316
Total noncurrent assets:3,2893,3753,4233,4913,5823,714
Other undisclosed assets173,209183,031171,000149,560139,402132,659
TOTAL ASSETS:188,281189,813186,346170,336144,988139,613
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt3,0535,386588759705544
Total current liabilities:3,0535,386588759705544
Noncurrent Liabilities
Other undisclosed liabilities170,591170,973168,335151,596127,245123,473
Total liabilities:173,644176,359168,923152,355127,950124,017
Equity
Equity, attributable to parent14,63713,45417,42317,98117,03815,595
Preferred stock2,5002,5001,9001,9001,9001,450
Common stock1,2571,2571,2571,2571,2571,257
Treasury stock, value(5,844)(5,910)(5,979)(4,946)(4,909)(4,181)
Additional paid in capital6,2816,2866,2786,2816,2956,331
Accumulated other comprehensive income (loss)(5,229)(6,295)(586)73826(818)
Retained earnings15,67215,61614,55312,75112,46911,556
Equity, attributable to noncontrolling interest      1
Total equity:14,63713,45417,42317,98117,03815,596
TOTAL LIABILITIES AND EQUITY:188,281189,813186,346170,336144,988139,613

Income Statement (P&L) ($ in millions)

3/31/2024
TTM
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Revenues6,4137,2727,2926,7156,4006,455
Net investment income   3,6103,9534,3914,135
Cost of revenue
(Provision for Loan, Lease, and Other Losses)
(489)(502) (1,021)(445)(246)
Gross profit:5,9246,7707,2925,6945,9556,209
Operating expenses(232)(271)(298)(361)(374)(400)
Operating income:5,6926,4996,9945,3335,5815,809
Interest and debt expense(4,014)(885)(296)(651)(1,326)(969)
Other undisclosed loss from continuing operations before equity method investments, income taxes(488)(3,254)(3,417)(3,097)(2,201)(2,606)
Income from continuing operations before equity method investments, income taxes:1,1902,3603,2811,5852,0542,234
Other undisclosed income (loss) from continuing operations before income taxes(30)(27)(27)(29)(32)(31)
Income from continuing operations before income taxes:1,1602,3333,2541,5562,0222,203
Income tax expense(196)(422)(642)(227)(314)(344)
Income from continuing operations:9641,9112,6121,3291,7081,859
Income before gain (loss) on sale of properties:2,6251,3431,7171,866
Income from discontinued operations36131497
Net income attributable to parent:9671,9172,6251,3431,7171,866
Other undisclosed net loss available to common stockholders, basic(143)(118)(106)(106)(97)(66)
Net income available to common stockholders, diluted:8241,7992,5191,2371,6201,800

Comprehensive Income ($ in millions)

3/31/2024
TTM
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Net income:9671,9172,6251,3431,7171,866
Other comprehensive income (loss)1,066(5,709)(1,324)712844(39)
Comprehensive income (loss), net of tax, attributable to parent:2,033(3,792)1,3012,0552,5611,827

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: