OverviewSuggest Edit

KeyCorp is a bank-based financial services company, a holding company for KeyBank National Association. Through KeyBank and certain other subsidiaries, the company 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. It serves individual, corporate, and institutional clients through two major business segments: Consumer Bank and Commercial Bank.

TypePublic
Founded1994
HQCleveland, OH, US
Websitekey.com
Employee Ratings3.9
Overall CultureF

Latest Updates

Employees (est.) (Dec 2019)16,537(-2%)
Job Openings1,174
Revenue (FY, 2020)$6.7 B(-12%)
Share Price (Sept 2021)$20(+2%)
Cybersecurity ratingBMore

Key People/Management at KeyCorp

Christopher M. Gorman

Christopher M. Gorman

Chairman, Chief Executive Officer and President
Amy G. Brady

Amy G. Brady

Chief Information Officer and Executive Vice President
Victor Alexander

Victor Alexander

Executive Vice President and Head of Consumer Banking
Brian Fishel

Brian Fishel

Executive Vice President, Chief Human Resources Officer
Ken Gavrity

Ken Gavrity

Executive Vice President and Head of Enterprise Payments
Clark H. I. Khayat

Clark H. I. Khayat

Executive Vice President and Chief Strategy Officer
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KeyCorp Office Locations

KeyCorp has an office in Cleveland
Cleveland, OH, US (HQ)
127 Public Square
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KeyCorp Financials and Metrics

KeyCorp Revenue

KeyCorp's revenue was reported to be $6.72 b in FY, 2020
USD

Revenue (FY, 2020)

6.7b

Net income (FY, 2020)

1.3b

EBIT (FY, 2020)

1.3b

Market capitalization (9-Sept-2021)

19.4b

Closing stock price (9-Sept-2021)

20.0

Cash (31-Dec-2020)

1.1b

EV

32.8b
KeyCorp's current market capitalization is $19.4 b.
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

6.9b7.4b7.7b6.7b

Revenue growth, %

8%4%

Cost of goods sold

613.0m969.0m1.3b

Gross profit

6.3b6.4b6.4b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

1.7b1.9b1.8b1.8b2.0b2.0b1.7b1.9b1.8b

Cost of goods sold

193.0m226.0m253.0m327.0m348.0m345.0m270.0m172.0m119.0m

Gross profit

1.5b1.6b1.6b1.5b1.6b1.6b1.5b1.7b1.7b

Gross profit Margin, %

89%88%86%82%82%82%84%91%93%
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

671.0m678.0m732.0m1.1b

Accounts Receivable

85.5b88.7b93.7b

PP&E

930.0m882.0m

Goodwill

2.5b2.5b2.7b2.7b
Quarterly
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

1.3b1.9b1.7b1.3b

Depreciation and Amortization

407.0m382.0m241.0m111.0m

Cash From Operating Activities

1.8b2.5b2.9b1.7b

Purchases of PP&E

(112.0m)(99.0m)(85.0m)(63.0m)
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

418.0m900.0m1.4b407.0m832.0m1.2b146.0m333.0m761.0m

Depreciation and Amortization

103.0m195.0m290.0m58.0m121.0m183.0m54.0m86.0m112.0m

Cash From Operating Activities

(211.0m)408.0m794.0m556.0m720.0m1.9b(173.0m)105.0m727.0m

Purchases of PP&E

(19.0m)(36.0m)(73.0m)(9.0m)(38.0m)(58.0m)(12.0m)(27.0m)(45.0m)
USDFY, 2017

Revenue/Employee

373.0k

Debt/Equity

1 x

Debt/Assets

0.1 x

Financial Leverage

9.2 x
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KeyCorp Operating Metrics

KeyCorp's Total Loans was reported to be $104.9b in Q3, 2020.
FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020

ATMs

1.57 k1.51 k1.42 k

Bank Branches

1.2 k1.16 k1.1 k

Non-performing Loans

$503 m$541 m$545 m$645 m$542 m$548 m$561 m$585 m$577 m$632 m$760 m$834 m

Total Loans

$86.37 b$88.09 b$88.64 b$89.27 b$88.34 b$548 m$90.79 b$92.76 b$91.51 b$96.17 b$107.94 b$104.92 b
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KeyCorp Acquisitions / Subsidiaries

Company NameDateDeal Size
HelloWallet LLCMay 31, 2017
First Niagara Financial GroupOctober 20, 2015$4.1 b
EverTrust Financial GroupSeptember 12, 2006$195 m
LeasetecApril 08, 1997
KeyBank National Association

KeyCorp Revenue Breakdown

Embed Graph

KeyCorp revenue breakdown by business segment: 47.8% from Commercial Bank and 52.2% from Consumer Bank

KeyCorp Cybersecurity Score

Cybersecurity ratingPremium dataset

B

89/100

SecurityScorecard logo

KeyCorp Online and Social Media Presence

Embed Graph

KeyCorp Company Culture

  • Overall Culture

    F

    35/100

  • CEO Rating

    A-

    80/100

  • Compensation

    F

    42/100

Learn more on Comparably

KeyCorp News and Updates

KeyCorp Doles Out Bonuses as Large as $25,000 Amid Talent War

KeyCorp Doles Out Bonuses as Large as $25,000 Amid Talent War

KeyCorp Reports Record Second Quarter 2021 Net Income Of $698 Million, Or $.72 Per Diluted Common Share

CLEVELAND, July 20, 2021 /PRNewswire/ -- KeyCorp (NYSE: KEY) today announced net income from continuing operations attributable to Key common shareholders of $698 million, or $.72 per diluted common share for the second quarter of 2021. This compared to $591 million, or $.61 per diluted...

KeyCorp Reports Record First Quarter 2021 Net Income Of $591 Million, Or $.61 Per Diluted Common Share

CLEVELAND, April 20, 2021 /PRNewswire/ -- KeyCorp (NYSE: KEY) today announced net income from continuing operations attributable to Key common shareholders of $591 million, or $.61 per diluted common share for the first quarter of 2021. This compared to $549 million, or $.56 per diluted...

KeyCorp Reports Record Fourth Quarter 2020 Net Income Of $549 Million, Or $.56 Per Diluted Common Share

CLEVELAND, Jan. 21, 2021 /PRNewswire/ -- KeyCorp (NYSE: KEY) today announced net income from continuing operations attributable to Key common shareholders of $549 million, or $.56 per diluted common share for the fourth quarter of 2020. This compared to $397 million, or $.41 per diluted...

KeyCorp Third Quarter 2020 Earnings Release Date And Conference Call

CLEVELAND, Aug. 21, 2020 /PRNewswire/ -- KeyCorp (NYSE: KEY) will announce third quarter 2020 earnings on Wednesday, October 21, 2020, before the market opens. A conference call will be held at 9:00 a.m. ET to review financial results, strategy and outlook. The live audio webcast of the...

KeyCorp To Present At The Barclays Global Financial Services Virtual Conference

CLEVELAND, Aug. 14, 2020 /PRNewswire/ -- KeyCorp (NYSE: KEY) announced today that Chairman and Chief Executive Officer Chris Gorman and Vice Chairman and Chief Financial Officer Don Kimble will present at the virtual Barclays Global Financial Services Conference on Monday, September 14,...
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KeyCorp Frequently Asked Questions

  • When was KeyCorp founded?

    KeyCorp was founded in 1994.

  • Who are KeyCorp key executives?

    KeyCorp's key executives are Christopher M. Gorman, Amy G. Brady and Victor Alexander.

  • How many employees does KeyCorp have?

    KeyCorp has 16,537 employees.

  • What is KeyCorp revenue?

    Latest KeyCorp annual revenue is $6.7 b.

  • What is KeyCorp revenue per employee?

    Latest KeyCorp revenue per employee is $406.1 k.

  • Who are KeyCorp competitors?

    Competitors of KeyCorp include BMO Harris Bank, U.S. Bancorp and Byline Bank.

  • Where is KeyCorp headquarters?

    KeyCorp headquarters is located at 127 Public Square, Cleveland.

  • Where are KeyCorp offices?

    KeyCorp has an office in Cleveland.

  • How many offices does KeyCorp have?

    KeyCorp has 1 office.