KeyCorp's roots trace back 190 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation's largest bank-based financial services companies, with assets of approximately $170.3 billion at December 31, 2020. Key provides deposit, lending, cash management, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of more than 1,000 branches and approximately 1,400 ATMs. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name.
Company profile
Ticker
KEY, KEY-PK, KEY-PJ, KEY-PI, KEY-PL
Exchange
Website
CEO
Christopher Gorman
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
KEYCORP/NEW, SOCIETY CORP
SEC CIK
Corporate docs
Subsidiaries
Parent Company ...
IRS number
346542451
KEY stock data
Analyst ratings and price targets
Latest filings (excl ownership)
ARS
2022 FY
Annual report to shareholders
24 Mar 23
DEF 14A
Definitive proxy
24 Mar 23
8-K
Departure of Directors or Certain Officers
16 Mar 23
8-K
Regulation FD Disclosure
6 Mar 23
10-K
2022 FY
Annual report
22 Feb 23
8-K
Results of Operations and Financial Condition
19 Jan 23
8-K
Regulation FD Disclosure
5 Dec 22
8-K
KeyCorp announces retirement of Chief Financial Officer, Donald R. Kimble
17 Nov 22
10-Q
2022 Q3
Quarterly report
1 Nov 22
8-K
Results of Operations and Financial Condition
20 Oct 22
Transcripts
KEY
Earnings call transcript
2022 Q4
19 Jan 23
KEY
Earnings call transcript
2022 Q3
20 Oct 22
KEY
Earnings call transcript
2022 Q2
21 Jul 22
KEY
Earnings call transcript
2022 Q1
21 Apr 22
KEY
Earnings call transcript
2021 Q4
20 Jan 22
KEY
Earnings call transcript
2021 Q3
21 Oct 21
KEY
Earnings call transcript
2021 Q2
20 Jul 21
KEY
Earnings call transcript
2022 Q1
20 Apr 21
KEY
Earnings call transcript
2020 Q4
21 Jan 21
KEY
Earnings call transcript
2020 Q3
21 Oct 20
Latest ownership filings
Financial summary
| Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
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| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
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| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 887.00 mm | 887.00 mm | 887.00 mm | 887.00 mm | 887.00 mm | 887.00 mm |
| Cash burn (monthly) | (no burn) | 2.17 mm | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | n/a | 6.16 mm | n/a | n/a | n/a | n/a |
| Cash remaining | n/a | 880.84 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | n/a | 406.5 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2022
82.8% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 799 |
| Opened positions | 103 |
| Closed positions | 86 |
| Increased positions | 299 |
| Reduced positions | 269 |
| 13F shares | Current |
|---|---|
| Total value | 13.44 tn |
| Total shares | 771.37 mm |
| Total puts | 2.15 mm |
| Total calls | 2.18 mm |
| Total put/call ratio | 1.0 |
| Largest owners | Shares | Value |
|---|---|---|
| Vanguard | 110.21 mm | $1.92 tn |
| BLK Blackrock | 81.37 mm | $1.42 tn |
| Capital International Investors | 51.18 mm | $891.48 bn |
| STT State Street | 50.03 mm | $871.53 bn |
| Boston Partners | 32.53 mm | $566.98 bn |
| Charles Schwab Investment Management | 19.75 mm | $344.10 bn |
| Geode Capital Management | 19.54 mm | $340.41 bn |
| FHI Federated Hermes | 16.87 mm | $293.79 bn |
| RY Royal Bank Of Canada | 15.76 mm | $274.56 bn |
| IVZ Invesco | 15.51 mm | $270.21 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 14 Mar 23 | Gillis Ruth Ann M | Common Shares | Buy | Acquire P | Yes | No | 12.95 | 2,000 | 25.90 k | 42,961 |
| 10 Mar 23 | Brady Amy G. | Common Shares | Sell | Dispose S | No | No | 15.58 | 45,000 | 701.10 k | 119,121 |
| 24 Feb 23 | Brady Amy G. | Common Shares | Payment of exercise | Dispose F | No | No | 18.32 | 32,575 | 596.77 k | 164,121 |
| 24 Feb 23 | Brady Amy G. | Common Shares | Option exercise | Acquire M | No | No | 0 | 68,468 | 0.00 | 196,696 |
| 24 Feb 23 | Brady Amy G. | RSU Common Shares | Option exercise | Dispose M | No | No | 0 | 8,408 | 0.00 | 8,408 |
| 24 Feb 23 | Brady Amy G. | RSU Common Shares | Option exercise | Dispose M | No | No | 0 | 60,060 | 0.00 | 0 |
| 24 Feb 23 | Victor B Alexander | Common Shares | Payment of exercise | Dispose F | No | No | 18.32 | 1,039 | 19.03 k | 108,696 |
| 24 Feb 23 | Victor B Alexander | Common Shares | Option exercise | Acquire M | No | No | 0 | 2,289 | 0.00 | 109,735 |
| 24 Feb 23 | Victor B Alexander | RSU Common Shares | Option exercise | Dispose M | No | No | 0 | 2,289 | 0.00 | 2,289 |
| 24 Feb 23 | Trina M Evans | Common Shares | Payment of exercise | Dispose F | No | No | 18.32 | 2,315 | 42.41 k | 89,205 |
News
The Latest Analyst Ratings for KeyCorp
24 Mar 23
RBC Capital Maintains Outperform on KeyCorp, Lowers Price Target to $19
24 Mar 23
These 3 Financial Stocks Delivering High-Dividend Yields Are Recommended By Wall Street's Most Accurate Analysts
24 Mar 23
Insiders Buying KeyCorp And 2 Other Stocks
17 Mar 23
Why Titan Machinery Shares Are Trading Lower By Around 18%? Here Are Other Stocks Moving In Thursday's Mid-Day Session
16 Mar 23
Press releases
KEYCORP RAISES ITS PRIME LENDING RATE TO 8.00 PERCENT
22 Mar 23
Thinking about buying stock in Nio, PacWest Bancorp, KeyCorp, Riot Platforms, or UBS Group AG?
21 Mar 23
Thinking about buying stock in First Republic Bank, PacWest Bancorp, Western Alliance, First Foundation, or KeyCorp?
14 Mar 23
KEYCORP TO PRESENT AT THE 2023 RBC CAPITAL MARKETS FINANCIAL INSTITUTIONS CONFERENCE
24 Feb 23
KEY FAMILY WEALTH NAMED 'BEST MULTI-FAMILY OFFICE $10B - $20B' AT THE 2023 PRIVATE ASSET MANAGEMENT AWARDS
10 Feb 23