View ValuationThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsKeyCorp 将来の成長Future 基準チェック /36KeyCorp利益と収益がそれぞれ年間34.2%と8.7%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に11.8% 25%なると予測されています。主要情報34.2%収益成長率25.01%EPS成長率Banks 収益成長8.2%収益成長率8.7%将来の株主資本利益率11.83%アナリストカバレッジGood最終更新日05 Aug 2024今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesValuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to €12.61, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 8x in the Banks industry in Europe. Total returns to shareholders of 15% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €21.13 per share.Reported Earnings • Jul 20Second quarter 2024 earnings released: EPS: US$0.29 (vs US$0.27 in 2Q 2023)Second quarter 2024 results: EPS: US$0.29 (up from US$0.27 in 2Q 2023). Revenue: US$1.41b (flat on 2Q 2023). Net income: US$273.0m (up 9.2% from 2Q 2023). Profit margin: 19% (up from 18% in 2Q 2023). Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Banks industry in Europe.お知らせ • Jul 11KeyCorp Declares Cash Dividend on Common Shares for the Third Quarter of 2024, Payable on September 13, 2024KeyCorp announced that its Board of Directors declared the dividend for the third quarter of 2024: a cash dividend of $0.205 per share on the corporation's outstanding common shares. The dividend is payable on September 13, 2024, to holders of record of such Common Shares as of the close of business on August 27, 2024.お知らせ • Jul 10KeyBank's Latest Digital Investment in Home Lending Brings Speed, Simplicity and Ease to ClientsKeyBank announced that in today's competitive homebuying environment, KeyBank’s latest digital investment in home lending is making it faster and easier for clients looking to purchase a home. KeyBank recently unveiled a digital enhancement that automates the time-consuming verification of borrowers' income, assets, and employment. Using this instant verification technology reduces the need for borrowers to gather and submit multiple pieces of documentation. This improves the client experience by simplifying the loan process, ensuring necessary borrower information is uploaded securely into KeyBank's system, and enabling faster closing times. During a two-week pilot, KeyBank provided convenience by saving: 17 borrowers from having to provide bank statements. 36 borrowers from having to provide paystubs and tax returns to validate their income. 74 borrowers from having to verify their employment. In addition, during the pilot, approximately 2,862 minutes were eliminated from the entire mortgage application process – helping clients get into their new homes sooner.お知らせ • May 11KeyCorp Declares Cash Dividend on Common Shares for the Second Quarter of 2024, Payable on June 14, 2024KeyCorp announced that its Board of Directors declared a cash dividend of $0.205 per share on the corporation's outstanding common shares for the second quarter of 2024. The dividend is payable on June 14, 2024, to holders of record of such Common Shares as of the close of business on May 28, 2024.お知らせ • May 09+ 4 more updatesKeyCorp to Report Q4, 2024 Results on Jan 21, 2025KeyCorp announced that they will report Q4, 2024 results Pre-Market on Jan 21, 2025お知らせ • May 08KeyBank Launches Virtual Account Management Services Powered by Qolo's Technology PlatformKeyBank announced the launch of KeyVAM, a virtual account management solution for treasury management clients who have complex demand deposit account (DDA) structures and want to streamline their cash-flow and account structure. KeyVAM is a technology-enabled cash management solution powered by Qolo, providing clients with the ability to manage multiple clients or cost centers with custom virtual account structures, automated reporting and reconciliation, an intuitive user interface, and fast, easy API integration. With Qolo's omnichannel payments platform businesses can instantly open or close new subaccounts using self-service tools. This collaboration with Qolo marks another innovative fintech solution from KeyBank designed to make cash management easier for treasurers across the United States, solving their complex payments and financing needs. Virtual accounts are linked to an existing commercial bank DDA on KeyNavigator, KeyBank's online commercial banking system. KeyVAM allows incoming or outgoing payments to be reflected in real-time, to maintain a virtual sub-ledger that provides a continuously updated transaction and balance history to deliver transparency into company-wide cash flows. These accounts have a unique account number accessible on external payment networks, are self-serviced and managed, and can be established to reflect a client's business needs or ideal liquidity structure with complete flexibility. KeyVAM also provides the ability to process real-time payments (RTP) in and out of the sub ledgers, in addition to wire and ACH transactions. KeyVAM offers several benefits including: Real-time reconciliation within a flexible virtual account structure, bringing speed and clarity to cash management while keeping up with evolving regulatory needs; Improved efficiency streamlining cash management to help avoid unwanted bank fees and additional overhead; Customized reporting with transaction and reconciliation data for each Virtual Sub account, while total funds settle in one physical DDA account; and Easy integration with a suite of flexible APIs designed to work with existing infrastructure.Reported Earnings • May 05First quarter 2024 earnings released: EPS: US$0.20 (vs US$0.30 in 1Q 2023)First quarter 2024 results: EPS: US$0.20 (down from US$0.30 in 1Q 2023). Revenue: US$1.42b (down 9.4% from 1Q 2023). Net income: US$183.0m (down 34% from 1Q 2023). Profit margin: 13% (down from 18% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Banks industry in Europe.Reported Earnings • Apr 18First quarter 2024 earnings released: EPS: US$0.24 (vs US$0.30 in 1Q 2023)First quarter 2024 results: EPS: US$0.24 (down from US$0.30 in 1Q 2023). Revenue: US$1.42b (down 9.4% from 1Q 2023). Net income: US$219.0m (down 20% from 1Q 2023). Profit margin: 15% (down from 18% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Banks industry in Europe.お知らせ • Feb 27Keycorp Announces Chief Accounting Officer Changes, Effective March 15, 2024KeyCorp announced that Douglas M. Schosser, currently Chief Accounting Officer, will be leaving the company to pursue a senior executive position at another company, effective March 15, 2024. Stacy L. Gilbert will succeed him as KeyCorp's Chief Accounting Officer at that time. Stacy has served as Corporate Controller of KeyCorp since August 2023. She previously served as Assistant Corporate Controller and Senior Director of External Reporting and Accounting Policy. Stacy first joined Key in 2002, holding a variety of accounting roles, before leaving to join FirstMerit Corporation in 2008. She re-joined Key in 2016.Reported Earnings • Feb 25Full year 2023 earnings released: EPS: US$0.89 (vs US$1.94 in FY 2022)Full year 2023 results: EPS: US$0.89 (down from US$1.94 in FY 2022). Revenue: US$5.89b (down 13% from FY 2022). Net income: US$821.0m (down 54% from FY 2022). Profit margin: 14% (down from 27% in FY 2022). The decrease in margin was primarily driven by lower revenue. Net interest margin (NIM): 2.17% (down from 2.64% in FY 2022). Cost-to-income ratio: 73.2% (up from 60.0% in FY 2022). Non-performing loans: 0.51% (up from 0.34% in FY 2022). Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Banks industry in Europe.お知らせ • Jan 26Key Equipment Finance Promotes Shawn Arnone to Managing Director of the Capital Markets GroupThe division of Ohio-based KeyCorp has promoted Shawn Arnone to managing director of the Capital Markets Group. In the position, Arnone is to oversee the leasing and structured finance team. Arnone has more than 30 years of relationship management experience.Reported Earnings • Jan 19Full year 2023 earnings released: EPS: US$0.89 (vs US$1.94 in FY 2022)Full year 2023 results: EPS: US$0.89 (down from US$1.94 in FY 2022). Revenue: US$5.89b (down 13% from FY 2022). Net income: US$821.0m (down 54% from FY 2022). Profit margin: 14% (down from 27% in FY 2022). The decrease in margin was primarily driven by lower revenue. Net interest margin (NIM): 2.17% (down from 2.64% in FY 2022). Cost-to-income ratio: 73.2% (up from 60.0% in FY 2022). Non-performing loans: 0.51% (up from 0.34% in FY 2022). Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Banks industry in Europe.お知らせ • Jan 13Keybank Names Rachael Sampson as Head of Community Banking for the Consumer BankKeyBank has named Rachael Sampson Head of Community Banking for its Consumer Bank. In this newly created role, Sampson will lead teams responsible for the strategy, implementation and execution of a variety of consumer products and services designed to acquire and deepen relationships with clients in low-to-moderate income and diverse segments, as well as the national consumer sales strategy for these segments. Her team will also oversee the day-to-day management of Key's workplace banking and financial wellness programs, and the direction of Key's women and diverse consumer client-focused initiatives. Sampson reports to Victor Alexander, Head of Key's Consumer Bank, which serves more than three million clients with branch offices in 15 states and a national multi-channel distribution. Sampson and the Community Banking team will partner closely with KeyBank's Corporate Responsibility team to identify opportunities aligned with Key's purpose of helping clients and communities thrive. Sampson, who has been with KeyBank for 18 years, previously led KeyBank'sKey4Women and Key@Work programs which are now part of the new Community Banking organization. She has also served as a Commercial Bank relationship manager in KeyBank's Cincinnati Market. Sampson holds a Bachelor of Business Administration from Thomas More University and is a Master of Business Administration candidate from the University of Cincinnati.お知らせ • Jan 11+ 2 more updatesKeyCorp, Annual General Meeting, May 09, 2024KeyCorp, Annual General Meeting, May 09, 2024.お知らせ • Jan 10KeyCorp Names Darrin Benhart as Chief Risk OfficerKeyCorp announced that Darrin Benhart, Deputy Chief Risk Officer, has been named the bank's Chief Risk Officer, effective January 1, 2024. Darrin succeeds Mark Midkiff, whose long-planned retirement was announced in November and who will remain at the bank through a transition period. Darrin joined Key in July 2022, after a 30-year career at the Comptroller of the Currency (OCC), U.S. Department of the Treasury, where he held a series of increasingly senior roles, including serving as Deputy Comptroller of the Currency. As Chief Risk Officer, Darrin will oversee all aspects of KeyCorp's risk management program.お知らせ • Nov 17KeyCorp Declares Quarterly Cash Dividend on Common Shares, Payable on December 15, 2023KeyCorp announced that its Board of Directors declared the dividend for the fourth quarter of 2023: A cash dividend of $0.205 per share on the corporation's outstanding common shares. The dividend is payable on December 15, 2023, to holders of record of such Common Shares as of the close of business on November 28, 2023.お知らせ • Sep 23KeyBank Consolidates its BranchesKeyBank will open a new, full-service, branch in Schenectady, NY. As part of the opening of this new branch, KeyBank is consolidating its branches located at 3083 Carman Road in Rotterdam and 1708 Broadway in Schenectady into the new location on Altamont Avenue. Those locations will close on September 29, 2023.お知らせ • Aug 08Keybank Introduces Products & Services to Help Clients Take Further Control of Their FinancesKeyBank announced new products and services to enhance the banking experience for consumers on their paths to progress. These enhancements come on the heels of recent upgrades to KeyBank's overdraft and non-sufficient funds fees announced last year to offer consumers more flexibility, more convenience, and help reducing financial stress. In July, Key launched a simplified Relationship program1 that makes it easier for clients to receive better rates on eligible deposit accounts and 2% cashback on the Key Cashback®? credit card, highest cashback level. There is no enrollment required for Key's suite of benefits. Clients must have one eligible KeyBank checking account that they use for 5 or more qualifying transactions a month. Once they have that, the next product they open (that is not a checking account) comes with relationship benefits. Key's enhanced relationship program is unique compared to others, offering one definition to unlock benefits across the consumer product suite. Additional benefits will be introduced for the program later this year, including better rates for personal loan and home lending products. In May, Key introduced Key Select Checking, a best-in-class and high reward checking solution that awards clients with multiple benefits, such as an annual cash bonus. To qualify for the annual $100 cash bonus, a client must make qualifying direct deposits into their Key Select Checking account over 12 statement periods. In addition to the cash bonus eligibility, Key Select Checking clients can receive benefits including monthly fee waivers, lowered fees, and ATM benefits. Immediate FundsSM3 provides more flexibility by helping clients access deposits instantly: Key offers clients a range of solutions to meet their individual financial needs and continually looks for more efficient ways to serve them. As of early July, Key introduced Immediate Funds, an option in KeyBank's mobile banking app to help consumer and small business clients gain access to full deposit amounts instantly. For eligible mobile deposits, clients will be given the option to choose Immediate Funds, which, for a 2% fee, allows clients to skip the processing time and access the full deposited funds immediately. Continued enhancements coming soon: Introducing Early Pay: Key is dedicated to continuously improving the banking experience and making managing money easier. Clients will continue to have the option of selecting the standard processing option to make the deposit free of charge. Key is dedicated to continuously improving the banking experience and making managing money easier. Coming in mid-August, Early Pay4 will allow clients with eligible direct deposits into a KeyBank account to receive their funds up to two days early. Here's how it works: There is no enrollment required and no fee for this service. Early Pay is available automatically to clients who have a KeyBank checking or savings account with eligible direct deposits. When Key receives direct deposit information from a client's employer or other payment provider in advance of the pay date, Key could make the money available to the client up to two days early. For example, if a payday is on Friday, and Key receives the deposit information two days in advance, the client could receive their money on Wednesday. Clients will be notified in advance of the start of the Early Pay program. As of now, current product offerings and terms remain in effect. Additional current offerings aimed at helping clients take control of their finances, include: Key Secured Credit Card® . Provides eligible clients with simple access to credit, helps them develop good spending habits and provides an educational foundation for future credit cards. KeyBank Hassle-Free Account®. A Bank On certified product with no monthly maintenance service charges or minimum balance fees. KeyBank Neighbors First CreditSM5. Help make the dream of home ownership a reality by providing up to $5,000 to homebuyers purchasing a home in an eligible community to be used for closing and prepaid costs that may come with financing a new home. This includes mortgage, flood and hazard insurance, escrow deposit, real estate taxes and per diem interest.お知らせ • Aug 05Pomerantz LLP Announces the Filing of Class Action Against KeyCorpPomerantz LLP announced that a class action lawsuit has been filed against KeyCorp and certain officers. The class action, filed in the United States District Court for the Northern District of Ohio, Eastern Division, and docketed under 23-cv-01520, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Key securities between February 27, 2020 and June 9, 2023, both dates inclusive (Class Period), seeking to recover damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials. The complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and prospects. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: Key downplayed concerns with its liquidity while overstating the effectiveness of its long-term liquidity strategy; Key overstated its projected NII for the second quarter and full year of 2023, as well as related positive NII drivers, while downplaying negative NII drivers; as a result, Key was likely to negatively revise its previously issued NII guidance; all the foregoing, once revealed, was likely to negatively impact Key's business, financial results, and reputation; and as a result, Defendants' public statements were materially false and/or misleading at all relevant times.Reported Earnings • Jul 26Second quarter 2023 earnings released: EPS: US$0.27 (vs US$0.55 in 2Q 2022)Second quarter 2023 results: EPS: US$0.27 (down from US$0.55 in 2Q 2022). Revenue: US$1.42b (down 18% from 2Q 2022). Net income: US$250.0m (down 50% from 2Q 2022). Profit margin: 18% (down from 29% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Banks industry in Europe.業績と収益の成長予測BUL:KEY - アナリストの将来予測と過去の財務データ ( )USD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/20267,5501,735N/AN/A712/31/20257,0751,500N/AN/A1412/31/20246,3581,043N/AN/A146/30/20245,7417161,6521,745N/A3/31/20245,7477292,4142,544N/A12/31/20235,8948212,7612,903N/A9/30/20236,0911,1473,3173,451N/A6/30/20236,3841,3944,8384,966N/A3/31/20236,7041,6484,1924,306N/A12/31/20226,7431,7934,3614,469N/A9/30/20227,0552,0382,7662,874N/A6/30/20227,2052,1411,6201,708N/A3/31/20227,4542,3352,1672,239N/A12/31/20217,6832,5061,0871,153N/A9/30/20217,5622,4542,0602,109N/A6/30/20217,1632,2351,7481,816N/A3/31/20216,4021,6961,5781,641N/A12/31/20205,6651,2231,6101,673N/A9/30/20205,5081,1131,6481,720N/A6/30/20205,4091,0992,2072,281N/A3/31/20205,7101,3432,0852,173N/A12/31/20196,0621,6112,8212,906N/A9/30/20195,9881,6313,5413,625N/A6/30/20196,0991,7162,7272,828N/A3/31/20196,1451,7773,1883,277N/A12/31/20186,1781,7932,4072,506N/A9/30/20186,1371,5151,4011,530N/A6/30/20186,0931,3962,6882,812N/A3/31/20186,0781,325N/A2,009N/A12/31/20176,0261,219N/A1,815N/A9/30/20175,9621,251N/A1,908N/A6/30/20175,7551,067N/A376N/A3/31/20175,213867N/A911N/A12/31/20164,724753N/A1,689N/A9/30/20164,288764N/A1,742N/A6/30/20164,022815N/A1,796N/A3/31/20164,035852N/A2,606N/A12/31/20154,062892N/A1,131N/A9/30/20154,095914N/A1,104N/A6/30/20154,027895N/A1,116N/A3/31/20154,012907N/A62N/A12/31/20144,033917N/A1,320N/A9/30/20143,998900N/A1,144N/A6/30/20144,036932N/A885N/A3/31/20144,002883N/A1,472N/A12/31/20133,953847N/A1,547N/A9/30/20133,904808N/A1,488N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: KEYの予測収益成長率 (年間34.2% ) は 貯蓄率 ( 3% ) を上回っています。収益対市場: KEYの収益 ( 34.2% ) はBG市場 ( 12.3% ) よりも速いペースで成長すると予測されています。高成長収益: KEYの収益は今後 3 年間で 大幅に 増加すると予想されています。収益対市場: KEYの収益 ( 8.7% ) BG市場 ( 5.3% ) よりも低い成長が予測されています。高い収益成長: KEYの収益 ( 8.7% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: KEYの 自己資本利益率 は、3年後には低くなると予測されています ( 11.8 %)。成長企業の発掘7D1Y7D1Y7D1YBanks 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日(UTC時間)企業分析2024/08/08 09:59終値2024/08/08 00:00収益2024/06/30年間収益2023/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM(Trailing Twelve Month)またはLTM(Last Twelve Month)データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋KeyCorp 16 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。47 アナリスト機関Stephen BiggarArgus Research CompanyDavid GeorgeBairdJason GoldbergBarclays44 その他のアナリストを表示
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to €12.61, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 8x in the Banks industry in Europe. Total returns to shareholders of 15% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €21.13 per share.
Reported Earnings • Jul 20Second quarter 2024 earnings released: EPS: US$0.29 (vs US$0.27 in 2Q 2023)Second quarter 2024 results: EPS: US$0.29 (up from US$0.27 in 2Q 2023). Revenue: US$1.41b (flat on 2Q 2023). Net income: US$273.0m (up 9.2% from 2Q 2023). Profit margin: 19% (up from 18% in 2Q 2023). Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Banks industry in Europe.
お知らせ • Jul 11KeyCorp Declares Cash Dividend on Common Shares for the Third Quarter of 2024, Payable on September 13, 2024KeyCorp announced that its Board of Directors declared the dividend for the third quarter of 2024: a cash dividend of $0.205 per share on the corporation's outstanding common shares. The dividend is payable on September 13, 2024, to holders of record of such Common Shares as of the close of business on August 27, 2024.
お知らせ • Jul 10KeyBank's Latest Digital Investment in Home Lending Brings Speed, Simplicity and Ease to ClientsKeyBank announced that in today's competitive homebuying environment, KeyBank’s latest digital investment in home lending is making it faster and easier for clients looking to purchase a home. KeyBank recently unveiled a digital enhancement that automates the time-consuming verification of borrowers' income, assets, and employment. Using this instant verification technology reduces the need for borrowers to gather and submit multiple pieces of documentation. This improves the client experience by simplifying the loan process, ensuring necessary borrower information is uploaded securely into KeyBank's system, and enabling faster closing times. During a two-week pilot, KeyBank provided convenience by saving: 17 borrowers from having to provide bank statements. 36 borrowers from having to provide paystubs and tax returns to validate their income. 74 borrowers from having to verify their employment. In addition, during the pilot, approximately 2,862 minutes were eliminated from the entire mortgage application process – helping clients get into their new homes sooner.
お知らせ • May 11KeyCorp Declares Cash Dividend on Common Shares for the Second Quarter of 2024, Payable on June 14, 2024KeyCorp announced that its Board of Directors declared a cash dividend of $0.205 per share on the corporation's outstanding common shares for the second quarter of 2024. The dividend is payable on June 14, 2024, to holders of record of such Common Shares as of the close of business on May 28, 2024.
お知らせ • May 09+ 4 more updatesKeyCorp to Report Q4, 2024 Results on Jan 21, 2025KeyCorp announced that they will report Q4, 2024 results Pre-Market on Jan 21, 2025
お知らせ • May 08KeyBank Launches Virtual Account Management Services Powered by Qolo's Technology PlatformKeyBank announced the launch of KeyVAM, a virtual account management solution for treasury management clients who have complex demand deposit account (DDA) structures and want to streamline their cash-flow and account structure. KeyVAM is a technology-enabled cash management solution powered by Qolo, providing clients with the ability to manage multiple clients or cost centers with custom virtual account structures, automated reporting and reconciliation, an intuitive user interface, and fast, easy API integration. With Qolo's omnichannel payments platform businesses can instantly open or close new subaccounts using self-service tools. This collaboration with Qolo marks another innovative fintech solution from KeyBank designed to make cash management easier for treasurers across the United States, solving their complex payments and financing needs. Virtual accounts are linked to an existing commercial bank DDA on KeyNavigator, KeyBank's online commercial banking system. KeyVAM allows incoming or outgoing payments to be reflected in real-time, to maintain a virtual sub-ledger that provides a continuously updated transaction and balance history to deliver transparency into company-wide cash flows. These accounts have a unique account number accessible on external payment networks, are self-serviced and managed, and can be established to reflect a client's business needs or ideal liquidity structure with complete flexibility. KeyVAM also provides the ability to process real-time payments (RTP) in and out of the sub ledgers, in addition to wire and ACH transactions. KeyVAM offers several benefits including: Real-time reconciliation within a flexible virtual account structure, bringing speed and clarity to cash management while keeping up with evolving regulatory needs; Improved efficiency streamlining cash management to help avoid unwanted bank fees and additional overhead; Customized reporting with transaction and reconciliation data for each Virtual Sub account, while total funds settle in one physical DDA account; and Easy integration with a suite of flexible APIs designed to work with existing infrastructure.
Reported Earnings • May 05First quarter 2024 earnings released: EPS: US$0.20 (vs US$0.30 in 1Q 2023)First quarter 2024 results: EPS: US$0.20 (down from US$0.30 in 1Q 2023). Revenue: US$1.42b (down 9.4% from 1Q 2023). Net income: US$183.0m (down 34% from 1Q 2023). Profit margin: 13% (down from 18% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Banks industry in Europe.
Reported Earnings • Apr 18First quarter 2024 earnings released: EPS: US$0.24 (vs US$0.30 in 1Q 2023)First quarter 2024 results: EPS: US$0.24 (down from US$0.30 in 1Q 2023). Revenue: US$1.42b (down 9.4% from 1Q 2023). Net income: US$219.0m (down 20% from 1Q 2023). Profit margin: 15% (down from 18% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Banks industry in Europe.
お知らせ • Feb 27Keycorp Announces Chief Accounting Officer Changes, Effective March 15, 2024KeyCorp announced that Douglas M. Schosser, currently Chief Accounting Officer, will be leaving the company to pursue a senior executive position at another company, effective March 15, 2024. Stacy L. Gilbert will succeed him as KeyCorp's Chief Accounting Officer at that time. Stacy has served as Corporate Controller of KeyCorp since August 2023. She previously served as Assistant Corporate Controller and Senior Director of External Reporting and Accounting Policy. Stacy first joined Key in 2002, holding a variety of accounting roles, before leaving to join FirstMerit Corporation in 2008. She re-joined Key in 2016.
Reported Earnings • Feb 25Full year 2023 earnings released: EPS: US$0.89 (vs US$1.94 in FY 2022)Full year 2023 results: EPS: US$0.89 (down from US$1.94 in FY 2022). Revenue: US$5.89b (down 13% from FY 2022). Net income: US$821.0m (down 54% from FY 2022). Profit margin: 14% (down from 27% in FY 2022). The decrease in margin was primarily driven by lower revenue. Net interest margin (NIM): 2.17% (down from 2.64% in FY 2022). Cost-to-income ratio: 73.2% (up from 60.0% in FY 2022). Non-performing loans: 0.51% (up from 0.34% in FY 2022). Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Banks industry in Europe.
お知らせ • Jan 26Key Equipment Finance Promotes Shawn Arnone to Managing Director of the Capital Markets GroupThe division of Ohio-based KeyCorp has promoted Shawn Arnone to managing director of the Capital Markets Group. In the position, Arnone is to oversee the leasing and structured finance team. Arnone has more than 30 years of relationship management experience.
Reported Earnings • Jan 19Full year 2023 earnings released: EPS: US$0.89 (vs US$1.94 in FY 2022)Full year 2023 results: EPS: US$0.89 (down from US$1.94 in FY 2022). Revenue: US$5.89b (down 13% from FY 2022). Net income: US$821.0m (down 54% from FY 2022). Profit margin: 14% (down from 27% in FY 2022). The decrease in margin was primarily driven by lower revenue. Net interest margin (NIM): 2.17% (down from 2.64% in FY 2022). Cost-to-income ratio: 73.2% (up from 60.0% in FY 2022). Non-performing loans: 0.51% (up from 0.34% in FY 2022). Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Banks industry in Europe.
お知らせ • Jan 13Keybank Names Rachael Sampson as Head of Community Banking for the Consumer BankKeyBank has named Rachael Sampson Head of Community Banking for its Consumer Bank. In this newly created role, Sampson will lead teams responsible for the strategy, implementation and execution of a variety of consumer products and services designed to acquire and deepen relationships with clients in low-to-moderate income and diverse segments, as well as the national consumer sales strategy for these segments. Her team will also oversee the day-to-day management of Key's workplace banking and financial wellness programs, and the direction of Key's women and diverse consumer client-focused initiatives. Sampson reports to Victor Alexander, Head of Key's Consumer Bank, which serves more than three million clients with branch offices in 15 states and a national multi-channel distribution. Sampson and the Community Banking team will partner closely with KeyBank's Corporate Responsibility team to identify opportunities aligned with Key's purpose of helping clients and communities thrive. Sampson, who has been with KeyBank for 18 years, previously led KeyBank'sKey4Women and Key@Work programs which are now part of the new Community Banking organization. She has also served as a Commercial Bank relationship manager in KeyBank's Cincinnati Market. Sampson holds a Bachelor of Business Administration from Thomas More University and is a Master of Business Administration candidate from the University of Cincinnati.
お知らせ • Jan 11+ 2 more updatesKeyCorp, Annual General Meeting, May 09, 2024KeyCorp, Annual General Meeting, May 09, 2024.
お知らせ • Jan 10KeyCorp Names Darrin Benhart as Chief Risk OfficerKeyCorp announced that Darrin Benhart, Deputy Chief Risk Officer, has been named the bank's Chief Risk Officer, effective January 1, 2024. Darrin succeeds Mark Midkiff, whose long-planned retirement was announced in November and who will remain at the bank through a transition period. Darrin joined Key in July 2022, after a 30-year career at the Comptroller of the Currency (OCC), U.S. Department of the Treasury, where he held a series of increasingly senior roles, including serving as Deputy Comptroller of the Currency. As Chief Risk Officer, Darrin will oversee all aspects of KeyCorp's risk management program.
お知らせ • Nov 17KeyCorp Declares Quarterly Cash Dividend on Common Shares, Payable on December 15, 2023KeyCorp announced that its Board of Directors declared the dividend for the fourth quarter of 2023: A cash dividend of $0.205 per share on the corporation's outstanding common shares. The dividend is payable on December 15, 2023, to holders of record of such Common Shares as of the close of business on November 28, 2023.
お知らせ • Sep 23KeyBank Consolidates its BranchesKeyBank will open a new, full-service, branch in Schenectady, NY. As part of the opening of this new branch, KeyBank is consolidating its branches located at 3083 Carman Road in Rotterdam and 1708 Broadway in Schenectady into the new location on Altamont Avenue. Those locations will close on September 29, 2023.
お知らせ • Aug 08Keybank Introduces Products & Services to Help Clients Take Further Control of Their FinancesKeyBank announced new products and services to enhance the banking experience for consumers on their paths to progress. These enhancements come on the heels of recent upgrades to KeyBank's overdraft and non-sufficient funds fees announced last year to offer consumers more flexibility, more convenience, and help reducing financial stress. In July, Key launched a simplified Relationship program1 that makes it easier for clients to receive better rates on eligible deposit accounts and 2% cashback on the Key Cashback®? credit card, highest cashback level. There is no enrollment required for Key's suite of benefits. Clients must have one eligible KeyBank checking account that they use for 5 or more qualifying transactions a month. Once they have that, the next product they open (that is not a checking account) comes with relationship benefits. Key's enhanced relationship program is unique compared to others, offering one definition to unlock benefits across the consumer product suite. Additional benefits will be introduced for the program later this year, including better rates for personal loan and home lending products. In May, Key introduced Key Select Checking, a best-in-class and high reward checking solution that awards clients with multiple benefits, such as an annual cash bonus. To qualify for the annual $100 cash bonus, a client must make qualifying direct deposits into their Key Select Checking account over 12 statement periods. In addition to the cash bonus eligibility, Key Select Checking clients can receive benefits including monthly fee waivers, lowered fees, and ATM benefits. Immediate FundsSM3 provides more flexibility by helping clients access deposits instantly: Key offers clients a range of solutions to meet their individual financial needs and continually looks for more efficient ways to serve them. As of early July, Key introduced Immediate Funds, an option in KeyBank's mobile banking app to help consumer and small business clients gain access to full deposit amounts instantly. For eligible mobile deposits, clients will be given the option to choose Immediate Funds, which, for a 2% fee, allows clients to skip the processing time and access the full deposited funds immediately. Continued enhancements coming soon: Introducing Early Pay: Key is dedicated to continuously improving the banking experience and making managing money easier. Clients will continue to have the option of selecting the standard processing option to make the deposit free of charge. Key is dedicated to continuously improving the banking experience and making managing money easier. Coming in mid-August, Early Pay4 will allow clients with eligible direct deposits into a KeyBank account to receive their funds up to two days early. Here's how it works: There is no enrollment required and no fee for this service. Early Pay is available automatically to clients who have a KeyBank checking or savings account with eligible direct deposits. When Key receives direct deposit information from a client's employer or other payment provider in advance of the pay date, Key could make the money available to the client up to two days early. For example, if a payday is on Friday, and Key receives the deposit information two days in advance, the client could receive their money on Wednesday. Clients will be notified in advance of the start of the Early Pay program. As of now, current product offerings and terms remain in effect. Additional current offerings aimed at helping clients take control of their finances, include: Key Secured Credit Card® . Provides eligible clients with simple access to credit, helps them develop good spending habits and provides an educational foundation for future credit cards. KeyBank Hassle-Free Account®. A Bank On certified product with no monthly maintenance service charges or minimum balance fees. KeyBank Neighbors First CreditSM5. Help make the dream of home ownership a reality by providing up to $5,000 to homebuyers purchasing a home in an eligible community to be used for closing and prepaid costs that may come with financing a new home. This includes mortgage, flood and hazard insurance, escrow deposit, real estate taxes and per diem interest.
お知らせ • Aug 05Pomerantz LLP Announces the Filing of Class Action Against KeyCorpPomerantz LLP announced that a class action lawsuit has been filed against KeyCorp and certain officers. The class action, filed in the United States District Court for the Northern District of Ohio, Eastern Division, and docketed under 23-cv-01520, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Key securities between February 27, 2020 and June 9, 2023, both dates inclusive (Class Period), seeking to recover damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials. The complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and prospects. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: Key downplayed concerns with its liquidity while overstating the effectiveness of its long-term liquidity strategy; Key overstated its projected NII for the second quarter and full year of 2023, as well as related positive NII drivers, while downplaying negative NII drivers; as a result, Key was likely to negatively revise its previously issued NII guidance; all the foregoing, once revealed, was likely to negatively impact Key's business, financial results, and reputation; and as a result, Defendants' public statements were materially false and/or misleading at all relevant times.
Reported Earnings • Jul 26Second quarter 2023 earnings released: EPS: US$0.27 (vs US$0.55 in 2Q 2022)Second quarter 2023 results: EPS: US$0.27 (down from US$0.55 in 2Q 2022). Revenue: US$1.42b (down 18% from 2Q 2022). Net income: US$250.0m (down 50% from 2Q 2022). Profit margin: 18% (down from 29% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Banks industry in Europe.