Keycorp (KEY) FY2021 results: revenue $7.3 billion, up 8.7% on the year
Keycorp (KEY) reported revenue of $7.3 billion for fiscal 2021, the year ended 31 December 2021, up 8.7% on the year before. Net income was $2.6 billion, up 95.5%, and diluted earnings per share $2.63. The figures are the company's own, from the 10-K it filed with the SEC on 22 February 2022.
Revenue
$7.3 billion
+8.7% on the year
FY2014FY2021
Operating margin
n/a
FY2014FY2021
Net income
$2.6 billion
+95.5% on the year
FY2014FY2021
Diluted EPS
$2.63
+107.1% on the year
FY2014FY2021
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
1,153
1,673
2,906
-31.1%
Capital expenditure
66.0
63.0
85.0
+4.8%
Free cash flow
1,087
1,610
2,821
-32.5%
Cash from investing
-15,068
-24,721
-4,918
Cash from financing
13,737
23,407
2,066
-41.3%
Depreciation and amortisation
107
115
118
-7.0%
Share-based compensation
104
101
96.0
+3.0%
Buybacks
585
134
835
+336.6%
Dividends paid
823
829
804
-0.7%
Dividend per share
$0.75
$0.74
$0.71
+1.4%
Diluted shares, weighted
957m
975m
1,002m
-1.8%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
17,423
17,981
17,038
-3.1%
Non-controlling interest
n/a
0.0
0.0
Deposits
152,572
135,282
111,870
+12.8%
Repurchase agreements
173
220
387
-21.4%
Debt
12,803
14,688
13,540
-12.8%
Other liabilities
3,375
2,165
2,153
+55.9%
Total liabilities and equity
186,346
170,336
144,988
+9.4%
Fixed assets
n/a
n/a
814
Goodwill
2,693
2,664
2,664
+1.1%
Intangible assets
130
188
253
-30.9%
Investments
11,010
16,194
1,272
-32.0%
Loans
n/a
n/a
93,746
Securities borrowed
0.0
0.0
0.0
Trading assets
701
735
1,040
-4.6%
Cash and equivalents
913
1,091
732
-16.3%
Other assets
170,899
149,464
44,467
+14.3%
Total assets
186,346
170,336
144,988
+9.4%
10-K for the year ended 31 December 2021, filed 22 February 2022: the filing.