Keycorp (KEY) FY2022 results: revenue $7.2 billion, down 0.3% on the year
Keycorp (KEY) reported revenue of $7.2 billion for fiscal 2022, the year ended 31 December 2022, down 0.3% on the year before. Net income was $1.9 billion, down 27.0%, and diluted earnings per share $1.93. The figures are the company's own, from the 10-K it filed with the SEC on 22 February 2023.
Revenue
$7.2 billion
-0.3% on the year
FY2015FY2022
Operating margin
n/a
FY2015FY2022
Net income
$1.9 billion
-27.0% on the year
FY2015FY2022
Diluted EPS
$1.93
-26.6% on the year
FY2015FY2022
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
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
4,469
1,153
1,673
+287.6%
Capital expenditure
96.0
66.0
63.0
+45.5%
Free cash flow
4,373
1,087
1,610
+302.3%
Cash from investing
-10,934
-15,068
-24,721
Cash from financing
6,439
13,737
23,407
-53.1%
Depreciation and amortisation
96.0
107
115
-10.3%
Share-based compensation
120
104
101
+15.4%
Buybacks
0.0
585
134
Dividends paid
854
823
829
+3.8%
Dividend per share
$0.79
$0.75
$0.74
+5.3%
Diluted shares, weighted
933m
957m
975m
-2.5%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
13,454
17,423
17,981
-22.8%
Non-controlling interest
n/a
n/a
0.0
Deposits
142,595
152,572
135,282
-6.5%
Repurchase agreements
4,077
173
220
+2,256.6%
Debt
28,770
12,803
14,688
+124.7%
Other liabilities
917
3,375
2,165
-72.8%
Total liabilities and equity
189,813
186,346
170,336
+1.9%
Goodwill
2,752
2,693
2,664
+2.2%
Intangible assets
94.0
130
188
-27.7%
Investments
2,432
11,010
16,194
-77.9%
Loans
118,057
n/a
n/a
Securities borrowed
0.0
0.0
0.0
Trading assets
829
701
735
+18.3%
Cash and equivalents
887
913
1,091
-2.8%
Other assets
64,762
170,899
149,464
-62.1%
Total assets
189,813
186,346
170,336
+1.9%
10-K for the year ended 31 December 2022, filed 22 February 2023: the filing.