KeyCorp
Industry: Regional Banks
Fortune Rank: 356
For the nine months ended 30 September 2005, KeyCorp's total interest income increased 21% to $3.36B. Net interest income after loan loss provisions increased 14% to $1.97B. The Company's net income for the period increased 12% to $833M. Net interest income reflects higher loans and loan yields, partially offset by lower interest spreads. Earnings also suffered from decreased trust and investment services income.
KeyCorp is a bank holding company and a financial holding company. Its subsidiaries provide a wide range of retail and commercial banking, commercial leasing, investment management, consumer finance and investment banking products and services to individual, corporate and institutional clients through three major business groups: Consumer Banking, Corporate and Investment Banking, and Investment Management Services. As of December 31, 2004, services were provided across much of the United States through subsidiaries operating 935 full-service retail banking branches (KeyCenters), a telephone banking call center services group and 2,194 automated teller machines (ATMs) in 17 states. In December 2004, Key Equipment Finance (KEF), a unit of KeyCorp, acquired American Express Business Finance Corporation (AEBF), the equipment-leasing unit of American Express' small business division.
KeyCorp
KeyCorp achieved revenue of $6,068.00 million in 2010 but posted a loss of $-1,335.00 million.
KeyCorp' rank improves
The company ranking improved in 2010, moving up the Fortune 500 list to 356th compared to 382nd in 2009. This was based on its 2009 revenue of $6,499 million (a change of 0 million compared to 2010) and profits of $-1,468 million (a change of $0 million compared to 2009).
Another point of view
To many investors, profits are more important than revenue a company earns, If the Fortune 500 was ranked by profits instead of revenue then KeyCorp would be ranked 475th rather than 356th due to the fact it made a loss of $-1,335 million in 2010.
| KeyCorp | Revenue* | Profit* | Fortune Ranking |
|---|---|---|---|
| 2010 | 6,068 | -1,335 | 356 |
| 2009 | 6,499 | -1,468 | 382 |
| 2008 | 7,873 | 919 | 321 |
| 2007 | 7,507 | 1,055 | 319 |
* US$ Million
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Address
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KeyCorp
127 Public Square
Cleveland
OH
44114
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KeyCorp
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Contact Details
- Phone: 216-689-6300
- Fax: 216-689-0519
- Website: www.key.com
- Stock Symbol: KEY
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