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 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

* US$ Million

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