KeyCorp reported a strong fourth quarter in 2021, with record revenue and pre-provision net revenue for both the quarter and the full year. The company demonstrated positive operating leverage and strong credit quality, returning 75% of net income to shareholders in 2021.
Record revenue for the fourth quarter and full year
Record pre-provision net revenue for the fourth quarter and full year
Positive operating leverage for the fourth quarter and full year
Strong credit quality: net charge-offs to average loans of 8 basis points
Significant capital return: 75% of net income returned to shareholders in 2021
This earnings release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements do not relate strictly to historical or current facts. Forward-looking statements usually can be identified by the use of words such as “goal,” “objective,” “plan,” “expect,” “assume,” “anticipate,” “intend,” “project,” “believe,” “estimate,” or other words of similar meaning.
Visualization of income flow from segment revenue to net income