KeyCorp (NYSE:KEY)
$ 18.41 -0.13 (-0.7%) Market Cap: 18.38 Bil Enterprise Value: 37.64 Bil PE Ratio: 1,854.00 PB Ratio: 1.28 GF Score: 68/100

Q1 2022 KeyCorp Earnings Call Transcript

Apr 21, 2022 / 12:00PM GMT
Release Date Price: $21.08 (-3.08%)
Operator

Good morning, and welcome to KeyCorp's First Quarter 2022 Earnings Conference Call. As a reminder, this conference is being recorded. I would now like to turn the conference over to the Chairman and CEO, Chris Gorman. Please go ahead.

Christopher Marrott Gorman
KeyCorp - Chairman, President & CEO

Well, thank you, operator, and thank you for joining us for KeyCorp's First Quarter 2022 Earnings Conference Call. Joining me on the call today are Don Kimble, our Chief Financial Officer; and Mark Midkiff, our Chief Risk Officer. On Slide 2, you will find our statement on forward-looking disclosure and non-GAAP financial measures. It covers our presentation materials and comments as well as the question-and-answer segment of our call.

I am now turning to Slide 3. This morning, we reported earnings of $420 million or $0.45 per share. Our results reflect strong underlying operating performance, expected seasonality and the impact of current market conditions. Our results also included $0.04 per share of additional loan loss provision in excess of net

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot