Keycorp (KEY) Non Operating Interest Expenses (2009 - 2024)
Keycorp's (KEY) quarterly Non Operating Interest Expenses came in at $1.2 billion in Q1 2024, up 59.59% on a YoY basis from $725.0 million in Q2 2023, and up 2.48% quarter-over-quarter from $1.1 billion in Q4 2023.
Analysis
Keycorp (KEY) Non Operating Interest Expenses (2009 - 2024) Analysis & Trends
Keycorp (KEY) has reported Non Operating Interest Expenses for 16 consecutive years, with $1.2 billion the latest figure, recorded in Q1 2024.
- For the quarter ending Q1 2024, Non Operating Interest Expenses rose 59.59% year-over-year to $1.2 billion; the trailing twelve-month figure through Mar 2024 stood at $4.4 billion (up 187.95% YoY), and the FY2023 full-year result was $4.0 billion, up 353.56% from the prior year.
- Non Operating Interest Expenses improved to $1.2 billion in Q1 2024 per KEY's latest filing, from $1.1 billion in the prior quarter.
- Across five years, Non Operating Interest Expenses topped out at $1.2 billion in Q1 2024 and bottomed at $66.0 million in Q1 2022.
- Historically, Non Operating Interest Expenses has averaged $411.9 million across 5 years, with a median of $172.0 million in 2020.
- The sharpest annual moves came in 2020 and 2023: Non Operating Interest Expenses slumped 70.59% in 2020, then soared 998.48% in 2023.
- Over 5 years, Non Operating Interest Expenses stood at $90.0 million in 2020, then dropped by 22.22% to $70.0 million in 2021, then jumped by 578.57% to $475.0 million in 2022, then surged by 137.68% to $1.1 billion in 2023, then rose by 2.48% to $1.2 billion in 2024.
- According to Business Quant data, Non Operating Interest Expenses over the past three periods registered $1.2 billion, $1.1 billion, and $1.1 billion for Q1 2024, Q4 2023, and Q3 2023 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 448.38 Bn | 568.32 Bn | - | -538.61 Bn |
| 2 | Truist Financial | 63.10 Bn | 63.10 Bn | - | 224.00 Mn |
| 3 | Fifth Third Bancorp | 49.74 Bn | 26.02 Bn | - | - |
| 4 | M&T Bank | 34.66 Bn | 34.66 Bn | - | - |
| 5 | Huntington Bancshares | 34.41 Bn | 29.92 Bn | - | - |
| 6 | Citizens Financial | 29.91 Bn | 29.91 Bn | - | - |
| 7 | Regions Financial | 25.92 Bn | 25.99 Bn | - | - |
| 8 | Keycorp | 23.68 Bn | -24.02 Bn | - | - |
| 9 | First Citizens Bancshares | 22.94 Bn | 22.41 Bn | 29.00 Mn | - |
| 10 | East West Bancorp | 17.92 Bn | 12.83 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 1.16 Bn |
| Dec 31, 2023 | 1.13 Bn |
| Sep 30, 2023 | 1.13 Bn |
| Jun 30, 2023 | 1.03 Bn |
| Mar 31, 2023 | 725.00 Mn |
| Dec 31, 2022 | 475.00 Mn |
| Sep 30, 2022 | 248.00 Mn |
| Jun 30, 2022 | 96.00 Mn |
| Mar 31, 2022 | 66.00 Mn |
| Dec 31, 2021 | 70.00 Mn |
| Sep 30, 2021 | 71.00 Mn |
| Jun 30, 2021 | 73.00 Mn |
| Mar 31, 2021 | 82.00 Mn |
| Dec 31, 2020 | 90.00 Mn |
| Sep 30, 2020 | 119.00 Mn |
| Jun 30, 2020 | 172.00 Mn |
| Mar 31, 2020 | 270.00 Mn |
| Dec 31, 2019 | 306.00 Mn |
| Sep 30, 2019 | 345.00 Mn |
| Jun 30, 2019 | 348.00 Mn |