KeyCorp (NYSE:KEY)
$ 15.08 0 (0%) Market Cap: 14.22 Bil Enterprise Value: 39.14 Bil PE Ratio: 19.09 PB Ratio: 1.18 GF Score: 69/100

Q4 2022 KeyCorp Earnings Call Transcript

Jan 19, 2023 / 03:00PM GMT
Release Date Price: $16.45 (-4.58%)
Operator

Good morning, and welcome to KeyCorp's Fourth 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 & CEO

Well, thank you for joining us for KeyCorp's Fourth Quarter 2022 Earnings Conference Call. Joining me on the call today are Don Kimble, our Chief Financial Officer; Clark Khayat, our Chief Strategy Officer. Upon Don's planned retirement, Clark will assume the CFO role; and also 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'm now moving to Slide 3. This morning, we reported earnings of $356 million or $0.38 per common share. Our results included $265 million of provision for credit losses, which exceeded net charge-offs by $224 million or $0.20 a share. The

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