KeyCorp (KEY) Revenue — Quarter Ended Mar 31, 2024
KeyCorp reported higher revenue for the quarter. The increase reversed a trend of year-over-year declines seen in recent quarters.
Key takeaway
Quarter ended Mar 31, 2024 · FY2024 Q1
KeyCorp reported higher revenue for the quarter. The increase reversed a trend of year-over-year declines seen in recent quarters.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$399M
Revenue reported for this quarter.
Quarter-over-quarter
+10.5%
Change from the immediately preceding quarter.
Year-over-year
+6.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$1.5B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2023 | $348M | -13.2% |
| Sep 30, 2023 | $347M | -8.0% |
| Dec 31, 2023 | $361M | -21.0% |
| Mar 31, 2024 | $399M | +6.4% |
Revenue performance
Revenue rose during the quarter, driven by the factors described in the filing.
Quarterly comparison
Compared to the immediately preceding quarter, revenue increased. Compared to the same quarter one year earlier, revenue also increased, marking a turnaround from prior year-over-year declines.
What to watch
The filing contains forward-looking statements and risk factors that could influence future results.