KeyCorp (KEY) Revenue — Quarter Ended Sep 30, 2024
Revenue increased sharply compared with both the prior quarter and the same quarter a year ago. The sequential gain marks a continuation of the upward trajectory seen in recent quarters.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q3
Revenue increased sharply compared with both the prior quarter and the same quarter a year ago. The sequential gain marks a continuation of the upward trajectory seen in recent quarters.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$419M
Revenue reported for this quarter.
Quarter-over-quarter
+10.6%
Change from the immediately preceding quarter.
Year-over-year
+20.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$1.6B
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 |
|---|---|---|
| Dec 31, 2023 | $361M | -21.0% |
| Mar 31, 2024 | $399M | +6.4% |
| Jun 30, 2024 | $379M | +8.9% |
| Sep 30, 2024 | $419M | +20.7% |
Revenue performance
For the quarter, reported revenue reached a level that was the highest in the trailing twelve-month period.
Quarterly comparison
Revenue grew compared with the immediately preceding quarter, reversing the decline seen two quarters earlier. Versus the same quarter one year prior, revenue also registered an increase.
What to watch
Monitor whether revenue can sustain the positive sequential growth rate in future quarters.