
KeyCorp
0.55 %
11.2 %
Yet to be announced
Company Overview
KeyCorp operates as the holding company for KeyBank National Association. It operates in Consumer Bank and Commercial Bank segments. The company operates through a network of approximately 999 branches and 1,317 ATMs in 15 states.
Revenue Sources
FailAs a traditional banking institution, KeyCorp's primary business model revolves around interest-based lending and banking services. The company's core operations are fundamentally based on lending money for profit, which is considered a haram activity in Islamic finance.
Reliance on Interest
Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
---|---|---|---|---|---|---|
March 31, 2025 | $1.76b | $974.0m | $1.1b | $974.0m | 62.13% | 100.00% |
Dec. 31, 2024 | $855.0m | $1.08b | $1.05b | $1.08b | 122.92% | 100.00% |
Sept. 30, 2024 | $683.0m | $1.22b | $952.0m | $1.22b | 139.39% | 100.00% |
June 30, 2024 | $1.51b | $1.2b | $887.0m | $1.2b | 58.59% | 100.00% |
Based on the financial data from the last four quarters, interest income and interest expense make up a substantial portion of KeyCorp's business model. The interest income to total revenue ratios consistently exceed 50% of total revenue, while interest expenses represent a significant portion of total expenses. This indicates that interest-based activities are central to KeyCorp's business model.
Operational Ethics
PassAfter reviewing available information, there is no evidence of significant ongoing associations with entities involved in human rights violations. The company's operations are primarily focused in the United States.
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