Keyp(US:KEY) ZACKSยท2025-01-15 15:20Core Viewpoint - KeyCorp (KEY) is expected to report quarterly earnings of $0.33 per share, reflecting a 32% increase year-over-year, with revenues projected at $1.73 billion, a 13.2% increase compared to the previous year [1] Earnings Projections - Analysts have revised the consensus EPS estimate upward by 2% over the past 30 days, indicating a collective reassessment of the company's performance [1][2] Key Metrics Projections - The average balance of total earning assets is estimated at $173.23 billion, slightly up from $172.05 billion a year ago [4] - The Cash Efficiency Ratio (non-GAAP) is projected to be 68.7%, down from 88.6% in the same quarter last year [4] Asset Quality and Capital Ratios - Nonperforming assets are expected to total $733.76 million, up from $591 million a year ago [5] - The Tier 1 Risk-based Capital Ratio is projected at 12.5%, an increase from 11.7% year-over-year [5] - The Total Risk-based Capital Ratio is expected to be 14.8%, compared to 14.1% in the previous year [5] Leverage and Nonperforming Loans - The Leverage Ratio is anticipated to reach 9.4%, up from 9% in the same quarter last year [6] - Nonperforming loans at period-end are estimated at $663.97 million, compared to $574 million a year ago [6] Income Projections - Total Noninterest Income is forecasted to be $702.20 million, up from $610 million in the same quarter last year [6] - Investment banking and debt placement fees are expected to reach $194.54 million, compared to $136 million in the previous year [7] - Net interest income (FTE basis) is projected at $1.04 billion, up from $928 million a year ago [7] - Cards and payments income is estimated at $87.69 million, compared to $84 million last year [8] - Trust and investment services income is projected to be $143.26 million, up from $132 million in the same quarter last year [8] Stock Performance - KeyCorp shares have decreased by 1.8% over the past month, while the Zacks S&P 500 composite has declined by 3.3% [8]