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KeyCorp (KeyCorp) Tax Rate % : -14.04% (As of Dec. 2023)


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What is KeyCorp Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. KeyCorp's Tax Expense for the three months ended in Dec. 2023 was $-8.00 Mil. KeyCorp's Pre-Tax Income for the three months ended in Dec. 2023 was $57.00 Mil. Therefore, KeyCorp's Tax Rate % for the quarter that ended in Dec. 2023 was -14.04%.

KeyCorp Tax Rate % Historical Data

The historical data trend for KeyCorp's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

KeyCorp Tax Rate % Chart

KeyCorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.53 14.59 19.73 18.09 16.90

KeyCorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.66 16.86 17.71 -14.04 21.22

KeyCorp Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

KeyCorp's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=196/1160
=16.90 %

KeyCorp's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2023 )/Pre-Tax Income (Q: Dec. 2023 )
=-8/57
=-14.04 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

KeyCorp Tax Rate % Related Terms

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KeyCorp (KeyCorp) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » KeyCorp (NYSE:KEYPRHCL.PFD) » Definitions » Tax Rate %
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BAP CFG EWBC RF FHN HBAN WBS CBSH CMA CFR NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK NSE:SBIN SAU:1120 XPAR:BNP ISX:BBCA MIC:SBER SGX:D05 MIL:ISP
Traded in Other Exchanges
KEYpL.PFD:USA KEYpK.PFD:USA KEYpJ.PFD:USA KEYpI.PFD:USA KEY:USA KEY:Germany KEY:Germany K1EY34:Brazil KEY:Austria
Address
127 Public Square, Cleveland, OH, USA, 44114-1306
Website
https://www.key.com
With assets of over $170 billion, Ohio-based KeyCorp's bank footprint spans 16 states, but it is predominantly concentrated in its two largest markets: Ohio and New York. KeyCorp is primarily focused on serving middle-market commercial clients through a hybrid community/corporate bank model.