On Friday, Jan. 19, KeyCorp (NYSE:KEY) released fourth-quarter and year-end earnings for the period ended Dec. 31, 2006. Here are the quick-and-dirty details for the quarter.

  • Total revenue grew 2.7% to $1.3 billion.
  • Net interest income grew 3.9%, even though the net interest margin decreased slightly to 3.66%.
  • Total adjusted diluted earnings advanced 10.1%, after removing the effects from the discontinued mortgage finance businesses.

(Figures in millions, except per-share data)

Income Statement Highlights

Q4 2006

Q4 2005

Change

Total Revenue

$1,302

$1,268

2.7%

Net Interest Income - FTE

$744

$716

3.9%

Net Profit

$146

$296

(50.7%)

EPS

$0.36

$0.72

(50.0%)

Adjusted EPS*

$0.76

$0.69

10.1%

*From continuing operations

Get back to basics with a look at the income statement.

Ratio Checkup

Q4 2006

Q4 2005

Change*

Net Interest Margin

3.66%

3.68%

(0.02%)

Efficiency Ratio

No Data

No Data

No Data

Nonperforming Assets / Assets

0.30%

0.33%

(0.03%)

Return on Average Assets

1.33%

1.26%

0.07%

Return on Average Equity

15.63%

14.96%

0.67%

*Expressed in percentage points. NIM, ROA, ROE from continuing operations.

Find out more about bank ratios.

Balance Sheet Highlights

Assets

Q4 2006

Q4 2005

Change

Investments

$12,891

$13,392

(3.7%)

Loans

$69,463

$69,859

(0.6%)



Liabilities

Q4 2006

Q4 2005

Change

Deposits

$59,116

$58,765

0.6%

Total Liabilities

$84,634

$85,528

(1.0%)



Learn about bank assets and bank liabilities.

Related Companies:

  • National City Corp (NYSE:NCC)
  • Fifth Third Bancorp (NASDAQ:FITB)
  • US Bancorp (NYSE:USB)
  • JPMorgan Chase (NYSE:JPM)
  • Marshall & Ilsley (NYSE:MI)

Related Foolishness:

National City, US Bancorp, and JPMorgan Chase are Income Investor recommendations.

Fool by Numbers is designed to give you the raw earnings information in a timely fashion, putting all the numbers you need in one easy-to-read place. But at The Motley Fool, we believe numbers tell only part of the story, so check Fool.com for more of our in-depth discussion of what the numbers mean.

Fool contributor Ryan Fuhrmann has no financial interest in any company mentioned. Feel free to email him with feedback or to discuss any companies mentioned further. The Fool has an ironclad disclosure policy.