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KeyCorp KEY Interest Expense on Short-Term Borrowings and Other

Other financials

Income statement

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Revenue$2.0B+7.0%
Net income$509.0M+19.8%
EPS (diluted)$0.44+25.7%

Balance sheet

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Total debt$17.0B+15.7%
Total equity$20.0B+5.2%
Total assets$188.66B0.0%

Cash flow

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Operating cash flow-$62.0M+55.7%
CapEx$12.0M+20.0%
Free cash flow-$74.0M+50.7%

Valuation

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Market cap$24.28B+18.4%
P/E12×-105×
P/S3.1×-0.9×

Profitability

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Net margin26.1%+22.6pp
FCF margin28.4%

Returns & leverage

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Return on equity10%+9.8pp
Debt / equity0.9×+0.1×

Questions, answered.

What does interest expense on short-term borrowings and other mean?
This captures the interest expense associated with short-term borrowings, such as commercial paper, bank notes, and other miscellaneous interest-bearing liabilities. It represents the cost of maintaining short-term operational liquidity outside of traditional deposit funding.