How do you interpret corporate banking — goodwill translation adjustments?

This is primarily an accounting adjustment; large fluctuations indicate high exposure to foreign currency volatility rather than operational performance.

How does corporate banking — goodwill translation adjustments compare across companies?

Commonly found as 'Foreign Currency Translation Adjustments' in the equity or goodwill notes of multinational banks.

KeyCorp KEY Corporate Banking — Goodwill Translation Adjustments

Discontinued — last reported Q4 '15

Similar metrics at other companies

USBWealth, Corporate, Commercial and Institutional Banking — Goodwill Foreign Currency Translation Gain (Loss) And Other Increase (Decrease)

$750K+250%

IRMCorporate And Other — Goodwill Translation Adjustments

$0—

CDWCorporate — Goodwill Translation Adjustments

$0—

USBConsumer and Business Banking — Goodwill Foreign Currency Translation Gain (Loss) And Other Increase (Decrease)

$0—

WTFCCommunity Banking — Goodwill, Foreign Currency Translation Gain (Loss)

$144.6M—

RJFCapital Markets — Goodwill Translation Adjustments

$74K—

Other financials

Income statement

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Revenue$1.9B+10.3%

Net income$522.0M+28.9%

EPS (diluted)$0.44+33.3%

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$24.38B+22.8%

P/E12.5×-782×

P/S3.2×-0.9×

Profitability

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Net margin25.4%+24.9pp

FCF margin28.4%—

Returns & leverage

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Return on equity10%+9.8pp

Debt / equity0.9×+0.1×

Where this comes from

Reported directly by KeyCorp in its filing.

Tagged under the XBRL concept us-gaap:GoodwillTranslationAdjustments.

The official record: KeyCorp’s 10-K, filed February 24, 2016, on SEC EDGAR. View the filing →

Questions, answered.

What does corporate banking — goodwill translation adjustments mean?: Changes in the value of goodwill caused by fluctuations in foreign currency exchange rates.
How do you interpret corporate banking — goodwill translation adjustments?: This is primarily an accounting adjustment; large fluctuations indicate high exposure to foreign currency volatility rather than operational performance.
How does corporate banking — goodwill translation adjustments compare across companies?: Commonly found as 'Foreign Currency Translation Adjustments' in the equity or goodwill notes of multinational banks.