---
schema_version: "secwatch.filing_event.v1"
accession: "0000091576-24-000061"
form_type: "8-K"
ticker: "KEY"
cik: "0000091576"
company_name: "KEYCORP /NEW/"
filed_at: "2024-04-18T23:59:59+00:00"
generated_at: "2026-06-03T21:24:41.483800+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# KeyCorp Q1 2024 net income $183M ($0.20 EPS); noninterest income up 6% YoY

## Summary
- Net income $183M, EPS $0.20, vs $275M ($0.30) YoY; includes $0.02 FDIC special assessment.
- Net interest income $886M, down 19.9% YoY; net interest margin 2.02%, down 45 bps.
- Noninterest income $647M, up 6.4% YoY, driven by record Q1 investment banking fees (+17.2%).
- CET1 ratio 10.3%, up 120 bps YoY; tangible common equity ratio 5.0%.
- Net charge-offs $81M (0.29% of loans) vs $45M (0.15%) YoY; NPLs $658M (0.60% of loans).

## SEC filing metadata
- accession: 0000091576-24-000061
- form_type: 8-K
- ticker: KEY
- cik: 0000091576
- company_name: KEYCORP /NEW/
- filed_at: 2024-04-18T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/91576/000009157624000061/0000091576-24-000061-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/91576/000009157624000061/key-20240418.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000091576-24-000061
- JSON: https://secwatch.observer/filing/0000091576-24-000061.json
- Plain text: https://secwatch.observer/filing/0000091576-24-000061.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.