earnings
confidence high
sentiment positive
materiality 0.80
KeyCorp Q1 net income $370M, EPS $0.33; revenue up 16% YoY, NIM expands to 2.58%
KEYCORP /NEW/
2025-Q1 EPS reported
$0.33
revenue$1,773,000,000
- Net income $370M ($0.33 diluted EPS) vs $183M ($0.20) YoY; adjusted EPS $0.33 vs $0.22 YoY.
- Revenue $1.773B (TE) up 15.7% YoY; net interest income $1.105B up 24.7% YoY; NIM 2.58% up 56bps.
- Noninterest expense $1.131B down 1% YoY; nonperforming assets down 9% QoQ; net charge-offs 0.43% of avg loans.
- CET1 ratio 11.8% (est.) vs 10.3% YoY; tangible common equity to tangible assets 7.4% vs 5.0% YoY.
- Board authorized new $1B share repurchase program; declared $0.205/share quarterly dividend.