---
schema_version: "secwatch.filing_event.v1"
accession: "0000091576-25-000050"
form_type: "8-K"
ticker: "KEY"
cik: "0000091576"
company_name: "KEYCORP /NEW/"
filed_at: "2025-04-17T23:59:59+00:00"
generated_at: "2026-05-23T12:52:47.805829+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# KeyCorp Q1 net income $370M, EPS $0.33; revenue up 16% YoY, NIM expands to 2.58%

## Summary
- 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.

## SEC filing metadata
- accession: 0000091576-25-000050
- form_type: 8-K
- ticker: KEY
- cik: 0000091576
- company_name: KEYCORP /NEW/
- filed_at: 2025-04-17T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/91576/000009157625000050/0000091576-25-000050-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/91576/000009157625000050/key-20250417.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000091576-25-000050
- JSON: https://secwatch.observer/filing/0000091576-25-000050.json
- Plain text: https://secwatch.observer/filing/0000091576-25-000050.txt

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