secwatch.observer — SEC 8-K summary
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Issuer:     KEYCORP /NEW/ (KEY)
CIK:        0000091576
Form:       8-K
Filed at:   2025-10-16T23:59:59+00:00
Accession:  0000091576-25-000118
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

KeyCorp Q3 net income $454M ($0.41 EPS); revenue up 17% YoY adjusted; NIM expands to 2.75%
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- GAAP EPS $0.41 vs $(0.47) loss last year; adjusted EPS $0.41 vs $0.30 last year.
- Total revenue (TE) $1.895B, up 172% YoY; adjusted revenue up 17% YoY.
- Net interest margin 2.75% (+9 bps QoQ, +58 bps YoY); net interest income $1.193B (+4% QoQ).
- Net charge-offs 42 bps stable; nonperforming assets down 6% sequentially; provision $107M.
- CET1 ratio 11.8% (est); tangible book value +4% QoQ; deposits up 2% QoQ to $150.4B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/91576/000009157625000118/0000091576-25-000118-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/91576/000009157625000118/key-20251016.htm
  HTML page:      https://secwatch.observer/filing/0000091576-25-000118

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer