secwatch.observer — SEC 8-K summary
======================================

Issuer:     KEYCORP /NEW/ (KEY)
CIK:        0000091576
Form:       8-K
Filed at:   2026-01-20T23:59:59+00:00
Accession:  0000091576-26-000006
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

KeyCorp Q4 net income $474M ($0.43 EPS); board adds DeSpirito, Henson
---------------------------------------------------------------------

- Q4 net income $474M ($0.43 diluted EPS); adjusted net income $458M ($0.41).
- Q4 revenue $2.0B; record full-year revenue $7.5B, up 16% adjusted YoY.
- Net interest margin 2.82% (+7 bps QoQ); CET1 ratio 11.7%; repurchased $200M shares.
- Nonperforming loans down 6% QoQ; net charge-offs 39 bps (down 3 bps).
- Directors Gillis and Highsmith retiring; nominees DeSpirito (ex-BlackRock) and Henson (ex-Truist); Vasos named Lead Independent Director.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/91576/000009157626000006/0000091576-26-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/91576/000009157626000006/key-20260115.htm
  HTML page:      https://secwatch.observer/filing/0000091576-26-000006

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