earnings
confidence high
sentiment positive
materiality 0.75
KeyCorp Q1 net income $0.44/diluted share, up 33% YoY; revenue up 10%
KEYCORP /NEW/
2026-Q1 EPS reported
$0.44
revenue$1,953,000,000
- Net income $486M ($0.44 diluted EPS), up 33% YoY from $0.33; revenue $1.95B (+10% YoY).
- Net interest income up 11% YoY; NIM 2.87%, +5 bps QoQ; commercial loans up $3.3B QoQ.
- Priority fee-based businesses (wealth, IB, payments) grew 12% YoY; noninterest income up 8%.
- Repurchased $389M of common stock in Q1; CET1 ratio 11.4%; updated Basel III proposal could add >100 bps.
- Return on tangible common equity 13.02% (+179 bps YoY); tangible book value per share up 10% YoY.