---
schema_version: "secwatch.filing_event.v1"
accession: "0000091576-26-000013"
form_type: "8-K"
ticker: "KEY"
cik: "0000091576"
company_name: "KEYCORP /NEW/"
filed_at: "2026-04-16T23:59:59+00:00"
generated_at: "2026-05-15T05:58:50.787481+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# KeyCorp Q1 net income $0.44/diluted share, up 33% YoY; revenue up 10%

## Summary
- 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.

## SEC filing metadata
- accession: 0000091576-26-000013
- form_type: 8-K
- ticker: KEY
- cik: 0000091576
- company_name: KEYCORP /NEW/
- filed_at: 2026-04-16T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/91576/000009157626000013/0000091576-26-000013-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/91576/000009157626000013/key-20260416.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000091576-26-000013
- JSON: https://secwatch.observer/filing/0000091576-26-000013.json
- Plain text: https://secwatch.observer/filing/0000091576-26-000013.txt

## Key facts
- Earnings Releases
  KEYCORP /NEW/ reported first quarter of 2026 results: revenue $1.95 billion, net income $486 million, EPS $0.44 per diluted common share.
  - Period: first quarter of 2026
  - Revenue: $1.95 billion
  - Net income: $486 million
  - EPS: $0.44 per diluted common share
  - Result: reported results
  source text: KEYCORP REPORTS FIRST QUARTER 2026 NET INCOME OF $486 MILLION, OR $0.44 PER DILUTED COMMON SHARE INCREASING 33% YEAR-OVER-YEAR Revenue of $1.95 billion, up 10% year-over-year, with noninterest income up 8%
  evidence_url: https://www.sec.gov/Archives/edgar/data/91576/000009157626000013/0000091576-26-000013-index.htm

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