secwatch.observer — SEC 8-K summary
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Issuer:     KEYCORP /NEW/ (KEY)
CIK:        0000091576
Form:       8-K
Filed at:   2026-04-16T23:59:59+00:00
Accession:  0000091576-26-000013
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/91576/000009157626000013/0000091576-26-000013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/91576/000009157626000013/key-20260416.htm
  HTML page:      https://secwatch.observer/filing/0000091576-26-000013

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