secwatch.observer — SEC 8-K summary
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Issuer:     KEYCORP /NEW/ (KEY)
CIK:        0000091576
Form:       8-K
Filed at:   2026-10-20T10:30:51+00:00
Accession:  0000091576-26-000020
Event type: earnings
Sentiment:  positive
Materiality: 0.68
Item codes: 2.02, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

KeyCorp Q3 EPS $0.51, up 24% YoY; record revenue $2.04B and NIM 2.95%
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- Net income from continuing operations attributable to Key common shareholders of $537M, or $0.51 per diluted share, vs $0.41 a year ago and $0.44 in 2Q26.
- Record total revenue $2.04B, up 8.4% YoY and 4.5% QoQ; net interest income $1.30B (+9.8% YoY) with net interest margin 2.95% (+20 bps YoY).
- Investment banking and debt placement fees $214M, up 26.6% QoQ and 16.3% YoY; trust and investment services income $165M (+10% YoY).
- Credit improved: net charge-offs $89M (0.32% of avg loans) vs 0.42%; provision $61M vs $107M; nonperforming loans $618M (0.55%) from 0.73% in 2Q26.
- CET1 estimated 11.1%; repurchased $320M of shares in 3Q26 ($1.3B planned for 2026); declared common dividend of $0.205 per share; ROTCE 15.11%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/91576/000009157626000020/0000091576-26-000020-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/91576/000009157626000020/key-20261020.htm
  HTML page:      https://secwatch.observer/filing/0000091576-26-000020

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