---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-032171"
form_type: "8-K"
ticker: "KEY"
cik: "0000091576"
company_name: "KEYCORP /NEW/"
filed_at: "2024-07-18T23:59:59+00:00"
generated_at: "2026-05-31T20:03:18.377975+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# KeyCorp Q2 2024 net income $237M ($0.25 EPS); deposits up 5% YoY

## Summary
- Net income from continuing operations $237M ($0.25 diluted EPS) vs $250M ($0.27) year ago.
- Average deposits $144.2B, up $1.3B QoQ and YoY; client deposits up 5% YoY.
- Net interest margin 2.04% vs 2.12% year ago; expenses down 6% QoQ.
- CET1 ratio 10.5%, up 23 bps QoQ and 120 bps YoY; NCOs to avg loans 34 bps.
- Commercial Bank revenue down 6.6% YoY; Consumer Bank revenue down 2.3% YoY.

## SEC filing metadata
- accession: 0001628280-24-032171
- form_type: 8-K
- ticker: KEY
- cik: 0000091576
- company_name: KEYCORP /NEW/
- filed_at: 2024-07-18T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/91576/000162828024032171/0001628280-24-032171-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/91576/000162828024032171/key-20240718.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-032171
- JSON: https://secwatch.observer/filing/0001628280-24-032171.json
- Plain text: https://secwatch.observer/filing/0001628280-24-032171.txt

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