secwatch.observer — SEC 8-K summary
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Issuer:     KEYCORP /NEW/ (KEY)
CIK:        0000091576
Form:       8-K
Filed at:   2026-05-29T21:12:12+00:00
Accession:  0001628280-26-039245
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

KeyCorp reports 1Q26 diluted EPS $0.44, NII up 11% YoY; targets 3.25%+ NIM by 4Q27
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- 1Q26 diluted EPS $0.44, up 33% YoY; net interest income $1,230M, up 11% YoY.
- ROTCE 13.0%, up 179bp YoY; cash efficiency ratio improved to 60.4%.
- Board authorized up to $3B share repurchases; 2026 repurchase guidance increased to $1.3B.
- NIM target 3.25%+ by 4Q27 driven by fixed-rate asset repricing and deposit optimization.
- Priority fee businesses (Wealth, IB, Payments) grew 12% YoY; AUM ~$70B, up 14% YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/91576/000162828026039245/0001628280-26-039245-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/91576/000162828026039245/key-20260529.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-039245

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