---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-063618"
form_type: "8-K"
ticker: "KEY"
cik: "0000091576"
company_name: "KEYCORP /NEW/"
filed_at: "2026-09-25T21:04:18+00:00"
generated_at: "2026-10-12T13:26:43.912343+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# KeyCorp deck: 1H26 EPS $0.88 (+28% YoY), NII +10%, sees NIM 3.25%+ by 4Q27

## Summary
- 1H26 diluted EPS $0.88, up 28% YoY; 2Q26 EPS $0.44. Revenue $3,917M (+8%); NII $2,488M (+10%); noninterest income $1,429M (+5%).
- NIM was 2.89% in 2Q26; guides 3.00-3.05% by 4Q26 and 3.25%+ by 4Q27, citing $30B of low-rate swaps, securities, and residential mortgages repricing through 2027.
- 1H26 ROATCE 13.0%, up 180 bps; cash efficiency ratio 61.1%, improved 190 bps; provision for credit losses $198M, down 23%. 2Q26 NCO ratio 42 bps.
- Record AUM $74B at 6/30/2026; relationship household growth +3% YoY; CET1 ratio 9.8%; allowance for credit losses 1.56% of period-end loans.
- Plans at least $1.3B of 2026 share repurchases ($341M done in 2Q26); May 2026 board authorized up to $3B. Assets $191B, deposits $153B, loans $110B.

## SEC filing metadata
- accession: 0001628280-26-063618
- form_type: 8-K
- ticker: KEY
- cik: 0000091576
- company_name: KEYCORP /NEW/
- filed_at: 2026-09-25T21:04:18+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/91576/000162828026063618/0001628280-26-063618-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/91576/000162828026063618/key-20260925.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-063618
- JSON: https://secwatch.observer/filing/0001628280-26-063618.json
- Plain text: https://secwatch.observer/filing/0001628280-26-063618.txt

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