Highest-materiality recent filing
KeyCorp Q2 2026 net income $472M ($0.44 EPS), up 26% YoY; revenue $1.96B, up 7%
Net income $472M ($0.44 diluted EPS), up 26% from $0.35 YoY; revenue $1.96B, up 7% YoY.
KeyCorp reports 1Q26 diluted EPS $0.44, NII up 11% YoY; targets 3.25%+ NIM by 4Q27
1Q26 diluted EPS $0.44, up 33% YoY; net interest income $1,230M, up 11% YoY.
KeyCorp launches $3.0B share buyback, declares $0.205 quarterly dividend
Board authorized $3.0B common share repurchase program, replacing existing $1.0B authorization (~$280M remaining).
KeyCorp Q1 net income $0.44/diluted share, up 33% YoY; revenue up 10%
Net income $486M ($0.44 diluted EPS), up 33% YoY from $0.33; revenue $1.95B (+10% YoY).
KeyCorp Q4 net income $474M ($0.43 EPS); board adds DeSpirito, Henson
Q4 net income $474M ($0.43 diluted EPS); adjusted net income $458M ($0.41).
KeyCorp consumer bank outlines $88B deposits, $68B AUM; targets $100B AUM by 2030
Consumer deposits $88B, loans $35B; revenue $3.6B TTM; net charge-off ratio 0.12% YTD vs peer median 0.48%.
KeyCorp Q3 net income $454M ($0.41 EPS); revenue up 17% YoY adjusted; NIM expands to 2.75%
GAAP EPS $0.41 vs $(0.47) loss last year; adjusted EPS $0.41 vs $0.30 last year.
KeyCorp reports 1H25 EPS up 47% YoY; targets NIM above 3.25% medium-term
1H25 diluted EPS $0.69 (+47% YoY); revenue $3.6B (+18%) on NII growth of 26%.
KeyCorp Q2 2025 EPS $0.35, revenue up 21% YoY; NIM expands to 2.66%
Net income $387M ($0.35 diluted EPS) vs. $237M ($0.25) in Q2 2024; revenue $1.84B (+21% YoY).
Middle Market avg ROE 17-20% over FY2022-2024; Commercial Payments revenue CAGR 10% over 5 years.
KeyCorp Q1 net income $370M, EPS $0.33; revenue up 16% YoY, NIM expands to 2.58%
Net income $370M ($0.33 diluted EPS) vs $183M ($0.20) YoY; adjusted EPS $0.33 vs $0.22 YoY.
KeyCorp authorizes $1.0B share repurchase program, to begin in H2 2025
Board authorized up to $1.0 billion in common share repurchases via open market or private transactions.
KeyCorp Q4 2024 GAAP net loss $279M, adjusted EPS $0.38; CET1 rises to 12%
Q4 GAAP net loss $(279)M, $(0.28)/share; adjusted net income $378M, $0.38/share.
KeyCorp closes $2B Scotiabank tranche; now 14.9% owned; books $700M securities repositioning loss
Scotiabank completed $2.0B purchase of KeyCorp common stock, now owns 14.9% of outstanding shares.
Federal Reserve approved Scotiabank's remaining ~10% stake; total investment now cleared.
KeyCorp Q3 GAAP net loss $(0.47)/share; adjusted EPS $0.30; receives $821M Scotiabank tranche
GAAP net loss $(447)M ($(0.47)/diluted) vs. prior Q $0.25; includes $(737)M after-tax securities repositioning charge.
KeyCorp sells $7B low-yield securities, expects $700M after-tax loss in Q3 2024
Sold ~$7.0B of low-yielding investment securities in a strategic repositioning.
Scotiabank completes $0.8B initial KeyCorp investment; owns 4.9% of common stock
Initial purchase of $0.8B at $17.17/share completed; Scotiabank now holds 4.9% of KeyCorp common.
KeyCorp enters $2.8B investment deal with Scotiabank for up to 14.9% stake at $17.17/share
Scotiabank to purchase KeyCorp common shares at $17.17 each for aggregate ~$2.8B across two closings.
Scotiabank to invest ~$2.8B in KeyCorp at $17.17/share; 14.9% stake; pro forma CET1 12.4%
Scotiabank will invest ~$2.8B in KeyCorp at $17.17/share for ~14.9% pro forma common ownership.
KeyCorp Q2 2024 net income $237M ($0.25 EPS); deposits up 5% YoY
Net income from continuing operations $237M ($0.25 diluted EPS) vs $250M ($0.27) year ago.
KeyCorp Q1 2024 net income $183M ($0.20 EPS); noninterest income up 6% YoY
Net income $183M, EPS $0.20, vs $275M ($0.30) YoY; includes $0.02 FDIC special assessment.
KeyCorp Q4 net income $30M (EPS $0.03) includes $209M charges; revenue down 19% YoY
Net income of $30M ($0.03 diluted EPS) vs $356M ($0.38) in Q4 2022; includes $209M in after-tax charges (FDIC assessment, efficiency costs, pension settlement).
KeyCorp Q3 net income $266M ($0.29 EPS) on $1.57B revenue; CET1 ratio rises to 9.8%
Net income $266M ($0.29 diluted EPS) vs $250M ($0.27) in Q2 2023 and $513M ($0.55) in Q3 2022.
KeyCorp Q2 net income $250M ($0.27 EPS); revenue down 11% YoY, deposits up $1B QoQ
Net income $250M vs $504M YoY; diluted EPS $0.27 vs $0.54.
KeyCorp Q1 net income $275M ($0.30 EPS) down 34.5% YoY; margin compresses
Net income $275M ($0.30 diluted EPS) vs $420M ($0.45) YoY, down 34.5%.
KeyCorp names Clark Khayat as CFO, replacing retiring Donald Kimble
Donald R. Kimble retired as CFO on March 16; remains Vice Chairman and CAO until May 1, 2023.
On March 14, 2024, the Board of Directors of KeyCorp (the “Company”) appointed Stacy L. Gilbert as Chief Accounting Officer of the Company, effective as of March 15, 2024.
The Company also announced that Stacy L. Gilbert, Corporate Controller of the Company, will succeed Mr. Schosser as Chief Accounting Officer and assume the responsibilities of the Company’s principal accounting officer effective upon Mr. Schosser’s resignation.
Douglas M. Schosser, Chief Accounting Officer of the Company, intends to resign from the Company, effective March 15, 2024, to pursue a senior executive position at another company.
On November 9, 2023, KeyCorp (the “Company”) announced that Angela G. Mago will assume the role of Chief Human Resources Officer of the Company.
On March 16, 2023, in connection with his previously announced retirement, Donald R. Kimble retired from his position as Chief Financial Officer of KeyCorp
The Company’s Board of Directors appointed Clark H. I. Khayat as Chief Financial Officer effective that same day.
Clark H.I. Khayat, Chief Strategy Officer of the Company, will succeed Mr. Kimble as Chief Financial Officer effective upon Mr. Kimble’s retirement.
Donald R. Kimble, Vice Chairman, Chief Administrative Officer and Chief Financial Officer of the Company, will retire from the Company effective May 1, 2023.
On December 10, 2021, the KeyCorp Board of Directors elected Richard J. Tobin to the Board of Directors.
On September 23, 2021, Bruce D. Broussard resigned from the KeyCorp Board of Directors
Max materiality 0.85 · Median 0.65 · Most common event other_material