KeyCorp (KEY) Tops Q2 EPS by 1c

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Go back to KeyCorp (KEY) Tops Q2 EPS by 1c

KeyCorp Reports Second Quarter 2017 Net Income Of $393 Million, Or $.36 Per Common Share

July 20, 2017 6:31 AM EDT

CLEVELAND, July 20, 2017 /PRNewswire/ -- KeyCorp (NYSE: KEY) today announced second quarter net income from continuing operations attributable to Key common shareholders of $393 million, or $.36 per common share, compared to $296 million or $.27 per common share, for the first quarter of 2017 and $193 million, or $.23 per common share, for the second quarter of 2016. During the second quarter of 2017, Key's results included a number of notable items, including a gain related to our merchant services business, the finalization of purchase accounting, merger-related charges, and a charitable contribution. These notable items had a pre-tax net... More