KeyCorp (KEY) Reports In-Line Q1 EPS

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Go back to KeyCorp (KEY) Reports In-Line Q1 EPS

KeyCorp Reports First Quarter 2018 Net Income Of $402 Million, Or $.38 Per Common Share

April 19, 2018 6:30 AM EDT

CLEVELAND, April 19, 2018 /PRNewswire/ -- KeyCorp (NYSE: KEY) today announced first quarter net income from continuing operations attributable to Key common shareholders of $402 million, or $.38 per common share, compared to $181 million, or $.17 per common share, for the fourth quarter of 2017 and $296 million, or $.27 per common share, for the first quarter of 2017. Key's reported results in the fourth quarter of 2017 included merger-related charges and the estimated impact of tax reform and related actions, resulting in a net impact of $.19 per common share. Key's results in the first quarter of 2017 included merger-related charges,... More