KeyCorp (KEY) Misses Q1 EPS by 4c

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Go back to KeyCorp (KEY) Misses Q1 EPS by 4c

KEYCORP REPORTS FIRST QUARTER 2022 NET INCOME OF $420 MILLION, OR $.45 PER DILUTED COMMON SHARE

April 21, 2022 6:30 AM EDT

Strong loan growth driven by consumer and commercial businesses

Record loan originations from Laurel Road

Net interest income reflects strong loan growth and liquidity deployment

Noninterest income adversely impacted by market conditions late in the quarter

Credit quality remains strong with net charge-offs to average loans of 13 basis points

CLEVELAND, April 21, 2022 /PRNewswire/ -- KeyCorp (NYSE: KEY) today announced net income from... More