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 2023 NET INCOME OF $275 MILLION, OR $.30 PER DILUTED COMMON SHARE

April 20, 2023 6:30 AM EDT

Net income includes $126 million, or $.14 per share from allowance build and expense actions

Durable, relationship-based business model provides stability and positions the company to perform well throughout the business cycle

Strong liquidity and funding, supported by diverse, core deposits

Solid credit quality and disciplined underwriting with net charge-offs to average loans of 15 basis points

Capital remains strong, with Common Equity Tier 1 of... More