KeyCorp (KEY) Tops Q1 EPS by 2c, Beats on Revenue

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KEYCORP REPORTS FIRST QUARTER 2026 NET INCOME OF $486 MILLION, OR $0.44 PER DILUTED COMMON SHARE INCREASING 33% YEAR-OVER-YEAR

April 16, 2026 6:30 AM EDT

Revenue of $1.95 billion, up 10% year-over-year, with noninterest income up 8%

Net interest income up 11% year-over-year and 1% quarter-over-quarter despite seasonality impact; net interest margin of 2.87% increased 5 bps sequentially

Period-end loans up $2.6 billion quarter-over-quarter, with commercial loans up $3.3 billion or 4%

Credit quality remains strong - nonperforming assets were 63 bps and net charge-offs were 38 bps

Common Equity Tier 1 ratio of 11.4%(a); repurchased $389 million of common shares during the... More