KEY · Categories · Earnings
KEY - Earnings announcements
KeyCorp (KEY) earnings announcements - real-time wire coverage filtered to Earnings only.
Recent Earnings for KEY
- KEYCORP REPORTS FIRST QUARTER 2026 NET INCOME OF $486 MILLION, OR $0.44 PER DILUTED COMMON SHARE INCREASING 33% YEAR-OVER-YEARRevenue 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 sequentiallyPeriod-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 bpsCommon Equity Tier 1 ratio of 11.4%(a); repurchased $389 million of common shares during the quarterCLEVELAND, April 16, 2026 /PRNewswire/ -- KeyCorp (NYSE:KEY) announced net income from continuing operations attributable to Key common shareholders of $486 million, or $0.4
- KEYCORP REPORTS FOURTH QUARTER 2025 NET INCOME OF $474 MILLION, OR $.43 PER DILUTED COMMON SHARERevenue of $2.0 billion; Record full year revenue of $7.5 billion, up 16% year-over-year adjusted for selected items(a),(b) Pre-provision net revenue(b) increased $46 million quarter-over-quarter; Full year pre-provision net revenue increased 44% year-over-year adjusted for selected items(a),(b) Net interest income increased 3% quarter-over-quarter, and net interest margin of 2.82% increased 7 bps Nonperforming assets decreased 6% quarter-over-quarter; Net charge-offs decreased 3 bps to 39 bps Common Equity Tier 1 ratio of 11.7%(c); Repurchased $200 million of common shares during the quarter CLEVELAND, Jan. 20, 2026 /PRNewswire/ -- KeyCorp (NYSE:KEY) today announced net income from continu
- KEYCORP REPORTS THIRD QUARTER 2025 NET INCOME OF $454 MILLION, OR $.41 PER DILUTED COMMON SHARERevenue of $1.9 billion, up 17% year-over-year adjusted for last year's securities portfolio repositioning(a); Positive operating leverage on both a total and adjusted fee(a) basis year-over-year Net interest income increased 4% quarter-over-quarter, and net interest margin of 2.75% increased 9 bps Average deposits increased 2% quarter-over-quarter, while total deposit costs declined by 2 bps to 1.97% Nonperforming assets decreased 6% sequentially; Net charge-offs remained stable at 42 bps CLEVELAND, Oct. 16, 2025 /PRNewswire/ -- KeyCorp (NYSE:KEY) today announced net income from continuing operations attributable to Key common shareholders of $454 million, or $.41 per diluted common share,
- KEYCORP REPORTS SECOND QUARTER 2025 NET INCOME OF $387 MILLION, OR $.35 PER DILUTED COMMON SHARERevenue of $1.8 billion, up 21% year-over-year; Significant positive operating leverage on both a total and fee basis year-over-year Net interest income up 4% and net interest margin increased 8 bps quarter-over-quarter Period-end loans up $1.6 billion quarter-over-quarter; Commercial loans up $3.3 billion or 5% year-to-date Net charge-offs declined 8% quarter-over-quarter; Other credit metrics stable to improved CLEVELAND, July 22, 2025 /PRNewswire/ -- KeyCorp (NYSE:KEY) today announced net income from continuing operations attributable to Key common shareholders of $387 million, or $.35 per diluted common share, for the second quarter of 2025. For the first quarter of 2025, net income from
- KEYCORP ANNOUNCES 2026 QUARTERLY EARNINGS CONFERENCE CALL DATESCLEVELAND, May 12, 2025 /PRNewswire/ -- KeyCorp (NYSE:KEY) today announced plans to host conference calls to review quarterly financial results on the following dates: Fourth quarter 2025 – Tuesday, January 20th, 2026 at 8 a.m. ETFirst quarter 2026 – Thursday, April 16th, 2026 at 10 a.m. ETSecond quarter 2026 – Tuesday, July 21st, 2026 at 9 a.m. ETThird quarter 2026 – Tuesday, October 20th, 2026 at 8 a.m. ETFourth quarter 2026 – Wednesday, January 20th, 2027 at 10 a.m. ETThe financial results are scheduled to be released before the market opens on the dates noted above. The conference call live audio webcast and presentation materials will be available at www.key.com/ir. If you are unable to
- KEYCORP REPORTS FIRST QUARTER 2025 NET INCOME OF $370 MILLION, OR $.33 PER DILUTED COMMON SHARERevenue of $1.8 billion, up 16% year-over-year; noninterest expense down 1% year-over-year Net interest income up 4% quarter-over-quarter Improved credit metrics - nonperforming assets declined by 9% and net charge-offs by 4% quarter-over-quarter Common equity tier 1 ratio of 11.8%, up ~150 basis points year-over-year CLEVELAND, April 17, 2025 /PRNewswire/ -- KeyCorp (NYSE:KEY) today announced net income from continuing operations attributable to Key common shareholders of $370 million, or $.33 per diluted common share for the first quarter of 2025. For the fourth quarter of 2024, KeyCorp reported a net loss from continuing operations attributable to Key common shareholders of $(279) million
- KEYCORP TO PRESENT AT THE BANK OF AMERICA SECURITIES 2025 FINANCIAL SERVICES CONFERENCECLEVELAND, Jan. 31, 2025 /PRNewswire/ -- KeyCorp (NYSE:KEY) announced today that Chris Gorman, Chairman and Chief Executive Officer, will speak at the Bank of America Securities 2025 Financial Services Conference on Tuesday, February 11, 2025, at 8:00 a.m. ET in Miami. KeyCorp plans to review its performance, strategy, and outlook, and the discussion may include forward-looking statements and other material information. The live audio webcast of the conference call will be available at www.key.com/ir. If you are unable to join the live webcast, or wish to hear a re-broadcast, access www.key.com/ir and select Events & Presentations. ABOUT KEYCORPIn 2025, KeyCorp celebrates its bicentennial, m
- KEYCORP REPORTS FOURTH QUARTER 2024 NET LOSS OF $(279) MILLION, OR $(.28) PER DILUTED COMMON SHARE, AND ADJUSTED NET INCOME OF $378 MILLION, OR $.38 PER DILUTED COMMON SHARE(a)Revenue of $865 million; Adjusted for selected items(a), revenue up 16% year-over-year Net interest income up 10% linked quarter Momentum across investment banking, payments, and wealth management fees up 27% year-over-year Common Equity Tier 1 ratio increased 120 basis points quarter-over-quarter to 12%(b) CLEVELAND, Jan. 21, 2025 /PRNewswire/ -- KeyCorp (NYSE:KEY) today announced a net loss from continuing operations attributable to Key common shareholders of $(279) million, or $(.28) per diluted common share, or adjusted net income of $378 million or $.38 per diluted common share(a), for the fourth quarter of 2024. Included in the fourth quarter of 2024 are $(657) million, or $(.66) per d
- KEYCORP TO PRESENT AT THE GOLDMAN SACHS FINANCIAL SERVICES CONFERENCECLEVELAND, Nov. 22, 2024 /PRNewswire/ -- KeyCorp (NYSE:KEY) announced today that Chris Gorman, Chairman and Chief Executive Officer, will speak at the Goldman Sachs Financial Services Conference on Tuesday, December 10, 2024, at 11:20 a.m. ET in New York City. KeyCorp plans to review its performance, strategy, and outlook, and the discussion may include forward-looking statements and other material information. The live audio webcast of the conference call will be available at www.key.com/ir. If you are unable to join the live conference call, or wish to hear a re-broadcast, access www.key.com/ir and select Events & Presentations. KeyCorp's roots trace back nearly 200 years to Albany, New Yo
- KEYCORP TO PRESENT AT THE BANCANALYSTS ASSOCIATION OF BOSTON CONFERENCECLEVELAND, Oct. 30, 2024 /PRNewswire/ -- KeyCorp (NYSE:KEY) announced today that Ken Gavrity, Head of Commercial Banking, and Clark Khayat, Chief Financial Officer, will present at The BancAnalysts Association of Boston Conference on Friday, November 8, 2024, at 10:35 a.m. ET in Boston. KeyCorp plans to review its performance, strategy, and outlook. The live audio webcast of the conference call will be available at www.key.com/ir. If you are unable to join the live conference call, or wish to hear a re-broadcast, access www.key.com/ir and select Events & Presentations. KeyCorp's roots trace back nearly 200 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation'
- KEYCORP REPORTS THIRD QUARTER 2024 NET LOSS OF $(447) MILLION, OR $(.47) PER DILUTED COMMON SHARE, AND ADJUSTED NET INCOME OF $290 MILLION, OR $.30 PER DILUTED COMMON SHARE(a)Received initial $821 million tranche of strategic minority investment from Scotiabank; Common Equity Tier 1 ratio of 10.8% and Tangible Common Equity ratio of 6.2%(b) Net interest income up 7% quarter-over-quarter, with average deposits up 2.5%; Client deposits were up 4% year-over-year Continued strong fee momentum across investment banking, commercial mortgage servicing, commercial payments, and wealth management Nonperforming assets and provision for credit losses were stable to improved quarter-over-quarter CLEVELAND, Oct. 17, 2024 /PRNewswire/ -- KeyCorp (NYSE:KEY) today announced net loss from continuing operations attributable to Key common shareholders of $(447) million, or $(.47)
- KEYCORP TO PRESENT AT THE BARCLAYS 22ND ANNUAL GLOBAL FINANCIAL SERVICES CONFERENCECLEVELAND, Aug. 22, 2024 /PRNewswire/ -- KeyCorp (NYSE:KEY) announced today that Clark Khayat, Chief Financial Officer, will present at The Barclays Global Financial Services Conference on Monday, September 9, 2024, at 2:45 p.m. ET in New York City. KeyCorp plans to review its performance, strategy, and outlook. The live audio webcast of the conference call will be available at www.key.com/ir. If you are unable to join the live conference call, or wish to hear a re-broadcast, access www.key.com/ir and select Events & Presentations. KeyCorp's roots trace back nearly 200 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation's largest bank-based financial service
- KeyCorp Receives Strategic Minority Investment from ScotiabankOpportunistic capital raise on attractive terms Accelerates capital and earnings improvement; capital raise estimated to result in pro forma CET1 of 12.4% Further strengthens Key's capacity for growth CLEVELAND, Aug. 12, 2024 /PRNewswire/ -- KeyCorp (NYSE:KEY) today announced it has reached an agreement under which The Bank of Nova Scotia ("Scotiabank") (TSX:BNS) (NYSE:BNS) will make a strategic minority investment in KeyCorp of approximately $2.8 billion, representing approximately 14.9% pro forma common stock ownership, for a fixed price of $17.17 per share. "Scotiabank approached us with a unique opportunity to raise capital on attractive terms. While we continue to be comfortable with
- KEYCORP REPORTS SECOND QUARTER 2024 NET INCOME OF $237 MILLION, OR $.25 PER DILUTED COMMON SHAREAverage deposits up $1.3 billion compared to the prior quarter and the second quarter of 2023, with client deposits up 5% year-over-year Disciplined expense management: expenses declined approximately 6% from the prior quarter and were stable versus the year-ago period Common Equity Tier 1 ratio rose 20 basis points to 10.5%(a) Credit quality remains solid: net charge-offs to average loans of 34 basis points CLEVELAND, July 18, 2024 /PRNewswire/ -- KeyCorp (NYSE:KEY) today announced net income from continuing operations attributable to Key common shareholders of $237 million, or $.25 per diluted common share, for the second quarter of 2024. Net income from continuing operations attributable
- KEYCORP TO PRESENT AT THE MORGAN STANLEY US FINANCIALS, PAYMENTS, & CRE CONFERENCECLEVELAND, June 4, 2024 /PRNewswire/ -- KeyCorp (NYSE:KEY) announced today that Clark Khayat, Chief Financial Officer, and Daniel Heberle, President, KeyBank Real Estate Capital, will present at the Morgan Stanley US Financials, Payments, & CRE Conference on Tuesday, June 11, 2024, at 3:15 p.m. ET in New York City. KeyCorp plans to review its performance, strategy, and outlook. The live audio webcast of the conference call will be available at www.key.com/ir. If you are unable to join the live conference call, or wish to hear a re-broadcast, access www.key.com/ir and select Ev
- KEYCORP TO PRESENT AT THE BERNSTEIN ANNUAL STRATEGIC DECISIONS CONFERENCECLEVELAND, May 22, 2024 /PRNewswire/ -- KeyCorp (NYSE:KEY) announced today that Chris Gorman, Chairman and Chief Executive Officer, will present at the Bernstein Annual Strategic Decisions Conference on Wednesday, May 29, 2024, at 4:30 p.m. ET in New York City. KeyCorp plans to review its performance, strategy, and outlook. The live audio webcast of the conference call will be available at www.key.com/ir. If you are unable to join the live conference call, or wish to hear a re-broadcast, access www.key.com/ir and select Events & Presentations. KeyCorp's roots trace back nearly 200 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation's largest bank-based finan
- KEYCORP ANNOUNCES 2025 QUARTERLY EARNINGS CONFERENCE CALL DATESCLEVELAND, May 7, 2024 /PRNewswire/ -- KeyCorp (NYSE: KEY) today announced plans to host conference calls to review quarterly financial results on the following dates: Fourth quarter 2024 – Tuesday, January 21st, 2025 at 8 a.m. ETFirst quarter 2025 – Thursday, April 17th, 2025 at 8 a.m. ETSecond quarter 2025 – Tuesday, July 22nd, 2025 at 9 a.m. ETThird quarter 2025 – Thursday, October 16th, 2025 at 10 a.m. ETFourth quarter 2025 – Tuesday, January 20th, 2026 at 8 a.m. ETThe financial results are scheduled to be released before the market opens on the dates noted above, and the live audio webcast of the conference call and presentation materials will be available at www.key.com/ir. Dial-in inf
- KEYCORP REPORTS FIRST QUARTER 2024 NET INCOME OF $183 MILLION, OR $.20 PER DILUTED COMMON SHARE, WITH $.02 IMPACT FROM THE FDIC SPECIAL ASSESSMENT(a)Noninterest income up 6% year-over-year and linked quarter, driven by strength in investment banking and debt placement fees Continued to strengthen the balance sheet by reducing reliance on wholesale funding and higher cost brokered deposits Common Equity Tier 1 ratio increased 120 basis points year-over-year to 10.3%(b) Credit costs remain low: net loan charge-offs to average loans of 29 basis points CLEVELAND, April 18, 2024 /PRNewswire/ -- KeyCorp (NYSE:KEY) today announced net income from continuing operations attributable to Key common shareholders of $183 million, or $.20 per diluted common share, for the first quarter of 2024. Net income from continuing operations attributable to Ke
- KEYCORP TO PRESENT AT THE 2024 RBC CAPITAL MARKETS GLOBAL FINANCIAL INSTITUTIONS CONFERENCECLEVELAND, Feb. 26, 2024 /PRNewswire/ -- KeyCorp (NYSE:KEY) announced today that Clark Khayat, Chief Financial Officer, will present at the 2024 RBC Capital Markets Global Financial Institutions Conference on Tuesday, March 5, 2024, at 10:40 a.m. ET in New York City. KeyCorp plans to review its performance, strategy, and outlook. The live audio webcast of the conference call will be available at www.key.com/ir. If you are unable to join the live conference call, or wish to hear a re-broadcast, access www.key.com/ir and select Events & Presentations. KeyCorp's roots trace back nearly 200 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation's largest bank-based
- KEYCORP TO PRESENT AT THE BANK OF AMERICA SECURITIES 2024 FINANCIAL SERVICES CONFERENCECLEVELAND, Feb. 5, 2024 /PRNewswire/ -- KeyCorp (NYSE:KEY) announced today that Chris Gorman, Chairman and Chief Executive Officer, will present at the Bank of America Securities Financial Services Conference on Tuesday, February 20, 2024, at 12:30 p.m. ET in Miami. KeyCorp plans to review its performance, strategy, and outlook. The live audio webcast of the conference call and presentation materials will be available at www.key.com/ir. If you are unable to join the live conference call, or wish to hear a re-broadcast, access www.key.com/ir and select Events & Presentations. KeyCorp's roots trace back nearly 200 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the n
- KEYCORP REPORTS FOURTH QUARTER 2023 NET INCOME OF $30 MILLION, OR $.03 PER DILUTED COMMON SHAREFourth quarter 2023 net income reflects $209 million of after-tax expenses, or $.22 per share, from the following items: FDIC special assessment, efficiency related expenses, and a pension settlement charge Strong capital position: Common Equity Tier 1 of 10.0%(a), above targeted range Exceeded 2023 full year balance sheet optimization goal: $14 billion reduction in risk-weighted assets(b) Solid credit quality: net charge-offs to average loans of 26 basis points CLEVELAND, Jan. 18, 2024 /PRNewswire/ -- KeyCorp (NYSE:KEY) today announced net income from continuing operations attributable to Key common shareholders of $30 million, or $.03 per diluted common share, for the fourth quarter of
- KEYCORP TO PRESENT AT THE GOLDMAN SACHS 2023 U.S. FINANCIAL SERVICES CONFERENCECLEVELAND, Nov. 20, 2023 /PRNewswire/ -- KeyCorp (NYSE:KEY) announced today that Chris Gorman, Chairman and Chief Executive Officer, and Clark Khayat, Chief Financial Officer, will present at the Goldman Sachs U.S. Financial Services Conference on Tuesday, December 5, 2023, at 1:40 p.m. ET in New York City. KeyCorp plans to review its performance, strategy, and outlook. The live audio webcast of the conference call and presentation materials will be available at www.key.com/ir. If you are unable to join the live conference call, or wish to hear a re-broadcast, access www.key.com/ir and select Events & Presentations. KeyCorp's roots trace back nearly 200 years to Albany, New York. Headquarter
- KEYCORP TO PRESENT AT THE BARCLAYS GLOBAL FINANCIAL SERVICES CONFERENCECLEVELAND, Aug. 30, 2023 /PRNewswire/ -- KeyCorp (NYSE:KEY) announced today that Chris Gorman, Chairman and Chief Executive Officer, and Clark Khayat, Chief Financial Officer, will present at the Barclays Global Financial Services Conference on Tuesday, September 12, 2023, at 2:00 p.m. ET in New York City. KeyCorp plans to review its performance, strategy, and outlook. The live audio webcast of the conference call and presentation materials will be available at www.key.com/ir. If you are unable to join the live conference call, or wish to hear a re-broadcast, access www.key.com/ir and select Events & Presentations. KeyCorp's roots trace nearly 200 years to Albany, New York. Headquartered in
- KEYCORP REPORTS SECOND QUARTER 2023 NET INCOME OF $250 MILLION, OR $.27 PER DILUTED COMMON SHAREStrong, core funded balance sheet: period-end deposits up $1.0 billion compared to the prior quarter Solid credit quality: net charge-offs to average loans of 17 basis points Built capital: Common Equity Tier 1 of 9.2%(a) Disciplined expense management: expenses down 9% from prior quarter and relatively stable versus the year-ago period Net income includes $87 million, or $.09 per share from allowance build CLEVELAND, July 20, 2023 /PRNewswire/ -- KeyCorp (NYSE:KEY) today announced net income from continuing operations attributable to Key common shareholders of $250 million, or $.27 per diluted common share for the second quarter of 2023. This compared to $275 million, or $.30 per diluted
- KEYCORP ANNOUNCES 2024 QUARTERLY EARNINGS CONFERENCE CALL DATESCLEVELAND, June 22, 2023 /PRNewswire/ -- KeyCorp (NYSE: KEY) today announced plans to host conference calls to review quarterly financial results on the following dates: Fourth quarter 2023 – Thursday, January 18th, 2024 at 9:00am ETFirst quarter 2024 – Thursday, April 18th, 2024 at 9:00am ETSecond quarter 2024 – Thursday, July 18th, 2024 at 9:00am ETThird quarter 2024 – Thursday, October 17th, 2024 at 9:00am ETThe financial results are scheduled to be released before the market opens on the dates noted above, and the live audio webcast of the conference call and presentation materials will be available at www.key.com/ir. Dial-in information will be provided at a later date. If you are unabl
- KEYCORP TO PRESENT AT THE MORGAN STANLEY US FINANCIALS, PAYMENTS, & CRE CONFERENCECLEVELAND, June 2, 2023 /PRNewswire/ -- KeyCorp (NYSE:KEY) announced today that Chris Gorman, Chairman and Chief Executive Officer, and Clark Khayat, Chief Financial Officer, will present at the Morgan Stanley US Financials, Payments, & CRE Conference on Monday, June 12, 2023, at 10:15 a.m. ET in New York City. KeyCorp plans to review its performance, strategy, and outlook. The live audio webcast of the conference call and presentation materials will be available at www.key.com/ir. If you are unable to join the live conference call, or wish to hear a re-broadcast, access www.key.com/ir and select Events & Presentations. KeyCorp's roots trace nearly 200 years to Albany, New York. Headquartere
- KEYCORP REPORTS FIRST QUARTER 2023 NET INCOME OF $275 MILLION, OR $.30 PER DILUTED COMMON SHARENet 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 9.1%(a) CLEVELAND, April 20, 2023 /PRNewswire/ -- KeyCorp (NYSE:KEY) today announced net income from continuing operations attributable to Key common shareholders of $275 million, or $.30 per diluted common share for the first quarter of 2023. Th
- KEYCORP TO PRESENT AT THE 2023 RBC CAPITAL MARKETS FINANCIAL INSTITUTIONS CONFERENCECLEVELAND, Feb. 24, 2023 /PRNewswire/ -- KeyCorp (NYSE:KEY) announced today that Don Kimble, Vice Chairman and Chief Financial Officer, and Clark Khayat, Executive Vice President and Chief Strategy Officer, will present at the 2023 RBC Capital Markets Financial Institutions Conference on Tuesday, March 7, 2023, at 2:00 p.m. ET in New York City. KeyCorp plans to review its performance, strategy, and outlook. The live audio webcast of the conference call and presentation materials will be available at www.key.com/ir. If you are unable to join the live conference call, or wish to hear a re-broadcast, access www.key.com/ir and select Events & Presentations. KeyCorp's roots trace nearly 200 years
- KEYCORP TO PRESENT AT THE BANK OF AMERICA SECURITIES 2023 FINANCIAL SERVICES CONFERENCECLEVELAND, Jan. 31, 2023 /PRNewswire/ -- KeyCorp (NYSE:KEY) announced today that Chris Gorman, Chairman and Chief Executive Officer, and Clark Khayat, Executive Vice President and Chief Strategy Officer, will present at the Bank of America Securities 2023 Financial Services Conference on Tuesday, February 14, 2023, at 10:30 a.m. ET in New York City. KeyCorp plans to review its performance, strategy, and outlook. The live audio webcast of the conference call and presentation materials will be available at www.key.com/ir. If you are unable to join the live conference call, or wish to hear a re-broadcast, access www.key.com/ir and select Events & Presentations. KeyCorp's roots trace nearly 200
- KEYCORP REPORTS FOURTH QUARTER 2022 NET INCOME OF $356 MILLION, OR $.38 PER DILUTED COMMON SHAREResults reflect provision for credit losses of $265 million, which exceeded net charge-offs by $224 million, or $.20 per share Loan and deposit growth across commercial and consumer businesses Solid credit quality with net charge-offs to average loans of 14 basis points Annual positive operating leverage for the ninth time in the last ten years CLEVELAND, Jan. 19, 2023 /PRNewswire/ -- KeyCorp (NYSE:KEY) today announced net income from continuing operations attributable to Key common shareholders of $356 million, or $.38 per diluted common share for the fourth quarter of 2022. This compared to $513 million, or $.55 per diluted common share, for the third quarter of 2022 and $601 million, or $
- KEYCORP TO PRESENT AT THE GOLDMAN SACHS 2022 U.S. FINANCIAL SERVICES CONFERENCECLEVELAND, Nov. 15, 2022 /PRNewswire/ -- KeyCorp (NYSE:KEY) announced today that Chris Gorman, Chairman and Chief Executive Officer, and Don Kimble, Vice Chairman and Chief Financial Officer, will present at the Goldman Sachs U.S. Financial Services Conference on Tuesday, December 6, 2022, at 1:40 p.m. ET in New York City. KeyCorp plans to review its performance, strategy, and outlook. The live audio webcast of the conference call and presentation materials will be available at www.key.com/ir. If you are unable to join the live conference call, or wish to hear a re-broadcast, access www.key.com/ir and select Events & Presentations. KeyCorp's roots trace nearly 200 years to Albany, New York.
- KEYCORP REPORTS THIRD QUARTER 2022 NET INCOME OF $513 MILLION, OR $.55 PER DILUTED COMMON SHARERevenue up from the prior quarter and year-ago period Continued loan growth driven by commercial and consumer businesses Strong credit quality with net charge-offs to average loans of 15 basis points Positive operating leverage compared to the prior quarter and year-ago period CLEVELAND, Oct. 20, 2022 /PRNewswire/ -- KeyCorp (NYSE:KEY) today announced net income from continuing operations attributable to Key common shareholders of $513 million, or $.55 per diluted common share for the third quarter of 2022. This compared to $504 million, or $.54 per diluted common share, for the second quarter of 2022 and $616 million, or $.65 per diluted common share, for the third quarter of 2021. Key's r
- KEYCORP TO PRESENT AT THE BARCLAYS GLOBAL FINANCIAL SERVICES CONFERENCECLEVELAND, Aug. 26, 2022 /PRNewswire/ -- KeyCorp (NYSE:KEY) announced today that Chris Gorman, Chairman and Chief Executive Officer, and Don Kimble, Vice Chairman and Chief Financial Officer, will present at the Barclays Global Financial Services Conference on Monday, September 12, 2022, at 2:00 p.m. ET. KeyCorp plans to review its performance, strategy, and outlook. The live audio webcast of the conference call and presentation materials will be available at www.key.com/ir. If you are unable to join the live conference call, or wish to hear a re-broadcast, access www.key.com/
- KEYCORP ANNOUNCES 2023 QUARTERLY EARNINGS CONFERENCE CALL DATESCLEVELAND, Aug. 18, 2022 /PRNewswire/ -- KeyCorp (NYSE:KEY) today announced plans to host conference calls to review quarterly financial results on the following dates: Fourth quarter 2022 – Thursday, January 19th at 10:00am ETFirst quarter 2023 – Thursday, April 20th at 10:00am ETSecond quarter 2023 – Thursday, July 20th at 10:00am ETThird quarter 2023 – Thursday, October 19th at 10:00am ETThe financial results are scheduled to be released before the market opens on the dates noted above, and the live audio webcast of the conference call and presentation materials will be available at www.key.com/ir. Dial-in information will be provided at a later date. If you are unable to join any of the
- KEYCORP REPORTS SECOND QUARTER 2022 NET INCOME OF $504 MILLION, OR $.54 PER DILUTED COMMON SHAREPositive operating leverage compared to the prior quarter and year-ago period Revenue up 6% from the prior quarter, driven by growth in net interest income Strong loan growth across commercial and consumer businesses Credit quality remains strong with net charge-offs to average loans of 16 basis points Expanded Laurel Road's offering for healthcare professionals and completed acquisition of GradFin CLEVELAND, July 21, 2022 /PRNewswire/ -- KeyCorp (NYSE:KEY) today announced net income from continuing operations attributable to Key common shareholders of $504 million, or $.54 per diluted common share for the second quarter of 2022. This compared to $420 million, or $.45 per diluted common sh
- KEYCORP TO PRESENT AT THE MORGAN STANLEY US FINANCIALS, PAYMENTS & CRE CONFERENCECLEVELAND, May 24, 2022 /PRNewswire/ -- KeyCorp (NYSE:KEY) announced today that Chris Gorman, Chairman and Chief Executive Officer, and Don Kimble, Vice Chairman and Chief Financial Officer, will present at the Morgan Stanley US Financials, Payments & CRE Conference in New York City on Monday, June 13, 2022, at 1:45 p.m. ET. KeyCorp plans to review its performance, strategy, and outlook. The live audio webcast of the conference call and presentation materials will be available at www.key.com/ir. If you are unable to join the live conference call, or wish to hear a re-broadcast, access www.key.com/ir and select Events & Presentations. KeyCorp's roots trace nearly 200 years to Albany, New York
- KEYCORP REPORTS FIRST QUARTER 2022 NET INCOME OF $420 MILLION, OR $.45 PER DILUTED COMMON SHAREStrong 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 continuing operations attributable to Key common shareholders of $420 million, or $.45 per diluted common share for the first quarter of 2022. This compared to $601 million, or $.64 per diluted common share, for the fourth quarter of 2021 and $591 million, or $
- KEYCORP REPORTS FOURTH QUARTER 2021 NET INCOME OF $601 MILLION, OR $.64 PER DILUTED COMMON SHARECLEVELAND, Jan. 20, 2022 /PRNewswire/ -- KeyCorp (NYSE:KEY) today announced net income from continuing operations attributable to Key common shareholders of $601 million, or $.64 per diluted common share for the fourth quarter of 2021. This compared to $616 million, or $.65 per diluted common share, for the third quarter of 2021 and $549 million, or $.56 per diluted common share, for the fourth quarter of 2020. Our fourth quarter results marked a strong finish to a record year for Key. Leveraging our distinctive business model, we continue to add and deepen relationships with clients across both our consumer and commercial businesses. We are also seeing significant momentum from recent inves
- KeyCorp Announces 2022 Quarterly Earnings Conference Call DatesCLEVELAND, Jan. 11, 2022 /PRNewswire/ -- KeyCorp (NYSE:KEY) today announced plans to host conference calls to review quarterly financial results on the following dates: Fourth quarter 2021 – Thursday, January 20th at 8:00am ET (no change from previous announcement) First quarter 2022 – Thursday, April 21st at 8:00am ET Second quarter 2022 – Thursday, July 21st at 8:00am ET Third quarter 2022 – Thursday, October 20th at 8:00am ETThe financial results are scheduled to be released before the market opens on the dates noted above, and the live audio webcast of the conference call and presentation materials will be available at www.key.com/ir. Dial-in information will be provided at a later date.
- DMC Global to Acquire 60% Controlling Interest in Arcadia Inc.Addition of Leading Architectural Building Products Manufacturer to Significantly Expand DMC's Addressable Market Acquisition Expected to be Accretive to Earnings in 2022;Will Double DMC's Consolidated Annual Sales to Nearly $500 Million, Enhance Gross Margin BROOMFIELD, Colo., Dec. 17, 2021 (GLOBE NEWSWIRE) -- DMC Global Inc. (NASDAQ:BOOM), a diversified holding company, has signed a definitive agreement to acquire a 60% controlling interest in privately held Arcadia Inc. for $282.5 million in cash and DMC stock. Arcadia is a leading U.S. supplier of architectural building products, which include exterior and interior framing systems for low and mid-rise commercial buildings, windows,
- KeyCorp To Present At The Goldman Sachs U.S. Financial Services Conference 2021CLEVELAND, Nov. 23, 2021 /PRNewswire/ -- KeyCorp (NYSE:KEY) announced today that Chris Gorman, Chairman and Chief Executive Officer, and Don Kimble, Vice Chairman and Chief Financial Officer, will present at the Goldman Sachs U.S. Financial Services Conference on Tuesday, December 7, 2021, at 10:40 a.m. ET in New York City. KeyCorp plans to review its performance, strategy, and outlook. The live audio webcast of the conference call and presentation materials will be available at www.key.com/ir. If you are unable to join the live conference call, or wish to hear a re-broadcast, access www.key.com/ir and select Events & Presentations. KeyCorp's roots trace nearly 200 years to Albany, New Yor
- KeyCorp Fourth Quarter 2021 Earnings Release Date And Conference CallCLEVELAND, Nov. 12, 2021 /PRNewswire/ -- KeyCorp (NYSE: KEY) will announce fourth quarter 2021 earnings on Thursday, January 20, 2022, before the market opens. A conference call will be held at 8:00 a.m. ET to review financial results, strategy, and outlook. The live audio webcast of the conference call and presentation materials will be available at www.key.com/ir. If you are unable to join the live conference call, or wish to hear a re-broadcast, access www.key.com/ir and select Quarterly Earnings Results. KeyCorp's roots trace nearly 200 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation's largest bank-based financial services companies, with assets of
- KeyCorp To Present At The BancAnalysts Association Of Boston ConferenceCLEVELAND, Oct. 26, 2021 /PRNewswire/ -- KeyCorp (NYSE:KEY) announced today that Victor Alexander, Head of Consumer Banking, Jamie Warder, Head of Digital, and Don Kimble, Chief Financial Officer, will present at the BancAnalysts Association of Boston Conference on Thursday, November 4, 2021, at 9:40 a.m. ET in Boston, Massachusetts. KeyCorp plans to review its performance, strategy and outlook. The live audio webcast of the conference call and presentation materials will be available at www.key.com/ir. If you are unable to join the live conference call, or wish to hear a re-broadcast, access www.key.com/ir and select Events & Presentations. KeyCorp's roots trace nearly 200 years to Albany,
- KeyCorp Reports Third Quarter 2021 Net Income Of $616 Million, Or $.65 Per Diluted Common ShareCLEVELAND, Oct. 21, 2021 /PRNewswire/ -- KeyCorp (NYSE:KEY) today announced net income from continuing operations attributable to Key common shareholders of $616 million, or $.65 per diluted common share for the third quarter of 2021. This compared to $698 million, or $.72 per diluted common share, for the second quarter of 2021 and $397 million, or $.41 per diluted common share, for the third quarter of 2020. Our results this quarter continue to reflect the strength of our distinctive business model, strong risk management practices, and significant momentum from recent investments in teammates and digital capabilities. We delivered positive operating leverage with record third quarter re
- KeyCorp To Present At The Barclays Global Financial Services Virtual ConferenceCLEVELAND, Aug. 25, 2021 /PRNewswire/ -- KeyCorp (NYSE:KEY) announced today that Chairman and Chief Executive Officer Chris Gorman and Vice Chairman and Chief Financial Officer Don Kimble will present at the virtual Barclays Global Financial Services Conference on Monday, September 13, 2021, at 12:00 p.m. ET. KeyCorp plans to review its performance, strategy, and outlook. The live audio webcast of the conference call and presentation materials will be available at www.key.com/ir. If you are unable to join the live conference call, or wish to hear a re-broadcast, access www.key.com/ir and select Presentations & Webcasts. KeyCorp's roots trace nearly 200 years to Albany, New York. Headquarter
- KeyCorp Third Quarter 2021 Earnings Release Date And Conference CallCLEVELAND, Aug. 5, 2021 /PRNewswire/ -- KeyCorp (NYSE:KEY) will announce third quarter 2021 earnings on Thursday, October 21, 2021, before the market opens. A conference call will be held at 10:00 a.m. ET to review financial results, strategy, and outlook. The live audio webcast of the conference call and presentation materials will be available at www.key.com/ir. If you are unable to join the live conference call, or wish to hear a re-broadcast, access www.key.com/ir and select Quarterly Earnings Results. KeyCorp's roots trace nearly 200 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation's largest bank-based financial services companies, with assets of a
- KeyCorp Reports Record Second Quarter 2021 Net Income Of $698 Million, Or $.72 Per Diluted Common ShareCLEVELAND, July 20, 2021 /PRNewswire/ -- KeyCorp (NYSE:KEY) today announced net income from continuing operations attributable to Key common shareholders of $698 million, or $.72 per diluted common share for the second quarter of 2021. This compared to $591 million, or $.61 per diluted common share, for the first quarter of 2021 and $159 million, or $.16 per diluted common share, for the second quarter of 2020. Our results this quarter reflect the success of our productive, client-centric team, strong risk management practices, and momentum from recent investments in both our teammates and digital capabilities. We generated record second quarter revenue, driven by growth in both our commer