KeyCorp reported a 22% year-over-year increase in net income from continuing operations to $472 million for Q2 2026, with earnings per share steady at $0.44. Revenue grew 7% to $1.96 billion, supported by a 9% rise in net interest income and a 2 basis point increase in net interest margin to 2.89%. Loan balances rose by $1.2 billion sequentially, led by a 3% increase in commercial and industrial loans. The bank also repurchased $341 million in shares, reflecting confidence in its growth strategy and capital position. KeyCorp's CEO highlighted strong performance in investment banking, commercial payments, and wealth management, and expects to exceed a 15% return on tangible common equity by the end of 2027.
KeyCorp reported strong Q2 results with expanding net interest margins driven by securities portfolio rollover and disciplined deposit pricing. Loan growth is accelerating, especially in business lending, while credit quality remains solid despite so...
KeyCorp is set to report earnings with analysts forecasting a 20% increase in earnings per share to $0.42 and an 8% rise in total revenue to $1.97 billion. The growth is mainly driven by a 10% increase in net interest income, fueled by strong commerc...
