KeyCorp posted a 10% year-over-year revenue increase to $1.95 billion and net income of $486 million in Q1 2026, up 31% from the prior year. Net interest income rose 11% due to lower deposit costs and a favorable loan mix, while noninterest income grew 8%. The bank's credit quality remained strong with low nonperforming assets and net charge-offs. KeyCorp repurchased $389 million in shares and aims for a 15%+ return on tangible common equity by 2027, signaling confidence in continued growth despite economic uncertainties.
KeyCorp announced dividends for the third quarter of 2026, including a $0.205 per share cash dividend for common shareholders payable on September 15, 2026. The company also declared dividends for several series of its preferred stock, with payments ...
A Key Wealth poll reveals that 64% of mass affluent Americans expecting an inheritance are letting this anticipated windfall influence their financial decisions, yet only 34% have confirmed the inheritance with family. This assumption leads over a th...
KeyBank has been named the official retail bank and first founding partner of the Cleveland WNBA, set to debut in 2028. The partnership includes sponsoring the team's membership platform, offering exclusive fan benefits, and collaborating on communit...
In Q2 2026, Baird's Chautauqua International Growth Fund returned +10.39%, trailing the MSCI ACWI ex-U.S. Index's +14.49%. Key detractors included Alibaba and Lululemon, while Recruit and ASML contributed positively. The Global Growth Fund also lagge...
Alterra IOS closed a $400 million refinancing deal led by Truist and KeyBank, using an equity pledge structure instead of traditional mortgages. The financing covers 99 industrial outdoor storage properties across 27 states, totaling 551 acres and 2....
