Quarterly ResultApr 16, 2026, 06:41 AM
KeyCorp Q1 2026 Net Income Jumps 33% to $486M, EPS $0.44
AI Summary
KeyCorp reported strong first-quarter 2026 results, with net income rising 33% year-over-year to $486 million, or $0.44 per diluted common share. Revenue increased 10% to $1.95 billion, driven by an 11% rise in net interest income and 8% growth in noninterest income. The company also repurchased $389 million of common shares and maintained a strong Common Equity Tier 1 ratio of 11.4%.
Key Highlights
- Net income for Q1 2026 was $486 million, up 33% year-over-year.
- Diluted EPS was $0.44, a 33% increase compared to Q1 2025.
- Revenue reached $1.95 billion, growing 10% year-over-year.
- Net interest income increased 11% year-over-year and 1% quarter-over-quarter.
- Repurchased $389 million of common shares during the quarter.