Earnings ·
KeyCorp reports Q3 net income of $537M, or $0.51 per diluted share
KEYKeycorp
KeyCorp announced third-quarter 2026 financial results on October 20, reporting net income attributable to common shareholders of $537 million, or $0.51 per diluted share, a 24% increase year-over-year from $454 million. Revenue reached a record $2.04 billion, up 8% annually and 4% sequentially, driven by a 9.8% rise in net interest income to $1.3 billion and a 6% increase in noninterest income. The company declared a quarterly cash dividend of $0.205 per common share and repurchased $320 million of its own stock during the quarter. KeyCorp also reported a Common Equity Tier 1 ratio of 11.1% and net charge-offs of $89 million, or 0.32% of average loans. KeyCorp operates as a bank holding company providing commercial banking, consumer banking, wealth management, and investment banking services.