Inferra AI / Company / KEY
KeyCorp
KEY · Financials
Last earnings Oct 20, 2026
Key results
Net incomequarter
$454 MILLION
htm EX-99.1 Document KEYCORP REPORTS THIRD QUARTER 2025 NET INCOME OF $454 MILLION, OR $.
SEC original ↗KeyCorp — Earnings release (8-K exhibit)EX-99Oct 16, 2025
DILUTED COMMON SHARE revenuequarter
$1.9 billion
PER DILUTED COMMON SHARE Revenue 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
SEC original ↗KeyCorp — Earnings release (8-K exhibit)EX-99Oct 16, 2025
Growthquarter
up 17%
PER DILUTED COMMON SHARE Revenue 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
SEC original ↗KeyCorp — Earnings release (8-K exhibit)EX-99Oct 16, 2025
Adjusted net incomequarter
$450 million
41 per diluted common share, or adjusted net income of $450 million, or $.
SEC original ↗KeyCorp — Earnings release (8-K exhibit)EX-99Oct 16, 2025
For the second quarter of 2025, net income from continuing operations attributable to Key common shareholders was $387 million, or $.
SEC original ↗KeyCorp — Earnings release (8-K exhibit)EX-99Oct 16, 2025
47) per diluted common share, or adjusted net income of $285 million, or $.
SEC original ↗KeyCorp — Earnings release (8-K exhibit)EX-99Oct 16, 2025
Adjusted revenuequarter
17%
Adjusted revenue (a) was up 17% year-over-year, and we generated more than 1,000 basis points of operating leverage again this quarter.
SEC original ↗KeyCorp — Earnings release (8-K exhibit)EX-99Oct 16, 2025
Revenuequarter
8%
Revenue growth was driven by our clearly defined net interest income tailwinds and adjusted noninterest income (a) growth of 8%, which continues to grow faster than expenses.
SEC original ↗KeyCorp — Earnings release (8-K exhibit)EX-99Oct 16, 2025
N M Total revenuequarter
3.7 %
3Q25 2Q25 3Q24 2Q25 3Q24 Net interest income (TE) $ 1,193 $ 1,150 $ 964 3.7 % 23.8 % Noninterest income 702 690 (269) 1.7 N M Total revenue (TE) $ 1,895 $ 1,840 $ 695 3.0 % 172.7 % TE Taxable Equivalent Taxable-equivalent net interest income was $1.19 billion for the third quarter of 2025 and the net interest margin was 2.75%.
SEC original ↗KeyCorp — Earnings release (8-K exhibit)EX-99Oct 16, 2025
AI analysis
Q3 2025 · reported Oct 16, 2025
Based on: Earnings release + Q3 2025 deck + parent 8-K + 10-Q — transcript not held
Headline figures
| Metric | Q3 2025 | Prior qtr | Year ago |
|---|---|---|---|
| Net income | $454 MILLION | — | — |
| DILUTED COMMON SHARE revenue | $1.9 billion | — | — |
| Growth | up 17% | — | — |
| Adjusted net income | $450 million | — | — |
| Adjusted revenue | 17% | — | — |
| Revenue | 8% | — | — |
| N M Total revenue | 3.7 % | — | — |
Guidance · company-stated
No guidance located in the held release
Capital allocation
Investment banking and debt placement fees recorded the second best year-to-date performance in our history.
Event summary
Comments from Chairman and CEO, Chris Gorman Our third quarter results demonstrate continued strong momentum
Based on: Earnings release + Q3 2025 deck + parent 8-K + 10-Q — transcript not held
Guidance & outlook
No guidance located in the held release
Capital allocation
Investment banking and debt placement fees recorded the second best year-to-date performance in our history.
SEC original ↗KeyCorp — Earnings release (8-K exhibit)EX-99Oct 16, 2025
Additionally, the balance sheet composition shifted to reflect a more favorable mix of higher-yielding commercial and industrial loans, and an improved funding mix as lower-cost deposits increased while wholesale borrowings declined.
SEC original ↗KeyCorp — Earnings release (8-K exhibit)EX-99Oct 16, 2025
These increases were driven by an improved funding mix as low-cost core deposits increased while wholesale borrowings declined, the redeployment of maturing low-yielding investments and swaps into higher-yielding investments, and growth in commercial and industrial loans.
SEC original ↗KeyCorp — Earnings release (8-K exhibit)EX-99Oct 16, 2025
Additional drivers include a $13 million increase in investment banking and debt placement fees reflecting higher debt and equity issuance activity, and a $10 million increase in trust and investment services income.
SEC original ↗KeyCorp — Earnings release (8-K exhibit)EX-99Oct 16, 2025
The increase was driven by continued momentum across our priority fee based businesses which included a $6 million increase in investment banking and debt placement fees, a $4 million increase in trust and investment services income, and a $3 million increase in commercial mortgage servicing fees.
SEC original ↗KeyCorp — Earnings release (8-K exhibit)EX-99Oct 16, 2025
3Q25 2Q25 3Q24 2Q25 3Q24 Shares outstanding at beginning of period 1,112,453 1,111,986 943,200 % 17.9 % Shares issued under employee compensation plans (net of cancellations and returns) 499 467 222 6.9 124.8 Shares issued under Scotiabank investment agreement 47,829 N M Shares outstanding at end of period 1,112,952 1,112,453 991,251 % 12.3 % Key declared a dividend on July 15, 2025 of $.
SEC original ↗KeyCorp — Earnings release (8-K exhibit)EX-99Oct 16, 2025
Strategy & priorities
The increase was primarily driven by the impact of a $918 million loss on the sale of securities as part of the strategic repositioning of the portfolio in the third quarter of 2024.
SEC original ↗KeyCorp — Earnings release (8-K exhibit)EX-99Oct 16, 2025
The increase was driven by continued momentum across our priority fee based businesses which included a $6 million increase in investment banking and debt placement fees, a $4 million increase in trust and investment services income, and a $3 million increase in commercial mortgage servicing fees.
SEC original ↗KeyCorp — Earnings release (8-K exhibit)EX-99Oct 16, 2025
htm EX-99.2 a3q25confcallslidesvf KeyCorp Third Quarter 2025 Earnings Review October 16, 2025 Chris Gorman Chairman and Chief Executive Officer Clark Khayat Chief Financial Officer 3Q25 Results +8% Noninterest Income Growth YoY(1) $68Bn Assets Under Management(2), up 11% YoY Differentiated Fee Businesses Focused on Targeted Scale +2% Client Deposits YoY and Net New Relationship Household Growth(3) Strong Client Growth and Relationship Depth Balance Sheet Management from a Position of Strength Risk Management Excellence 63bps NPAs / Loans + OREO 42bps NCOs / Average Loans 2 (1) Reflects comparison of adjusted metrics.
SEC original ↗KeyCorp — Presentation / slide deck (8-K exhibit)EX-99Oct 16, 2025
Forward-looking statements are typically identified by words such as believe, seek, expect, anticipate, intend, target, estimate, continue, positions, plan, predict, project, forecast, guidance, goal, objective, prospects, possible, potential, strategy, opportunities, or trends, by future conditional verbs such as assume, will, would, should, could or may , or by variations of such words or by similar expressions.
SEC original ↗KeyCorp — Presentation / slide deck (8-K exhibit)EX-99Oct 16, 2025
In addition, no assurance can be given that any plan, initiative, projection, goal, commitment, expectation, or prospect set forth in this report 5 Table of contents can or will be achieved.
SEC original ↗KeyCorp — 10-Q Quarterly report10-QAug 4, 2026
Risks & headwinds
Forward-looking statements, by their nature, are subject to assumptions, risks and uncertainties, many of which are outside of our control.
SEC original ↗KeyCorp — Earnings release (8-K exhibit)EX-99Oct 16, 2025
There is no assurance that any list of risks and uncertainties or risk factors is complete.
SEC original ↗KeyCorp — Earnings release (8-K exhibit)EX-99Oct 16, 2025
These forward-looking statements are based on assumptions that involve risks and uncertainties, which are subject to change based on various important factors (some of which are beyond KeyCorp s control).
SEC original ↗KeyCorp — Presentation / slide deck (8-K exhibit)EX-99Oct 16, 2025
Legal Proceedings 86 Item 1A.
SEC original ↗KeyCorp — 10-Q Quarterly report10-QAug 4, 2026
Forward-looking statements, by their nature, are subject to assumptions, risks, and uncertainties, many of which are outside of our control.
SEC original ↗KeyCorp — 10-Q Quarterly report10-QAug 4, 2026
and global financial system and markets, including the impact of inflation, tariffs or other trade policies, political instability, a prolonged shutdown of the U.
SEC original ↗KeyCorp — 10-Q Quarterly report10-QAug 4, 2026
Earnings deck slides
0 decks with slide viewKeyCorp — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
KeyCorp — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
KeyCorp — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
KeyCorp — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
KeyCorp — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
KeyCorp — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
KeyCorp — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
KeyCorp — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Competitors
Competitors & peers
Same GICS sector — classification peers, not declared competitors
Filings
27 documents- Q3 2026
- 8-KKEY
Oct 20, 2026
- Q2 2026
- 8-KKEY
Sep 25, 2026
- 8-KKEY
Sep 14, 2026
- 8-KKEY
Aug 14, 2026
- 10-QKEY
Aug 4, 2026
- 8-KKEY
Jul 21, 2026
- Q1 2026
- 8-KKEY
Jun 10, 2026
- 8-KKEY
Jun 3, 2026
- 8-KKEY
May 29, 2026
- 8-KKEY
May 14, 2026
- EX-99KEY
May 14, 2026
- 10-QKEY
May 5, 2026
- 8-KKEY
Apr 16, 2026
- Q4 2025
- 8-KKEY
Mar 2, 2026
- 10-KKEY
Feb 23, 2026
- 8-KKEY
Feb 9, 2026
- 8-KKEY
Jan 28, 2026
- 8-KKEY
Jan 20, 2026
- EX-99KEY
Jan 20, 2026
- 8-KKEY
Jan 16, 2026
- Q3 2025
- 8-KKEY
Dec 23, 2025
- 8-KKEY
Dec 9, 2025
- 8-KKEY
Nov 25, 2025
- 8-KKEY
Nov 5, 2025
- 10-QKEY
Nov 4, 2025
- 8-KKEY
Oct 16, 2025
- Q2 2025
- 8-KKEY
Sep 26, 2025
Earnings releases
12 documentsPresentations
8 documents
Transcripts
0 documentsNo transcripts for KeyCorp are held in this edition of the library.
Mentioned by
7 companiesOther tracked companies whose held documents mention KeyCorp by name or ticker. A mention is counted once per document, from the document text the library holds.
“ng of the Private Securities Litigation Reform Act of 1995 including, but not limited to, KeyCorp’s expectations or predictions of future financial… … 6 3Q26 Interest-Bearing Mix Reflects average deposits Net Interest Income Growth and ”
Monolithic Power Systems (MPWR)
“ng of the Private Securities Litigation Reform Act of 1995 including, but not limited to, KeyCorp’s expectations or predictions of future financial… …Maintained peer leading capital position • Received a credit ratings upgrade from Fitch and a Positi”
“ng of the Private Securities Litigation Reform Act of 1995 including, but not limited to, KeyCorp’s expectations or predictions of future financial… … Items Impact on Earnings"; (5) Reflects the estimated full year taxable-equivalent adjustment 2026 ”
“ng of the Private Securities Litigation Reform Act of 1995 including, but not limited to, KeyCorp’s expectations or predictions of future financial… … Items Impact on Earnings"; (5) Reflects the estimated full year taxable-equivalent adjustment 2026 ”
“ to assess parent company liquidity.… …Collateralized mortgage obligation. Common Shares: KeyCorp common shares, $1 par value. DCF: Discounted cash flow. DIF: Deposit Insurance Fund of the FDIC. Dodd-Frank Act: Dodd-Frank Wall Street Reform and Consu”
“ng of the Private Securities Litigation Reform Act of 1995 including, but not limited to, KeyCorp’s expectations or predictions of future financial… …Maintained peer leading capital position ▪ Received a credit ratings upgrade from Fitch and a Positi”
“rtificial intelligence, data and digital-first solutions. He also serves on the boards of KeyCorp and Persado. Khanna brings…”
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