Nov 2, 4:23 PM ET
KeyCorp issued $1,000,000,000 of 5.889% Fixed-to-Floating Rate Senior Medium Term Notes, Series U, due November 2, 2032, on November 2, 2026, under a registration statement on Form S-3. The filing is a routine debt issuance and includes a legal opinion from Squire Patton Boggs (US) LLP on the validity of the notes.
- Principal amount: $1,000,000,000 in senior medium term notes, Series U
- Interest: 5.889% fixed-to-floating rate; maturity date November 2, 2032
- Issued under Form S-3 registration statement (File No. 333-296536)
- Legal opinion from Squire Patton Boggs (US) LLP filed as Exhibit 5.1
Read the filing on SEC.gov ↗
Oct 20, 6:30 AM ET
KeyCorp reported third quarter 2026 net income from continuing operations attributable to common shareholders of $537 million, or $0.51 per diluted share, up from $454 million, or $0.41, in the third quarter of 2025. Total revenue reached $2.04 billion, up 8% year over year, and net loan charge-offs fell to $89 million from $114 million a year earlier. The company also repurchased $320 million of common shares during the quarter, which supports per-share earnings for shareholders.
- Net income of $537 million, or $0.51 per diluted share, versus $472 million, or $0.44, in the second quarter of 2026
- Total revenue of $2.04 billion, up 8.4% year over year; net interest margin of 2.95%
- Share repurchases of $320 million in the quarter; Common Equity Tier 1 ratio of 11.1% at September 30, 2026 (estimated)
- Nonperforming loans of $618 million at September 30, 2026, down from $809 million at June 30, 2026
Read the filing on SEC.gov ↗
Jul 21, 6:31 AM ET
KeyCorp reported second-quarter 2026 net income from continuing operations of $472 million, or $0.44 per diluted share, up from $387 million and $0.35 a year earlier but down from $486 million in the first quarter. Revenue rose 7% year over year to $1.96 billion, and the company repurchased $341 million of common shares during the quarter.
- Net income of $472 million, or $0.44 per diluted share, versus $387 million, or $0.35, in the second quarter of 2025; first-quarter 2026 net income was $486 million, or $0.44 per diluted share
- Total revenue of $1.96 billion, up 6.7% from the second quarter of 2025; net interest margin of 2.89%
- Repurchased $341 million of common shares; Common Equity Tier 1 ratio of 11.2% at June 30, 2026, which the company describes as estimated
- Nonperforming loans rose to $809 million at June 30, 2026, from $696 million a year earlier
Read the filing on SEC.gov ↗
May 14, 4:02 PM ET
KeyCorp shareholders elected all 14 nominated directors and approved the 2026 Equity Compensation Plan at the May 14, 2026 annual meeting. The company also announced a new share repurchase program of up to $3.0 billion of common shares, which replaces a $1.0 billion authorization that had about $280 million remaining. For shareholders, the buyback is the most significant item, while the new plan raises the annual compensation limit for non-employee directors to $750,000 from $500,000.
- All 14 director nominees were elected at the May 14, 2026 annual meeting.
- The 2026 Equity Compensation Plan was approved; it raises the non-employee director annual limit from $500,000 to $750,000.
- New repurchase authorization of up to $3.0 billion of common shares replaces the $1.0 billion program, which had about $280 million remaining.
- Quarterly common dividend of $0.205 per share is payable June 15, 2026, to holders of record on June 2, 2026.
Read the filing on SEC.gov ↗
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
