AI brief of an SEC Form 8-K · KeyCorp (KEY)

KeyCorp Q3 net income rises to $454 million, or $0.41 a diluted share

Positive Impact 3 of 5 earnings Written later

KeyCorp reported third-quarter 2025 net income from continuing operations attributable to common shareholders of $454 million, or $0.41 per diluted share, up from $387 million, or $0.35, in the second quarter. Total revenue was $1.9 billion, up 3.0% from the prior quarter, and book value per share rose to $15.86 at September 30, 2025. The third quarter of 2024 had a net loss of $447 million that included a securities sale loss, so the year-over-year comparison is distorted.

Key points

  • Net income of $454 million, or $0.41 per diluted share, versus $387 million, or $0.35, in the second quarter of 2025
  • Total revenue of $1.9 billion, up 3.0% from the second quarter; net interest margin of 2.75%, up 9 basis points
  • Net loan charge-offs of $114 million, or 0.42% of average total loans; nonperforming assets of $668 million, down 5.5% from June 30, 2025
  • Book value per share of $15.86 at September 30, 2025, up from $15.32 at June 30, 2025

The filing

CompanyKeyCorp (KEY)
Form8-K, current report
Filed with the SECOct 16, 2025, 6:30 AM ET
Accession number0000091576-25-000118

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:42 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 16, 2025.

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.