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

KeyCorp Q1 2026 net income rises 33% to $486 million, or $0.44 per diluted share

Positive Impact 3 of 5 earnings Written later

KeyCorp reported first-quarter 2026 net income from continuing operations attributable to common shareholders of $486 million, or $0.44 per diluted share, up from $370 million, or $0.33, a year earlier. Total revenue rose 10.2% year over year to $1.95 billion, but fell 2.6% from the fourth quarter of 2025. The bank also repurchased $389 million of common shares during the quarter, reducing shares outstanding.

Key points

  • Net income $486 million ($0.44 per diluted share) for Q1 2026, versus $370 million ($0.33) in Q1 2025 and $474 million ($0.43) in Q4 2025
  • Total revenue (taxable-equivalent) of $1.95 billion, up 10.2% year over year and down 2.6% from Q4 2025
  • Repurchased $389 million of common shares; estimated Common Equity Tier 1 ratio of 11.4% at March 31, 2026, versus 11.8% at December 31, 2025
  • Net loan charge-offs of $101 million (0.38% of average total loans), down from $110 million a year earlier

The filing

CompanyKeyCorp (KEY)
Form8-K, current report
Filed with the SECApr 16, 2026, 6:32 AM ET
Accession number0000091576-26-000013

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 April 16, 2026.

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.