Every material Form 8-K KeyCorp filed with the SEC in 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
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
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
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
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.
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.
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
KeyCorp said its Chief Information Officer, Amy G. Brady, will resign effective March 2, 2026, citing personal health considerations. Under a transition letter, she will remain a non-executive employee through May 31, 2026 to help hand off her duties, and she will receive salary continuation, benefits, and a 2026 incentive award eligibility, subject to a general release of claims.
Amy G. Brady informed KeyCorp of her resignation as CIO on February 24, 2026, effective March 2, 2026.
Brady stays employed as a non-executive employee through the Termination Date of May 31, 2026, to assist the transition.
She will get salary continuation and health and welfare benefits for one year after the Termination Date, conditioned on a general release.
She remains eligible for a 2026 incentive award and continues to vest in a Capital and Earnings Improvement Award granted December 30, 2024.
KeyCorp reported fourth-quarter 2025 net income of $474 million, or $0.43 per diluted share, up from $454 million, or $0.41, in the third quarter, and full-year revenue of $7.5 billion, a record that rose 16% year-over-year adjusted for selected items. The company repurchased $200 million of common shares in the quarter and announced board changes, including two director retirements, two director nominees and a new lead independent director. The results and capital return support per-share earnings for shareholders, while the board changes affect governance rather than operations.
Q4 2025 net income from continuing operations was $474 million, or $0.43 per diluted share, versus $454 million, or $0.41, in Q3 2025
Q4 2025 total revenue was $2.0 billion, up from $1.9 billion in Q3 2025; full-year 2025 revenue was a record $7.5 billion
KeyCorp repurchased $200 million of common shares in Q4 2025; Common Equity Tier 1 ratio was an estimated 11.7% at December 31, 2025
Directors Ruth Ann Gillis and Carlton Highsmith will retire after the 2026 Annual Meeting; Tony DeSpirito and Chris Henson are nominees, and Todd Vasos was named Lead Independent Director
KeyCorp disclosed that director David K. Wilson retired from its Board of Directors for personal health reasons, effective immediately, after informing the company on January 13, 2026. The Board reduced its size to 14 members, effective January 15, 2026. The filing contains no financial results or operational changes, so the event is administrative for shareholders.
David K. Wilson informed KeyCorp of his retirement on January 13, 2026, citing personal health reasons
Retirement from the Board was effective immediately
Board size reduced to 14 members, effective January 15, 2026
Filing does not disclose a replacement director or any financial impact
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