
• Reported GAAP EPS of $0.45 up 32.35% YoY • Reported revenue of $1.95B up 10.26% YoY • Keycorp is well positioned to drive strong revenue and earnings growth in 2026 through continued delivery of differentiated capabilities and exceptional service to its clients.
Bullish
Keycorp achieved strong Q1 2026 net income growth of 33% year-over-year, with revenue up 10% and net interest margin expanding. The company also saw period-end loan growth and repurchased $389M of common shares.
Bearish
Keycorp experienced a $3.4B sequential decline in average deposits and a $59M decrease in noninterest income quarter-over-quarter, driven by lower investment banking fees. The Common Equity Tier 1 ratio also decreased to 11.4%.