KEYCORP /NEW/ is expected to release its Q2 2026 10-Q filing in the upcoming earnings season. Last quarter: KeyCorp (KEY) delivered strong Q1 FY2026 results with revenue rising 10.2% YoY to $1.95B and net income surging 28.9% to $522M, reflecting improved profitability despite negative operating cash flow.
Drawn from management commentary in the Q1 2026 10-Q:
Total revenue increased 10.2% year-over-year to $1.95B in Q1 FY2026 from $1.77B in the prior-year period, signaling a meaningful recovery in KeyCorp's top-line performance likely driven by higher net interest income and fee-based revenues in a still-elevated rate environment.
Net income grew 28.9% YoY to $522M, with diluted EPS rising 33.3% to $0.44 from $0.33, outpacing revenue growth and indicating meaningful operating leverage and improved efficiency across the bank's business lines.
Total assets remained essentially flat at $188.7B while long-term debt declined 12.2% YoY to $10.9B from $12.4B, suggesting active liability management and a strengthening balance sheet structure.
Revenue
$1.95B
++10.15% YoY
EPS (Basic)
$0.45
++32.35% YoY
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