Keyp(KEY) - 2024 Q2 - Quarterly Results
KEYKeyp(KEY)2024-07-18 18:46

KEYCORP REPORTS SECOND QUARTER 2024 NET INCOME OF $237 MILLION, OR $.25 PER DILUTED COMMON SHARE Average deposits up $1.3 billion compared to the prior quarter and the second quarter of 2023, with client deposits up 5% year-over-year Disciplined expense management: expenses declined approximately 6% from the prior quarter and were stable versus the year-ago period Common Equity Tier 1 ratio rose 20 basis points to 10.5% (a) Credit quality remains solid: net charge-offs to average loans of 34 basis points CL ...