KEYCORP REPORTS FIRST QUARTER 2024 NET INCOME OF $183 MILLION, OR $.20 PER DILUTED COMMON SHARE, WITH $.02 IMPACT FROM THE FDIC SPECIAL ASSESSMENT(a)
KEYKeyp(KEY) Prnewswire·2024-04-18 18:30

Noninterest income up 6% year-over-year and linked quarter, driven by strength in investment banking and debt placement fees Continued to strengthen the balance sheet by reducing reliance on wholesale funding and higher cost brokered deposits Common Equity Tier 1 ratio increased 120 basis points year-over-year to 10.3%(b) Credit costs remain low: net loan charge-offs to average loans of 29 basis points CLEVELAND, April 18, 2024 /PRNewswire/ -- KeyCorp (NYSE: KEY) today announced net income from continuing ...