KeyCorp (KEY) reported third-quarter 2026 earnings from continuing operations of 51 cents per share, beating the Zacks Consensus Estimate of 46 cents and rising 24.4% from a year earlier. Total revenues (TE) rose 8.3% to a record $2.05 billion, driven by a 9.6% increase in net interest income (NII) to $1.31 billion and a 6% rise in non-interest income to $744 million; the net interest margin expanded 20 basis points to 2.95%. Non-interest expenses increased 5.8% to $1.25 billion, mainly due to higher personnel costs, while the provision for credit losses fell 43% to $61 million. Capital ratios declined year over year, with the CET1 ratio at 11.1% (from 11.8%) and the Tier 1 ratio at 12.3% (from 13.5%), and KEY repurchased $320 million of shares during the quarter. Among major banks, Bank of America's (BAC) adjusted third-quarter earnings of $1.08 per share and JPMorgan's (JPM) $5.75 per share both missed the Zacks Consensus Estimate.
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JPM
▲ Likely positiveJPMorgan Chase
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Financials |
| Industry | Diversified Banks |
| Market cap | $891.9B |
| Close on 10/19/2026 | 333.53 |
| Change that session | -1.82% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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