KeyCorp Q1 2022 Earnings Report
Key Takeaways
KeyCorp reported a net income of $420 million, or $.45 per diluted common share, for Q1 2022. The results reflect strong loan growth, record loan originations from Laurel Road, and strong credit quality. However, noninterest income was adversely impacted by market conditions.
Strong loan growth driven by consumer and commercial businesses.
Record loan originations from Laurel Road.
Net interest income reflects strong loan growth and liquidity deployment.
Credit quality remains strong with net charge-offs to average loans of 13 basis points.
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KeyCorp Revenue by Segment
Forward Guidance
This earnings release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements do not relate strictly to historical or current facts.
Revenue & Expenses
Visualization of income flow from segment revenue to net income