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Jun 30, 2020
KeyCorp Q2 2020 Earnings Report
Net income of $159 million was reported, driven by record revenue and positive momentum in capital markets.
Key Takeaways
KeyCorp reported a net income of $159 million, or $0.16 per diluted common share, for the second quarter of 2020. The results reflect a provision for credit losses of $482 million and were impacted by the COVID-19 pandemic. Record revenue was achieved, driven by strength in fees.
Net income of $159 million, or $.16 per diluted common share
Provision for credit losses of $482 million, exceeding net charge-offs by $386 million
Record revenue, up 17% from prior quarter
Common Equity Tier 1 of 9.1%, within targeted range
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
Historical Earnings Impact
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Avg. Return Before/After Earnings
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