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Jun 30, 2021
KeyCorp Q2 2021 Earnings Report
Reported record net income and increased noninterest income.
Key Takeaways
KeyCorp reported a record second quarter net income of $698 million, or $0.72 per diluted common share. The results were driven by an 8% year-over-year increase in noninterest income and strong consumer originations.
Record second quarter revenue, driven by an 8% year-over-year increase in noninterest income
Investment banking and debt placement fees up 39% from year-ago period
Strong consumer originations: over $4.0 billion in consumer mortgage and Laurel Road originations
Announced new common share repurchase authorization of up to $1.5 billion
KeyCorp
KeyCorp
KeyCorp Revenue by Segment
Forward Guidance
KeyCorp did not provide specific forward guidance in this earnings report.
Revenue & Expenses
Visualization of income flow from segment revenue to net income