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Sep 30, 2022
KeyCorp Q3 2022 Earnings Report
Reported net income of $513 million, or $.55 per diluted common share for the third quarter of 2022.
Key Takeaways
KeyCorp reported a net income of $513 million, or $.55 per diluted common share, for Q3 2022. Revenue increased from the previous quarter and year-ago period, driven by loan growth in commercial and consumer businesses. Credit quality remained strong, and the company achieved positive operating leverage.
Net income from continuing operations attributable to Key common shareholders was $513 million, or $.55 per diluted common share.
Revenue increased from the prior quarter and year-ago period.
Continued loan growth was driven by commercial and consumer businesses.
Strong credit quality was maintained, with net charge-offs to average loans of 15 basis points.
Revenue by Segment
Forward Guidance
No forward guidance was provided in the earnings report.
Revenue & Expenses
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Historical Earnings Impact
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Avg. Return Before/After Earnings
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