KeyCorp gains after first-quarter profit rises

KeyCorp

16/04/2026 15:07

** Shares of U.S. lender KeyCorp KEY.N up about 2% at $21.94

** Company's Q1 profit rises, helped by an increase in interest income and higher fees from investment banking

** Q1 adjusted income from continuing operations at $486 million, or 44 cents per share, vs $370 million, or 33 cents per share, a year ago

** NII rises 11.3% to $1.23 billion

** Investment banking and debt placement fees rises 12.6% to $197 million during the quarter

** Quarterly total loans grow over 3% to $107.7 billion

** Shares up 6% YTD

 (Reporting by Sanskriti Shekhar in Bengaluru)

 ((Sanskriti.Shekhar@thomsonreuters.com))