StocksMedium•20 October 2026•
1 min read
KeyCorp Q3 Net Income Jumps 24% to $537 Million on Record Revenue
Key Facts
1KeyCorp reported net income of $537 million, or $0.51 per diluted share, representing a 24% year-over-year increase.
2The company achieved record revenue of $2.04 billion, supported by a 27% sequential increase in investment banking and debt placement fees.
3Net interest margin rose to 2.95%, up 20 basis points year-over-year.
KeyCorp reported net income of $537 million, or $0.51 per diluted share, representing a 24% year-over-year increase for the third quarter of 2026. The company stated in a PR Newswire release that it achieved record revenue of $2.04 billion, bolstered by a 27% sequential increase in investment banking and debt placement fees.
The bank's net interest margin rose to 2.95%, an improvement of 20 basis points compared to the previous year. Regarding market performance, KEY closed at $19.92 on October 19, 2026, having traded between a low of $19.83 and a high of $20 during that session.