KeyCorp ( (KEY) ) has released its Q2 earnings. Here is a breakdown of the information KeyCorp presented to its investors.
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KeyCorp, headquartered in Cleveland, Ohio, is a prominent bank-based financial services company offering a wide range of financial products and services, including deposit, lending, cash management, and investment services across the United States. In its second quarter of 2025 earnings report, KeyCorp announced a net income of $387 million, translating to $0.35 per diluted common share, marking a significant improvement from the previous year. The company’s revenue reached $1.8 billion, a 21% increase year-over-year, driven by a 4% rise in net interest income and an 8 basis point increase in net interest margin. KeyCorp’s commercial loans saw a $3.3 billion increase year-to-date, while net charge-offs declined by 8% quarter-over-quarter, indicating improved credit quality. The company also reported a record $64 billion in assets under management and a high level of investment banking activity. Looking ahead, KeyCorp’s management remains optimistic about its growth prospects, emphasizing continued investments in technology and personnel to drive future expansion.