KeyCorp (KEY) Tops Q2 EPS by 3c
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KEYCORP REPORTS SECOND QUARTER 2022 NET INCOME OF $504 MILLION, OR $.54 PER DILUTED COMMON SHARE
July 21, 2022 6:30 AM EDTPositive operating leverage compared to the prior quarter and year-ago period
Revenue up 6% from the prior quarter, driven by growth in net interest income
Strong loan growth across commercial and consumer businesses
Credit quality remains strong with net charge-offs to average loans of 16 basis points
Expanded Laurel Road's offering for healthcare professionals and completed acquisition of GradFin
CLEVELAND, July 21, 2022 /PRNewswire/ -- KeyCorp (NYSE:... More
