KeyCorp (NYSE: KEY), a provider of retail and commercial banking services, has announced financial results for the second quarter of 2024.
- Net income from continuing operations attributable to shareholders decreased to $237 million in Q2 from $250 million in the prior year quarter
- Second-quarter net interest income dropped to $899 million from $986 million in the year-ago quarter
- Total revenue came in at $1.53 billion during the three months, compared to $1.60 billion last year
- On a per-share basis, net profit was $0.25 per share in the June quarter, vs. $0.27 per share a year earlier
- Taxable-equivalent net interest income was $899 million in the second quarter, and the net interest margin was 2.04%
- Average loans were $109.0 billion in the second quarter, a decrease of $11.7 billion from last year, reflective of the company’s planned balance sheet optimization efforts last year
- Average deposits increased by $1.3 billion year-over-year to $144.2 billion during the three months
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Key metrics from Kroger’s (KR) Q3 2025 earnings results
The Kroger Co. (NYSE: KR) reported its third quarter 2025 earnings results today. Total company sales rose to $33.9 billion from $33.6 billion in the same period last year. Identical
Dollar General (DG) Q3 2025 Earnings: Key financials and quarterly highlights
Dollar General Corporation (NYSE: DG) reported its third quarter 2025 earnings results today. Net sales increased 4.6% year-over-year to $10.65 billion. Same-store sales increased 2.5%. Net income was $282.7 million, or
HRL Earnings: All you need to know about Hormel Foods’ Q4 2025 earnings results
Hormel Foods Corporation (NYSE: HRL) reported its fourth quarter 2025 earnings results today. Net sales increased 1.5% year-over-year to $3.18 billion. Organic sales were up 2%. Net loss attributable to Hormel
