KeyCorp (NYSE: KEY), a provider of retail and commercial banking services, announced financial results for the fourth quarter of fiscal 2025.
- Net income from continuing operations was $474 million or $0.43 per share in Q4, compared to a loss of $279 million or $0.28 per share last year
- Adjusted net income rose to $458 million or $0.41 per share from $378 million or $0.38 per share in Q4 2024
- Fourth-quarter revenue increased sharply to $2.0 billion from $865 million in the year-ago period
- Book value at period end was $16.27, compared to $14.21 in the fourth quarter of last year
- Return on average tangible common equity was 12.43% in the December quarter; return on average total assets came in at 1.08%
- Average deposits totaled $150.7 billion in the fourth quarter, vs. $149.7 billion in the year-ago quarter
- Provision for credit losses for the quarter was $108 million, compared to $39 million in the prior-year quarter
