KeyCorp (NYSE: KEY) reported second quarter 2023 earnings results today.
Total revenue decreased 11% year-over-year to $1.59 billion.
Net income attributable to Key common shareholders was $251 million, or $0.27 per share, compared to $507 million, or $0.54 per share, last year.
Net interest income fell 11% YoY to $986 million.
Non-interest income decreased 11.5% YoY to $609 million.
Average loans increased 11% YoY to $120.7 billion.
Average deposits declined 3% YoY to $142.9 billion.