Categories Earnings, Finance, LATEST

KeyCorp (KEY) Q3 2019 Earnings Snapshot

— KeyCorp (NYSE: KEY) reported third quarter 2019 earnings of $0.48 per share vs. $0.46 per share expected.

— Revenues grew 1.7% to $1.63 billion vs. $1.64 billion expected.

KeyCorp (KEY) beat earnings estimates for Q3 2019 but missed on revenue

— Taxable equivalent net interest income fell 1.3% to $980 million versus last year.

— Non-interest income grew 6.7% to $650 million versus the prior-year period.

— Average loans totaled $92 billion. Average deposits totaled $110.3 billion.

— KEY shares rose 1.7% following the announcement.  

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