Scotiabank says KeyCorp stake to add $77M to Q2 net income [BNN Bloomberg (Canada)]
KeyCorp (KEY)
Last keycorp earnings: 4/16 06:30 am
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Source: BNN Bloomberg
The Canadian bank says the contribution represents its share of KeyCorp's first-quarter net income. Adjusting for the amortization of acquired intangible assets, Scotiabank says its KeyCorp stake is expected to add about $85 million to its adjusted net income. Scotiabank bought a stake in KeyCorp in 2024 in a bid to grow its foothold in the U.S. market. KeyCorp has a network of about 950 branches across 15 states. Scotiabank is expected to report its full second-quarter results on May 27. This report by The Canadian Press was first published April 17, 2026.
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News
- KeyCorp CEO says consumer is in ‘good shape' [CNBC]CNBC
- Watch CNBC's full interview with KeyCorp CEO Chris Gorman [CNBC]CNBC
- KEY Q1 Deep Dive: Commercial Lending and Fee Businesses Drive Strong Start to 2026 [Yahoo! Finance]Yahoo! Finance
- Scotiabank expects ~$56M contribution from KeyCorp's Q1 earnings [Seeking Alpha]Seeking Alpha
- Scotiabank says KeyCorp stake to add $77M to Q2 net income [Yahoo! Finance Canada]Yahoo! Finance Canada
KEY
Earnings
- 4/16/26 - Beat
KEY
Sec Filings
- 4/2/26 - Form 4
- 4/2/26 - Form 4
- 4/2/26 - Form 4
- KEY's page on the SEC website