KEYCORP REPORTS FIRST QUARTER 2026 NET INCOME OF $486 MILLION, OR $0.44 PER DILUTED COMMON SHARE INCREASING 33% YEAR-OVER-YEAR

Revenue of $1.95 billion, up 10% year-over-year, with noninterest income up 8% Net interest income up 11% year-over-year and 1% quarter-over-quarter despite seasonality impact; net interest margin of 2.87% increased 5 bps sequentially Period-end loans up $2.6 billion quarter-over-quarter, with commercial loans up $3.3 billion or 4% Credit quality remains strong - nonperforming assets were 63 bps and net charge-offs were 38 bps Common Equity Tier 1 ratio of 11.4% (a) ; repurchased $389 million of common shares during the quarter CLEVELAND, April 16, 2026 /PRNewswire/ -- KeyCorp (NYSE: KEY) announced net income from continuing operations attributable to Key common shareholders of $486 million, or $0.44 per diluted common share, for the first quarter of 2026. For the fourth quarter of 2025, net income from continuing operations attributable to Key common shareholders was $474 million, or $0.43 per diluted common share, or adjusted net income of $458 million, or $0.41 per diluted common share.