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home / articles / keycorp beats q3 eps estimates provision for credit mwn benzinga


KEY - KeyCorp Beats Q3 EPS Estimates Provision For Credit Losses Down 26% | Benzinga

KeyCorp (NYSE: KEY) reported third-quarter (Q3) FY23 revenues of $1.566 billion, down 17.0% Y/Y, in line with the consensus.

Net interest income was down 23.3% Y/Y to $923 million, with net interest margin of 2.01% (-73 basis points Y/Y), due to higher interest-bearing deposit costs and a shift in funding mix to higher cost deposits and borrowings.

Consumer Bank revenue fell 9.8% Y/Y ...

Full story available on Benzinga.com

Stock Information

Company Name: KeyCorp
Stock Symbol: KEY
Market: NYSE

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