KeyCorp announced Q1/15 net income from continuing operations of $222 million, or $.26 per common share, compared to $232 million, or $.26 per common share, for Q1/14. Analysts polled by Thomson Financial had expected EPS of $.26. Total revenue was $1,014 million in Q1/15 compared to $1,004 million for the same earlier year quarter.
The following comparisons to Q1/14 were excerpted from the news release:
“Our first quarter results were solid and reflect our continued focus on growing our businesses,” said chairman and CEO Beth Mooney. “Revenue was up from the prior year and expenses were well-managed as we generated positive operating leverage. Our asset quality continued to be strong, and we remain committed to improving productivity and efficiency.”
To view the full Keycorp news release, click here.
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