KeyCorp reports Q1 EPS 26c, consensus 24c Reports Q1 revenue $1B, consensus $1.01B. Key's noninterest expense was $662M for Q1, compared to $681M for the same period last year. Key's provision for loan and lease losses was $6M, compared to $19M for Q4. Reports Tier 1 common equity 11.22% vs. 11.22% in Q4.
KeyCorp raises quarterly dividend 15% to 7.5 per share KeyCorp announced that its board of directors declared a Q2 cash dividend of 7.5c per share on the corporation's outstanding common shares. The dividend is payable on June 15 to holders of record as of the close of business on June 2. The dividend represents a 15% increase compared to the 6.5c per common share paid last quarter.