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KeyCorp Q4 net income $459 million POST Online Media

KeyCorp Q4 net income $459 million

Staff Writer | Friday January 18, 2019 6:21AM ET
KeyCorp
KeyCorp   For the year ended December 31, 2018, net income was $1.8 billion

KeyCorp announced net income from continuing operations attributable to Key common shareholders of $459 million, or $.45 per common share for the fourth quarter of 2018, compared to $468 million, or $.45 per common share, for the third quarter of 2018 and $181 million, or $.17 per common share, for the fourth quarter of 2017.


During the fourth quarter of 2018, Key's results included notable items resulting in a net impact of $.03 per common share, consisting of a pension settlement charge and efficiency initiative expenses.

No notable items were reported in the third quarter of 2018, however, notable items resulting in a net impact of $.19 per common share were reported in the fourth quarter of 2017.

For the year ended December 31, 2018, net income from continuing operations attributable to Key common shareholders was $1.8 billion, or $1.70 per common share, compared to $1.2 billion, or $1.12 per common share, for the same period one year ago.

 

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