Keyera Corp. (KEY) Earnings Call Transcripts
Keyera Corp.'s Latest Earnings Call - Q2 FY2026
KeyCorp reported strong second quarter results for 2026, with earnings per share of $0.44, reflecting a 26% year-over-year increase. Revenue grew by 7% year-over-year, driven by robust commercial loan growth and an expanding net interest margin, which reached 2.89%. Management raised full-year guidance for net interest income, revenue, and loan growth, signaling confidence in continued momentum despite macroeconomic uncertainties.
Reported metrics
| Metric | Value |
|---|---|
| Earnings Per Share (EPS) | $0.44 (beat) |
| Revenue | $1.2B (inline) |
| Net Interest Margin (NIM) | 2.89% (inline) |
| Commercial Loans Growth | $2.1B (positive) |
| Total Deposits | $153B (inline) |
| Return on Tangible Common Equity (ROTCE) | expected >15% by end of 2027 (positive) |
Guidance from management
Management raised full-year guidance for revenue growth to 7%-8% and net interest income growth to 9%-11%, reflecting strong loan growth and favorable economic conditions.
What management said
Well, Ryan, first of all, thanks for the question. Let me just make a brief comment. NIM is clearly an important metric for us. But as you can imagine, what we're most densely focused on is our long-term return targets. By the way, both of which are still intact. So Clark, you can maybe step us through the detail.
Sure. So our capital priorities remain unchanged, Chris. The first is to support our clients and our prospects, and that's where we're going to focus. Secondly, what I just mentioned, we're going to continue to invest heavily in the business because we think there's a great opportunity. Third would be our dividend. And then lastly would be share repurchases. Obviously, we have an abundance of capital right now. We th...
What analysts pressed on
Analysts expressed concerns regarding the sustainability of deposit growth and the potential impact of rising interest rates on net interest margin. There were also questions about the slower-than-expected recovery in investment banking fees, particularly in the middle market segment.
Main topics on the call
- Revenue Growth and Guidance Increase — KeyCorp's revenue grew 7% year-over-year, and management increased full-year revenue guidance to 7%-8% from the previous 7%. This reflects strong business momentum and confidence in client growth, as noted by management ...
- Net Interest Margin Expansion — The net interest margin expanded to 2.89%, with expectations to exceed 3% by year-end. Management highlighted that this growth is supported by "several tailwinds that we expect will contribute to accelerated margin expan...
- Strong Commercial Loan Growth — Commercial loans increased by $2.1 billion or 3% sequentially, driven by new client acquisitions and deepening existing relationships. Management noted, "Commercial loan pipelines remained strong up 6% from the prior yea...
- Share Repurchase Program — KeyCorp repurchased over $340 million of common stock in the quarter and is on track to meet its full-year target of at least $1.3 billion. Management emphasized the importance of returning capital to shareholders while ...
Read the full Keyera Corp. transcript (Q2 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About Keyera Corp.
Keyera Corp. (KEY) is a publicly listed company in the Oil, Gas and Consumable Fuels industry, within the Energy sector. It trades on TSX and is based in CA. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 103 calls on record spanning January 23, 2020 to August 6, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 103 Keyera Corp. earnings call transcripts on record, spanning January 23, 2020 to August 6, 2026. Based on this history, Keyera Corp. reports quarterly. The most recent call on file is dated August 6, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- KEY
- Exchange
- TSX
- Country
- CA
- Sector
- Energy
- Industry
- Oil, Gas and Consumable Fuels
- Calls on record
- 103
- First call
- January 23, 2020
- Most recent
- August 6, 2026
- Reporting cadence
- quarterly