KeyCorp (NYSE:KEY)
$ 18.41 -0.13 (-0.7%) Market Cap: 18.38 Bil Enterprise Value: 37.64 Bil PE Ratio: 1,854.00 PB Ratio: 1.28 GF Score: 68/100

Q1 2019 KeyCorp Earnings Call Transcript

Apr 18, 2019 / 02:00PM GMT
Release Date Price: $16.79 (-2.21%)
Operator

Good morning, and welcome to KeyCorp's First Quarter 2019 Earnings Conference Call. As a reminder, this conference is being recorded.

I would now like to turn the conference over to the Chairman and CEO, Beth Mooney. Please go ahead.

Beth E. Mooney
KeyCorp - Chairman, CEO & President

Thank you, operator. Good morning, and welcome to KeyCorp's First Quarter 2019 Earnings Conference Call. In the room with me is Don Kimble, our Chief Financial Officer; Chris Gorman, President of Banking; and Mark Midkiff, our Chief Risk Officer.

Slide 2 is our statement on forward-looking disclosure and non-GAAP financial measures. It covers our presentation materials and comments as well as the question and answer segment of our call.

Now I am moving to Slide 3. This morning, we reported earnings per common share of $0.38, which included $0.02 of efficiency related charges. Adjusting for notable items related to the efficiency charges, our results were $0.40 per share, up 5% from the year ago period and down as expected relative to our seasonally

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