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KeyCorp's profit soars on higher interest rates
2017年10月19日 / 上午10点36分 / 1 个月前

KeyCorp's profit soars on higher interest rates

Oct 19 (Reuters) - U.S. regional bank KeyCorp reported quarterly profit that more than doubled as it gains from its acquisition of First Niagara, while income from loans benefited from higher interest rates.

Cleveland-based KeyCorp said net income attributable to common shareholders rose to $350 million, in the third quarter ended Sept. 30 from $166 million a year earlier.

Earnings per share rose to 32 cents from 17 cents. (Reporting by Roopal Verma in Bengaluru; Editing by Anil D‘Silva)

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