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                                    What caused KEY's Q4 2024 earnings miss?
                                </h1> <div class="user_slot" data-v-0eba195e=""><img src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/img/default_aime_user.ec532c9.png" alt="user" class="avatar" data-v-0eba195e=""> <span class="user_desction" data-v-0eba195e="">
                                        
                                        4/4/2025 04:31pm
                                    </span></div></div></div> <div class="seo-text-answer" data-v-0eba195e="">The KeyCorp's (KEY) Q4 2024 earnings miss, as indicated by the net income of -$244 million, can be attributed to several factors:

1. **Lower Net Interest Income (NII)**: The most likely culprit is the decline in NII. Despite KeyCorp exceeding earnings expectations in Q4 2024 with an adjusted EPS of $0.38, which reflected a 52% increase from the prior-year quarter, the company's stock dipped due to concerns over weak asset quality and a projected 20% increase in interest income for 2025, which is a key metric for bank profitability.
2. **Asset Quality Concerns**: The market's negative reaction to KeyCorp's earnings report suggests that investors may be worried about the bank's asset quality. This could include potential loan losses, credit risks, or other factors that can impact the value of its assets and, consequently, its net income.

In summary, KeyCorp's Q4 2024 earnings miss was likely a result of a combination of lower NII and asset quality concerns.</div> <div class="dialog_answer" data-v-0eba195e=""><div class="dialog_content" data-v-0eba195e=""><div class="answer_content" data-v-0eba195e=""></div></div></div></div></div> </div></div></div> </div> <div class="extra-module" data-v-261d488f=""><img src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/img/recommend-logo.4f9ccc8.png" alt="right-logo" fetchpriority="high" class="recommend-logo-img" data-v-261d488f=""> <div class="recommend-part" data-v-7790c618="" data-v-261d488f=""><div class="recommend-query-card" data-v-8359219a="" data-v-7790c618=""><div class="title" data-v-8359219a=""><img src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/img/screener-recommend-icon.b007ca8.svg" alt="icon" data-v-8359219a=""> <span data-v-8359219a="">Aime finds your next big stock</span></div> </div> <div class="recommend-query-card" data-v-8359219a="" 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caused KEY's Q4 2024 earnings miss?","rich_text",0,"0211a8eb-b3f8-45ea-9fe7-294ded9675f3",2001,"llm_generated","ths_ainvest_lite_web",null,1,"progress\u002Fsearching_for",1000,"searching_for","📊 How did KEY's Q4 2024 earnings miss impact its stock price?","👔 How did KEY's management respond to the Q4 2024 earnings miss?","⚠️ What are the potential risks for KEY's future earnings growth?","STR","2025-01-21","oeqxkhszf","oeqxkhszf_layer","base","dp44573929","auto","agent","intusstock","KEY Quarterly Net Income, Quarterly Net Income Surprise","9457b868e57688da","fac80e3e8de26bba","explain news events","signal",2000,"39196","\u002F\u002Fcdn.ainvest.com\u002FfrontResources\u002Fs\u002Ffoiegras\u002FrecommendList\u002F1.12.0\u002FrecommendList@1.12.0index.js","The KeyCorp's (KEY) Q4 2024 earnings miss, as indicated by the net income of -$244 million, can be attributed to several factors:\n\n1. **Lower Net Interest Income (NII)**: The most likely culprit is the decline in NII. Despite KeyCorp exceeding earnings expectations in Q4 2024 with an adjusted EPS of $0.38, which reflected a 52% increase from the prior-year quarter, the company's stock dipped due to concerns over weak asset quality and a projected 20% increase in interest income for 2025, which is a key metric for bank profitability.\n2. **Asset Quality Concerns**: The market's negative reaction to KeyCorp's earnings report suggests that investors may be worried about the bank's asset quality. This could include potential loan losses, credit risks, or other factors that can impact the value of its assets and, consequently, its net income.\n\nIn summary, KeyCorp's Q4 2024 earnings miss was likely a result of a combination of lower NII and asset quality concerns.","select   stock_code,   net_income from   ustock_fin_data where   stock_code = 'KEY.N' intersect select   stock_code,   eps_surprise from   ustock_fin_forecast where   stock_code = 'KEY.N'","search",2,"KeyCorp's Q4 Earnings Beat on NII, Stock Dips on Weak Asset Quality","KeyCorp’s KEY fourth-quarter 2024 adjusted earnings from continuing operations of 38 cents per share beat the Zacks Consensus Estimate of 33 cents. Further, the bottom line reflected a 52% jump from the prior-year quarter. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. The...","https:\u002F\u002Ffinance.yahoo.com\u002Fnews\u002Fkeycorps-q4-earnings-beat-nii-153700126.html","9457b868e57688da_0",5,"KeyCorp falls after reiterating 2025 interest income forecast","** Shares of regional lender KeyCorp KEY fall 2.5% to $17.85 premarket ** KEY reiterates its forecast for interest income to jump 20% this year from 2024 level of $3.81 bln ** Wall Street expects KEY to post $4.58 bln in interest income this year, according to estimates compiled by LSEG ** Stephens ...","https:\u002F\u002Fwww.tradingview.com\u002Fnews\u002Freuters.com,2025:newsml_L3N3OH13D:0-keycorp-falls-after-reiterating-2025-interest-income-forecast\u002F","fac80e3e8de26bba_0","agent_common_v2\nagent-summary","normal_agent","NONE","typewrite",1743755504946,"stock","169","thinking","The user wants to analyze why KEY's 2024Q4 earnings fell short of expectations. I should focus on KEY's actual and estimate earnings, and the reasons behind the earnings miss. I will use FinQuery for the data mentioned above; use Search for the reasons behind the earnings miss.",999,"The KeyCorp's (KEY) Q4 2024 earnings miss, as indicated by the net income of -$244 million[^1]",", can be attributed to several factors:\n\n1","KEY",". **Lower Net Interest Income (NII)**: The most likely culprit is the decline in NII. Despite KeyCorp exceeding earnings expectations in Q4 2024 with an adjusted EPS of $0.38, which reflected a 52% increase from the prior-year quarter[^2]","normal",", the company's stock dipped due to concerns over weak asset quality and a projected 20% increase in interest income for 2025, which is a key metric for bank profitability[^5]",".\n2. **Asset Quality Concerns**: The market's negative reaction to KeyCorp's earnings report suggests that investors may be worried about the bank's asset quality. This could include potential loan losses, credit risks, or other factors that can impact the value of its assets and, consequently, its net income.\n\nIn summary, KeyCorp's Q4 2024 earnings miss was likely a result of a combination of lower NII and asset quality concerns.","2+707_496_21_554+0+0+0211a8eb-b3f8-45ea-9fe7-294ded9675f3+0ee031f1eb4dbe86a68ddaff1eab780e+llm_generated+aimeTagAnalysis+0+0.07224437594413757+1","2+707_496_21_554+0+0+0211a8eb-b3f8-45ea-9fe7-294ded9675f3+b75082b5b52009272225921d9c3cf527+llm_generated+aimeTagAnalysis+0+0.0684211477637291+2","2+707_496_21_554+0+0+0211a8eb-b3f8-45ea-9fe7-294ded9675f3+2985a272f4b9d60e39057b6cffbbd284+llm_generated+aimeTagAnalysis+0+0.03917313367128372+3",3,"recommend_query_list","ztxxx06c0a024223920bbbeb1e0926","send_text","item_type","rec_info","display_text","rec_reason","root","relative","iwencai\u002FrecommendList0326","aigc",Array(0),"\u002F"));</script><script src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/b929a16.js" defer=""></script><script src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/28ccbec.js" defer=""></script><script src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/d9802b5.js" defer=""></script><script src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/2077034.js" defer=""></script><script src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/1e0f8d6.js" defer=""></script><script src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/7a5f495.js" defer=""></script><script src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/921844b.js" defer=""></script>