KeyCorp (FRA:KEY)
€ 13.912 0.08 (0.58%) Market Cap: 13.19 Bil Enterprise Value: 36.30 Bil PE Ratio: 19.09 PB Ratio: 1.18 GF Score: 64/100

Q2 2020 KeyCorp Earnings Call Transcript

Jul 22, 2020 / 01:00PM GMT
Release Date Price: €10.1 (-0.98%)
Operator

Good morning and welcome to KeyCorp's Second Quarter 2020 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, Chris Gorman. Please go ahead.

Christopher Marrott Gorman
KeyCorp - Chairman, President & CEO

Thank you, Greg. Good morning, and welcome to KeyCorp's Second Quarter 2020 Earnings Conference Call. Joining me for the call are Don Kimble, our Chief Financial Officer; 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 question-and-answer segment of our call. I'm now moving to Slide 3. As you saw in our press release this morning, we reported second quarter earnings of $0.16 per share, our results included a provision for loan losses, which exceeded net charge-offs by $386 million or $0.34 per share. Our strong results for the quarter are attributable to resiliency and dedication of our team and their commitment to

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