KeyBank 2006 Annual Report Download - page 4

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25Key 2006
INTERVIEW WITH CEO
HENRY MEYER
BUILDING A TRADITION
OF TOP-TIER
PERFORMANCE
Key reported income from continuing operations of $1.2 billion in
2006, or $2.91 per diluted common share, the highest level of
earnings in the company’s history. These positive results were
driven by solid commercial loan growth and asset quality, higher income
from fee-based businesses and growth in core deposits. During 2006,
total revenue from continuing operations rose by $219 million to $4.9
billion. Including the results of the Champion Mortgage divestiture,
which was accounted for as a discontinued operation, the company’snet
income was $1.06 billion, or $2.57 per share.
Late in 2006, Standard and Poor’s again named Key a “Dividend
Aristocrat” – listing the company as one of 59 U.S. companies that
has increased its dividend each year for more than 25 consecutive
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