KeyCorp, parent company of Key Bank of Utah and other financial subsidiaries, Thursday reported earnings of $210 million or 86 cents per common share for the first quarter, up slightly from $209 million or 85 cents per share for the same period last year

"Earnings for the first quarter were consistent with our 1995 profit plan," said Victor J. Riley Jr., chairman and CEO."These results and the profit plan included the effects of several items related to previously announced initiatives intended to reduce interest rate exposure and accelerate long-term revenue and earnings growth. Actions taken in the first quarter included the continued reconfiguration of the balance sheet and the strategic repositioning of several businesses."

KeyCorp earned a return on average total assets of 1.28 percent and a return on average common equity of 18.26 percent in the first quarter.