Keycorp Stock Price, News & Analysis

KeyBank (NYSE: KEY) has announced a 10-year extension of its naming rights agreement with the Buffalo Sabres, maintaining the KeyBank Center name through the 2035-36 season. The partnership expansion includes KeyBank becoming the team's away helmet sponsor starting in 2025-26.

The partnership introduces the new HocKey Assists Community Program, focusing on education, small business growth, and neighborhood engagement in Western New York. KeyBank, celebrating its bicentennial with $185 billion in assets, will provide exclusive benefits to its customers attending events at KeyBank Center starting in 2026-27.

KeyBank (NYSE: KEY) has announced the recipients of its $5.4 million CDFI grant program as part of its bicentennial celebration. The initiative supports Community Development Financial Institutions across 27 markets, focusing on affordable housing and small business growth.

The program includes 24 CDFI grant awardees spanning multiple regions from Maine to Alaska. In markets without eligible CDFI proposals, KeyBank is establishing $200,000 donor-advised funds. The company, with assets of approximately $185 billion as of June 30, 2025, operates through approximately 1,000 branches and 1,200 ATMs across 15 states.

KeyCorp (NYSE:KEY) reported strong Q2 2025 financial results with net income of $387 million, or $0.35 per diluted share, up from $237 million in Q2 2024. The company achieved total revenue of $1.8 billion, marking a 21% year-over-year increase.

Key performance highlights include: net interest income up 4% quarter-over-quarter, net interest margin increased by 8 basis points to 2.66%, and period-end loans up $1.6 billion. Commercial loans grew $3.3 billion or 5% year-to-date, while net charge-offs declined 8% quarter-over-quarter.

The bank maintained strong capital positions with a Common Equity Tier 1 ratio of 11.7% and demonstrated improved credit quality metrics. Investment banking showed significant growth with over $30 billion of capital raised for clients in Q2.

KeyCorp (NYSE: KEY) has declared quarterly dividends for Q3 2025 on its common shares and preferred stocks. The company will pay a cash dividend of $0.205 per common share on September 15, 2025, to shareholders of record as of September 2, 2025.

Additionally, KeyCorp announced dividend payments for its various preferred stock series: Series D ($312.50 per share), Series E ($15.3125 per share), Series F ($14.1250 per share), Series G ($14.0625 per share), and Series H ($15.50 per share). All preferred stock dividends will be paid on September 15, 2025, to shareholders of record as of September 2, 2025.

EarnUp, a fintech company specializing in loan payment automation, has announced the sale of its AI Advisor technology assets to BECU, a leading depository institution with $29 billion in assets. The transaction includes the transfer of select team members, including Co-Founder Nadim Homsany, who will lead BECU's new AI Strategy and Innovation team.

EarnUp, backed by investors including KeyBank (NYSE:KEY) and LendingTree, will continue to operate independently and plans to use the proceeds to accelerate the development of its next-generation debt management platform. The company currently serves 7 of the 25 largest U.S. banks and has helped 3 million borrowers save on their loans.

KeyBank (NYSE: KEY) has launched KeyTotal AR™, a comprehensive invoice-to-cash solution powered by Versapay, marking a significant advancement in its fintech strategy. The platform leverages machine learning to modernize and automate accounts receivable operations for middle-market businesses.

The new solution promises to reduce accounts receivable costs by up to 50% through automated invoicing and simplified payment processes. KeyTotal AR™ combines advanced AR automation with KeyBank's payments capabilities, offering cloud-based cash application software that streamlines financial operations and accelerates decision-making through AI.

KeyBank, with assets of approximately $189 billion as of March 31, 2025, partners with Versapay, which processes $170B+ in payments volume annually and serves 10,000 customers across 5M+ companies.

Jaan Health has secured $25 million in funding, including $15 million in non-dilutive growth capital from Level Structured Capital, to expand its AI-powered healthcare platform Phamily©. The platform specializes in managing chronic conditions through proactive care management, serving over 150 healthcare organizations and hundreds of thousands of patients with 250+ different chronic conditions.

The company's Phamily platform enables healthcare organizations to deliver proactive care management at scale, addressing healthcare labor shortages and rising costs. The funding will support market expansion, penetration into health systems, and key hiring initiatives to sustain the company's growth trajectory.

KeyBank's latest Middle Market Sentiment Pulse Survey reveals that 91% of middle market companies are prioritizing tariff impact management. The May 2025 survey of 300 businesses with revenues between $25M-$1B shows strong adaptation to economic uncertainty. 92% view current policies as an innovation opportunity, while 60% are adjusting supply chains to manage tariff costs. Notably, 49% see tariffs as a potential competitive advantage, with technology companies being particularly optimistic at 68%. Companies are actively seeking capital access, with 87% strengthening balance sheets through technology adoption (52%), equity capital expansion (43%), and improved cash flow management (43%). Larger companies ($500M-$1B revenue) are particularly proactive, with 88% enhancing supply chain technology and 71% diversifying suppliers.

KeyBank (NYSE: KEY) has been named one of the 50 most community-minded companies in America by Points of Light for the twelfth time in 2025. The bank also earned recognition as the Financials Sector Leader for the eighth year. The Civic 50 recognition is based on four dimensions: resource investment, business function integration, policy institutionalization, and impact measurement. KeyBank has invested over $50 billion in communities since 2017 through affordable housing, small business lending, home lending, and philanthropy. The company, celebrating its bicentennial in 2025, maintains assets of approximately $189 billion and operates across 15 states with about 1,000 branches and 1,200 ATMs, providing various banking and financial services to individuals and businesses.