Keycorp Stock Price, News & Analysis

KeyBank (NYSE: KEY) has released its 2025 Small Business Survey, revealing significant challenges facing small business owners. The survey found that 23% of small business owners are in survival mode, while 46% reported underperforming expectations in 2025. Despite these challenges, 40% are cautiously planning ahead.

Key findings show that 50% of owners cite inflation as their top concern, followed by competition (33%) and cash flow (25%). Additionally, 72% of owners are very concerned about upcoming federal legislation changes. The survey, which included 2,144 respondents across the United States, also revealed that 80% feel confident in making informed decisions despite economic uncertainty.

KeyBank (NYSE: KEY) has announced a strategic partnership with Ohio State Buckeyes wide receiver Jeremiah Smith to launch "The KeyBank Financial Playbook" campaign. This social-first initiative combines football strategy with financial education to engage younger audiences and strengthen community impact across Ohio.

The partnership includes exclusive rights to Smith's name, image, and likeness in the banking category and support of KeyBank's charitable initiatives. Smith, a sophomore and projected Heisman contender, will help deliver financial education through football-themed content. KeyBank, with assets of approximately $185 billion as of June 30, 2025, operates across 15 states through approximately 1,000 branches and 1,200 ATMs.

KeyBank (NYSE: KEY) has announced significant milestones in its Key Secured Credit Card® program, with over 40,300 graduates since its 2019 inception. The first half of 2025 saw 4,400 new graduates, with 59% graduating within 12 months and 88% within 24 months.

The program demonstrates impressive results: 72% of cardholders started with no FICO score, achieving an average graduation score of 724. Those with existing scores showed an average improvement of 85 points. KeyBank enhanced the program in 2024-2025 with new features including quarterly graduations, expanded educational workshops, a Credit Line Increase program benefiting 6,500 graduates, and a new campaign reaching 6,100 clients for traditional credit card transitions.

KeyBank (NYSE: KEY) highlights the success of its EasyUp® financial tool, which automatically transfers a user-selected amount (up to $5) to a savings account with every debit card purchase. Since its August 2019 launch through July 31, 2025, the program has helped clients save over $182 million, with average users saving $490 annually.

The tool, accessible through KeyBank's online and mobile platforms, offers seamless enrollment, flexible savings options, and can be used for emergency funds, vacations, investing, or debt reduction. Additionally, debit card purchases with EasyUp count toward KeyBank's relationship benefits program, which requires five qualifying transactions monthly.

KeyCorp (NYSE: KEY) announced its participation in the upcoming Barclays Global Financial Services Conference, where Randy Paine, Head of Institutional Banking, and Clark Khayat, Chief Financial Officer, will present on September 8, 2025, at 12:00 p.m. ET in New York City.

The presentation will cover KeyCorp's performance, strategy, and outlook. The company, celebrating its 200th anniversary in 2025, currently manages assets of approximately $185 billion and operates across 15 states with 1,000 branches and 1,200 ATMs.

KeyBank (NYSE: KEY) has secured naming rights for a new event center at the Pro Football Hall of Fame in Canton, Ohio. The KeyBank Center will be the largest event center in the area, featuring nearly 12,000 square feet of space on the first level and including a VIP Club, café, and 6,580 square feet of rooftop party space.

The five-year sponsorship agreement establishes KeyBank as the "Exclusive Bank to the Pro Football Hall of Fame" and includes financial literacy programming through the Hall's Youth, Education & Leadership Team. Construction is scheduled to begin in fall 2025, with completion planned for the Class of 2027 Enshrinement Weekend.

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.