Welcome to our dedicated page for Keycorp news (Ticker: KEY), a resource for investors and traders seeking the latest updates and insights on Keycorp stock.
KeyCorp reports developments across its KeyBank banking franchise, KeyBanc Capital Markets, and wealth-management operations. Company news commonly covers deposit, lending, cash management, and investment services for individuals and businesses in its multi-state banking footprint, along with commercial banking coverage for middle-market companies.
Recurring updates include quarterly earnings, net interest income, fee-based businesses such as investment banking, commercial payments, and wealth management, and regional expansion of middle-market teams. News also covers Key Private Bank, customer financial surveys, community partnerships, and capital-markets services including M&A advice, public and private debt and equity, syndications, and derivatives.
KeyBank (NYSE: KEY) is marking the third anniversary of its interest-bearing Key Select Checking account, reporting nearly $7 million in annual cash bonuses paid to qualifying clients since launch. The product pays a variable 0.05% APY (as of July 24, 2026, for ZIP 44114) and offers a recurring $100 annual cash bonus for clients who receive at least $60,000 in eligible ACH direct deposits within a 12‑month evaluation period and have at least one qualifying deposit in the final two months.
Key Select Checking includes fee-free access to more than 40,000 KeyBank and Allpoint ATMs, up to $6 per statement cycle in non‑Key ATM surcharge rebates, Early Pay availability up to two days early on eligible direct deposits, and Key Coverage Zone overdraft relief when an account is overdrawn by $20 or less at day‑end. A $25 monthly maintenance fee is waived for the first three statement cycles and can later be avoided with at least $3,000 in eligible direct deposits per statement cycle or $15,000 in combined qualifying balances. According to KeyBank, the in‑app Bonus Tracker gives clients real‑time visibility into progress toward the annual bonus.
KeyCorp (NYSE: KEY) has closed its previously announced acquisition of Clearwater Corporate Finance LLP (“Clearwater UK”), a UK-based middle market investment banking advisory firm. According to KeyCorp, the deal is a key step in expanding its global advisory platform.
The company highlighted Clearwater UK's middle-market expertise and sector depth as enhancing KeyCorp’s ability to deliver more comprehensive, cross-border advisory and execution services to clients.
KeyCorp (NYSE: KEY) announced its 2027 quarterly earnings conference call schedule. Calls to review financial results are planned for Apr. 20, 2027, Jul. 20, 2027, Oct. 20, 2027, and Jan. 20, 2028, each at 8 a.m. ET, with results released before market open. Live audio webcasts and presentation materials will be accessible via www.key.com/ir, where rebroadcasts and quarterly earnings results will also be available.
KeyCorp (NYSE: KEY) reported second quarter 2026 net income from continuing operations attributable to common shareholders of $472 million, or $0.44 per diluted share, compared with $387 million, or $0.35, in 2Q25 and $486 million, or $0.44, in 1Q26.
Total revenue (taxable-equivalent) was $1.96 billion, up 6.7% year-over-year and 0.6% sequentially, driven by a 9.4% year-over-year increase in net interest income and a net interest margin of 2.89%, up 23 bps year-over-year. Average loans reached $110.1 billion, up 4.1% year-over-year, led by 11.7% growth in commercial and industrial loans, while average deposits were stable at $147.6 billion and the cost of total deposits fell 36 bps year-over-year.
Asset quality metrics showed net loan charge-offs of 0.42% of average loans and an allowance for credit losses of 1.56% of period-end loans, with a $23 million reserve release. The estimated Common Equity Tier 1 ratio was 11.2%, and KeyCorp repurchased approximately $341 million of common shares during the quarter.
KeyBank (NYSE: KEY), through the KeyBank Foundation, announced a $300,000 three-year grant to the national nonprofit Cities for Financial Empowerment Fund (CFE Fund) to expand its Youth Banking Connect (YBC) initiative, formerly Summer Jobs Connect.
The funding will support a cohort-based YBC Academy that provides no-cost training, technical assistance, peer learning, and resources to at least 15 youth workforce programs nationwide. The initiative targets primarily low- and moderate-income youth ages 14 to 24, aiming to increase access to safe, affordable bank accounts, direct deposit for wages, and financial education within government-led workforce development programs.
KeyCorp (NYSE: KEY) declared third-quarter 2026 cash dividends on its common and multiple preferred share series. Common shareholders will receive $0.205 per share, payable September 15, 2026, to holders of record on September 1, 2026.
Preferred Series D, E, F, G, and H dividends range from $14.0625 to $312.50 per share (with specified per-depositary-share equivalents), all payable on September 15, 2026 to holders of record on August 31, 2026, covering the period June 15 to September 15, 2026.
KeyCorp (NYSE: KEY), through its Key Wealth business, released its 2026 Inheritance Pulse Poll showing that 64% of mass affluent Americans expecting an inheritance say it is actively reshaping their financial decisions, even though only 34% have verified details through a specific family conversation.
According to Key Wealth, 36% report saving or investing at least $100,000 less due to inheritance expectations, and 44% have reduced savings by $25,000 or more over five years. Many are saving less for retirement (40%), taking more investment risk (36%) and spending more on lifestyle or travel (18%).
Despite 61% rating their plans as very prepared without inheritance, 25% say they would need to work significantly longer and 19% expect a reduced retirement lifestyle if an inheritance did not arrive. The poll highlights a planning gap for women, lower advisor engagement, and widespread lack of formal estate plans among those intending to leave a legacy.
Cleveland WNBA and KeyBank (NYSE: KEY) announced a new multiyear partnership making KeyBank the franchise’s first Founding Partner and exclusive Official Retail Bank. KeyBank becomes presenting partner of the team’s membership platform, offering special benefits to fans who placed a $28 initial membership deposit.
Cleveland WNBA reports nearly 9,000 initial payments ahead of its inaugural 2028 season at Rocket Arena. The parties will also launch an annual community impact program and in-arena activations, including presenting sponsorship of the High-Five Tunnel and one theme night with a fan giveaway each season.
KeyBank (NYSE: KEY) launched Check Control for Business, now fully available to KeyBank Business Online clients as a low-cost check fraud mitigation and reconciliation tool. The service sends alerts so small businesses can review check details, return suspicious items, and potentially avoid large losses and cash-flow disruptions.
KeyBank (NYSE:KEY) was named one of The Civic 50 most community-minded companies in America for 2026 by Points of Light, marking its thirteenth recognition in the program’s 14-year history.
According to KeyBank, it has invested over $65 billion in communities since 2017 and reported approximately $189 billion in assets as of March 31, 2026. The bank operates in 15 states with about 950 branches and 1,100 ATMs, emphasizing long-term community investment, volunteerism, and measurable social impact.