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.
KeyCorp (KEY) and its banking affiliates are raising their prime lending rate to 7.00 percent from 6.75 percent, effective September 17, 2026.
The change applies across KeyBank National Association, which provides deposit, lending, cash management and investment services in 15 states through about 950 branches and 1,100 ATMs. KeyCorp, headquartered in Cleveland, Ohio, reported approximately $191 billion in assets as of June 30, 2026, and also offers corporate and investment banking services under the KeyBanc Capital Markets name.
KeyCorp (KEY)/b) announced that Chief Financial Officer Clark Khayat will present at the Barclays Global Financial Services Conference on Monday, September 14, 2026, at 2:45 p.m. ET.The live audio webcast will be available at www.key.com/ir, where a replay can also be accessed under Events & Presentations. KeyCorp, with approximately $191 billion in assets as of June 30, 2026, plans to review its performance, strategy, and outlook during the presentation.
KeyCorp (NYSE:KEY) appointed Chris Doll as Chief Strategy Officer & Deputy CFO, effective August 31, 2026. Doll will report to CFO and Head of Technology Clark Khayat, serve on Key's Finance leadership team and Executive Council, and lead the corporate strategy team.
According to KeyCorp, Doll brings a background in financial leadership, capital planning, strategic transformation, and investor engagement from prior roles at City National Bank, Fifth Third Bancorp, Omnicare, and First Financial Bancorp, and is expected to help guide execution of the company's strategic priorities and long-term growth agenda.
KeyCorp (NYSE: KEY) will redeem all 525,000 depositary shares representing 21,000 shares of its Series D Fixed-to-Floating Rate Perpetual Non-Cumulative Preferred Stock on September 15, 2026, at $1,012.50 per depositary share, reflecting a $1,000 liquidation preference plus accrued and unpaid dividends.
The aggregate liquidation preference of the Preferred Stock is $525 million. Shares are held in book-entry form through DTC and will be redeemed under DTC procedures. After redemption, the Preferred Stock will no longer be outstanding, with rights limited to receiving the redemption price. Computershare will act as redemption agent.
KeyCorp (NYSE: KEY), through its Q2 2026 KeyBank Middle Market Sentiment Report, finds middle market companies remain highly confident in their own performance despite economic uncertainty. For the second consecutive survey, 77% of executives rated their company’s financial outlook as excellent or very good, while confidence in the broader U.S. economy was 51%, down from 53% in Q2 2025, widening the confidence gap to 26 percentage points.
According to KeyBank, firms are prioritizing capital investments in AI and technology expansion, cited by 54% as their top 2026 investment focus, alongside workforce reskilling, AI talent hiring, ongoing cybersecurity spend, and measured but sustained long-term M&A plans into 2027–2028.
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.