KEYCORP LOWERS ITS PRIME LENDING RATE TO 7.25 PERCENT

KeyCorp (NYSE: KEY) has announced a reduction in its prime lending rate from 7.50% to 7.25%, effective September 18, 2025.

Rhea-AI Summary

KeyCorp (NYSE: KEY) has announced a reduction in its prime lending rate from 7.50% to 7.25%, effective September 18, 2025. This decision affects KeyCorp and its banking affiliates across their operations.

The bank, celebrating its bicentennial in 2025, operates with assets of approximately $185 billion as of June 30, 2025. KeyCorp serves customers through approximately 1,000 branches and 1,200 ATMs across 15 states, offering deposit, lending, cash management, and investment services to individuals and businesses under KeyBank National Association.

Positive

• Prime lending rate reduction by 25 basis points could stimulate borrowing
• Strong market presence with $185 billion in assets
• Extensive network covering 15 states with 1,000 branches

Negative

• Lower prime rate may compress net interest margins
• Potential impact on interest income from reduced lending rates

Argus Sep 17 session

+0.43% close to close Open Argus

Details

News Market Reaction – KEY

On Sep 17, the day this news came out, KEY closed 0.43% above the previous close.

Data tracked by StockTitan Argus for the Sep 17 session.

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CLEVELAND, Sept. 17, 2025 /PRNewswire/ -- KeyCorp (NYSE: KEY) and its banking affiliates have lowered their prime lending rate to 7.25 percent from 7.50 percent, effective tomorrow, Sept. 18, 2025.

About KeyCorp

In 2025, KeyCorp celebrates its bicentennial, marking 200 years of service to clients and communities from Maine to Alaska. To learn more, visit KeyBank Heritage Center. Headquartered in Cleveland, Ohio, Key is one of the nation's largest bank-based financial services companies, with assets of approximately $185 billion at June 30, 2025. 

Key provides deposit, lending, cash management, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of approximately 1,000 branches and approximately 1,200 ATMs. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name. For more information, visit https://www.key.com/. KeyBank Member FDIC. 

 

 

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SOURCE KeyCorp

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is KeyCorp's (KEY) new prime lending rate in 2025?

KeyCorp's new prime lending rate is 7.25%, reduced from 7.50%, effective September 18, 2025.

How many branches and ATMs does KeyCorp operate in 2025?

KeyCorp operates approximately 1,000 branches and 1,200 ATMs across 15 states.

What is KeyCorp's (KEY) total asset value in 2025?

KeyCorp's total assets are approximately $185 billion as of June 30, 2025.

What services does KeyCorp provide through KeyBanc Capital Markets?

KeyBanc Capital Markets provides corporate and investment banking services, including merger and acquisition advice, public and private debt and equity, syndications, and derivatives to middle market companies.

How long has KeyCorp been in business as of 2025?

As of 2025, KeyCorp is celebrating its bicentennial, marking 200 years of service to clients and communities from Maine to Alaska.