KEYCORP RAISES ITS PRIME LENDING RATE TO 7.00 PERCENT

KeyCorp will increase its prime lending rate by 0.25 percentage points effective September 17, 2026.

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Rhea-AI Summary

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.

Argus Sep 16 session 54 alerts

-4.52% close to close 2.4x rel. volume Open Argus

Details

News Market Reaction – KEY

-3.5% Trough in 58 min

$22.67B Mkt Cap at Peak Alert

On Sep 16, the day this news came out, KEY closed 4.52% below the previous close. Argus tracked a trough of -3.5% from its starting point during tracking. Our momentum scanner recorded 54 alerts for this stock that day. That session’s volume was 2.4x the stock’s average daily volume.

Data tracked by StockTitan Argus for the Sep 16 session.

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09/16/2026 - 03:07 PM EDT

CLEVELAND, Sept. 16, 2026 /PRNewswire/ -- KeyCorp (NYSE: KEY) and its banking affiliates have raised their prime lending rate to 7.00 percent from 6.75 percent, effective tomorrow, Sept. 17, 2026.

About KeyCorp
KeyCorp's roots trace back more than 200 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation's largest bank-based financial services companies, with assets of approximately $191 billion at June 30, 2026.

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 950 branches and approximately 1,100 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.