The financial empowerment tool continues to help clients meet their financial goals.CLEVELAND, Sept. 3, 2025 /PRNewswire/ -- KeyBank (NYSE: KEY) is helping clients take control of their financial futures with EasyUp® , a tool that transforms everyday spending into meaningful savings. With every debit card purchase, EasyUp can be set up to automatically transfer a user-selected amount – up to $5 – into a linked KeyBank savings account, helping clients build savings and work toward a financial goal one transa ...

Company Overview - KeyCorp is celebrating its bicentennial in 2025, marking 200 years of service to clients and communities from Maine to Alaska [3] - The company is headquartered in Cleveland, Ohio, and is one of the largest bank-based financial services companies in the United States, with assets of approximately $185 billion as of June 30, 2025 [3] Services Offered - KeyCorp provides a range of services including deposit, lending, cash management, and investment services to individuals and businesses across 15 states through approximately 1,000 branches and 1,200 ATMs [4] - The company also offers 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 under the KeyBanc Capital Markets trade name [4] Upcoming Events - KeyCorp will present at the Barclays Global Financial Services Conference on September 8, 2025, at 12:00 p.m. ET in New York City, with discussions on performance, strategy, and outlook [1][2] - A live audio webcast of the conference will be available on the company's investor relations website, with options for re-broadcast for those unable to attend live [2]

Core Viewpoint - KeyCorp's recent earnings report shows a significant year-over-year increase in earnings and revenues, but also highlights rising expenses and provisions that could impact future performance [2][4][10]. Financial Performance - KeyCorp's Q2 2025 earnings per share from continuing operations was 35 cents, exceeding estimates by a penny and reflecting a 40% increase from the prior year [2]. - Net income from continuing operations attributable to common shareholders was $387 million, up 63.3% year over year [3]. - Total revenues increased 20.9% year over year to $1.83 billion, surpassing the Zacks Consensus Estimate of $1.80 billion [4]. - Net interest income (NII) increased 27.9% year over year to $1.15 billion, with net interest margin (NIM) expanding 62 basis points to 2.66% [5]. - Non-interest income rose 10% year over year to $690 million, driven by increases in most fee income components [7]. Expenses and Provisions - Non-interest expenses grew 7% year over year to $1.15 billion, attributed to increases in nearly all cost components [8]. - The provision for credit losses was $138 million, up 38% year over year, indicating potential credit quality concerns [10]. Loan and Deposit Trends - Average total loans were $105.72 billion, up 1.3% from the previous quarter, while average total deposits decreased to $147.45 billion [9]. - The decline in deposits was primarily due to reductions in higher-cost commercial client balances and retail CDs [9]. Credit Quality - The allowance for loan and lease losses was $1.45 billion, down 6.5% from the prior year, while non-performing assets as a percentage of total loans decreased to 0.66% [11]. Capital Ratios - KeyCorp's tangible common equity to tangible assets ratio improved to 7.8%, and the Tier 1 risk-based capital ratio rose to 13.4% [12]. Future Outlook - Management expects average loan balances to decline by 1-3% in 2025, with period-end loans anticipated to rise by approximately 2% [13]. - NII is projected to increase by 20-22% in 2025, with NIM expected to reach around 2.75% by Q4 2025 [14]. - Non-interest income is expected to rise by 5% or more in 2025, while non-interest expenses are anticipated to increase by 3-5% [15]. Market Position - KeyCorp has experienced a downward trend in estimates since the earnings release, currently holding a Zacks Rank 3 (Hold) [16][18]. - In comparison, State Street Corporation, a peer in the same industry, reported a revenue increase of 8.1% year over year and has a Zacks Rank 2 (Buy) [20].

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Table of contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-11302 KeyCorp Exact name of registrant as specified in its charter: Ohio 34-6542451 State or other jurisdiction of incorpor ...

On CNBC's "Mad Money Lightning Round," Jim Cramer said Uber Technologies, Inc. UBER is going to $200 and recommended buying more here. When asked about Micron Technology, Inc. MU, he said, "I think you buy a little bit here, but we do need to see DRAM pricing go back up before you get a lot of good pin action in that stock." Micron Technology announced on July 22 that it has launched a high-density, radiation-tolerant SLC NAND chip, marking its first space-qualified memory product and expanding its footprin ...

In addition to the arena naming rights, the longstanding partnership between the Sabres and KeyBank will introduce KeyBank as the team's away helmet sponsor starting in the 2025-26 season. KeyBank's collaboration with the Sabres dates back to 2015 and reinforces the commitment of both organizations to the Western New York community. KeyBank and the Buffalo Sabres' dedication to giving back to the city of Buffalo and the greater Western New York region will continue with the introduction of the HocKey Assist ...

Core Points - KeyBank Foundation has launched a $5.4 million grant program to support Community Development Financial Institutions (CDFIs) across 27 markets, focusing on affordable housing and small business growth [1][3] - In areas without eligible CDFI proposals, KeyBank will establish a $200,000 donor-advised fund to ensure community participation in the bicentennial celebration [1] - The selected CDFI grant recipients are implementing community-driven solutions in affordable housing, economic inclusion, workforce development, and neighborhood revitalization [2] Company Overview - KeyBank is celebrating its bicentennial in 2025, marking 200 years of service with approximately $185 billion in assets as of June 30, 2025 [6] - The bank operates under the name KeyBank National Association, providing a range of financial services through about 1,000 branches and 1,200 ATMs across 15 states [7] - KeyBank also offers corporate and investment banking products, including merger and acquisition advice, public and private debt and equity, syndications, and derivatives [7]

Group 1 - KeyCorp reported better-than-expected results for its second fiscal quarter, driven by a favorable interest rate environment and increased net interest income [1] - The company demonstrated strong performance in its core loan and deposit businesses, contributing to its positive financial outlook [1] - Analysts maintain a favorable outlook for KeyCorp's net interest income moving forward [1]

Group 1 - KeyCorp's shares have increased by 17% over the past year, indicating strong performance [1] - The company has taken aggressive actions to enhance its capital position and improve yields on its investment securities portfolio [1]