CLEVELAND, May 22, 2024 /PRNewswire/ -- KeyCorp (NYSE: KEY) announced today that Chris Gorman, Chairman and Chief Executive Officer, will present at the Bernstein Annual Strategic Decisions Conference on Wednesday, May 29, 2024, at 4:30 p.m. ET in New York City. KeyCorp plans to review its performance, strategy, and outlook. The live audio webcast of the conference call will be available at www.key.com/ir. If you are unable to join the live conference call, or wish to hear a re- broadcast, access www.key.co ...

KeyCorp (KEY) remains well-positioned for top-line growth on the back of opportunistic buyouts, restructuring initiatives, solid loans and deposit balances and higher rates, while funding costs weigh on it to some extent. Elevated expenses and weakening asset quality remain concerns. KEY's impressive loan growth has contributed to top-line expansion over the past several years. Though tax- equivalent (TE) revenues dipped in 2023 and in the first quarter of 2024, the metric experienced a compound annual grow ...

Cleveland-based financial institution KeyBank has launched a virtual account management solution for treasury management clients.The new Key Virtual Account Management (KeyVAM) solution is designed for clients who have complex demand deposit account (DDA) structures and provides them with instant access to KeyBank commercial cash management bank accounts, KeyBank said in a Tuesday (May 7) press release.“In today’s fast-paced digital business environment, clients appreciate real-time information and the flex ...

Innovative technology enables instant access to KeyBank commercial cash management bank accounts    CLEVELAND, May 7, 2024 /PRNewswire/ -- KeyBank (NYSE: KEY) announced the launch of KeyVAM, a virtual account management solution for treasury management clients who have complex demand deposit account (DDA) structures and want to streamline their cash-flow and account structure. KeyVAM is a technology-enabled cash management solution powered by Qolo, providing clients with the ability to manage multiple clie ...

CLEVELAND, May 7, 2024 /PRNewswire/ -- KeyCorp (NYSE: KEY) today announced plans to host conference calls to review quarterly financial results on the following dates: Fourth quarter 2024 – Tuesday, January 21st, 2025 at 8 a.m. ET First quarter 2025 – Thursday, April 17th, 2025 at 8 a.m. ET Second quarter 2025 – Tuesday, July 22nd, 2025 at 9 a.m. ET Third quarter 2025 – Thursday, October 16th, 2025 at 10 a.m. ET Fourth quarter 2025 – Tuesday, January 20th, 2026 at 8 a.m. ET The financial results are sched ...

CLEVELAND, May 3, 2024 /PRNewswire/ -- Key Private Bank, the wealth management division of KeyCorp (NYSE:KEY), announced that it was awarded "Best Regional Private Bank" at the Eleventh Annual Family Wealth Report Awards (FWR).  Key Private Bank was selected for the "Best Regional Private Bank" from a finalist list of distinguished banks. The award recognizes industry-leading firms providing best-in-class services and innovative wealth management solutions to clients. This is the second time Key Private Ban ...

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 March 31, 2024 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 127 Public Square, Cleveland, Ohio 441 ...

Confidence among small business owners could be one of the first indicators of economic resiliency in the U.S. CLEVELAND, May 2, 2024 /PRNewswire/ -- Often the first to feel the effects of inflation and economic volatility, small business owners are optimistic about their businesses, even as economic challenges remain. KeyBank's 2024 Small Business Survey found that 65% of small business owners feel confident they could fund their operating expenses for one month with their cash reserves, if an unexpected n ...

jetcityimage KeyCorp (NYSE:KEY) submitted a mixed earnings sheet for the first fiscal quarter last week that showed a large drop in net interest income, but also solid credit quality. Importantly, I believe the recent inflation report -- which reflected a 3.5% increase in consumer prices in the month of March -- creates a favorable backdrop for banks in the short term. However, we are at the brink of cuts to the federal fund rate in FY 2024 which is set to result in even steeper drop-offs to the bank's ...

Liquidity continues to dominate Q1 earnings season for banking. Saying his company can finally “play offense,” Cleveland-based KeyBank CEO Chris Gorman presented a solid balance sheet and a cautious take on the economic tailwinds for the balance of 2024.“While it’s still early in the year, we are on pace to deliver against the commitments that we detailed at the beginning of this year,” Gorman said in the Thursday (April 18) earnings report. “Key is back to playing offense and I remain excited about our fut ...