KeyCorp's Commercial Payments Business Grows Despite Macro Uncertainty

Highlights Despite tariff-induced macroeconomic uncertainty, KeyCorp's commercial payments business is experiencing strong momentum, indicating resilience within its corporate client base. KeyCorp's credit quality remains strong, with nonperforming assets and the NPL ratio declining sequentially. Management noted that some corporate clients may pause on new transactional activity and projects. KeyCorp’s latest earnings results showed growth in deposits, while management pointed to momentum in pa ...