Revenue of $1.8 billion, up 21% year-over-year; Significant positive operating leverage on both a total and fee basis year-over-yearNet interest income up 4% and net interest margin increased 8 bps quarter-over-quarterPeriod-end loans up $1.6 billion quarter-over-quarter; Commercial loans up $3.3 billion or 5% year-to-dateNet charge-offs declined 8% quarter-over-quarter; Other credit metrics stable to improvedCLEVELAND, July 22, 2025 /PRNewswire/ -- KeyCorp (NYSE: KEY) today announced net income from contin ...

Core Insights - The company has launched several AI-based initiatives aimed at enhancing productivity and efficiency, including the "AI Audience + AI Creative" product and AI-driven display ad optimization [1][2][6] - A significant reduction in human capital intensity by 5% has been achieved through AI-driven cost reduction initiatives [1][7] - The proprietary AI-powered content management system has improved editorial efficiency and content exposure for media brands [1] AI Agent Product Launch - The subsidiary Ad2iction has introduced the "AI Audience + AI Creative" solution, which automates marketing processes by up to 70% through the integration of language models and generative technologies [2] AI Audience Features - The AI Audience connects five intelligent modules, including consumer insights from over 18 million data points and real-time decision-support reports, enhancing marketing precision [3] AI Creative Capabilities - The AI Creative tool produces animated ads quickly and cost-effectively, increasing content flexibility and improving marketing outcomes with fewer resources [4] Multilingualization Strategies - The proprietary AI-powered content translation system has processed over 5,000 articles, with more than 1,200 articles published in the last quarter, requiring less than one hour of human editing on average [5] Display Ad Optimization - The introduction of an AI-driven display ad optimization platform has led to a significant increase in Revenue Per Mille (RPM) for display ads, a key revenue source for the Media & Branded Content business unit [6] Cost Optimization through AI - Integration of Google Gemini into Google Workspace has enhanced productivity, resulting in a 5% reduction in group-level human capital intensity compared to the same month last year [7] Community Engagement - The company co-hosted the 2025 Generative AI Conference, attracting around 1,000 industry professionals, and held events to foster a community focused on AI's positive impact on society [9] Strategic Focus on AI - The company aims to leverage AI for both revenue growth and cost efficiency, with plans for active M&A in the AI space to enhance its capabilities [9][10]

Core Insights - KeyBank has been recognized as one of the 50 most community-minded companies in America for the twelfth time in 2025, highlighting its consistent high performance over the program's 13-year history [1][3] - KeyBank has also been named the Financials Sector Leader for the eighth consecutive year, showcasing its leadership in community engagement within the financial sector [3] Community Engagement and Social Impact - The recognition is based on four dimensions: investment of resources, integration across business functions, institutionalization through policies and systems, and impact measurement [2] - KeyBank has invested over $50 billion in community initiatives since 2017, focusing on affordable housing, small business and home lending, and transformative philanthropy [4] Company Overview - KeyCorp is celebrating its bicentennial in 2025, marking 200 years of service across the United States, with assets totaling approximately $189 billion as of March 31, 2025 [5] - KeyBank operates approximately 1,000 branches and 1,200 ATMs, providing a range of financial services including deposit, lending, cash management, and investment services [6] Philanthropic Efforts - The KeyBank Foundation is a nonprofit organization that supports initiatives aimed at improving financial wellness, education, and community development, emphasizing strategic philanthropy to create thriving communities [7]

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 State ...

Creating a Leading Global B2B Growth Accelerator Investor Presentation September 5, 2024 © TechTarget 1 Disclaimer (1/2) Additional Information and Where to Find It In connection with the proposed transaction (the "proposed transaction"), Toro CombineCo, Inc. ("NewCo") filed with the Securities and Exchange Commission (the "SEC") a registration statement on Form S-4 (File No. 333-280529) containing a preliminary proxy statement of TechTarget, Inc. ("TechTarget") that also constitutes a preliminary prospectu ...

CLEVELAND, May 12, 2025 /PRNewswire/ -- KeyCorp (NYSE: KEY) today announced plans to host conference calls to review quarterly financial results on the following dates: Fourth quarter 2025 – Tuesday, January 20th, 2026 at 8 a.m. ET First quarter 2026 – Thursday, April 16th, 2026 at 10 a.m. ET Second quarter 2026 – Tuesday, July 21st, 2026 at 9 a.m. ET Third quarter 2026 – Tuesday, October 20th, 2026 at 8 a.m. ET Fourth quarter 2026 – Wednesday, January 20th, 2027 at 10 a.m. ETThe financial results are sched ...

Banco Latinoamericano de Comercio Exterior (BLX) Q1 2025 Earnings Call May 06, 2025 11:00 AM ET Company Participants Jorge L. Salas Taurel - CEOAnnette van Hoorde - EVP & CFOInigo Vega - Managing DirectorSamuel Canineu - EVP- Commercial BankingRicardo Buchpiguel - Equity Research Director Operator Good morning, ladies and gentlemen, and welcome to Bladex First Quarter twenty twenty five Earnings Conference Call. A slide presentation is accompanying today's webcast and is also available on the Investors sect ...

Financial Data and Key Metrics Changes - The commercial loan portfolio reached $10.7 billion, reflecting a 6.5% increase quarter over quarter and a 23% increase year over year [5] - Net interest income totaled $65.3 million, with a net interest margin of 2.36%, remaining resilient and in line with guidance [6][19] - Deposits rose to $5.9 billion, up 8% quarter over quarter and 24% year over year, representing almost 60% of total funding [5][15] - Net income for the quarter was $51.7 million, with a return on equity of 15.4% [7][25] Business Line Data and Key Metrics Changes - The total loan portfolio reached a record $8.7 billion, up 18% year over year and 4% quarter over quarter [10] - The contingency portfolio, including letters of credit and guarantees, grew to nearly $2 billion, up 20% quarter over quarter and 49% year over year [11] - Fee income totaled $10.6 million, up 12% year over year, with letters of credit generating $6.7 million in fees [6][20] Market Data and Key Metrics Changes - Strong performance was noted in Argentina, Mexico, and Guatemala, contributing to the growth of the loan portfolio [5][11] - The bank maintained a strong liquidity position with $1.9 billion in liquid assets, representing 15% of total assets [12] Company Strategy and Development Direction - The company is focused on building a robust and diversified pipeline with long-standing clients, particularly in sectors less exposed to tariff discussions [4] - A proactive commercial execution strategy is in place, supported by close client relationships and deep local market insights [4] - The company aims to maintain its full-year guidance despite global uncertainties, emphasizing prudent execution and long-term value creation [31] Management's Comments on Operating Environment and Future Outlook - The global economic environment has shifted, leading to increased uncertainty and potential impacts on growth forecasts [27] - Latin America remains relatively insulated from direct tariff effects, with opportunities to benefit from shifts in global supply chains [29] - The company is well-positioned to manage exposures and capitalize on arising opportunities, with only 15% of its trade finance portfolio linked to the US [30] Other Important Information - The capital ratio remains strong at above 15%, with a quarterly dividend of $0.0625 per share approved, reflecting confidence in earnings outlook [8][18] - The efficiency ratio improved to 26.9%, down from 29.2% in the prior quarter, indicating effective cost management [22] Q&A Session Summary Question: What is driving the increase in operating costs, and what can be expected going forward? - The increase in costs is mainly due to headcount growth, IT investments, and consulting fees tied to the execution of the strategic plan. The pace of hiring is expected to decelerate moving forward [34][36] Question: Can you comment on the growth in the commercial book and its sustainability? - The off-balance sheet growth was higher than expected, driven by the oil and gas sector in Argentina. The company anticipates continued growth in letters of credit, supported by a robust pipeline [40][45] Question: Can you elaborate on the impact of high volatility on spreads and potential upside risks to NIM guidance? - The company has maintained lending margins above December 2024 levels despite competitive pricing. Active balance sheet management and a strong pipeline are expected to benefit margins moving forward [56][62] Question: Why did the letters of credit business show a decrease in fee income despite growth in the balance? - The increase in balance occurred towards the end of the quarter, with income benefits expected to reflect more in the second quarter. The dynamics of commitments and letters of credit are expected to normalize [58][60]

State of the art museum with interactive exhibits highlights the bank's 200-year history and shows that yesterday, today, and tomorrow, Key will be here to serve clients and communitiesCLEVELAND, April 30, 2025 /PRNewswire/ -- Today, as part of its bicentennial celebration, KeyBank (NYSE: KEY) held a grand opening at its new Heritage Center in Cleveland. As part of the celebration, KeyCorp Chairman and CEO Chris Gorman took part in a ribbon cutting with Key teammates and local dignitaries. L to R: Cuyah ...

Revenue of $1.8 billion, up 16% year-over-year; noninterest expense down 1% year-over-year Net interest income up 4% quarter-over-quarter Improved credit metrics - nonperforming assets declined by 9% and net charge-offs by 4% quarter-over-quarter Common equity tier 1 ratio of 11.8%, up ~150 basis points year-over-year CLEVELAND, April 17, 2025 /PRNewswire/ -- KeyCorp (NYSE: KEY) today announced net income from continuing operations attributable to Key common shareholders of $370 million, or $.33 per diluted ...