KEY news

Law firm Squire Patton Boggs counsel to KeyCorp for a $1 billion Notes offering. The firm provided a formal legal opinion regarding the Notes in an Exhibit 5.1 filing.

KeyCorp reported a net income of $537 million, up 24% year-over-year, driven by a record $2.04 billion in revenue and expanded margins despite deposit growth outpacing loan growth.

KeyCorp presented a detailed overview of its business model and financial highlights, reaffirming its commitment to a disciplined growth strategy. The company demonstrated peer-leading capital positions and investor confidence heading into 2027-2030.

CFO Khayat raised FY2026 revenue guidance to up ~8% as cost controls and a 9-12% rise in net interest income drive stronger profitability. The outlook targets 16-19% ROTCE and a 4Q27 mark-to-market CET1 of 15%+.

KeyCorp reported $1.96 billion in revenue and $472 million in net income for Q2 2026, marking a 7% and 26% year-over-year increase, respectively. The company also announced nearly $340 million in share buybacks.

KeyCorp entered into a new distribution agreement dated June 10, 2026 with Goldman Sachs and other agents for issuing Senior and Subordinated Medium-Term Notes. The agreement replaces the prior June 2023 distribution agreement and establishes terms for ongoing debt capital market activities.

Ernst & Young LLP consented to the incorporation by reference of its audit report for KeyCorp's consolidated financial statements across multiple Form S-3 and S-8 registration statements. This is a routine regulatory filing confirming auditor consent for securities offerings and employee benefit pla…

KeyCorp held investor meetings in Europe highlighting its strong foundation with $189B in assets, sticky deposits, and a diversified business model. The company is positioned for future growth through targeted scale in investment banking, payments, wealth management, and commercial real estate with …