Access comprehensive financial analyses and make smarter investments - get the Manual of Investments on Amazon!

KEY

KeyCorp Reports Strong Financial Growth

KeyCorp has reported several significant changes in its financial metrics compared to the previous period.

From 2024 to 2025, the company experienced a 7% increase in noninterest income growth year over year. Additionally, the company saw a 5% growth in commercial loans year to date and a 2% growth in client deposits and net new relationship household growth year over year.

In the first half of 2025, KeyCorp reported a 26% increase in net interest income, a 7% increase in noninterest income, and an 18% increase in total revenue compared to the same period in 2024. The company also achieved a 27% return on tangible common equity, marking a 204 basis points increase year over year.

The company's net interest income sensitivity has improved compared to peers, with an "up 200" net interest income sensitivity key versus peers.

KeyCorp's fee-based operating leverage has been positive, with a meaningful increase in tech investments focused on positioning the company for growth and innovation.

The company's investment banking and debt placement fees increased by 19% in the first half of 2025, and it is expected to grow at approximately 2-3 times real GDP annually.

In terms of wealth management, KeyCorp saw a 9% compound annual growth rate in assets under management for the period, reflecting a valuable and recurring source of fees and deposits.

KeyCorp's commercial payments capabilities have also seen growth, with the company delivering one of the broadest platforms of banking and software-based capabilities in the market. The core treasury fees from commercial deposits increased from 60 to 71 basis points, reflecting meaningful growth opportunities in this segment.

The market has reacted to these announcements by moving the company's shares 0.42% to a price of $18.89. Check out the company's full 8-K submission here.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

IN FOCUS