KeyCorp (KEY)

KeyCorp's stock (KEY) has experienced an increase in the past six months. KeyCorp reported a net income of $454 million in Q3 2025. KeyCorp lowered its prime lending rate to 7.25% and then to 7.00% in September and October 2025, respectively. KeyCorp's share price experienced a dip in August 2025 due to a broader pullback across the banking sector. In the third quarter of 2024, KeyCorp announced a $2.8 billion equity raise. Analyst ratings for KeyCorp varied in late 2025 and early 2026.

The banking industry experiences seasonal trends, with loan demand typically lowest in January and February, increasing in March, and peaking in August or September. For KeyCorp specifically, loan demand was described as "tepid" in the fourth quarter of 2024, with average commercial and consumer loan balances decreasing. The company noted "higher seasonal transactions in debit and credit cards" in Q2 2024. Investment banking and capital markets are anticipated to see growth in 2026, while growth in payments could be negatively impacted by decreased consumer spending.

KeyCorp is a financial services company operating through KeyBank National Association. It operates in the Financial Services sector and Major Banks industry, with a diversified business model encompassing retail banking for consumers and small businesses, as well as a Commercial Bank and KeyBanc Capital Markets division for middle-market and institutional clients. Its services include retail and commercial banking, investment management, commercial leasing and finance, and corporate and investment banking.

KeyCorp operates in 15 states across the United States through KeyBank National Association branches and ATMs. Headquartered in Cleveland, Ohio, it has a historical presence that includes expansion into non-traditional markets. As of September 30, 2025, KeyCorp had approximately 1,000 full-service branches and over 40,000 KeyBank and Allpoint ATMs.

KeyCorp has engaged in community-focused programs to enhance its brand reputation. Forbes has recognized KeyCorp among "America's Most Cybersecure Banks (2024)" and "America's Best Banks (2023)." KeyCorp has an opportunity to improve its performance in sustainability.

KeyCorp's common stock is predominantly held by institutional investors, who own approximately 77.93% to 91.03% of the company. Major institutional shareholders include Bank Of Nova Scotia, Vanguard Group Inc, BlackRock, Inc., Price T Rowe Associates Inc /md/, State Street Corp, Fmr Llc, and Wellington Management Group Llp. Insider ownership accounts for approximately 15.15% of the company's stock.