KeyCorp (KEY)

KeyCorp's stock (KEY) has experienced movements and analyst activities. As of October 6, 2025, the share price was $18.88, a 12.72% increase from September 30, 2024, and up 38.31% over the past six months. Several financial institutions adjusted their ratings and price targets for KeyCorp. In September 2025, KeyCorp lowered its prime lending rate to 7.25 percent. In March 2025, KeyCorp announced a share repurchase program, authorizing the purchase of up to $1.0 billion of its common shares. The company's 2024 Annual Report noted a 25% total shareholder return for 2024.

The banking industry, including KeyCorp, experiences seasonal trends in loan volume and investment service demand. Demand for loans typically hits annual lows in late January and February, surges from March through May, and peaks in early June. Demand remains relatively flat through the summer. From early October through early January, the financial services sector generally sees a steady increase in business. Spring is a prime home-buying season, leading to increased mortgage applications. There is increased demand for investment services in December and early January as portfolio managers and individuals make year-end adjustments.

KeyCorp, headquartered in Cleveland, Ohio, operates through KeyBank National Association, providing financial solutions to individuals, small businesses, mid-sized businesses, large corporations, and government entities. The company operates through two primary business segments: Consumer Bank and Commercial Bank. Consumer Bank offers deposits and accounts, lending services, mortgage services, digital banking platforms, and wealth management. Commercial Bank provides commercial lending, treasury and payment solutions, capital markets, real estate capital, and risk management products.

KeyCorp's banking footprint spans 15 to 16 states, with a significant concentration in Ohio and New York. The company operates through approximately 1,000 branches and over 40,000 KeyBank and Allpoint ATMs. Commercial banking offices are located across the United States.

KeyCorp is celebrating its bicentennial in 2025, marking 200 years of service. The company's 2024 Corporate Responsibility Report highlights its commitment to responsible banking, citizenship, and operations. KeyCorp has been listed in Forbes' "America's Best Companies (2025) Banking and Financial Services" and "America's Most Cybersecure Banks (2024)". Shareholder support for KeyCorp's executive compensation packages fell due to proxy advisory firms recommending against it.

KeyCorp's stock ownership is predominantly institutional, with approximately 87% to 88.52% held by institutional shareholders. Insiders hold around 15.17% to 15.88% of the shares. Retail investors hold a smaller percentage. Major institutional owners include Bank Of Nova Scotia, Vanguard Group Inc, BlackRock, Inc., Price T Rowe Associates Inc /md/, State Street Corp, and Fmr Llc. The Bank of Nova Scotia is identified as the largest individual KeyCorp shareholder.