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09:00
Jul 21
KEY
Management raised full-year guidance across multiple metrics, citing strong business momentum, commercial loan growth, and robust pipelines, signaling confidence in continued outperformance.
"We have increased our full year guidance with respect to net interest income, revenue, and loan growth. Our guidance implies substantial positive operating leverage."
KEY WATCH
HIGH
10:00
Apr 16
KEY BX APO
KeyCorp raised NII and loan guidance for 2026, citing broad-based commercial loan growth, record investment banking fees, and improving net interest margin trajectory.
"our strong first quarter performance demonstrates disciplined execution and significant momentum as we continue to deliver on our commitments"
KEY WATCH
Private credit redemptions are causing some alternative lenders to pull back, creating an opportunity for banks to re-intermediate lending. — If private credit retrenches, banks like KeyCorp and larger peers may win back market share in commercial lending, potentially improving loan spreads and volumes.
"some of the private credit players, obviously, in light of redemptions, are not in the market the way they have been"
BX WATCH APO WATCH
HIGH
08:00
Jan 20
KEY GS BLK DG
Management expresses strong confidence in revenue growth outpacing expenses, supported by net interest income tailwinds, fee business momentum, and capital return plans.
"I am highly confident we will grow revenues at a high single-digit rate this year, with expenses growing approximately half that rate, indicating substantial operating leverage again this year."
KEY WATCH
KeyCorp CEO references a prior discussion at Goldman Sachs, indicating engagement with the investment bank but no material business relationship.
"I think I was unambiguous about our capital priorities at Goldman."
GS WATCH
KeyCorp nominates a former BlackRock executive to its board, adding expertise in capital allocation and public markets.
"Tony DiSperito most recently served as global chief investment officer for fundamental equities at BlackRock."
BLK WATCH
Dollar General's CEO becomes lead independent director of KeyCorp, indicating a governance change.
"Todd Vasos, who currently serves as the CEO of Dollar General."
DG WATCH
HIGH