• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Dashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlerts
    Company
    AboutQuantisnow PlusContactJobs
    Legal
    Terms of usePrivacy policyCookie policy

    KeyCorp filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

    4/17/25 6:30:21 AM ET
    $KEY
    Major Banks
    Finance
    Get the next $KEY alert in real time by email
    key-20250417
    false000009157600000915762025-04-172025-04-170000091576us-gaap:CommonStockMember2025-04-172025-04-170000091576us-gaap:SeriesEPreferredStockMember2025-04-172025-04-170000091576us-gaap:SeriesFPreferredStockMember2025-04-172025-04-170000091576us-gaap:SeriesGPreferredStockMember2025-04-172025-04-170000091576us-gaap:SeriesHPreferredStockMember2025-04-172025-04-17

    UNITED STATES SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549
     
    FORM 8-K
     

    CURRENT REPORT
    Pursuant to Section 13 or 15(d)
     of the Securities Exchange Act of 1934
    Date of Report (Date of earliest event reported): April 17, 2025
     
    KeyCorp
    keylogoa11.jpg
    (Exact name of registrant as specified in its charter)
     
    Ohio
    001-11302
    34-6542451
    State or other jurisdiction of incorporation or organization:Commission File NumberI.R.S. Employer Identification Number:
    127 Public Square,
    Cleveland,
    Ohio
    44114-1306
    Address of principal executive offices:Zip Code:

    (216) 689-3000
    Registrant’s telephone number, including area code:
    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
    ☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
    ☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
    ☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
    ☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

    Securities Registered Pursuant to Section 12(b) of the Act:



    Title of each classTrading Symbol(s)Name of each exchange on which registered
    Common Shares, $1 par value
    KEY
    New York Stock Exchange
    Depositary Shares (each representing a 1/40th interest in a share of Fixed-to-Floating Rate Perpetual Non-Cumulative Preferred Stock, Series E)
    KEY PrI
    New York Stock Exchange
    Depositary Shares (each representing a 1/40th interest in a share of Fixed Rate Perpetual Non-Cumulative Preferred Stock, Series F)
    KEY PrJ
    New York Stock Exchange
    Depositary Shares (each representing a 1/40th interest in a share of Fixed Rate Perpetual Non-Cumulative Preferred Stock, Series G)
    KEY PrK
    New York Stock Exchange
    Depositary Shares (each representing a 1/40th interest in a share of Fixed Rate Reset Perpetual Non-Cumulative Preferred Stock, Series H)KEY PrL
    New York Stock Exchange
    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

        Emerging growth company ☐

    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐




    Item 2.02     Results of Operations and Financial Condition.

        On April 17, 2025, KeyCorp issued a press release announcing its financial results for the three-month periods ended March 31, 2025 (the “Press Release”), and posted on its website its first quarter 2025 Supplemental Information Package (the “Supplemental Information Package”). The Press Release and Supplemental Information Package are being furnished as Exhibit 99.1 and Exhibit 99.2, respectively.

    The information in the preceding paragraph, as well as Exhibit 99.1 and Exhibit 99.2 referenced therein, shall not be deemed “filed” for purposes of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), nor shall it be incorporated by reference in any filing under the Securities Act of 1933, as amended (the “Securities Act”).

        KeyCorp’s Consolidated Balance Sheets and Consolidated Statements of Income (collectively, the “Financial Statements”), included as part of the Press Release, are filed as Exhibit 99.3 to this report. Exhibit 99.3 is deemed “filed” for purposes of Section 18 of the Exchange Act and, therefore, may be incorporated by reference in filings under the Securities Act.

    Item 9.01     Financial Statements and Exhibits.

    (d)    Exhibits

    The following exhibits are furnished, or filed in the case of Exhibit 99.3, herewith:

    99.1    Press Release, dated April 17, 2025, announcing financial results for the three-month period ended March 31, 2025

    99.2    Supplemental Information Package reviewed during the conference call and webcast.

    99.3    Financial Statements.

    104    Cover Page Interactive Data File (embedded within the Inline XBRL document).



    SIGNATURE
    Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
    KEYCORP
    (Registrant)
    Date: April 17, 2025/s/ Stacy L. Gilbert
    By: Stacy L. Gilbert
    Chief Accounting Officer


    Get the next $KEY alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $KEY

    DatePrice TargetRatingAnalyst
    4/7/2025$18.00Neutral → Outperform
    Robert W. Baird
    3/10/2025$20.00Neutral → Buy
    Citigroup
    2/3/2025$18.50Neutral
    Analyst
    11/7/2024$19.00Buy → Neutral
    Citigroup
    10/14/2024$18.00 → $17.00Outperform → Neutral
    Robert W. Baird
    7/8/2024$16.00 → $15.00Buy → Neutral
    UBS
    1/9/2024$10.00 → $17.00Hold → Buy
    Jefferies
    1/8/2024Mkt Perform
    Raymond James
    More analyst ratings

    $KEY
    Leadership Updates

    Live Leadership Updates

    See more
    • KEYCORP ANNOUNCES APPOINTMENT OF MOHIT RAMANI AS CHIEF RISK OFFICER

      CLEVELAND, Jan. 15, 2025 /PRNewswire/ -- KeyCorp (NYSE:KEY) announced that Mohit (Mo) Ramani will join Key as Chief Risk Officer (CRO), effective January 23, 2025. "I am very pleased to welcome Mo to Key," said Chris Gorman, Chairman and Chief Executive Officer of KeyCorp. "I am confident that with Mo's leadership, experience, and expertise we will continue to elevate our risk management practices and culture, further enabling strong, profitable growth for Key." Mo joins Key from Truist Financial Corporation where he has served in increasingly senior roles since 2016, most recently, as Deputy Chief Risk Officer. Prior to joining Truist, Mo played a variety of leadership roles with firms such

      1/15/25 8:00:00 AM ET
      $KEY
      Major Banks
      Finance
    • KeyBank Appoints Robert Weiss to Lead Family Wealth Business

      CLEVELAND, Jan. 6, 2025 /PRNewswire/ -- KeyCorp (NYSE:KEY) announced that Robert Weiss has joined the company as Head of Key Family Wealth where he will collaborate across the enterprise to grow the ultra-high net worth client segment. He is based in New York City and reports to Key Wealth President Joe Skarda. "Robert is a proven leader in the wealth management industry," said Skarda. "He brings a high level of expertise, values and client dedication aligned with our approach and overall strategy. I am confident he will deliver value for our business, clients and teams."  "I am pleased to join Key Wealth at a time of tremendous growth," said Weiss. "The industry-leading capabilities that Jo

      1/6/25 10:00:00 AM ET
      $KEY
      Major Banks
      Finance
    • KEYCORP ANNOUNCES STACY L. GILBERT TO SUCCEED DOUGLAS M. SCHOSSER AS CHIEF ACCOUNTING OFFICER

      CLEVELAND, Feb. 26, 2024 /PRNewswire/ -- KeyCorp (NYSE:KEY) announced that Douglas M. Schosser, currently Chief Accounting Officer, will be leaving the company to pursue a senior executive position at another company, effective March 15, 2024. Stacy L. Gilbert will succeed him as KeyCorp's Chief Accounting Officer at that time. Stacy has served as Corporate Controller of KeyCorp since August 2023. She previously served as Assistant Corporate Controller and Senior Director of External Reporting and Accounting Policy. Stacy first joined Key in 2002, holding a variety of accounting roles, before leaving to join FirstMerit Corporation in 2008. She re-joined Key in 2016. "I would like to congratu

      2/26/24 7:30:00 AM ET
      $KEY
      Major Banks
      Finance

    $KEY
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Director Allard Jacqui bought $2,525 worth of shares (180 units at $14.03) (SEC Form 4)

      4 - KEYCORP /NEW/ (0000091576) (Issuer)

      4/23/25 5:21:37 PM ET
      $KEY
      Major Banks
      Finance
    • Director Tobin Richard J bought $10,380 worth of shares (750 units at $13.84) (SEC Form 4)

      4 - KEYCORP /NEW/ (0000091576) (Issuer)

      4/23/25 5:19:14 PM ET
      $KEY
      Major Banks
      Finance
    • Director Khanna Somesh bought $1,387 worth of shares (100 units at $13.87) (SEC Form 4)

      4 - KEYCORP /NEW/ (0000091576) (Issuer)

      4/23/25 5:17:21 PM ET
      $KEY
      Major Banks
      Finance

    $KEY
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Director Allard Jacqui bought $2,525 worth of shares (180 units at $14.03) (SEC Form 4)

      4 - KEYCORP /NEW/ (0000091576) (Issuer)

      4/23/25 5:21:37 PM ET
      $KEY
      Major Banks
      Finance
    • Director Tobin Richard J bought $10,380 worth of shares (750 units at $13.84) (SEC Form 4)

      4 - KEYCORP /NEW/ (0000091576) (Issuer)

      4/23/25 5:19:14 PM ET
      $KEY
      Major Banks
      Finance
    • Director Khanna Somesh bought $1,387 worth of shares (100 units at $13.87) (SEC Form 4)

      4 - KEYCORP /NEW/ (0000091576) (Issuer)

      4/23/25 5:17:21 PM ET
      $KEY
      Major Banks
      Finance

    $KEY
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • SEC Form SC 13G/A filed by KeyCorp (Amendment)

      SC 13G/A - KEYCORP /NEW/ (0000091576) (Subject)

      2/13/24 5:07:58 PM ET
      $KEY
      Major Banks
      Finance
    • SEC Form SC 13G/A filed by KeyCorp (Amendment)

      SC 13G/A - KEYCORP /NEW/ (0000091576) (Subject)

      2/9/24 6:05:54 PM ET
      $KEY
      Major Banks
      Finance
    • SEC Form SC 13G/A filed by KeyCorp (Amendment)

      SC 13G/A - KEYCORP /NEW/ (0000091576) (Subject)

      2/13/23 3:54:30 PM ET
      $KEY
      Major Banks
      Finance

    $KEY
    SEC Filings

    See more
    • SEC Form DEFA14A filed by KeyCorp

      DEFA14A - KEYCORP /NEW/ (0000091576) (Filer)

      5/7/25 2:40:59 PM ET
      $KEY
      Major Banks
      Finance
    • SEC Form 10-Q filed by KeyCorp

      10-Q - KEYCORP /NEW/ (0000091576) (Filer)

      5/6/25 4:01:38 PM ET
      $KEY
      Major Banks
      Finance
    • KeyCorp filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

      8-K - KEYCORP /NEW/ (0000091576) (Filer)

      4/17/25 6:30:21 AM ET
      $KEY
      Major Banks
      Finance

    $KEY
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more

    $KEY
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • KeyCorp upgraded by Robert W. Baird with a new price target

      Robert W. Baird upgraded KeyCorp from Neutral to Outperform and set a new price target of $18.00

      4/7/25 8:41:57 AM ET
      $KEY
      Major Banks
      Finance
    • KeyCorp upgraded by Citigroup with a new price target

      Citigroup upgraded KeyCorp from Neutral to Buy and set a new price target of $20.00

      3/10/25 7:36:45 AM ET
      $KEY
      Major Banks
      Finance
    • Analyst resumed coverage on KeyCorp with a new price target

      Analyst resumed coverage of KeyCorp with a rating of Neutral and set a new price target of $18.50

      2/3/25 9:35:58 AM ET
      $KEY
      Major Banks
      Finance
    • KEY WEALTH RECOGNIZED WITH TWO AWARDS AT THE 2025 FAMILY WEALTH REPORT AWARDS

      CLEVELAND, May 9, 2025 /PRNewswire/ -- Key Family Wealth, the multi-family office division of Key Wealth, was named "Best Family Wealth Solution" for its enhanced legacy planning services at the 2025 Family Wealth Report (FWR) awards. Cathy O'Malley Kearney, national head of Key Private Bank, was also recognized with a leadership award, 'Woman in Wealth Banking' for her leadership in the wealth management industry. The annual FWR awards recognizes the most innovative and exceptional firms, teams and individuals serving the family office, family wealth and trusted advisor commu

      5/9/25 9:28:00 AM ET
      $KEY
      Major Banks
      Finance
    • KeyBank's Certified Cash Flow Advisor Program Transforms Business Banking Through Expert Consultation

      The program empowers business owners to navigate the complexities of their financial operations. CLEVELAND, May 5, 2025 /PRNewswire/ -- KeyBank (NYSE:KEY) has introduced the Certified Cash Flow Advisor Program, marking a significant advancement in its commitment to deliver differentiated solutions and advice for small-to-midsize businesses. The certification program is reshaping business banking by focusing on a consultative approach that empowers owner-operators in addressing their complex financial needs. Launched in 2024, the Program arms KeyBank professionals with a framew

      5/5/25 9:06:00 AM ET
      $KEY
      Major Banks
      Finance
    • KeyBank Heritage Center Opens to Celebrate Bank's Bicentennial and Commitment to Communities it Serves

      State of the art museum with interactive exhibits highlights the bank's 200-year history and shows that yesterday, today, and tomorrow, Key will be here to serve clients and communities CLEVELAND, April 30, 2025 /PRNewswire/ -- Today, as part of its bicentennial celebration, KeyBank (NYSE:KEY) held a grand opening at its new Heritage Center in Cleveland. As part of the celebration, KeyCorp Chairman and CEO Chris Gorman took part in a ribbon cutting with Key teammates and local dignitaries. "The opening of the KeyBank Heritage Center is a centerpiece of our bicentennial celebra

      4/30/25 3:30:00 PM ET
      $KEY
      Major Banks
      Finance

    $KEY
    Financials

    Live finance-specific insights

    See more
    • KEYCORP REPORTS FIRST QUARTER 2025 NET INCOME OF $370 MILLION, OR $.33 PER DILUTED COMMON SHARE

      Revenue of $1.8 billion, up 16% year-over-year; noninterest expense down 1% year-over-year Net interest income up 4% quarter-over-quarter Improved credit metrics - nonperforming assets declined by 9% and net charge-offs by 4% quarter-over-quarter Common equity tier 1 ratio of 11.8%, up ~150 basis points year-over-year CLEVELAND, April 17, 2025 /PRNewswire/ -- KeyCorp (NYSE:KEY) today announced net income from continuing operations attributable to Key common shareholders of $370 million, or $.33 per diluted common share for the first quarter of 2025. For the fourth quarter of 2024, KeyCorp reported a net loss from continuing operations attributable to Key common shareholders of $(279) million

      4/17/25 6:30:00 AM ET
      $KEY
      Major Banks
      Finance
    • KEYCORP TO PRESENT AT THE BANK OF AMERICA SECURITIES 2025 FINANCIAL SERVICES CONFERENCE

      CLEVELAND, Jan. 31, 2025 /PRNewswire/ -- KeyCorp (NYSE:KEY) announced today that Chris Gorman, Chairman and Chief Executive Officer, will speak at the Bank of America Securities 2025 Financial Services Conference on Tuesday, February 11, 2025, at 8:00 a.m. ET in Miami. KeyCorp plans to review its performance, strategy, and outlook, and the discussion may include forward-looking statements and other material information. The live audio webcast of the conference call will be available at www.key.com/ir. If you are unable to join the live webcast, or wish to hear a re-broadcast, access www.key.com/ir and select Events & Presentations. ABOUT KEYCORPIn 2025, KeyCorp celebrates its bicentennial, m

      1/31/25 9:00:00 AM ET
      $KEY
      Major Banks
      Finance
    • KEYCORP REPORTS FOURTH QUARTER 2024 NET LOSS OF $(279) MILLION, OR $(.28) PER DILUTED COMMON SHARE, AND ADJUSTED NET INCOME OF $378 MILLION, OR $.38 PER DILUTED COMMON SHARE(a)

      Revenue of $865 million; Adjusted for selected items(a), revenue up 16% year-over-year Net interest income up 10% linked quarter Momentum across investment banking, payments, and wealth management fees up 27% year-over-year Common Equity Tier 1 ratio increased 120 basis points quarter-over-quarter to 12%(b) CLEVELAND, Jan. 21, 2025 /PRNewswire/ -- KeyCorp (NYSE:KEY) today announced a net loss from continuing operations attributable to Key common shareholders of $(279) million, or $(.28) per diluted common share, or adjusted net income of $378 million or $.38 per diluted common share(a), for the fourth quarter of 2024. Included in the fourth quarter of 2024 are $(657) million, or $(.66) per d

      1/21/25 6:30:00 AM ET
      $KEY
      Major Banks
      Finance