Keycorp · NYSE:KEY
Keycorp — Keycorp /New/ — 2023 RBC Capital Markets Financial Institutions Conference
6 slides from Keycorp's conference presentation, Mar 6, 2023
Slide 1: 2023 RBC Capital Markets Financial Institutions Conference
Clark Khayat Executive Vice President and Chief Strategy Officer Don Kimble Vice Chairman and Chief Financial Officer 2023 RBC Capital Markets Financial Institutions Conference Exhibit 99.1
Slide 2: Forward-looking Statements and Additional Information
This communication contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 including, but not limited to, KeyCorp’s expectations or predictions of future financial or business performance or conditions. Forward-looking statements are typically i
Slide 3: Driving Sound, Profitable Growth
Expecting relatively stable expenses despite the impact of inflation and continued strategic investments, via cost reductions in: Personnel Non-revenue generating roles Continued investment in client-facing roles, including relationship bankers Professional Services Consulting services Contract rene
Slide 4: Appendix
Appendix
Slide 5: 2023 Outlook
2023 Outlook FY 2023 (vs. FY 2022) 5 Average Balance Sheet Loans: up 6% - 9% Deposits: flat to down 2% Net Interest Income (TE) Net interest income: Updated guidance: up 1% - 4% (assumes a cumulative beta in the mid- to high 30s(1)) x Prior guidance: up 6% - 9% Noninterest Income Noninterest income:
Slide 6: Net Interest Income Opportunities
WA Receive Rate on Maturities Net Interest Income Opportunities $ in billions Recent ALM Hedge Actions(2) $ in billions Future Net Interest Income Drivers Organic Growth Focus on relationship banking - driving loans and deposits Investment Portfolio Positioned to provide liquidity and enhance return
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