Keycorp · NYSE:KEY
Keycorp — Keycorp /New/ — Morgan Stanley U.S. Financials Conference 2025
8 slides from Keycorp's conference presentation, Jun 10, 2025
Slide 1: KeyCorp Morgan Stanley U.S. Financials Conference
KeyCorp Morgan Stanley U.S. Financials Conference June 11, 2025 Ken Gavrity Head of the Commercial Bank
Slide 2: Commercial Banking: Relevance to Total KeyCorp
Commercial Banking: Relevance to Total KeyCorp Middle Market Total Revenue 27 Markets ➔ Strong coverage across top Middle Market MSAs ~4.6K customers ➔ 98% of deposits attached to an operating account 94% have at least 1 non-lending product with Key National Footprint ➔ ~8.3K Commercial Clients 95%
Slide 3: A Purpose-Built Platform for Middle Market Clients
A Purpose-Built Platform for Middle Market Clients 3 A multi-decade journey to create a platform tailored to the needs of Middle Market clients… …with significant opportunity given our <5% market penetration 1998 2014 2022 2023 Acquisition of McDonald Investments Build out of Middle Market Investmen
Slide 4: A Clear Value Proposition that Resonates
A Clear Value Proposition that Resonates Our targeted, full-service platform is delivered seamlessly through a unique relationship-based approach 4 Capabilities Scaled Holistic Platform (Commercial Payments, Capital Markets, and Wealth) Industry Expertise Integrated Delivery Model Regional Banks Tri
Slide 5: Holistic Payments Platform with Growth Tailwinds
Holistic Payments Platform with Growth Tailwinds 5 Deeply Embedded in the Fintech Ecosystem Full Suite of Commercial Payments Capabilities Delivering one of the broadest platforms of banking and software-based capabilities in the market 325% Growth in API Clients(1) 71% Growth in Embedded Banking Cl
Slide 6: Commercial Banking: Then and Now
Commercial Banking: Then and Now ~$13 ~$18 2019 2024 81% ~89% 2019 2024 ~4.2 ~4.6 2019 2024 ~$800MM >$1.0Bn 2019 2024 Revenue(1) Deposits (Bn) % Operating Deposits Clients (Thousands) +24% +38% ~800bps +8% 6 (1) Excludes the allocated impact of securities portfolio and swaps; (2) “Add’tl Gross Fees”
Slide 7: Investing in Strategic Areas to Scale the Business
Investing in Strategic Areas to Scale the Business Continuing to Build Our Brand of Expertise and Service 7 Progress: Recent expansion into Chicago and Southern California Progress: 77% of total Commercial deposits are operating deposits Progress: ~25% growth in business- focused risk team(1) • Attr
Slide 8: Forward-looking statements
This document 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 identi
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