Keycorp · NYSE:KEY
Keycorp — BancAnalysts Association of Boston Conference 2016
10 slides from Keycorp's conference presentation, Nov 3, 2016
Slide 1: KeyCorp: Focused Forward
BancAnalysts Association of Boston Conference November 3, 2016 KeyCorp Focused Forward Chris Gorman Don Kimble Merger Integration Executive Chief Financial Officer
Slide 2: Forward-Looking Statements and Additional Information
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
Slide 3: Key: Who We Are
Key: Who We Are A Relationship-focused Bank Business Broad Product Set and Targeted Diversity Industry Expertise Clients Key Community Consumers Bank Deposits Payments Wealth Mgmt. Advice & Expertise Small businesses Middle market Key Corporate Lending Investments Capital Markets Large corporate Ban
Slide 4: Leading Market Share: Strengthening our Geographic Presence
Strengthening our Geographic Presence FNFG acquisition strengthens Key’s brand and presence in shared markets while adding complementary new markets Leading market share in Albany, Buffalo, Rochester, and Syracuse (b) Top 5 market New markets share MSA within of Pittsburgh, Key’s footprint Philadelp
Slide 5: Highly Coordinated, Large-scale Conversion
Highly Coordinated, Large-scale Conversion 1 million new clients 2,000+ KEY+FNFG team members 15,000 test scripts >1 billion check & statement 3 million images loaded to online banking new square footage of real estate >5,000 300+ sign replacements new branches 70 >400 branch new ATMs consolidations
Slide 6: Positioning Employees for Success at Key
Positioning Employees for Success at Key Focused on winning the hearts and minds of employees Treat employees with respect Communicate clearly, consistently and candidly Early commitment to client-facing talent – Job offers to all client-facing talent >500 95% leaders completed in-market retention o
Slide 7: Retaining and Expanding Client Relationships
Retaining and Expanding Client Relationships Keeping the client at the center of all we do Deep understanding of FNFG customer Calling Days base -- client-by-client, product-by-product Coordinated, multi-day calling effort, focused on commercial clients throughout First Niagara’s markets Comprehensi
Slide 8: Creating Long-term Value
Creating Long-term Value Focused on long-term growth, delivering on commitments Core Business Momentum Key stand-alone growth (a) Average Average Noninterest Strong 3Q16 Performance in Loans Deposits Income Community Bank and Corporate Bank Positive operating leverage: 9 of past 11 quarters +5% +9%
Slide 9: Significant Revenue Opportunity
Significant Revenue Opportunity Revenue synergies present incremental growth opportunity Noninterest Income, Comparative Revenue Productivity (a) % of Total Revenue (2Q16) Fee Income Opportunity ~3x ~3x ~2x 23% 44% FNFG KEY Payments Commercial Investment Mgmt. Fee Income / Loan Deposits / Loan Fees
Slide 10: Focused Forward: Delivering on Commitments
Focused Forward Delivering on Commitments Driving Positive Operating Leverage Cost savings of $400 MM Investing in and Growing our Businesses Cash efficiency improves ~300 bps Integrating First Niagara, Achieving Financial Targets ROTCE ~2000 bps higher IRR of ~15%; ROIC >10% Maintaining Moderate Ri
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