Keycorp · NYSE:KEY
Keycorp — 2023 RBC Capital Markets Financial Institutions Conference
6 slides from Keycorp's conference presentation, Mar 7, 2023
Slide 1: 2023 RBC Capital Markets Financial Institutions Conference
2023 RBC Capital Markets Financial Institutions Conference Clark Khayat Don Kimble Executive Vice President Vice Chairman and and Chief Strategy Officer 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: Driving Sound, Profitable Growth
Driving Sound, Profitable Growth Relationship-based business model and targeted scale strategy position Key to deliver sound, profitable growth Balance Sheet Tailwinds Prudent Expense Management Strong Credit Quality ▪ Repricing opportunity: More than ~$22Bn of ▪ Expecting relatively stable expenses
Slide 4: Appendix
Appendix
Slide 5: 2023 Outlook
2023 Outlook FY 2023 (vs. FY 2022) • Loans: up 6% - 9% Average Balance Sheet • Deposits: flat to down 2% • Net interest income: Updated guidance: up 1% - 4% (assumes a cumulative beta in the mid- to high 30s(1)) Net Interest Income (TE) x Prior guidance: up 6% - 9% Noninterest Income • Noninterest i
Slide 6: Net Interest Income Opportunities
Net Interest Income Opportunities Actively managing downside risk while maintaining significant upside potential ALM Interest Rate Swap Maturities(1) Short-term Treasury Maturities $ in billions $ in billions WA yield on portfolio: 0.43% $3.0 $3.5 $2.4 $2.9 $2.3 $3.0 $2.6 $1.9 $1.9 $2.0 $1.7 $1.7 $2
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