KeyCorp, the parent company of KeyBank, promoted Darrin Benhart from deputy chief risk officer to chief risk officer. Benhart succeeded Mark Midkiff, whose long-planned retirement was announced in November and who will remain at the bank through a transition period. read more
JAN 10, 2024 - 6:51 am
Despite reporting a 4.3% decline in net income year over year, KeyCorp had positive momentum in core businesses, including solid growth in loans. read more
JAN 27, 2020 - 6:50 am
KeyCorp Chairman and CEO Beth Mooney will retire on May 1, 2020. Chris Gorman has been chosen by the board of directors to succeed Mooney in both roles upon her retirement. read more
SEP 23, 2019 - 6:25 am
KeyCorp reported its Q3/18 net income of $468 million was up 34% from $349 million for the same period in 2017. read more
OCT 18, 2018 - 7:05 am
KeyCorp reported Q1/18 net income of $402 million was up 35.8% from $296 million a year earlier. The bank noted lease financing average balances were up from a year earlier. read more
APR 20, 2018 - 6:48 am
KeyCorp named Clark Khayat as executive vice president and chief strategy officer with responsibility for corporate strategy, mergers and acquisitions and strategic investments. read more
FEB 1, 2018 - 6:43 am
KeyCorp reported commercial lease finance average balance and operating lease asset growth in Q3/17. Key also noted C&I loan yields of 3.97% in Q3/17 were up 59 basis points from 3.38% a year earlier. read more
OCT 20, 2017 - 6:30 am
KeyCorp reported Q2/17 net income of $393 million was up from $193 million a year earlier. Key noted net interest income included $100 million of purchase accounting accretion related to the acquisition of First Niagra. read more
JUL 21, 2017 - 7:02 am
KeyCorp named Christopher M. Gorman and Donald R. Kimble as vice chairman. Gorman will serve as president of banking and Kimble will serve as chief financial officer. read more
JUN 9, 2017 - 6:49 am
In its Q1/17 earnings release, KeyCorp reported operating lease assets of $563 million were up 55.5% from $362 million at the end of the same quarter in 2016. read more
APR 21, 2017 - 7:35 am
In its Q3/16 earnings report, KeyCorp revealed that operating lease assets at the end of the quarter were $430 million compared to $315 million at the end of Q3/15. read more
OCT 25, 2016 - 6:53 am
According to Reuters, five U.S. regional banks put aside millions of dollars during Q1/16 to cover potential losses from loans to the energy sector. read more
APR 25, 2016 - 7:29 am
KeyCorp reported Q1/16 earnings were down from the same quarter in 2015 and noted its provision charge was higher as its asset quality measures were impacted by credit migration primarily in the oil and gas portfolio. read more
APR 25, 2016 - 7:19 am
The shareholders of both KeyCorp and First Niagara Financial Group voted in favor of a merger between the two companies. Out of the votes cast, over 90% were in favor of the merger. read more
MAR 24, 2016 - 6:40 am
KeyCorp and First Niagara Financial entered into a definitive agreement under which KeyCorp will acquire First Niagara in a cash and stock transaction for total consideration valued at approximately $4.1 billion. read more
OCT 30, 2015 - 7:56 am