KeyCorp
25 named things its latest annual report says its results depend on, each in the company's own words. 19 of them are also named by other companies we've read.
Customers
Healthcare sector
concentrated innamed as a riskAdditionally, a significant portion of our business activities are concentrated within the commercial real estate, healthcare, finance, and utilities market segments.Risk factors (Item 1A)
Also named by CSWC
Utilities sector
concentrated innamed as a riskAdditionally, a significant portion of our business activities are concentrated within the commercial real estate, healthcare, finance, and utilities market segments.Risk factors (Item 1A)
Partners and platforms
Payment networks
depends onnamed as a riskUnder these agreements, we may be responsible for certain losses and penalties if one of our merchant customers suffers a data breach.Risk factors (Item 1A)
Also named by FIS
Federal Home Loan Bank system
depends onnamed as a riskChanges in FHLB lending policies or the haircuts they apply to our pledged collateral could adversely affect our liquidity and profitability.Risk factors (Item 1A)
Other companies
Commercial real estate loans
concentrated in · approximately 72% of our loan portfolionamed as a riskAs of December 31, 2025, approximately 72% of our loan portfolio consisted of commercial and industrial loans, commercial real estate loans, including commercial mortgage and construction loans, and commercial leases.Risk factors (Item 1A)
Also named by EWBC
Scotiabank
approximately 14.9% of our issued and outstanding common sharesnamed as a riskScotiabank holds approximately 14.9% of our issued and outstanding common shares.Risk factors (Item 1A)
Credit rating agencies
depends onnamed as a riskDowngrades to KeyCorp's or KeyBank's credit ratings could impair our access to liquidity and could significantly increase our cost of funds, trigger additional collateral or funding requirements, and decrease the number of investors and counterparties willing to lend to us, reducing our ability to generate income.Risk factors (Item 1A)
KeyBank National Association
depends onnamed as a riskIn the event KeyBank is unable to pay dividends to us, we may not be able to service debt, pay obligations, or pay dividends on our common or preferred stock.Risk factors (Item 1A)
Also named by TRIN
Multifamily housing
concentrated innamed as a riskA large portion of our clients are active in real estate, with most focused on the multifamily space, which has been the best performing real estate sector over the cycle.Risk factors (Item 1A)
Places
New York
concentrated innamed as a riskWe have concentrations of loans and other business activities in geographic regions where our bank branches are located — Washington; Oregon/Alaska; Rocky Mountains; Indiana/Northwest Ohio/Michigan; Central/Southwest Ohio; East Ohio/Western Pennsylvania; Atlantic; Western New York; Eastern New York; and New England — and additional exposure to geographic regions outside of our branch footprint.Risk factors (Item 1A)
Also named by ABR, AXP, BJ, BPOP, BRO, BWA, CHE, CINF and 12 more
Ohio
concentrated innamed as a riskWe have concentrations of loans and other business activities in geographic regions where our bank branches are located — Washington; Oregon/Alaska; Rocky Mountains; Indiana/Northwest Ohio/Michigan; Central/Southwest Ohio; East Ohio/Western Pennsylvania; Atlantic; Western New York; Eastern New York; and New England — and additional exposure to geographic regions outside of our branch footprint.Risk factors (Item 1A)
Also named by AM, AR, BBSI, CINF, DRVN, ELV, FE, INTC and 6 more
Hazards
Severe weather and natural disasters
operates innamed as a riskNatural disasters, including wildfires, tornadoes, severe storms, and hurricanes, have seemingly become more frequent and severe.Risk factors (Item 1A)
Also named by IRM
Commodity price shocks from geopolitical conflicts
exposed to its pricenamed as a riskFor example, conflicts across the world, including the Russia-Ukraine war and the Israel-Hamas war, and recent military action in Venezuela, have proven to or may have a material impact on certain domestic commodity prices, impacting our borrowers' input costs and disrupting supply chains both domestically and abroad.Risk factors (Item 1A)
Regulators
Federal Reserve
subject to · 3.2%named as a riskKeyCorp’s updated stress capital buffer is 3.2% (based on the results of KeyCorp’s 2024 supervisory stress test and adjusted for KeyCorp’s planned common stock dividends as set forth in KeyCorp’s 2025 capital plan).Business (Item 1)
Also named by AGNC, AUB, AXP, BAC, CASH, COF, DX, EFSC and 24 more
Consumer Financial Protection Bureau (CFPB)
subject toThe CFPB, which was created by the Dodd-Frank Act in 2010, was given the authority by that statute to regulate the offer and sale of consumer financial products and services, enforce federal consumer protection laws, and supervise certain providers of consumer financial products and services, including banks with over $10 billion in assets (such as KeyBank).Business (Item 1)
Also named by ABNB, AFRM, ALLY, AN, AUB, AXP, BAC, CASH and 61 more
Commodity Futures Trading Commission (CFTC)
subject toBecause KeyBank engages in derivative transactions, in 2013 it provisionally registered as a swap dealer with the CFTC and became a member of the NFA, the self-regulatory organization for participants in the U.S. derivatives industry.Business (Item 1)
Also named by AB, ADM, AGNC, AMG, BAC, BGC, BMNR, C and 35 more
Laws and programs
FDIC special assessment
subject to · approximately 13.4 basis pointsnamed as a riskUnder the final rule, the FDIC would collect a special assessment from IDIs at an annual rate of approximately 13.4 basis points (or 3.36 basis points per quarter) over eight quarterly assessment periods, starting with the first quarterly assessment period of 2024 (i.e., January 1, 2024 through March 31, 2024) with an invoice payment date of June 28, 2024.Business (Item 1)
Also named by BPOP, CFG, CFR, CUBI, EFSC, EWBC, FCNCA, GBCI and 10 more
California Consumer Privacy Act
subject tonamed as a riskA number of states have also recently enacted consumer privacy laws that impose compliance obligations with respect to personal information or issued guidance regarding the same, such as the California Consumer Privacy Act of 2018, as amended by the California Privacy Rights Act (known as the “CCPA”), and the New York Department of Financial Services Cybersecurity Regulations.Risk factors (Item 1A)
Also named by AAP, AIOT, AKAM, ALL, APP, AYI, BAC, BBSI and 69 more
Long-term debt requirement proposal
subject tonamed as a riskThis proposal would apply to Category II, III, and IV BHCs (including KeyCorp) and IDIs that (i) are not consolidated subsidiaries of U.S. global systemically important banks and (ii) have at least $100 billion in total assets (including KeyBank) or are affiliated with an IDI that has at least $100 billion in total assets.Business (Item 1)
Basel III Capital Proposal
subject tonamed as a riskUnder the proposal, Category III and IV banking organizations would be required to include most components of AOCI, including net unrealized gains and losses on available-for-sale securities, in regulatory capital.Business (Item 1)
Also named by TFC
Debit card interchange fee cap (Regulation II)
subject tonamed as a riskOn October 25, 2023, the Federal Reserve issued for public comment a proposal to lower the maximum interchange fee that a debit card issuer with $10 billion or more in total consolidated assets (including KeyBank) can receive for a debit card transaction.Business (Item 1)
Also named by GBCI
Community Reinvestment Act
subject toKeyBank will be subject to any changes that are made to the CRA regulations.Business (Item 1)
Also named by ALLY, AMP, AUB, CFG, CFR, EFSC, EWBC, FCNCA and 20 more
Low-Income Housing Tax Credit (LIHTC)
A relatively small portion of our commercial real estate loans are construction loans, with most of these loans utilized to support the construction of affordable housing under the Low-Income Housing Tax Credit (LIHTC) program.Risk factors (Item 1A)