01—Abstract
Summary
Summary of the 8-K filed November 5, 2025. Cited figures are marked; the original filing is the authoritative source.
KeyCorp filed this Form 8-K under Item 7.01 (Regulation FD Disclosure) to furnish slides for its presentation at the BancAnalysts Association of Boston Conference on Thursday, November 6, 2025.
The presentation, attached as Exhibit 99.1, covers KeyCorp's performance, strategy, and outlook, with a focus on the Consumer Bank. The filing states that the slides are posted on KeyCorp's investor relations website, with a live audio webcast and a later recording also available there. The information is furnished, not filed, for purposes of Section 18 of the Exchange Act.
The slides describe the Consumer Bank as a relationship-driven franchise with roughly 2MM+ households, 250k+ business clients, about $80aBn in retail and business banking deposits, and a Wealth Management business with $68Bn in AUM and about $8Bn in deposits, both as of 3Q25. The Consumer Bank is cited as holding about $88Bn of deposits, with an estimated roughly $1Bn in total 2025E consumer fees, of which 85% are described as recurring. Management highlights that relationship households generate about 4x higher revenue and that new relationship households have 2x the deposits and half the attrition of new non-relationship households.
The slides frame the forward plan around growing relationship households by about 3% annually and reaching $100bBn of AUM by 2030, an goal the filing states assumes returns consistent with long-run historical market averages. The presentation also cites a rise in AUM sales from $5.3Bn in 2019 to $11.4Bn on an annualized 3Q25 year-to-date basis, and an increase in Mass Affluent AUM of +160%.
02—Key points
Key Highlights
- Consumer Bank footprint of roughly 2MM+ households, 250k+ business clients, and about $80Bn in retail and business banking deposits, with 942 branches and about 1,200 ATMs (metrics as of 3Q25).
- Wealth Management reports $68Bn in AUM and about $8Bn in total deposits, and the slides describe record AUM of $68Bn at 3Q25 versus $41Bn in 2019.
- Consumer fees are estimated at roughly $1Bn for 2025E, with 85% described as recurring.
- Relationship household growth reached about 3.0% annually versus under 1.0% in 2019, and the slides state that new relationship households have 2x the deposits and half the attrition of new non-relationship households.
- Consumer deposits per branch rose from $66MM in 2019 to $93MM as of 3Q25, a stated increase of +40%.
- AUM sales increased from $5.3Bn in 2019 to $11.4Bn on an annualized 3Q25 year-to-date basis, a stated increase of +115%.
- Stated goal of reaching $100Bn of AUM by 2030, which the filing says assumes returns consistent with long-run historical market averages.
03—Questions
Frequently Asked Questions
What is this 8-K filing about?
KeyCorp furnished slides under Item 7.01 (Regulation FD Disclosure) for its presentation at the BancAnalysts Association of Boston Conference on November 6, 2025. The slides are attached as Exhibit 99.1, and the filing states the information is not deemed filed under Section 18 of the Exchange Act.
How large is KeyCorp's Consumer Bank according to the presentation?
The slides cite roughly 2MM+ households, 250k+ business clients, about $80Bn in retail and business banking deposits, and about $88Bn in consumer deposits. Trailing twelve-month revenue is shown as $3.6Bn, with $35Bn in loans and leases, and the presentation references 942 branches and about 1,200 ATMs.
What role do Wealth Management and AUM play in the Consumer Bank strategy?
The slides show Wealth Management with $68Bn in AUM and about $8Bn in deposits as of 3Q25, and state a goal of reaching $100Bn of AUM by 2030. The filing notes that this target assumes returns consistent with long-run historical market averages.
What does the presentation say about the quality of consumer fee income?
The slides estimate roughly $1Bn in total consumer fees for 2025E and state that 85% of those fees are recurring. The presentation links this recurring fee base to its broader strategy of delivering returns through low-cost funding and sound risk management.
Where can investors access the presentation and related materials?
The filing states that the slides have been posted on KeyCorp's investor relations website at www.key.com/ir. A live audio webcast will be available on the day of the conference at the same site, and a recording will be posted there after the event.
04—Continue