Keycorp · NYSE:KEY
Keycorp — Morgan Stanley U.S. Financials Conference 2025
8 slides from Keycorp's conference presentation, Jun 11, 2025
Slide 1: KeyCorp Morgan Stanley U.S. Financials Conference
KeyCorp Morgan Stanley U.S. Financials Conference June 11, 2025 Ken Gavrity Head of the Commercial Bank
Slide 2: Commercial Banking: Relevance to Total KeyCorp
Commercial Banking: Relevance to Total KeyCorp Total Revenue Total Average Deposits Growth & Returns 2024(1) 2024 ~$2Bn Significant source ~17-20% of primacy to the Avg ROE across our Middle Commercial Payments & ~$58Bn bank Market business(2) Commercial Middle Market Deposits ~10% Commercial Paymen
Slide 3: A Purpose-Built Platform for Middle Market Clients
A Purpose-Built Platform for Middle Market Clients A multi-decade journey to create a platform tailored to the needs of …with significant opportunity Middle Market clients… given our <5% market penetration Acquisition of Integrated McDonald Investments Servicing Model Build out of Middle Market To c
Slide 4: A Clear Value Proposition that Resonates
A Clear Value Proposition that Resonates Our targeted, full-service platform is delivered seamlessly through a unique relationship-based approach Regional Trillionaire Capabilities Boutiques Client Impact (Average Tenure of ~15 years) Banks Banks 60-Year Client Relationship Scaled Holistic Platform
Slide 5: Holistic Payments Platform with Growth Tailwinds
Holistic Payments Platform with Growth Tailwinds Delivering one of the broadest platforms of banking and software-based capabilities in the market Full Suite of Commercial Payments Capabilities Meaningful Growth Opportunities TRADITIONAL CAPABILITIES EMERGING CAPABILITIES Core Treasury 71 60 TM Fees
Slide 6: Commercial Banking: Then and Now
Commercial Banking: Then and Now Middle Market Commercial Payments Revenue(1) Deposits (Bn) Fees (MM) Deposits (Bn) +24% +38% +61% +60% >$1.0Bn ~$18 ~$58 ~$800MM ~$13 ~$210 Add’tl Gross ~$36 Fees(2) ~$60 ~$360 Net Revenue(3) ~$290 2019 2024 2019 2024 2019 2024 2019 2024 % Operating Deposits Clients
Slide 7: Investing in Strategic Areas to Scale the Business
Investing in Strategic Areas to Scale the Business Continuing to Build Our Brand of Expertise and Service Continuing Our Elevating Risk Growing Bankers Primacy Focus Management • Attractive banker-friendly model • Persistent investment across our • Deeper risk expertise in strategic focus payments p
Slide 8: Forward-looking Statements and Additional Information
Forward-looking Statements and Additional Information This document 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 condi
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