KeyCorp (KEY) Presents at Bank of America Financial Services Conference 2026 Transcript

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KeyCorp (KEY) Bank of America Financial Services Conference 2026 February 10, 2026 8:50 AM EST

Company Participants

Christopher Gorman – Chairman, President & CEO

Conference Call Participants

Ebrahim Poonawala – BofA Securities, Research Division

Presentation

Ebrahim Poonawala
BofA Securities, Research Division

Go ahead and get started. So for our first regional bank presentation, as has been tradition over the last few years, we have Chris Gorman, Chairman and CEO of KeyCorp. So Chris, thank you so much for joining us.

Christopher Gorman
Chairman, President & CEO

So it’s great to be here, and we always appreciate kind of kicking off your conference. It’s a great conference. And we were just chatting. Ebrahim covers more companies, I think, than anybody on the planet. So hardest working man in finance. So it’s nice to be with you.

Ebrahim Poonawala
BofA Securities, Research Division

Thank you. Thanks for the Jack of all fades, I guess, master of none. I don’t know if it was a back-handed compliment or…

Christopher Gorman
Chairman, President & CEO

It was a compliment.

Question-and-Answer Session

Ebrahim Poonawala
BofA Securities, Research Division

But maybe just, Chris, I think it’s been an eventful few years, right? Like as we think about going back to coming out of the COVID, just rates went up, you had the COVID shock like for the industry around interest rates. Just give us a mark-to-market in terms of the evolution of the KeyCorp franchise over the last 3 years, just and how you’re feeling about the business?

Christopher Gorman
Chairman, President & CEO

Yes. So I’ll start with the last piece of that. I’m feeling really good about our business. I think we’re really, really well positioned. And the reason I think we’re so well positioned is you correctly point out, so the biggest hiking cycle in 60 years, that starts in 2022. In 2024, we

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