secwatch.observer — SEC 8-K summary
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Issuer:     KEYCORP /NEW/ (KEY)
CIK:        0000091576
Form:       8-K
Filed at:   2025-11-05T23:59:59+00:00
Accession:  0001628280-25-049631
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

KeyCorp consumer bank outlines $88B deposits, $68B AUM; targets $100B AUM by 2030
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- Consumer deposits $88B, loans $35B; revenue $3.6B TTM; net charge-off ratio 0.12% YTD vs peer median 0.48%.
- Relationship household growth ~3% annually; new households are younger and have 2x deposits vs non-relationship peers.
- Wealth Management AUM $68B (3Q25), up from $41B in 2019; target $100B by 2030 under long-run market returns.
- 85% of consumer fees are recurring; deposit cost 0.27% YTD vs peer median 0.48%, highlighting low-cost funding.
- Branch efficiency improved: deposits per branch $93MM vs $66MM in 2019; FTE reduced from 8,500 to 7,500.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/91576/000162828025049631/0001628280-25-049631-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/91576/000162828025049631/key-20251105.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-049631

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer