KeyCorp

-12.14%

KeyCorp is a financial services company based in Cleveland, Ohio. It was founded in 1825 as the Commercial Bank of Albany in New York. The company operates through its bank subsidiary, KeyBank National Association, which is one of the largest banks in the United States. KeyBank offers a variety of financial products and services to individuals, small businesses, and corporate clients, including retail banking, investment management, mortgage banking, and commercial banking.
KeyCorp has grown significantly through a series of mergers and acquisitions, including the acquisition of Society Corporation in 1994 and First Niagara Bank in 2016. Today, the company has over 1,000 retail banking branches and nearly 1,300 ATMs in 15 states.
KeyCorp is a publicly traded company and is listed on the New York Stock Exchange under the ticker symbol "KEY". The company has a strong commitment to corporate responsibility and actively supports various initiatives in the communities it serves, including financial education, affordable housing, and diversity and inclusion efforts.
At its core, KeyCorp aims to help individuals and businesses achieve their financial goals while also driving economic growth and stability in the communities it serves. The company has received numerous awards and recognitions for its financial performance, innovation, and corporate citizenship.

KeyCorp is a financial services company based in Cleveland, Ohio. The company has a long history dating back to 1825 when it was founded as a community bank with a commitment to serving its customers and the communities where it operates. Over the years, KeyCorp has grown to become one of the largest bank holding companies in the United States, with assets of over $170 billion and operations in 15 states.
What makes KeyCorp special is its strong focus on relationship banking, meaning that the company places a high value on building long-term relationships with its customers and providing personalized service. This approach sets KeyCorp apart from larger, more impersonal financial institutions.
In addition, KeyCorp has a strong commitment to corporate social responsibility and giving back to the communities it serves. The company has a dedicated team and resources dedicated to philanthropy, volunteerism, and community partnerships, making it a socially responsible and civic-minded organization.
KeyCorp also stands out for its diverse and inclusive workplace culture. The company is committed to fostering a diverse and inclusive environment where employees are valued and have equal opportunities for growth and development.
Overall, KeyCorp is known for its strong values, commitment to customer service, and contribution to the communities it serves, making it a respected and trusted financial institution.

KeyCorp is a financial services company that offers a wide range of banking and investment services to individuals, businesses, and institutions. Its business model is focused on providing personalized, customer-centric financial solutions to help individuals and businesses achieve their financial goals.
KeyCorp operates primarily as a regional bank, with a presence in 15 states in the United States. Its main business segments include consumer banking, commercial banking, investment banking, and wealth management. The company offers a variety of products and services, including checking and savings accounts, loans, mortgages, credit cards, investment services, and financial planning.
KeyCorp differentiates itself from other banks through its strong focus on building relationships with its customers. This is achieved through personalized service, access to a wide range of financial products, and a commitment to ethical and responsible banking practices.
The company's business model also includes a strong emphasis on technology and innovation, with a focus on digital banking and mobile solutions for customers. This helps KeyCorp to reach a broader customer base and enhance the overall customer experience.
In addition, KeyCorp has a strong presence in the community, with a focus on supporting local businesses and organizations through philanthropy and community development initiatives. This allows the company to build strong relationships with the communities it serves and contribute to their economic growth.
Overall, KeyCorp's business model revolves around providing customer-focused financial solutions through a combination of innovative technology, personalized service, and community involvement.

1. KeyCorp is a public bank holding company founded in 1994 through the merger of Society Corporation of Ohio and Key Bank of New York.
2. It is headquartered in Cleveland, Ohio, and is currently the 29th largest bank holding company in the United States.
3. The company has over 1,100 branches and almost 1,500 ATMs across 16 states, primarily in the Midwest and Northeast regions.
4. KeyCorp provides a variety of financial services, including personal and business banking, investment management, and mortgage lending.
5. It is a member of the S&P 500 index and is listed on the New York Stock Exchange under the ticker symbol KEY.
6. KeyCorp is committed to supporting the communities it serves through its KeyBank Foundation, which supports organizations in education, neighborhood revitalization, and workforce development.
7. In 2018, KeyCorp was ranked the #1 bank in customer satisfaction in the Midwest region by J.D. Power.
8. The company has a strong commitment to sustainability and social responsibility, implementing initiatives such as reducing its carbon footprint and supporting diversity and inclusion in the workplace.
9. KeyCorp has received numerous awards and recognition for its corporate responsibility efforts, including being named one of the World’s Most Ethical Companies by the Ethisphere Institute.
10. The company has a strong history of leadership and innovation, with past CEOs including Richard L. White, who served as chairman of The Clearing House Association, and current CEO Beth E. Mooney, who was the first female CEO of a top-20 bank in the United States.
See Company Due Diligence: