KeyBank

What sets KeyBank apart

How large is KeyBank?

The balance sheet of KeyBank at Q2 2026: assets $188.6 bn, deposits $158.5 bn, net loans $110.4 bn (loans equal to 69.63% of deposits). Securities make up 25.4% of total assets at KeyBank. Since Q1 2016, when KeyBank held $96.4 bn, its assets grew 95.6%. In the year to Q2 2026, deposits at KeyBank rose 4.3% while its total assets rose 3.3%. At Q2 2026, KeyBank employed 18,026 full-time equivalent staff across 952 offices, about $10.5 mn of assets per employee and $166.5 mn of deposits per office.

How much funding at KeyBank is uninsured?

At KeyBank, uninsured deposits (above the FDIC limit) made up 51.83% of domestic deposits at Q2 2026 (+2.93 pp on a year earlier); KeyBank ranks 70th of 500 on this measure. In dollars, KeyBank estimated $82.1 bn of uninsured deposits.

Key facts, Q2 2026

US rank of KeyBank: 1 = highest unless marked 1 = lowest.

The CET1 ratio of KeyBank stood at 12.27% in Q2 2026, -0.63 pp year on year. Low and high at KeyBank since Q1 2016: 10.31% (Q1 2020) to 13.04% (Q1 2025). Equity capital of KeyBank at Q2 2026: $18.7 bn, or 9.9% of total assets. KeyBank also reported a total capital ratio of 14.05% for Q2 2026, and a tier 1 leverage ratio of 9.92%.

On held-to-maturity securities, KeyBank carried an unrealized loss of $390.8 mn at Q2 2026, equal to 2.1% of equity capital. The loss narrowed by $5.0 mn over the year. Its deepest point: $808.4 mn in Q3 2023. The available-for-sale portfolio of KeyBank showed an unrealized loss of $2.5 bn at Q2 2026; the loss narrowed by $423.5 mn over the year.

For the year to Q2 2026, KeyBank earned a return on equity of 12.54%; return on assets: 1.28%. Net interest margin at KeyBank: 3.11%, +0.24 pp in a year. KeyBank net income: $1.2 bn, up 19.5% year on year. The efficiency ratio of KeyBank was 54.78%: about 55 cents cost per revenue dollar, against 58 cents at the median peer.

At Q2 2026, noncurrent loans were 0.86% of total loans at KeyBank; net charge-offs: 0.39% of average loans. Gross loans and leases at KeyBank: $111.8 bn, up 4.3% in a year.

The peer group of KeyBank is the 6 banks nearest to it by total assets at Q2 2026: 3 larger and 3 smaller. Of the peers, 3 share the charter type of KeyBank (national bank), 6 sit in the same size group (over $100 bn) and 0 have head offices in Ohio. Against them, KeyBank shows CET1 ratio 12.27% against a peer median of 11.88%, return on equity 12.54% against a peer median of 12.61% and uninsured deposit share 51.83% against a peer median of 48.19%.

The FDIC history of KeyBank, oldest first; figures before and after each event are not like for like.

1. 8 October 2016. Absorbed First Niagara Bank, National Association (FDIC certificate 16004).

Large one-quarter moves at KeyBank

• Total assets at KeyBank changed by +32.7% in the quarter to 2016-12-31: Merger -Without Assistance; Participated in Absorbtion/Consolidation/Merger: acquired from First Niagara Bank, National Association.