SI
Bank Universe

Data source: CET1 ratio sourced from FDIC Call Reports (bank-subsidiary level). Published figures from investor relations may differ by 1–2pp as those reflect the bank holding company level. For precise regulatory CET1 figures, refer to each bank's quarterly earnings release.

KeyCorp

KEY
US · USRegulated by OCCLatest: 2026-Q1
81HIGH

CET1 Ratio

12.49%-0.26pp QoQ

Common Equity Tier 1 / RWA

Risk-Weighted Assets

$147.1B

+2.10% QoQ growth

Total Loan Book

$108.8B

+4.2% YoY growth

Leverage Ratio

10.02%

Tier 1 / Average assets

CET1 Ratio Trend

8 quarters · regulatory minimum 8% · scoring threshold 12%

RWA Growth

Bars = total ($B) · Line = QoQ growth %

Loan Book Composition

Latest quarter · 2026-Q1

Comm. Real Estate16.4%
Consumer5.1%
SME / C&I32.4%
Other46.1%

Metric History

49 quarters · FDIC Call Reports

QuarterCET1 %Leverage %RWALoan BookLoans YoYRWA QoQCRE %Consumer %SME %SRT Score
2026-Q1latest12.49%10.02%$147.1B$108.8B+4.2%+2.10%16.4%5.1%32.4%81
2025-Q412.75%9.96%$144.1B$106.4B+2.4%+1.35%16.7%5.5%32.6%52
2025-Q312.83%9.85%$142.2B$105.7B+0.5%+1.18%16.7%5.6%32.2%57
2025-Q212.90%9.81%$140.5B$105.7B-0.6%+2.01%17.2%5.7%31.9%53
2025-Q113.04%9.75%$137.8B$104.4B-4.1%+1.49%16.4%5.9%30.2%40
2024-Q412.94%9.42%$135.7B$103.9B-7.2%-0.64%16.8%6.1%28.8%37
2024-Q312.43%9.04%$136.6B$105.2B-8.7%-2.27%17.3%6.2%39.8%49
2024-Q212.59%9.35%$139.8B$106.3B-10.7%-1.83%17.1%6.3%39.1%44
2024-Q112.26%9.33%$142.4B$108.9B-9.4%-2.74%17.0%6.4%39.4%39
2023-Q411.94%9.22%$146.4B$111.9B-2.84%16.9%6.5%39.0%38
2023-Q311.58%8.98%$150.7B$115.1B-4.85%16.9%6.5%39.3%24
2023-Q210.88%8.72%$158.4B$119.0B-1.54%16.9%6.4%39.8%35
2023-Q110.58%8.84%$160.9B$120.2B17.0%6.5%40.3%
2022-Q410.46%8.78%$160.6B$119.4B+14.8%+1.73%16.9%6.7%40.0%
2022-Q310.38%8.71%$157.9B$116.5B+16.7%+3.85%17.6%7.1%38.7%
2022-Q210.36%8.60%$152.1B$113.1B+11.2%+4.80%17.6%7.2%38.7%
2022-Q110.63%8.58%$145.1B$107.2B+4.6%+2.95%17.3%7.3%38.7%
2021-Q410.75%8.37%$140.9B$104.1B+2.2%+4.14%17.0%7.1%39.4%
2021-Q310.91%8.30%$135.3B$99.9B-3.7%+1.62%18.1%6.9%38.2%
2021-Q211.22%8.55%$133.2B$101.7B-5.2%+1.73%16.5%10.2%39.1%
2021-Q111.28%8.78%$130.9B$102.4B-2.2%-0.38%16.2%10.5%41.7%
2020-Q411.06%8.80%$131.4B$101.8B+6.1%+0.50%16.8%11.1%41.7%
2020-Q310.91%8.65%$130.7B$103.8B+10.0%-1.37%16.6%10.8%42.8%
2020-Q210.67%8.81%$132.6B$107.2B+14.3%-2.44%16.6%10.3%43.3%
2020-Q110.31%9.80%$135.9B$104.8B+14.9%+5.67%17.4%10.3%42.7%
2019-Q410.96%9.91%$128.6B$95.9B+5.5%+1.18%17.6%10.7%39.5%
2019-Q310.87%9.80%$127.1B$94.4B+3.6%+0.91%17.9%9.8%39.8%
2019-Q210.80%9.75%$125.9B$93.8B+4.3%+2.54%18.0%9.2%40.9%
2019-Q111.03%9.86%$122.8B$91.2B+1.3%+0.94%18.9%8.8%40.3%
2018-Q411.16%9.93%$121.7B$90.9B+3.4%+0.84%19.4%8.4%39.3%
2018-Q311.22%10.09%$120.6B$91.1B+3.1%+1.44%20.4%8.3%37.8%
2018-Q211.26%10.02%$118.9B$89.9B+1.2%+0.59%19.4%8.3%37.9%
2018-Q111.11%9.95%$118.2B$90.0B+2.2%+1.63%20.1%8.2%37.2%
2017-Q411.27%9.91%$116.3B$88.0B+0.1%+0.58%19.8%8.5%36.6%
2017-Q311.27%9.93%$115.7B$88.3B+37.1%-0.06%20.9%8.4%36.0%
2017-Q211.12%9.95%$115.7B$88.8B+40.2%+0.93%20.6%8.3%36.3%
2017-Q111.02%9.73%$114.7B$88.1B+42.1%-0.84%20.8%8.2%35.9%
2016-Q410.76%9.46%$115.6B$87.8B+42.8%+31.12%20.7%8.5%35.7%
2016-Q310.60%9.45%$88.2B$64.4B+3.6%+2.62%17.0%7.1%41.1%
2016-Q210.80%9.66%$85.9B$63.3B+4.9%+1.33%16.4%7.3%41.0%
2016-Q110.79%9.82%$84.8B$62.0B+1.7%+0.15%16.8%7.6%39.8%
2015-Q410.86%9.89%$84.7B$61.5B+3.3%-1.42%16.5%7.9%38.8%
2015-Q310.68%10.00%$85.9B$62.2B+6.5%+2.90%17.3%8.2%37.7%
2015-Q210.97%10.09%$83.5B$60.4B+1.8%+0.20%16.6%8.6%37.8%
2015-Q111.00%10.31%$83.3B$61.0B+2.8%+3.59%17.8%8.6%37.1%
2014-Q410.38%$80.4B$59.5B+1.6%+2.07%16.4%9.1%36.8%
2014-Q310.44%$78.8B$58.4B+0.6%-1.03%17.0%9.5%35.6%
2014-Q210.24%$79.6B$59.3B+3.1%+0.92%15.0%12.4%35.1%
2014-Q110.09%$78.9B$59.3B+3.9%+0.47%14.9%12.7%34.5%

Latest Earnings Signals

From 2026-07-21 SEC 8-K earnings release · composite 0/4

Neutral
CET1 pressure
RWA growth
Provisions rising
Capital optimisation
View source filing ↗

AI Investment Memo

Llama will analyze KeyCorp across 4 data dimensions and write a structured memo

Score: 81/100·Model: gpt-oss-120b·Tools: get_bank_metrics · get_historical_deals · get_regulatory_context · calculate_candidate_score

Click Generate Analysis to create an investment memo

Llama will call 4 tools then write a structured memo covering thesis, deal sizing, timing, and risks

Score Breakdown

81/100 —HIGH

Repeat issuer · scored on re-issuance timing

Re-issuance timing81
Last deal
10 mo ago
Typical cadence
14 mo
Through its re-issue cycle74%

Active SRT programme → scored on how overdue it is vs its own cadence. Validated to predict re-issuance better than fundamentals, which are shown below for context only.

Fundamentals — context only

Capital Pressure14/40
CET1 12.49% — below active SRT zone
+4
-0.49pp headroom above 8% regulatory floor
+0
CET1 declining for 2+ consecutive quarters (12.83% → 12.75% → 12.49%)
+10
Leverage ratio 10.02% — adequate headroom
+0
Loan Book Growth6/30
Loan book grew 4.2% YoY
+0
RWA grew 2.1% QoQ
+4
CRE: 16.395982426576744%, Lev.Loans: 0%, max(Consumer/SME): 32.40559148961874%
+2
Historical SRT20/25
Bank has previously issued SRT transactions
+15
10 months since last deal — active SRT program
+5
Macro Context9/10
Live macro signal: FAVORABLE (sentiment +14/20) — 9/10 pts
+9
Mid-Size Bank

$50B–$500B total assets — sweet spot: capital pressure + sourcing alpha

+10
Macro environment · FAVORABLE+6

Sentiment +14/20 · global +6 pts

Overall SRT likelihood81/100