KEYCORP /NEW/ — Form 8-K

KeyCorp presented its investor meetings materials for Europe in September 2026, covering 2Q26 results and forward guidance. Key metrics: assets $191B, deposits $153B, loans $110B; 2Q26 diluted EPS $0.44; NII $1,258M (up 10% YoY); noninterest income $706M (up 5% YoY); CET1 ratio 11.2%, marked CET1 9.8%; $341M share repurchases in 2Q26 at $21.95/share; authorized $3B repurchase program in May 2026. Company raised over $172B capital for clients (trailing 12 months), achieved record $74B AUM, and targets 15%+ ROTCE by 4Q27 and 16-19% long-term. Guidance: 2026 revenue +8% YoY, NII +9-11%, noninterest income +4-5%, adjusted noninterest expense +4%, average loans +4-5%, NCOs 40-45 bps. Clearwater UK acquisition (closed August 2026) expected to add $60-70M revenue in 2027.