KeyCorp Raises 2026 Revenue Outlook: What's Driving It?

KeyCorp raised its 2026 revenue guidance to 8% growth from 7-8%, driven by strong loan growth (4-5%), NII expansion (9-11%), and improved fee income guidance (6-7% adjusted). The Clearwater acquisition and robust investment banking activity support the outlook. NIM is expected to reach 3.00-3.05% by year-end. Peer banks PNC and Citizens Financial also project solid 2026 growth.