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KEYCORP LOWERS ITS PRIME LENDING RATE TO 7.25 PERCENT

1. KeyCorp lowers prime lending rate to 7.25% from 7.50%. 2. Effective from September 18, 2025. 3. KeyCorp celebrates 200 years of service in 2025. 4. Assets stand at approximately $185 billion as of June 30, 2025. 5. KeyBank operates about 1,000 branches and 1,200 ATMs.

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FAQ

Why Bullish?

Lowering the prime rate can stimulate borrowing and growth. This historically leads to improved financial performance for banks, as seen after previous rate cuts.

How important is it?

The rate change signals a strategic shift that could improve KeyCorp's lending business, influencing investor perceptions.

Why Short Term?

The immediate impact from the rate cut will be felt as businesses and consumers react quickly. Historically, rate changes influence market sentiment quickly.

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Resources Blog Journalists Client Login Send a Release News Products Contact , /PRNewswire/ -- KeyCorp (NYSE: KEY) and its banking affiliates have lowered their prime lending rate to 7.25 percent from 7.50 percent, effective tomorrow, Sept. 18, 2025. About KeyCorp In 2025, KeyCorp celebrates its bicentennial, marking 200 years of service to clients and communities from Maine to Alaska. To learn more, visit KeyBank Heritage Center. Headquartered in Cleveland, Ohio, Key is one of the nation's largest bank-based financial services companies, with assets of approximately $185 billion at June 30, 2025.  Key provides deposit, lending, cash management, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of approximately 1,000 branches and approximately 1,200 ATMs. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name. For more information, visit https://www.key.com/. KeyBank Member FDIC.  SOURCE KeyCorp WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In Also from this source

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