Credit Rating Report
KeyCorp: Rating Report
Banking OrganizationsSummary
DBRS, Inc. (DBRS Morningstar) released a new rating report on KeyCorp.
Ratings
KeyBank N.A.
Date Issued Debt Rated Rating Trend Action Attributes i - US = Lead Analyst based in USA
- CA = Lead Analyst based in Canada
- EU = Lead Analyst based in EU
- UK = Lead Analyst based in UK
- E = EU endorsed
- U = UK endorsed
- Unsolicited Participating With Access
- Unsolicited Participating Without Access
- Unsolicited Non-participating
09-Jun-23 Long-Term Issuer Rating A (high) Neg Trend Change US09-Jun-23 Short-Term Issuer Rating R-1 (middle) Neg Trend Change US09-Jun-23 Long-Term Deposits A (high) Neg Trend Change US09-Jun-23 Long-Term Senior Debt A (high) Neg Trend Change US09-Jun-23 Short-Term Instruments R-1 (middle) Neg Trend Change US09-Jun-23 Subordinated Debt A Neg Trend Change USMoreLessKeyCorp
Date Issued Debt Rated Rating Trend Action Attributes i - US = Lead Analyst based in USA
- CA = Lead Analyst based in Canada
- EU = Lead Analyst based in EU
- UK = Lead Analyst based in UK
- E = EU endorsed
- U = UK endorsed
- Unsolicited Participating With Access
- Unsolicited Participating Without Access
- Unsolicited Non-participating
09-Jun-23 Long-Term Issuer Rating A Neg Trend Change US09-Jun-23 Short-Term Issuer Rating R-1 (low) Stb Confirmed US09-Jun-23 Long-Term Senior Debt A Neg Trend Change US09-Jun-23 Preferred Stock BBB Neg Trend Change US09-Jun-23 Short-Term Instruments R-1 (low) Stb Confirmed US09-Jun-23 Subordinated Debt A (low) Neg Trend Change USMoreLessKeyCorp Capital I
Date Issued Debt Rated Rating Trend Action Attributes i - US = Lead Analyst based in USA
- CA = Lead Analyst based in Canada
- EU = Lead Analyst based in EU
- UK = Lead Analyst based in UK
- E = EU endorsed
- U = UK endorsed
- Unsolicited Participating With Access
- Unsolicited Participating Without Access
- Unsolicited Non-participating
09-Jun-23 Trust Preferred Securities A (low) Neg Trend Change USMoreLessKeyCorp Capital II
Date Issued Debt Rated Rating Trend Action Attributes i - US = Lead Analyst based in USA
- CA = Lead Analyst based in Canada
- EU = Lead Analyst based in EU
- UK = Lead Analyst based in UK
- E = EU endorsed
- U = UK endorsed
- Unsolicited Participating With Access
- Unsolicited Participating Without Access
- Unsolicited Non-participating
09-Jun-23 Trust Preferred Securities A (low) Neg Trend Change USMoreLessKeyCorp Capital III
Date Issued Debt Rated Rating Trend Action Attributes i - US = Lead Analyst based in USA
- CA = Lead Analyst based in Canada
- EU = Lead Analyst based in EU
- UK = Lead Analyst based in UK
- E = EU endorsed
- U = UK endorsed
- Unsolicited Participating With Access
- Unsolicited Participating Without Access
- Unsolicited Non-participating
09-Jun-23 Trust Preferred Securities A (low) Neg Trend Change USMoreLess
KeyBank N.A.
- Date Issued:Jun 9, 2023
- Rating Action:Trend Change
- Ratings:A (high)
- Trend:Neg
- Rating Recovery:
- Issued:US
- Date Issued:Jun 9, 2023
- Rating Action:Trend Change
- Ratings:R-1 (middle)
- Trend:Neg
- Rating Recovery:
- Issued:US
- Date Issued:Jun 9, 2023
- Rating Action:Trend Change
- Ratings:A (high)
- Trend:Neg
- Rating Recovery:
- Issued:US
- Date Issued:Jun 9, 2023
- Rating Action:Trend Change
- Ratings:A (high)
- Trend:Neg
- Rating Recovery:
- Issued:US
- Date Issued:Jun 9, 2023
- Rating Action:Trend Change
- Ratings:R-1 (middle)
- Trend:Neg
- Rating Recovery:
- Issued:US
- Date Issued:Jun 9, 2023
- Rating Action:Trend Change
- Ratings:A
- Trend:Neg
- Rating Recovery:
- Issued:US
KeyCorp
- Date Issued:Jun 9, 2023
- Rating Action:Trend Change
- Ratings:A
- Trend:Neg
- Rating Recovery:
- Issued:US
- Date Issued:Jun 9, 2023
- Rating Action:Confirmed
- Ratings:R-1 (low)
- Trend:Stb
- Rating Recovery:
- Issued:US
- Date Issued:Jun 9, 2023
- Rating Action:Trend Change
- Ratings:A
- Trend:Neg
- Rating Recovery:
- Issued:US
- Date Issued:Jun 9, 2023
- Rating Action:Trend Change
- Ratings:BBB
- Trend:Neg
- Rating Recovery:
- Issued:US
- Date Issued:Jun 9, 2023
- Rating Action:Confirmed
- Ratings:R-1 (low)
- Trend:Stb
- Rating Recovery:
- Issued:US
- Date Issued:Jun 9, 2023
- Rating Action:Trend Change
- Ratings:A (low)
- Trend:Neg
- Rating Recovery:
- Issued:US
KeyCorp Capital I
- Date Issued:Jun 9, 2023
- Rating Action:Trend Change
- Ratings:A (low)
- Trend:Neg
- Rating Recovery:
- Issued:US
KeyCorp Capital II
- Date Issued:Jun 9, 2023
- Rating Action:Trend Change
- Ratings:A (low)
- Trend:Neg
- Rating Recovery:
- Issued:US
KeyCorp Capital III
- Date Issued:Jun 9, 2023
- Rating Action:Trend Change
- Ratings:A (low)
- Trend:Neg
- Rating Recovery:
- Issued:US
- US = Lead Analyst based in USA
- CA = Lead Analyst based in Canada
- EU = Lead Analyst based in EU
- UK = Lead Analyst based in UK
- E = EU endorsed
- U = UK endorsed
- Unsolicited Participating With Access
- Unsolicited Participating Without Access
- Unsolicited Non-participating
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Contacts
- John Mackerey
Senior Vice President, Sector Lead - North American Financial Institution Ratings
+(1) 212 806 3236
john.mackerey@morningstar.com - Michael Driscoll
Credit Rating Officer - Global Financial Institution Ratings
+(1) 212 806 3243
michael.driscoll@morningstar.com