Chairman, President & Chief Executive Officer, Keycorp
Search every verified Christopher Gorman interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. On KeyCorp’s Q1 2026 earnings call, Gorman reported broad-based growth across geographies and industries, with a 20% increase in the company’s backlog from year-end. He identified utilities and power, particularly related to renewables and AI data center buildouts, as areas of “huge opportunity,” and noted emerging traction in healthcare consolidation and commercial real estate transactional activity. Gorman stated that the company would continue running off $500 million to $600 million of residential mortgages per quarter. He also said KeyCorp’s capital priorities remain unchanged: supporting client growth, investing in people and technology, and returning capital to shareholders. Gorman reiterated a target of achieving a return on tangible common equity of 15% or better on a run-rate basis by the end of 2027, with half of the improvement expected from the mechanical lift of low-yielding asset repricing and the rest from business execution. In interviews and calls, Gorman characterized the consumer as being in “good shape” across credit, spending, and wealth metrics, and described commercial customers as “amazingly resilient” despite macroeconomic developments. He commented on the private credit market, saying his company has some exposure and feels good about it, but added that redemptions in private credit could give banks an “opportunity to reintermediate” some lending activity. Gorman also noted an improved regulatory environment focused on safety and soundness, and said KeyCorp had no direct exposure to two recent auto industry bankruptcies making headlines. He discussed investing in AI for wealth platforms, stating that many customers have “rather homogeneous” needs and that AI could help harvest more detailed information. On bank M&A, he described it as “pretty far down” the capital priorities list, with the company focused on a large organic opportunity and tuck-in deals for fee-based capabilities.
“I personally don't think there's a credit problem, but these redemptions are real and that if you have a bunch of redemption requests, the first thing you do is stop shoveling it out the front door, which I think will give the banks in some instances an opportunity to reintermediate some of those activities.”
“There's no question there's been excess capacity for some time. And I've talked about this at length that a properly graded commercial loan can't return its cost of capital. And there's been just a constant, you know, pressure on spreads and on structure. I think we may be, and I emphasize the word may, be at an inflec...”
“Our capital priorities remain unchanged. It's first to support the growth of our clients, which we were pleased to see that we got in this last quarter. The next thing is to invest in our business. And we always talk about when we talk about investing in our business, it's really people and it's technology. And so we'l...”
“I think there's a huge opportunity to use AI. We're already investing heavily in our wealth platforms and I think as you think about serving that many customers, I think there's a huge opportunity for AI. We'll have more to say on that in the future, but that is a perfect application. Many of these customers are rather...”
... like to thank you for joining Keycorp's first quarter 2026 earnings conference call I am here with Chris Gorman our chairman and ...
KeyCorp CEO Chris Gorman joins 'Squawk on the Street' to discuss the company's latest earnings report, concerns in private credit, and more.
At Miami University, leadership is learned through experience, relationships, and rigorous academics. Alumnus Chris Gorman ’83, CEO of KeyCorp, shares how Miami prepared him to lead with confidence, integrity, and vision. From early opportunities to present ideas to building lifelong relationships, his experience reflects how Miami makes leaders ready for complex, people-centered careers. For prospective students and families seeking a university that develops capable, values-driven leaders, Miami University offers an education that lasts well beyond graduation. See how Miami prepares leade…
10/16/2025 Q&A: 17:35 KeyCorp operates as the holding company for KeyBank National Association that provides various retail ...
Chris Gorman, KeyCorp CEO, joins CNBC's 'Squawk on the Street' to discuss KeyCorp's operating environment, expectations for ...
KeyCorp Chairman and CEO Chris Gorman joins 'Mad Money' host Jim Cramer to talk the state of the regional banking sector, ...
KeyCorp Chairman and CEO Chris Gorman joins 'Mad Money' host Jim Cramer to talk the state of the regional banking sector, ...
Chris Gorman, KeyCorp CEO, joins 'Money Movers' to discuss the company's quarterly earnings results, provisions for credit ...
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