These efforts are expected to be low single-digit accretive to KeyCorp's 2025 earnings and slightly accretive to its 2026 earnings. This is similar to the steps taken by Truist Financial ( TFC - Free Report ) in May 2024 to bolster its balance sheet. The company completed the sale of its remaining stake in its insurance subsidiary – Truist Insurance Holdings – and used the proceeds to reposition its balance sheet and invest in shorter-duration investment securities. These initiatives will add almost $710 million to TFC's 2024 NII.