# EDGAR Filing Document

**Accession Number:** 0000724391
**File Stem:** 0000724391-26-000008
**Filing Date:** 2026-2
**Character Count:** 2939
**Document Hash:** 8f0558c3bdc759b7eb92bb8fcbd613c1
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000724391-26-000008.hdr.sgml**: 20260225

**ACCESSION NUMBER**: 0000724391-26-000008

**CONFORMED SUBMISSION TYPE**: X-17A-5

**PUBLIC DOCUMENT COUNT**: 4

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260225

**DATE AS OF CHANGE**: 20260225

**EFFECTIVENESS DATE**: 20260225

**PERIOD START**: 20250101

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** KEYBANC CAPITAL MARKETS INC.
- **CENTRAL INDEX KEY:** 0000724391

**ORGANIZATION NAME:**
- **EIN:** 341391952
- **STATE OF INCORPORATION:** OH
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** X-17A-5
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 008-30177
- **FILM NUMBER:** 26680582

**BUSINESS ADDRESS:**
- **STREET 1:** 127 PUBLIC SQUARE
- **CITY:** CLEVELAND
- **STATE:** OH
- **ZIP:** 44114
- **BUSINESS PHONE:** 216-689-0358

**MAIL ADDRESS:**
- **STREET 1:** 127 PUBLIC SQUARE
- **STREET 2:** 800 SUPERIOR AVENUE
- **CITY:** CLEVELAND
- **STATE:** OH
- **ZIP:** 44114

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MCDONALD INVESTMENTS INC.
- **DATE OF NAME CHANGE:** 20020603

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MCDONALD INVESTMENTS INC                                /BD
- **DATE OF NAME CHANGE:** 20020603

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MCDONALD & CO SECURITIES INC                            /BD
- **DATE OF NAME CHANGE:** 19981113

### Attached PDF Documents

**Attachment 1:** `kbcm_annual_report_2025.pdf`

_No text found in this document._

**Attachment 2:** `kbcm_sipc_2025.pdf`

_No text found in this document._

**Attachment 3:** `kbcm_exemption_2025.pdf`

_No text found in this document._

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM X-17A-5

### ANNUAL AUDITED REPORT

### Filer Information

**Filer CIK:** 0000724391

**Filer CCC:** XXXXXXXX

**Is this a LIVE or TEST filing?:** LIVE

**Would you like a Return Copy?:** No

### Submission Information

**Report Period Begin Date:** 01-01-2025

**Report Period End Date:** 12-31-2025

**Type of Registrant:** Broker-dealer

**Any material weaknesses identified?:** No

### Registrant Identification

**Name of Broker-Dealer:** KEYBANC CAPITAL MARKETS INC.

**Business Address:** 127 PUBLIC SQUARE, CLEVELAND, OH, 44114

**Contact Person:** Mark Kovachick

**Contact Phone:** 216-689-3723

### Independent Public Accountant Identification

**Accountant Name:** Ernst & Young LLP

**Accountant Address:** 1001 Lakeside Avenue, Suite 1800, Cleveland, OH, 44114

**Accountant Type:** Certified Public Accountant

### OATH OR AFFIRMATION

I, **Mark Kovachick**, swear (or affirm) that, to the best of my knowledge and belief, the accompanying financial statements and supporting schedules pertaining to the firm of **KEYBANC CAPITAL MARKETS INC.**, as of **12-31-2025**, are true and correct.

**Signature:** Mark Kovachick

**Title:** CFO

**Notarized:** Yes