Allowance for credit losses
KeyCorp Allowance for credit losses increased by 1.5% to $1.45B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 1.4%, from $1.43B to $1.45B. Over 5 years (FY 2020 to FY 2025), Allowance for credit losses shows a downward trend with a -2.6% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase suggests higher expected defaults or a more conservative risk assessment, while a decrease suggests improved borrower creditworthiness.
Detailed definition
A contra-asset account representing the estimated amount of uncollectible loans and receivables within the company's len...
Peer comparison
Standard for financial institutions; peers with higher-risk loan portfolios will typically maintain higher allowance ratios.
bank_allowance_for_credit_lossesHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.22B | $1.08B | $1.06B | $1.11B | $1.10B | $1.14B | $1.34B | $1.38B | $1.48B | $1.49B | $1.51B | $1.54B | $1.55B | $1.49B | $1.41B | $1.43B | $1.45B | $1.44B | $1.43B | $1.45B |
| QoQ Change | — | -11.1% | -2.1% | +4.1% | -0.5% | +4.1% | +16.9% | +3.2% | +7.2% | +0.5% | +1.3% | +2.3% | +0.3% | -3.4% | -5.7% | +1.4% | +1.2% | -0.1% | -1.2% | +1.5% |
| YoY Change | — | — | — | — | -9.9% | +5.5% | +26.0% | +24.9% | +34.7% | +30.1% | +12.8% | +11.7% | +4.5% | +0.4% | -6.6% | -7.3% | -6.5% | -3.3% | +1.3% | +1.4% |
Allowance for credit losses at Other Companies
Frequently Asked Questions
- What is KeyCorp's allowance for credit losses?
- KeyCorp (KEY) reported allowance for credit losses of $1.45B in Q1 2026.
- How has KeyCorp's allowance for credit losses changed year-over-year?
- KeyCorp's allowance for credit losses increased by 1.4% year-over-year, from $1.43B to $1.45B.
- What is the long-term trend for KeyCorp's allowance for credit losses?
- Over 5 years (2020 to 2025), KeyCorp's allowance for credit losses has grown at a -2.6% compound annual growth rate (CAGR), from $1.63B to $1.43B.
- What does allowance for credit losses mean?
- The reserve set aside to cover potential losses from loans that may not be repaid.