Income StatementBalance SheetCash FlowSegments
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KeyCorp Cash Flow Statement

Operating, investing, and financing cash movements

KeyCorp generated $2.3B in operating cash flow over the trailing twelve months. After $109.0M in capital expenditures, free cash flow was $2.2B. Free cash flow increased 2.2% year-over-year. Based on the Q1 2026 filing.

Net Cash From Operating (TTM)$2.3BNet Cash From Investing (TTM)$3.5BNet Cash From Financing (TTM)-$4.7BCapital Expenditures (TTM)$109.0MDepreciation And Amortization Cf (TTM)$13.0MNet Change In Cash (TTM)-$779.0M
Latest FilingQ1 2026
Report Date2026-05-05
Market Cap$22.8B
P/E Ratio11.74
ROE9.98%

Investing

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Sales of short-term available-for-sale investments$2.0B$0.0$0.0$5.0M$0.0$650.0M
Capital expenditures$23.0M$10.0M$23.0M$29.0M$45.0M$12.0M
Net Decrease Increase In Loans Excluding Acquisitions Sales And Transfers-$958.0M$679.0M$1.6B—$714.0M$2.7B
Net Increase Decrease In Short Term Investments—-$2.2B-$3.8B—-$3.2B$1.6B
Sale of investments$2.0B$0.0$0.0$5.0M$0.0$650.0M
Net cash from investing activities$1.2B-$711.0M$2.7B—$2.4B-$4.6B
Proceeds from maturities/sales of investments$2.0B$0.0$0.0$5.0M$0.0$650.0M
Purchases of fixed maturity securities$0.0$0.0——$1.4B$869.0M
Purchases of investments$8.5B$4.0B$1.4B$1.1B$1.3B$1.4B

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Transfer to Other Real Estate$2.0M$2.0M$0.0$1.0M$2.0M$1.0M
Net increase (decrease) in cash$467.0M$166.0M-$143.0M$172.0M-$651.0M-$157.0M

Operating

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Change in accrued liabilities—-$792.0M——-$29.0M-$520.0M
Other working capital changes—-$300.0M-$205.0M-$17.0M-$11.0M$46.0M
Deferred income taxes$213.0M-$30.0M—$31.0M-$19.0M-$53.0M
Depreciation and amortization$5.0M$3.0M$8.0M$7.0M$3.0M-$5.0M
Net cash from operating activities$1.7B-$140.0M$1.2B$396.0M$718.0M-$62.0M
Net income-$244.0M$405.0M$425.0M$489.0M$510.0M$522.0M
Gains Losses On Leased Equipment$1.0M-$4.0M$4.0M$0.0$0.0-$1.0M
Increase (Decrease) In Accrued Income And Other Assets$494.0M$189.0M-$284.0M$172.0M-$298.0M$643.0M
Originations Of Loans Held For Sale Net Of Repayments$2.8B$1.7B$1.8B$3.4B$3.3B$2.0B
Provision for credit losses$39.0M$118.0M$138.0M$107.0M$108.0M$106.0M
Stock-based compensation$28.0M$30.0M$33.0M$36.0M$33.0M$31.0M

Financing

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Proceeds from issuance of debt$81.0M$833.0M$578.0M$73.0M$72.0M$1.1B
Repayments of debt$3.4B$701.0M$1.0B$1.3B$1.1B$74.0M
Dividends paid$238.0M$265.0M$263.0M$264.0M$262.0M$259.0M
Payments For Repurchase of Common Stock, Open Market$0.0$0.0———$389.0M
Payments for Repurchase of Other Equity$1.0M$35.0M———$46.0M
Proceeds from issuance of commercial paper and other short-term borrowings-$259.0M$206.0M$424.0M-$1.4B-$265.0M$5.1B
Proceeds from Issuance of Commercial Paper and Short-Term Borrowings-$259.0M$206.0M$424.0M-$1.4B-$265.0M$5.1B
Net cash from financing activities-$2.5B$1.0B-$4.1B—-$3.8B$4.5B
Net change in deposits—$977.0M-$3.8B$3.9B-$2.1B-$898.0M
Proceeds from issuance of common stock$2.0B$2.0M$1.0M-$3.0M$0.0$5.0M
Proceeds from Commercial Paper and Secured Lines of Credit-$259.0M$206.0M$424.0M-$1.4B-$265.0M$5.1B

Free Cash Flow

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Free cash flow$1.7B-$150.0M$1.2B$367.0M$673.0M-$74.0M

Supplemental

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income taxes paid$0.0-$1.0M$5.0M$24.0M$43.0M$43.0M
Interest paid$1.0B$938.0M$974.0M$927.0M$871.0M$754.0M