Income StatementBalance SheetCash FlowSegments
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KeyCorp Income Statement

Revenue, expenses, and profitability over time

KeyCorp generated $7.7B in trailing twelve-month revenue, up 0.6% year-over-year. Net income was $1.9B with a 25.41% net margin. Diluted EPS is $1.63, which grew 10.1% year-over-year. Based on the Q1 2026 filing.

Total Revenue (TTM)$7.7BNet Income (TTM)$1.9BEps Diluted (TTM)$1.63
Latest FilingQ1 2026
Report Date2026-05-05
Market Cap$22.8B
P/E Ratio11.74
ROE9.98%

Operating Expenses

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Stock-Based Compensation Expense$28.0M$30.0M$33.0M$36.0M$33.0M$31.0M
Share-Based Compensation Expense$28.0M$30.0M$33.0M$36.0M$33.0M$31.0M
Information processing and communications$107.0M$107.0M$107.0M$105.0M$106.0M$111.0M
Compensation and benefits$734.0M$680.0M$705.0M$742.0M$790.0M$743.0M
Technology and communications expense$107.0M$107.0M$107.0M$105.0M$106.0M$111.0M
Information processing and communications$107.0M$107.0M$107.0M$105.0M$106.0M$111.0M
Stock-based compensation expense$28.0M$30.0M$33.0M$36.0M$33.0M$31.0M
Occupancy and equipment$67.0M$67.0M$69.0M$65.0M$69.0M$68.0M
Other operating expenses$198.0M$185.0M$170.0M$170.0M$157.0M$179.0M
Professional fees$55.0M$40.0M$48.0M$44.0M$61.0M$36.0M
Provision for credit losses$39.0M$118.0M$138.0M$107.0M$108.0M$106.0M
Selling and marketing$33.0M$21.0M$24.0M$22.0M$28.0M$18.0M
Share-Based Compensation$28.0M$30.0M$33.0M$36.0M$33.0M$31.0M
Total operating expenses$1.2B$1.1B$1.2B$1.2B$1.2B$1.2B

Earnings Per Share

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Diluted earnings per share from discontinued operations$0.0$0.0$0.0$0.0$0.0$0.0
EPS from Discontinued Operations, Diluted$0.0$0.0$0.0$0.0$0.0$0.0
Diluted EPS from Discontinued Operations$0.0$0.0$0.0$0.0$0.0$0.0
Basic earnings per share$-0.29$0.34$0.35$0.41$0.43$0.45
Basic EPS from discontinued operations$0.00$0.00$0.00$0.00$0.00$0.00
Diluted earnings per share$-0.29$0.33$0.35$0.41$0.43$0.44
Diluted EPS from discontinued operations$0.00$0.00$0.00$0.00$0.00$0.00
Discontinued operations (in dollars per share)$0.0$0.0$0.0$0.0$0.0$0.0
Diluted EPS from Discontinued Operations$0.0$0.0$0.0$0.0$0.0$0.0
Diluted EPS from discontinued operations$0.0$0.0$0.0$0.0$0.0$0.0
Diluted EPS from Discontinued Operations$0.0$0.0$0.0$0.0$0.0$0.0
EPS - Discontinued Operations (Diluted)$0.0$0.0$0.0$0.0$0.0$0.0
Diluted EPS from discontinued operations$0.0$0.0$0.0$0.0$0.0$0.0
Discontinued operations per diluted share$0.0$0.0$0.0$0.0$0.0$0.0
EPS from Discontinued Operations (Diluted)$0.0$0.0$0.0$0.0$0.0$0.0
Weighted-average shares, basic12.6M1.1B1.1B1.1B—1.1B
Weighted-average shares, diluted12.6M1.1B1.1B1.1B—1.1B

Cost of Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Interest Expense on Long-Term Debt$235.0M$193.0M$198.0M$181.0M$162.0M$151.0M
Total interest expense (banking)$235.0M$193.0M$198.0M$181.0M$162.0M$151.0M

Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Interest Income on Trading Debt Securities$16.0M$17.0M$16.0M$11.0M$12.0M$11.0M
Commissions and Fees Revenue$221.0M$175.0M$178.0M$184.0M$243.0M$197.0M
Investment Banking, Brokerage and Underwriting Fees$221.0M$175.0M$178.0M$184.0M$243.0M$197.0M
Net interest income$1.1B$1.1B$1.1B$1.2B$1.2B$1.2B
Net interest income after provision for credit losses$1.0B$978.0M$1.0B$1.1B$1.1B$1.1B
Rental income$15.0M$9.0M$14.0M$11.0M$9.0M$8.0M
Total interest income$2.1B$2.1B$2.1B$2.1B$2.1B$2.0B
Total noninterest income—$668.0M$690.0M$702.0M$782.0M$723.0M
Total revenue$855.0M$1.8B$1.8B$1.9B$2.0B$1.9B
Interest Income from Loans Held for Sale$20.0M$14.0M$11.0M$18.0M$18.0M$14.0M
Interest Income from Loans Held in Portfolio$1.4B$1.4B$1.4B$1.5B$1.4B$1.4B
Mortgage Banking Income$68.0M$76.0M$70.0M$73.0M$68.0M$62.0M

Net Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Net income applicable to common shareholders-$279.0M$369.0M$389.0M$453.0M$475.0M$486.0M
Income from discontinued operations$0.0-$1.0M$2.0M-$1.0M$1.0M$0.0
Net earnings to common-$279.0M$369.0M$389.0M$453.0M$475.0M$486.0M
Net Income Available to Common Shareholders-$279.0M$369.0M$389.0M$453.0M$475.0M$486.0M
Net income-$244.0M$405.0M$425.0M$489.0M$510.0M$522.0M
Income from continuing operations-$244.0M$406.0M$423.0M$490.0M$509.0M$522.0M
Net income attributable to common stock-$279.0M$369.0M$389.0M$453.0M$475.0M$486.0M

Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Cash Paid for Income Taxes$0.0-$1.0M$5.0M$24.0M$43.0M$43.0M
Income Taxes Paid, Net$0.0-$1.0M$5.0M$24.0M$43.0M$43.0M
Income tax expense-$169.0M$109.0M$116.0M$112.0M$139.0M$136.0M
Income Taxes Paid, Net$0.0-$1.0M$5.0M$24.0M$43.0M$43.0M
Income and Other Taxes$0.0-$1.0M$5.0M$24.0M$43.0M$43.0M

Other Income & Expense

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Cash Paid for Interest$1.0B$938.0M$974.0M$927.0M$871.0M$754.0M
Interest Expense on Short-Term Borrowings and Other$24.0M$27.0M$34.0M$14.0M$9.0M$20.0M
Interest expense$1.1B$974.0M$966.0M$947.0M$863.0M$783.0M
Interest income$15.0M$9.0M$8.0M$8.0M$8.0M$5.0M
Interest expense, fed funds and repos$1.0M$1.0M$4.0M$4.0M$4.0M$14.0M
Other income (expense), net—$7.0M$1.0M$8.0M$7.0M$18.0M

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Reclassifications Net of Tax-$279.0M$369.0M$389.0M$453.0M$475.0M$486.0M
Income Taxes Paid, Net$0.0-$1.0M$5.0M$24.0M$43.0M$43.0M
Interest Paid, Net$1.0B$938.0M$974.0M$927.0M$871.0M$754.0M
Bank Owned Life Insurance Income$36.0M$33.0M$32.0M$35.0M$40.0M$34.0M
Corporate services income$69.0M$65.0M$76.0M$72.0M$81.0M$71.0M
Cards and payments income$85.0M$82.0M$85.0M$86.0M$84.0M$86.0M
Consumer Mortgage Income$16.0M$13.0M$15.0M$14.0M$16.0M$13.0M
Depreciation, Amortization and Accretion, Net$5.0M$3.0M$8.0M$7.0M$3.0M-$5.0M
Equipment$20.0M$20.0M$21.0M$20.0M$22.0M$19.0M
Net gains/(losses) on sales of loans$36.0M$30.0M$30.0M$33.0M$54.0M$36.0M
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent-$244.0M$406.0M$423.0M$490.0M$509.0M$522.0M
Income Taxes Paid, Net$0.0-$1.0M$5.0M$24.0M$43.0M$43.0M
Increase (Decrease) in Other Operating Assets and Liabilities, Net—-$300.0M-$205.0M-$17.0M-$11.0M$46.0M
Increase (Decrease) in Debt Securities, Trading, and Equity Securities, FV-NI—$13.0M$78.0M-$402.0M—-$278.0M
Interest and Dividend Income, Operating$2.1B$2.1B$2.1B$2.1B$2.1B$2.0B
Interest Income, Held-to-maturity$66.0M$63.0M$61.0M$64.0M$76.0M$86.0M
Interest Expense, Deposits$821.0M$753.0M$730.0M$748.0M$688.0M$598.0M
Interest Expense, Long-Term Debt$235.0M$193.0M$198.0M$181.0M$162.0M$151.0M
Interest Income, Available-for-sale$353.0M$392.0M$411.0M$408.0M$388.0M$370.0M
Interest Income (Expense), after Provision for Loan Loss$1.0B$978.0M$1.0B$1.1B$1.1B$1.1B
Interest Income (Expense), Operating$1.1B$1.1B$1.1B$1.2B$1.2B$1.2B
Interest Income Operating$214.0M$174.0M$157.0M$156.0M$137.0M$103.0M
Interest Income, Other$15.0M$9.0M$8.0M$8.0M$8.0M$5.0M
Interest Paid, Excluding Capitalized Interest, Operating Activity$1.0B$938.0M$974.0M$927.0M$871.0M$754.0M
Cash Provided by (Used in) Financing Activity, Including Discontinued Operation-$2.5B$1.0B-$4.1B—-$3.8B$4.5B
Cash Provided by (Used in) Investing Activity, Including Discontinued Operation$1.2B-$711.0M$2.7B—$2.4B-$4.6B
Cash Provided by (Used in) Operating Activity, Including Discontinued Operation$1.7B-$140.0M$1.2B$396.0M$718.0M-$62.0M
Noninterest Expense$1.2B$1.1B$1.2B$1.2B$1.2B$1.2B
Total other income—$7.0M$1.0M$8.0M$7.0M$18.0M
Occupancy and Related Charges$15.0M$11.0M$10.0M$9.0M$8.0M$7.0M
Lease income — operating leases$15.0M$9.0M$14.0M$11.0M$9.0M$8.0M
Payments of Dividends$238.0M$265.0M$263.0M$264.0M$262.0M$259.0M
Payments to Acquire Held-to-Maturity Securities$0.0$0.0——$1.4B$869.0M
Payments to Acquire Productive Assets$23.0M$10.0M$23.0M$29.0M$45.0M$12.0M
Proceeds from Issuance of Common Stock$5.0M$2.0M$1.0M$2.0M$4.0M$5.0M
Debt issued (Note 13)$81.0M$833.0M$578.0M$73.0M$72.0M$1.1B
Proceeds from Life Insurance Policy$17.0M$19.0M$11.0M$26.0M$30.0M$23.0M
Proceeds from Maturities, Prepayments and Calls of Held-to-Maturity Securities$309.0M$236.0M$248.0M$275.0M$295.0M$377.0M
Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-Sale$1.0B$1.5B$1.7B$1.7B$2.4B$1.2B
Proceeds From Sale Of Loans Held For Sale$3.1B$1.7B$2.0B$3.0B$3.3B$2.2B
Reduction Of Secured Borrowing And Related Collateral$1.0M$1.0M——$1.0M$0.0
Repayments of Long-Term Debt$3.4B$701.0M$1.0B$1.3B$1.1B$74.0M
Service charges on deposit accounts$65.0M$69.0M$73.0M$75.0M$78.0M$77.0M
Stock-based compensation$28.0M$30.0M$33.0M$36.0M$33.0M$31.0M
Transfer from trading securities to investment securities$1.0M$0.0$71.0M$0.0$35.0M$13.0M
Trust and investment services income$142.0M$139.0M$146.0M$150.0M$156.0M$157.0M

Income Before Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income before income taxes-$413.0M$515.0M$539.0M$602.0M$648.0M$658.0M