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KeyCorp KEY Bank Owned Life Insurance

Bank Owned Life Insurance at other companies

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Other financials

Income statement

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Revenue$2.0B+7.0%
Net income$509.0M+19.8%
EPS (diluted)$0.44+25.7%

Balance sheet

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Total debt$17.0B+15.7%
Total equity$20.0B+5.2%
Total assets$188.66B0.0%

Cash flow

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Operating cash flow-$62.0M+55.7%
CapEx$12.0M+20.0%
Free cash flow-$74.0M+50.7%

Valuation

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Market cap$24.37B+27.9%
P/E12×-96.2×
P/S3.1×-0.6×

Profitability

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Net margin26.1%+22.6pp
FCF margin28.4%

Returns & leverage

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Return on equity10%+9.8pp
Debt / equity0.9×+0.1×

Where this comes from

Reported directly by KeyCorp in its filing.

Tagged under the XBRL concept us-gaap:BankOwnedLifeInsurance.

The source filing: KeyCorp’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 4:08 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-030507
Dollars in millions, except per share dataMarch 31,2026December 31,2025
Premises and equipment618628
Goodwill2,7522,752
Other intangible assets58
Corporate-owned life insurance4,4394,432
Accrued income and other assets9,1008,481
Discontinued assets199211
Total assets$188,663$184,381
LIABILITIES

Item 1. Financial Statements

FAQ

What is KeyCorp's bank owned life insurance?
KeyCorp (KEY) reported bank owned life insurance of $4.44B in Q1 2026.
How has KeyCorp's bank owned life insurance changed year-over-year?
KeyCorp's bank owned life insurance increased by 0.8% year-over-year, from $4.4B to $4.44B.
What is the long-term trend for KeyCorp's bank owned life insurance?
Over 5 years (2020 to 2025), KeyCorp's bank owned life insurance has grown at a 0.7% compound annual growth rate (CAGR), from $4.29B to $4.43B.
What does bank owned life insurance mean?
Bank Owned Life Insurance (BOLI) is a life insurance policy purchased by a bank on the lives of its key employees. The bank is the beneficiary and uses the cash surrender value as a long-term asset to offset the costs of employee benefit plans. It provides a tax-advantaged return on investment.

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