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KEY logoKeyCorp(KEY)Earnings, Financials & Key Ratios

KEY•NYSE•Banking & Credit
$21.87
$24.11B mkt cap·14.4× P/E·Price updated May 6, 2026
SectorFinancial ServicesIndustryRegional BanksSub-IndustryBanks with large fee businesses
AboutKeyCorp operates as the holding company for KeyBank National Association that provides various retail and commercial banking products and services in the United States. It operates in two segments, Consumer Bank and Commercial Bank. The company offers various deposits, investment products and services; and personal finance and financial wellness, student loan refinancing, mortgage and home equity, lending, credit card, treasury, business advisory, wealth management, asset management, investment, cash management, portfolio management, and trust and related services to individuals and small and medium-sized businesses. It also provides a suite of banking and capital market products, such as syndicated finance, debt and equity capital market products, commercial payments, equipment finance, commercial mortgage banking, derivatives, foreign exchange, financial advisory, and public finance, as well as commercial mortgage loans comprising consumer, energy, healthcare, industrial, public sector, real estate, and technology loans for middle market clients. In addition, the company offers community development financing, securities underwriting, brokerage, and investment banking services. As of December 31, 2021, it operated through a network of approximately 999 branches and 1,317 ATMs in 15 states, as well as additional offices, online and mobile banking capabilities, and a telephone banking call center. KeyCorp was founded in 1849 and is headquartered in Cleveland, Ohio.Show more
  • Net Interest Income$4.64B+23.1%
  • Total Revenue$11.19B+23.6%
  • Net Income$1.83B+1236.0%
  • Return on Equity9.49%+1066.8%
  • Net Interest Margin2.51%+25.0%
  • Efficiency Ratio41.68%-13.5%
  • ROA0.98%+1247.4%
  • Equity / Assets11.05%+13.8%
  • Book Value per Share18.61-2.8%
  • Tangible BV/Share16.09-0.8%
  • Debt/Equity0.54-31.1%
Analysis→Technical→

KEY Key Insights

KeyCorp (KEY) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓Efficient operations: 41.7% efficiency ratio
  • ✓Well capitalized: 11.1% equity/assets
  • ✓Trading at only 1.2x book value

✗Weaknesses

  • ✗Shares diluted 15.3% in last year

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

KEY Price & Volume

KeyCorp (KEY) stock price & volume — 10-year historical chart

Loading chart...

KEY Growth Metrics

KeyCorp (KEY) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years9.92%
5 Years9.4%
3 Years12.25%
TTM-

Profit CAGR

10 Years7.16%
5 Years6.37%
3 Years-1.55%
TTM1236.02%

EPS CAGR

10 Years3.77%
5 Years3.66%
3 Years-7.65%
TTM606.67%

Return on Capital

10 Years5.76%
5 Years5.51%
3 Years3.14%
Last Year7.03%

KEY Recent Earnings

KeyCorp (KEY) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 10/12 qtrs (83%)●Beat Revenue 6/12 qtrs (50%)
Q2 2026Latest
Apr 16, 2026
EPS
$0.44
Est $0.41
+7.3%
Revenue
$2.0B
Est $1.9B
+0.8%
Q1 2026
Jan 20, 2026
EPS
$0.41
Est $0.39
+5.9%
Revenue
$2.0B
Est $2.0B
+2.2%
Q4 2025
Oct 16, 2025
EPS
$0.41
Est $0.38
+7.9%
Revenue
$2.1B
Est $1.9B
+10.1%
Q3 2025
Jul 22, 2025
EPS
$0.35
Est $0.35
+1.2%
Revenue
$1.8B
Est $1.8B
+1.6%
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestApr 16, 2026
$0.44vs $0.41+7.3%
$2.0Bvs $1.9B+0.8%
Q1 2026Jan 20, 2026
$0.41vs $0.39+5.9%
$2.0Bvs $2.0B+2.2%
Q4 2025Oct 16, 2025
$0.41vs $0.38+7.9%
$2.1Bvs $1.9B+10.1%
Q3 2025Jul 22, 2025
$0.35vs $0.35+1.2%
$1.8Bvs $1.8B+1.6%
Based on last 12 quarters of dataView full earnings history →

KEY Peer Comparison

KeyCorp (KEY) competitors in Banks with large fee businesses — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
RF logoRFRegions Financial CorporationDirect Competitor24.34B28.0412.242.51%22.44%11.29%8.96%0.26
CFG logoCFGCitizens Financial Group, Inc.Direct Competitor27.77B64.3621.241.31%12.22%6.6%6.77%0.51
HBAN logoHBANHuntington Bancshares IncorporatedDirect Competitor25.97B16.4111.814.38%17.71%10.04%8.77%0.76
FITB logoFITBFifth Third BancorpDirect Competitor33.69B50.3016.025.62%17.73%11.43%7.15%0.97
MTB logoMTBM&T Bank CorporationDirect Competitor33.12B215.4914.727.18%19.31%9.65%10.25%0.47
ZION logoZIONZions Bancorporation, National AssociationDirect Competitor9.34B63.1312.757.98%15.7%12.41%11.26%0.71
CMA logoCMAComerica IncorporatedDirect Competitor11.35B88.6716.76-3.91%15.07%9.38%0.70
USB logoUSBU.S. BancorpProduct Competitor86.46B55.6012.060.35%17.68%11.54%1.19

Compare KEY vs Peers

KeyCorp (KEY) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs RF

Most directly comparable listed peer for KEY.

Scale Benchmark

vs JPM

Larger-name benchmark to compare KEY against a more recognizable public peer.

Peer Set

Compare Top 5

vs RF, CFG, HBAN, FITB

KEY Income Statement

KeyCorp (KEY) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Net Interest Income3.78B3.91B3.91B4.03B4.07B4.53B3.91B3.77B4.64B
NII Growth %29.39%3.49%0%3.2%0.92%11.2%-13.56%-3.78%23.13%
Net Interest Margin %2.74%2.8%2.7%2.37%2.18%2.38%2.08%2.01%2.51%
Interest Income4.39B4.88B5.24B4.68B4.37B5.41B7.93B8.43B8.39B
Interest Expense613M969M1.33B651M296M885M4.01B4.66B3.75B
Loan Loss Provision229M246M445M1.02B-418M502M489M335M471M
Non-Interest Income2.29B2.25B2.27B2.46B2.97B2.5B2.3B628M2.8B
Non-Interest Income %34.24%31.55%30.26%34.39%40.46%31.59%22.5%6.94%25.04%
Total Revenue
6.68B▲ 0%
7.13B▲ 6.7%
7.51B▲ 5.3%
7.14B▼ 4.9%
7.33B▲ 2.7%
7.91B▲ 7.9%
10.23B▲ 29.3%
9.05B▼ 11.5%
11.19B▲ 23.6%
Revenue Growth %29.51%6.74%5.33%-4.86%2.7%7.87%29.3%-11.48%23.56%
Non-Interest Expense3.91B3.71B3.71B3.91B4.2B4.19B4.57B4.36B4.66B
Efficiency Ratio58.51%52.03%49.47%54.8%57.29%52.98%44.64%48.19%41.68%
Operating Income
1.93B▲ 0%
2.2B▲ 14.3%
2.02B▼ 8.2%
1.56B▼ 23.0%
3.25B▲ 109.1%
2.33B▼ 28.3%
1.16B▼ 50.3%
-306M▼ 126.4%
2.3B▲ 852.9%
Operating Margin %28.88%30.91%26.94%21.79%44.37%29.49%11.34%-3.38%20.59%
Operating Income Growth %99.17%14.26%-8.22%-23.05%109.13%-28.3%-50.28%-126.38%852.94%
Pretax Income
1.93B▲ 0%
2.2B▲ 14.3%
2.02B▼ 8.2%
1.56B▼ 23.0%
3.25B▲ 109.1%
2.33B▼ 28.3%
1.16B▼ 50.3%
-306M▼ 126.4%
2.3B▲ 852.9%
Pretax Margin %28.88%30.91%26.94%21.79%44.37%29.49%11.34%-3.38%20.59%
Income Tax637M344M314M227M642M422M196M-143M475M
Effective Tax Rate %33.04%15.62%15.53%14.59%19.73%18.09%16.9%46.73%20.62%
Net Income
1.3B▲ 0%
1.87B▲ 44.0%
1.72B▼ 8.0%
1.34B▼ 21.8%
2.63B▲ 95.5%
1.92B▼ 27.0%
967M▼ 49.6%
-161M▼ 116.6%
1.83B▲ 1236.0%
Net Margin %19.41%26.19%22.88%18.81%35.79%24.23%9.45%-1.78%16.35%
Net Income Growth %63.84%43.98%-7.99%-21.78%95.46%-26.97%-49.56%-116.65%1236.02%
Net Income (Continuing)1.29B1.86B1.71B1.33B2.61B1.91B964M-163M1.83B
EPS (Diluted)
1.13▲ 0%
1.71▲ 51.3%
1.62▼ 5.3%
1.27▼ 21.6%
2.63▲ 107.1%
1.93▼ 26.6%
0.88▼ 54.4%
-0.32▼ 136.4%
1.52▲ 575.0%
EPS Growth %41.25%51.33%-5.26%-21.6%107.09%-26.62%-54.4%-136.36%575%
EPS (Basic)1.141.731.631.282.661.940.89-0.321.66
Diluted Shares Outstanding1.09B1.05B1B974.81M957.41M933.06M932.76M949.56M1.1B

KEY Balance Sheet

KeyCorp (KEY) balance sheet — assets, liabilities & shareholders' equity

Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Cash & Short Term Investments23.26B22.67B23.85B44.84B57.29B42.44B48.94B22.51B11.45B
Cash & Due from Banks671M678M732M1.09B913M887M941M1.74B1.29B
Short Term Investments22.59B21.99B23.11B43.75B56.37B41.55B48B20.76B10.16B
Total Investments119.02B120.63B125.15B149.47B164.62B167.13B166.26B164.87B59.33B
Investments Growth %0.86%1.35%3.75%19.44%10.13%1.53%-0.52%-0.84%-64.01%
Long-Term Investments96.43B98.64B102.03B105.72B108.24B125.58B118.26B144.1B49.17B
Accounts Receivables00000000105.11B
Goodwill & Intangibles2.95B2.83B2.92B2.85B2.82B2.85B2.81B2.78B2.76B
Goodwill2.54B2.52B2.66B2.66B2.69B2.75B2.75B2.75B2.75B
Intangible Assets416M316M253M188M130M94M55M27M8M
PP&E (Net)930M882M814M753M681M636M661M614M628M
Other Assets9.34B10.03B10.72B11.81B13.28B14.41B14.12B14.46B13.12B
Total Current Assets28.04B27.24B28.5B49.19B61.33B46.34B52.43B25.22B118.7B
Total Non-Current Assets109.66B112.38B116.49B121.14B125.02B143.47B135.85B161.95B65.68B
Total Assets
137.7B▲ 0%
139.61B▲ 1.4%
144.99B▲ 3.8%
170.34B▲ 17.5%
186.35B▲ 9.4%
189.81B▲ 1.9%
188.28B▼ 0.8%
187.17B▼ 0.6%
184.38B▼ 1.5%
Asset Growth %0.91%1.39%3.85%17.48%9.4%1.86%-0.81%-0.59%-1.49%
Return on Assets (ROA)0.95%1.35%1.21%0.85%1.47%1.02%0.51%-0.09%0.98%
Accounts Payable00000000148.71B
Total Debt15.34B14.6B13.54B14.69B12.8B28.77B22.64B14.25B11B
Net Debt14.67B13.92B12.81B13.6B11.89B27.88B21.7B12.51B9.71B
Long-Term Debt14.32B13.72B12.44B13.7B12.03B19.3B19.55B12.1B9.92B
Short-Term Debt1.01B863M1.09B979M761M9.46B3.09B2.14B1.08B
Other Liabilities-12.04B-12.16B-12.74B-11.84B005.41B4.98B0
Total Current Liabilities108.34B110.28B115.5B138.65B156.88B157.05B148.68B151.9B154.08B
Total Non-Current Liabilities14.33B13.73B12.45B13.71B12.04B19.31B24.97B17.09B9.92B
Total Liabilities122.67B124.02B127.95B152.35B168.92B176.36B173.64B168.99B164B
Total Equity
15.03B▲ 0%
15.6B▲ 3.8%
17.04B▲ 9.2%
17.98B▲ 5.5%
17.42B▼ 3.1%
13.45B▼ 22.8%
14.64B▲ 8.8%
18.18B▲ 24.2%
20.38B▲ 12.1%
Equity Growth %-1.41%3.8%9.25%5.53%-3.1%-22.78%8.79%24.18%12.13%
Equity / Assets (Capital Ratio)10.91%11.17%11.75%10.56%9.35%7.09%7.77%9.71%11.05%
Return on Equity (ROE)8.56%12.19%10.52%7.67%14.83%12.42%6.88%-0.98%9.49%
Book Value per Share13.8014.7917.0018.4518.2014.4215.6919.1418.61
Tangible BV per Share11.0912.1014.0915.5215.2511.3712.6816.2116.09
Common Stock1.26B1.26B1.26B1.26B1.26B1.26B1.26B1.26B1.26B
Additional Paid-in Capital6.33B6.33B6.29B6.28B6.28B6.29B6.28B6.04B6.04B
Retained Earnings10.34B11.56B12.47B12.75B14.55B15.62B15.67B14.58B15.36B
Accumulated OCI-779M-818M26M738M-586M-6.29B-5.23B-3.47B-1.96B
Treasury Stock-3.15B-4.18B-4.91B-4.95B-5.98B-5.91B-5.84B-2.73B-2.81B
Preferred Stock1.02B1.45B1.9B1.9B1.9B2.5B2.5B2.5B2.5B

KEY Cash Flow Statement

KeyCorp (KEY) cash flow — operating, investing & free cash flow history

Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Cash from Operations1.81B2.51B2.91B1.67B1.15B4.47B2.9B664M0
Operating CF Growth %7.46%38.07%15.96%-42.43%-31.08%287.6%-35.04%-77.13%-100%
Net Income1.3B1.87B1.72B1.34B2.63B1.92B967M-161M1.83B
Depreciation & Amortization407M382M241M111M32M164M154M73M0
Deferred Taxes303M98M53M-191M146M-27M-108M-351M0
Other Non-Cash Items-324M74M990M4M-1.79B2.06B1.08B1.48B-1.83B
Working Capital Changes31M-13M-191M305M34M237M691M-483M0
Cash from Investing-2.24B-2.48B-4.92B-24.72B-15.07B-10.93B1.42B2.5B0
Purchase of Investments-8.16B-3.98B-5.79B-30.69B-28.25B-8.78B-11.74B-27.77B0
Sale/Maturity of Investments1000K1000K1000K1000K1000K1000K1000K1000K0
Net Investment Activity-8.16B-3.98B-5.79B-30.69B-28.25B-8.78B-11.74B-27.76B0
Acquisitions-144M124M-185M0-29M-58M000
Other Investing-656M-3.38B-5.69B-7.08B-3.86B-17.42B6.92B8.24B0
Cash from Financing418M-17M2.07B23.41B13.74B6.44B-4.27B-2.36B0
Dividends Paid-480M-656M-804M-829M-823M-854M-911M-927M0
Share Repurchases-1.08B-1.1B-835M-134M-1.14B0-38M00
Stock Issued25M20M18M8M27M6M1M10M0
Net Stock Activity-1.05B-1.08B-817M-126M-1.12B6M-37M10M0
Debt Issuance (Net)1000K-1000K-1000K1000K-1000K1000K-1000K-1000K0
Other Financing1.08B2.03B4.53B23.38B17.26B-10.02B2.96B6.92B0
Net Change in Cash
-6M▲ 0%
7M▲ 216.7%
54M▲ 671.4%
359M▲ 564.8%
-178M▼ 149.6%
-26M▲ 85.4%
54M▲ 307.7%
802M▲ 1385.2%
-1.74B▼ 317.3%
Exchange Rate Effect000000000
Cash at Beginning677M671M678M732M1.09B913M887M941M1.74B
Cash at End671M678M732M1.09B913M887M941M1.74B0
Interest Paid598M892M1.25B731M363M601M3.11B4.16B0
Income Taxes Paid6M12M18M241M277M292M156M68M0
Free Cash Flow
1.7B▲ 0%
2.41B▲ 41.3%
2.82B▲ 17.2%
1.61B▼ 42.9%
1.09B▼ 32.5%
4.36B▲ 301.2%
2.76B▼ 36.7%
599M▼ 78.3%
0▼ 100.0%
FCF Growth %10.3%41.34%17.2%-42.93%-32.48%301.2%-36.69%-78.31%-100%

KEY Banking Ratios

KeyCorp (KEY) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric2016201720182019202020212022202320242025
Return on Equity (ROE)6.08%8.56%12.19%10.52%7.67%14.83%12.42%6.88%-0.98%9.49%
Return on Assets (ROA)0.68%0.95%1.35%1.21%0.85%1.47%1.02%0.51%-0.09%0.98%
Net Interest Margin2.14%2.74%2.8%2.7%2.37%2.18%2.38%2.08%2.01%2.51%
Efficiency Ratio68.3%58.51%52.03%49.47%54.8%57.29%52.98%44.64%48.19%41.68%
Equity / Assets11.17%10.91%11.17%11.75%10.56%9.35%7.09%7.77%9.71%11.05%
Book Value / Share16.2413.814.791718.4518.214.4215.6919.1418.61
NII Growth24.32%29.39%3.49%0%3.2%0.92%11.2%-13.56%-3.78%23.13%
Dividend Payout42.35%37.04%35.16%46.83%61.73%31.35%44.55%94.21%--

KEY SEC Filings & Documents

KeyCorp (KEY) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Apr 16, 2026·SEC

Material company update

Mar 2, 2026·SEC

Material company update

Feb 9, 2026·SEC

10-K Annual Reports

2
FY 2026

Feb 23, 2026·SEC

FY 2025

Feb 21, 2025·SEC

10-Q Quarterly Reports

5
FY 2025

Nov 4, 2025·SEC

FY 2025

Aug 5, 2025·SEC

FY 2025

May 6, 2025·SEC

KEY Frequently Asked Questions

KeyCorp (KEY) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

KeyCorp (KEY) grew revenue by 23.6% over the past year. This is strong growth.

Yes, KeyCorp (KEY) is profitable, generating $1.83B in net income for fiscal year 2025 (16.3% net margin).

Dividend & Returns

KeyCorp (KEY) has a return on equity (ROE) of 9.5%. This is below average, suggesting room for improvement.

Industry Metrics

KeyCorp (KEY) has a net interest margin (NIM) of 2.5%. NIM has been under pressure due to interest rate environment.

KeyCorp (KEY) has an efficiency ratio of 41.7%. This is excellent, indicating strong cost control.

Explore More KEY

KeyCorp (KEY) financial analysis — history, returns, DCA and operating performance tools

Full KEY Stock Analysis

Analyst verdict, bull/bear case, risk factors and peer comparison

→

Total Return Calculator

Historical returns with dividends reinvested

→

DCA Calculator

Dollar cost averaging vs lump sum

→

Dividend History

Yield, growth, payout safety & DRIP

→

Earnings History

EPS trends, net income & profitability

→

Price History

Long-term charts & historical price data

→

Revenue History

Sales growth patterns & revenue breakdown

→

Financial Ratios

30 years of market, efficiency and balance-sheet ratios

→

Valuation

DCF intrinsic value, peer multiples & estimates

→
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