financial statements

The full income statement, balance sheet, and cash-flow statement for KeyCorp (KEY), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

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PeriodRangeOrderChangeYoYQoQAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022	FY2021
Income Statement	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	1.75B YoY+6.5%	1.64B YoY+14.5%	1.44B YoY-10.0%	1.59B YoY-12.6%	1.82B YoY+27.7%
Noninterest income	2.84B YoY+251.3%	809M YoY-67.2%	2.47B YoY-9.1%	2.72B YoY-14.9%	3.19B YoY+20.4%
Amortization of intangibles	—	—	—	—	58.0M YoY-10.8%
Noninterest expense	4.70B YoY+3.5%	4.54B YoY-4.0%	4.73B YoY+7.3%	4.41B YoY-0.4%	4.43B YoY+7.8%
Provision for credit losses	471M YoY+40.6%	335M YoY-31.5%	489M YoY-2.6%	502M YoY+220.1%	-418M YoY-140.9%
Interest expense	—	—	4.01B YoY+353.6%	885M YoY+199.0%	296M YoY-54.5%
Interest & investment income	8.39B YoY-0.5%	8.43B YoY+6.3%	7.93B YoY+46.5%	5.41B YoY+23.9%	4.37B YoY-6.8%
Net interest income	4.64B YoY+23.1%	3.77B YoY-3.8%	3.91B YoY-13.6%	4.53B YoY+11.2%	4.07B YoY+0.9%
Pre-tax income	2.30B YoY+852.9%	-306M YoY-126.4%	1.16B YoY-50.3%	2.33B YoY-28.3%	3.25B YoY+109.1%
Income tax	476M YoY+432.9%	-143M YoY-173.0%	196M YoY-53.6%	422M YoY-34.3%	642M YoY+182.8%
	1.83B YoY+1236.0%	-161M YoY-116.6%	967M YoY-49.6%	1.92B YoY-27.0%	2.63B YoY+95.5%
Income from continuing operations	1.83B YoY+1221.5%	-163M YoY-116.9%	964M YoY-49.6%	1.91B YoY-26.8%	2.61B YoY+96.5%
Discontinued operations	1.00M YoY-50.0%	2.00M YoY-33.3%	3.00M YoY-50.0%	6.00M YoY-53.8%	13.0M YoY-7.1%
Net income to non-controlling interest	—	—	0.00	0.00	0.00
Preferred dividends	143M YoY+0.0%	143M YoY+0.0%	143M YoY+21.2%	118M YoY+11.3%	106M YoY+0.0%
Net income to common	1.69B YoY+654.6%	-304M YoY-136.9%	824M YoY-54.2%	1.80B YoY-28.6%	2.52B YoY+103.6%
	$1.52 YoY+575.0%	-$0.32 YoY-136.4%	$0.88 YoY-54.4%	$1.93 YoY-26.6%	$2.63 YoY+107.1%
EPS (basic)	$1.53 YoY+578.1%	-$0.32 YoY-136.0%	$0.89 YoY-54.1%	$1.94 YoY-26.8%	$2.65 YoY+107.0%
Weighted-avg shares (basic)	1.10B YoY+15.7%	950M YoY+2.4%	927M YoY+0.3%	924M YoY-2.4%	947M YoY-2.1%
Weighted-avg shares (diluted)	1.11B YoY+16.7%	950M YoY+1.8%	933M YoY-0.0%	933M YoY-2.5%	957M YoY-1.8%
Dividends per share	$0.82 YoY+0.0%	$0.82 YoY+0.0%	$0.82 YoY+3.8%	$0.79 YoY+5.3%	$0.75 YoY+1.4%
Balance Sheet	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Cash & equivalents	1.29B YoY-26.2%	1.74B YoY+85.2%	941M YoY+6.1%	887M YoY-2.8%	913M YoY-16.3%
Short-term investments	10.2B YoY-41.9%	17.5B YoY+61.8%	10.8B YoY+344.8%	2.43B YoY-77.9%	11.0B YoY-32.0%
	184B YoY-1.5%	187B YoY-0.6%	188B YoY-0.8%	190B YoY+1.9%	186B YoY+9.4%
Property, plant & equipment	814M YoY+0.0%	814M YoY+0.0%	814M YoY+0.0%	814M YoY+0.0%	814M YoY+0.0%
Operating lease right-of-use	444M YoY-2.0%	453M YoY-5.4%	479M YoY-8.8%	525M YoY-11.8%	595M YoY-5.6%
Goodwill	2.75B YoY+0.0%	2.75B YoY+0.0%	2.75B YoY+0.0%	2.75B YoY+2.2%	2.69B YoY+1.1%
Intangible assets	8.00M YoY-70.4%	27.0M YoY-50.9%	55.0M YoY-41.5%	94.0M YoY-27.7%	130M YoY-30.9%
Short-term & current debt	521M YoY+0.0%	521M YoY+0.0%	521M YoY+0.0%	521M YoY+0.0%	521M YoY+0.0%
	164B YoY-3.0%	169B YoY-2.7%	174B YoY-1.5%	176B YoY+4.4%	169B YoY+10.9%
Long-term debt	9.92B YoY-18.1%	12.1B YoY-38.1%	19.6B YoY+1.3%	19.3B YoY+60.3%	12.0B YoY-12.2%
	20.4B YoY+12.1%	18.2B YoY+24.2%	14.6B YoY+8.8%	13.5B YoY-22.8%	17.4B YoY-3.1%
Preferred stock	2.50B YoY+0.0%	2.50B YoY+0.0%	2.50B YoY+0.0%	2.50B YoY+31.6%	1.90B YoY+0.0%
Common stock	1.26B YoY+0.0%	1.26B YoY+0.0%	1.26B YoY+0.0%	1.26B YoY+0.0%	1.26B YoY+0.0%
Additional paid-in capital	6.04B YoY-0.0%	6.04B YoY-3.9%	6.28B YoY-0.1%	6.29B YoY+0.1%	6.28B YoY-0.0%
Retained earnings	15.4B YoY+5.3%	14.6B YoY-6.9%	15.7B YoY+0.4%	15.6B YoY+7.3%	14.6B YoY+14.1%
Treasury stock	2.81B YoY+2.8%	2.73B YoY-53.2%	5.84B YoY-1.1%	5.91B YoY-1.2%	5.98B YoY+20.9%
Accumulated other comprehensive income	-1.96B YoY+43.5%	-3.47B YoY+33.6%	-5.23B YoY+16.9%	-6.29B YoY-974.2%	-586M YoY-179.4%
Non-controlling interest	0.00	0.00	0.00	0.00	0.00
Total equity incl. non-controlling	14.3B YoY+0.0%	14.3B YoY+0.0%	14.3B YoY+6.5%	13.5B YoY-22.8%	17.4B YoY-3.1%
Total liabilities & equity	184B YoY-1.5%	187B YoY-0.6%	188B YoY-0.8%	190B YoY+1.9%	186B YoY+9.4%
Common shares issued	1.26B YoY+0.0%	1.26B YoY+0.0%	1.26B YoY+0.0%	1.26B YoY+0.0%	1.26B YoY+0.0%
Shares outstanding (cover)	1.09B YoY+10.3%	991M YoY+5.9%	936M YoY+0.4%	933M YoY+0.2%	931M YoY-4.7%
Cash Flow	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	2.21B YoY+232.5%	664M YoY-77.1%	2.90B YoY-35.0%	4.47B YoY+287.6%	1.15B YoY-31.1%
Depreciation & amortization	87.0M YoY-4.4%	91.0M YoY+2.2%	89.0M YoY-7.3%	96.0M YoY-10.3%	107M YoY-7.0%
Share-based compensation	132M YoY+26.9%	104M YoY-14.0%	121M YoY+0.8%	120M YoY+15.4%	104M YoY+3.0%
Deferred income taxes	3.00M YoY+100.9%	-351M YoY-222.0%	-109M YoY-319.2%	-26.0M YoY-117.8%	146M YoY+176.0%
	3.22B YoY+28.9%	2.50B YoY+76.2%	1.42B YoY+113.0%	-10.9B YoY+27.4%	-15.1B YoY+39.0%
Capital expenditure	107M YoY+64.6%	65.0M YoY-54.2%	142M YoY+47.9%	96.0M YoY+45.5%	66.0M YoY+4.8%
Acquisitions	—	0.00	0.00 YoY-100.0%	58.0M YoY+100.0%	29.0M
Sales/maturities of investments	7.34B YoY+166.1%	2.76B YoY-14.5%	3.23B YoY-29.0%	4.54B YoY-40.4%	7.62B YoY-23.2%
Proceeds from sale of PP&E	4.00M YoY-83.3%	24.0M YoY+380.0%	5.00M YoY-68.8%	16.0M YoY+300.0%	4.00M
	-5.88B YoY-149.4%	-2.36B YoY+44.7%	-4.27B YoY-166.3%	6.44B YoY-53.1%	13.7B YoY-41.3%
Long-term debt issued	1.56B YoY-5.5%	1.65B YoY-68.6%	5.24B YoY-68.4%	16.6B YoY+1279.6%	1.20B YoY-66.6%
Long-term debt repaid	4.05B YoY-55.3%	9.06B YoY+79.3%	5.05B YoY-41.1%	8.58B YoY+234.4%	2.57B YoY+2.3%
Net short-term debt	—	—	-6.37B YoY-173.2%	8.70B YoY+4091.7%	-218M
Common stock issued	9.00M YoY-10.0%	10.0M YoY+900.0%	1.00M YoY-83.3%	6.00M YoY-77.8%	27.0M YoY+237.5%
Common stock repurchased	—	—	0.00	0.00 YoY-100.0%	585M YoY+336.6%
Dividends paid	1.05B YoY+13.7%	927M YoY+1.8%	911M YoY+6.7%	854M YoY+3.8%	823M YoY-0.7%
Net change in cash	-456M YoY-156.9%	802M YoY+1385.2%	54.0M YoY+307.7%	-26.0M YoY+85.4%	-178M YoY-149.6%
Interest paid	3.71B YoY-10.8%	4.16B YoY+33.8%	3.11B YoY+417.3%	601M YoY+65.6%	363M YoY-50.3%
Income taxes paid	71.0M YoY+4.4%	68.0M YoY-56.4%	156M YoY-46.6%	292M YoY+5.4%	277M YoY+14.9%
Valuation Ratios	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Market cap	22.6B YoY+32.8%	17.0B YoY+26.0%	13.5B YoY-17.0%	16.3B YoY-24.5%	21.5B YoY+34.4%
P/E	12.3×	—	10.4× YoY+37.7%	7.5× YoY-8.0%	8.2× YoY-31.2%
P/S	12.9× YoY+24.7%	10.3× YoY+13.7%	9.1× YoY-4.8%	9.6× YoY-19.1%	11.8× YoY+5.3%
P/B	1.1× YoY+18.4%	0.9× YoY-7.4%	1.0× YoY-17.5%	1.2× YoY-1.1%	1.2× YoY+38.7%
P/FCF	10.7× YoY-62.1%	28.4× YoY+598.1%	4.1× YoY-30.5%	5.8× YoY-70.5%	19.8× YoY+99.1%
Earnings yield	8.1%	—	9.6% YoY-27.4%	13.2% YoY+8.7%	12.2% YoY+45.4%
FCF yield	9.3% YoY+164.2%	3.5% YoY-85.7%	24.6% YoY+43.9%	17.1% YoY+238.8%	5.0% YoY-49.8%
Dividend yield	4.0% YoY-17.0%	4.8% YoY-16.0%	5.7% YoY+25.6%	4.5% YoY+39.9%	3.2% YoY-28.1%
Source filing	10-K	10-K	10-K	10-K	10-K

About this data

Source: KEY's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all KEY filings on SEC EDGAR → Not investment advice.

KEY▼ financial statements

About this data

financial statements