KeyCorp
KEY NYSE Regional Banks Financials FY2016βFY2025
KeyCorp's revenue rose 62.6% to $7.5 billion in fiscal 2025. Net income was $1.8 billion. Its return on equity was 9.5%, up from β1.0% a year earlier. Its efficiency ratio was 62.6%, down from 98.4% a year earlier. It paid out $1.1 billion in dividends and buybacks. The diluted share count rose 16.7%.
About these figures. Loans in 2020 and 2021 come from KeyCorp's loans net of the allowance for losses under another label its filings used in those years.
What KeyCorp does
No business description yet.
- Legal name
- KeyCorp
- Fiscal year ends
- December 31, 2025
- Latest annual report
- β
- Accession Β· CIK
- 0001628280-26-010546
0000091576
Revenue and margins
KeyCorp had $7.5B of revenue in fiscal 2025, up 62.7% on the year before.
Net income and earnings per share
From fiscal 2016 to 2025, diluted EPS grew 7.4% a year. Loss periods are shown in red.
Returns and efficiency
For banks, return on equity and the efficiency ratio (costs as a share of revenue) say most about how well the business runs.
Dividends, buybacks and share count
KeyCorp returned $1.1B to shareholders in fiscal 2025. The diluted share count rose 16.7%.
Value KeyCorp yourself
Change the assumptions and see what they imply per share. These are models, not forecasts or price targets β the answer depends entirely on what you put in.
Earnings multiple
Value per share
β
Reference multiples: today 12.3x Β· peers 13.1x Β· sector 13.7x.
Balance sheet
Loans, deposits and capital at each fiscal year end.
| Fiscal year end | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Loans, net | $100.8B | $118.1B | $111.1B | $102.9B | $105.1B |
| Deposits | $152.6B | $142.6B | $145.6B | $149.8B | $148.7B |
| Loans / deposits | 66.1% | 82.8% | 76.3% | 68.7% | 70.7% |
| Total assets | $186.3B | $189.8B | $188.3B | $187.2B | $184.4B |
| Shareholders' equity | $17.4B | $13.5B | $14.6B | $18.2B | $20.4B |
| Goodwill | $2.7B | $2.8B | $2.8B | $2.8B | $2.8B |
| Intangible assets | $130M | $94.0M | $55.0M | $27.0M | $8.0M |
| Provision / loans | β0.4% | 0.5% | 0.4% | 0.3% | 0.5% |
Insider trades
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. 'Plan' marks trades under a pre-arranged Rule 10b5-1 plan.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$5.2M
5 insiders
Of sales under plans
0%
$0.0M
| Date | Insider | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Jul 22, 2026 | Mohit RamaniChief Risk Officer | Sold | 25,000 | $22.74 | $0.6M | Form 4 |
| Jun 3, 2026 | Elizabeth R. GileDirector | Sold | 23,946 | $20.88 | $0.5M | Form 4 |
| May 8, 2026 | Angela G MagoChief Human Resources Officer | Sold | 22,826 | $21.66 | $0.5M | Form 4 |
| Feb 6, 2026 | Andrew J Paine IIIHead of Institutional Bank | Sold | 65,961 | $23.23 | $1.5M | Form 4 |
| Jan 29, 2026 | Angela G MagoChief Human Resources Officer | Sold | 62,850 | $21.55 | $1.4M | Form 4 |
| Jan 22, 2026 | Trina M EvansDirector, Corporate Center | Sold | 32,695 | $21.74 | $0.7M | Form 4 |
Similar companies
Each company's latest fiscal year. Fiscal years end in different months, so periods don't line up exactly.
| Company | Market cap | Growth | Op. margin | FCF margin | ROIC | P/E | F-score | |
|---|---|---|---|---|---|---|---|---|
| KeyCorp KEY | $23.4B | 62.7% | β | β | β | 12.3x | β | |
| Regions Financial RF | $25.5B | 6.3% | β | β | β | 11.6x | β | Compare β |
| Huntington Bancshares HBAN | $23.7B | 10.6% | β | β | β | 12.1x | β | Compare β |
| Citizens Financial Group CFG | $28.5B | 5.6% | β | β | β | 14.2x | β | Compare β |
| Fifth Third Bancorp FITB | $35.6B | 6.4% | β | β | β | 18.1x | β | Compare β |
10 years of figures
US$ millions unless stated. Hover a ratio's name for its definition.
| Fiscal year | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $5.0B | $6.3B | $6.5B | $6.4B | $6.7B | $7.3B | $7.3B | $6.4B | $4.6B | $7.5B |
| Net interest income | $2.9B | $3.8B | $3.9B | $3.9B | $4.0B | $4.1B | $4.5B | $3.9B | $3.8B | $4.6B |
| Noninterest income | $2.1B | $2.5B | $2.5B | $2.5B | $2.7B | $3.2B | $2.7B | $2.5B | $809M | $2.8B |
| Noninterest expense | $3.8B | $4.1B | $4.0B | $3.9B | $4.1B | $4.4B | $4.4B | $4.7B | $4.5B | $4.7B |
| Provision for credit losses | $266M | $229M | $246M | $445M | $1.0B | β$418M | $502M | $489M | $335M | $471M |
| Pretax income | $968M | $1.9B | $2.2B | $2.0B | $1.6B | $3.3B | $2.3B | $1.2B | β$306M | $2.3B |
| Income tax | $179M | $637M | $344M | $314M | $227M | $642M | $422M | $196M | β$143M | $476M |
| Net income | $791M | $1.3B | $1.9B | $1.7B | $1.3B | $2.6B | $1.9B | $967M | β$161M | $1.8B |
| Net income to common | $754M | $1.2B | $1.8B | $1.6B | $1.2B | $2.5B | $1.8B | $824M | β$304M | $1.7B |
| Diluted EPS | $0.80 | $1.13 | $1.71 | $1.62 | $1.27 | $2.63 | $1.93 | $0.88 | β$0.32 | $1.52 |
| Diluted shares | 0.94B | 1.09B | 1.05B | 1.00B | 0.97B | 0.96B | 0.93B | 0.93B | 0.95B | 1.11B |
| Cash flow | ||||||||||
| Stock-based compensation | $99.0M | $100M | $99.0M | $96.0M | $101M | $104M | $120M | $121M | $104M | $132M |
| Share buybacks | $140M | $664M | $1.1B | $835M | $134M | $585M | $0.0M | $0.0M | $0.0M | $0.0M |
| Dividends paid | $335M | $480M | $656M | $804M | $829M | $823M | $854M | $911M | $927M | $1.1B |
| Dividends and buybacks | $475M | $1.1B | $1.8B | $1.6B | $963M | $1.4B | $854M | $911M | $927M | $1.1B |
| Balance sheet | ||||||||||
| Loans, net | $85.2B | $85.5B | $88.7B | $93.7B | $99.6B | $100.8B | $118.1B | $111.1B | $102.9B | $105.1B |
| Deposits | $104.1B | $105.2B | $107.3B | $111.9B | $135.3B | $152.6B | $142.6B | $145.6B | $149.8B | $148.7B |
| Goodwill | $2.4B | $2.5B | $2.5B | $2.7B | $2.7B | $2.7B | $2.8B | $2.8B | $2.8B | $2.8B |
| Intangible assets | $384M | $416M | $316M | $253M | $188M | $130M | $94.0M | $55.0M | $27.0M | $8.0M |
| Total assets | $136.5B | $137.7B | $139.6B | $145.0B | $170.3B | $186.3B | $189.8B | $188.3B | $187.2B | $184.4B |
| Preferred stock | $1.7B | $1.0B | $1.5B | $1.9B | $1.9B | $1.9B | $2.5B | $2.5B | $2.5B | $2.5B |
| Shareholders' equity | $15.2B | $15.0B | $15.6B | $17.0B | $18.0B | $17.4B | $13.5B | $14.6B | $18.2B | $20.4B |
| Margins | ||||||||||
| Net margin | 15.7% | 20.6% | 28.9% | 26.8% | 20.0% | 36.0% | 26.4% | 15.1% | β3.5% | 24.3% |
| Net interest share of revenue | 58.1% | 59.9% | 60.6% | 61.1% | 60.1% | 55.8% | 62.3% | 61.0% | 81.5% | 61.7% |
| Efficiency ratio | 74.8% | 65.0% | 61.6% | 61.0% | 61.2% | 60.7% | 60.6% | 73.8% | 98.4% | 62.6% |
| Returns | ||||||||||
| Return on equity | 6.1% | 8.6% | 12.2% | 10.5% | 7.7% | 14.8% | 12.4% | 6.9% | β1.0% | 9.5% |
| Return on assets | 0.7% | 1.0% | 1.4% | 1.2% | 0.9% | 1.5% | 1.0% | 0.5% | β0.1% | 1.0% |
| Return on tangible equity | 7.5% | 11.3% | 16.1% | 13.8% | 9.7% | 19.4% | 17.3% | 9.5% | β2.7% | 12.0% |
| Growth | ||||||||||
| Revenue growth | 18.1% | 25.6% | 2.3% | β0.9% | 4.9% | 8.6% | β0.3% | β11.8% | β28.0% | 62.7% |
| Net income growth | β13.7% | 63.8% | 44.0% | β8.0% | β21.8% | 95.5% | β27.0% | β49.6% | β116.7% | β |
| EPS growth | β23.8% | 41.3% | 51.3% | β5.3% | β21.6% | 107.1% | β26.6% | β54.4% | β136.4% | β |
| Share count change | 11.1% | 16.0% | β3.1% | β5.0% | β2.7% | β1.8% | β2.5% | β0.0% | 1.8% | 16.7% |
| Financial health | ||||||||||
| Loans / deposits | 81.8% | 81.3% | 82.6% | 83.8% | 73.6% | 66.1% | 82.8% | 76.3% | 68.7% | 70.7% |
| Provision / loans | 0.4% | 0.3% | 0.3% | 0.5% | 1.1% | β0.4% | 0.5% | 0.4% | 0.3% | 0.5% |
| Capital allocation | ||||||||||
| Stock comp / revenue | 2.0% | 1.6% | 1.5% | 1.5% | 1.5% | 1.4% | 1.7% | 1.9% | 2.3% | 1.8% |
Source: SEC EDGAR XBRL filings (CIK 0000091576). Data updated October 9, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only β not investment advice. Check the original filings before relying on any figure.