KeyCorp (KEY) Financial Statements
Historical financial data — 41 statements covering FY2016–FY2025
With assets of around $190 billion, Ohio-based KeyCorp's bank footprint spans 16 states, but it is predominantly concentrated in its three largest markets: Ohio, New York, and Washington. KeyCorp i...
KeyCorp's revenue increased 21.6% year over year, from $9.24B to $11.23B.
Net income increased 1236.0% over the same period, from $-161.0M to $1.83B.
Over the 9-year period from FY2016 to FY2025, revenue grew by 108% in total.
Total debt decreased by 18.1% to $9.92B.
The debt-to-equity ratio stands at 0.49, indicating a moderate leverage profile.
Operating cash flow grew 232.5% to $2.21B.
KeyCorp maintains a healthy net profit margin of 16.3%.
Recent Financial Statements
Quarterly figures are standalone quarters, de-cumulated from YTD filings (Q4 = FY − Q3 YTD when not reported).
| Period | Revenue | Net Income | EBIT | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|---|
| Q3 FY2024 | $1.91B-29.8% | $-410.0M | $-506.0M | $-1.21B | $189.76B | $15.68B | $16.85B |
| Q4 FY2024 | $1.94B+1.6% | $-244.0M | $-413.0M | $1.73B | $187.17B | $12.11B | $18.18B |
| Q1 FY2025 | $2.74B+41.4% | $405.0M | $515.0M | $-140.0M | $188.69B | $12.39B | $19.00B |
| Q2 FY2025 | $2.80B+2.2% | $425.0M | $539.0M | $1.23B | $185.50B | $12.06B | $19.48B |
| Q3 FY2025 | $2.83B+1.3% | $489.0M | $602.0M | $396.0M | $187.41B | $10.92B | $20.10B |
| Q4 FY2025 | $2.86B+1.0% | $510.0M | $648.0M | $718.0M | $184.38B | $9.92B | $20.38B |
| Q1 FY2026 | $2.73B-4.6% | $522.0M | $658.0M | $-62.0M | N/A | N/A | N/A |
| Q2 FY2026 | $2.77B+1.4% | $509.0M | N/A | $259.0M | N/A | N/A | N/A |
Balance Sheet Summary (FY2025)
KeyCorp (KEY) Financial Statements & Revenue History
KeyCorp (KEY) is a US-listed stock operating in the Financial Services sector, specifically the National Commercial Banks industry trading at $19.93 with a market capitalization of $21. This page provides 41 historical financial statements for KeyCorp, including income statement, balance sheet, and cash flow data across multiple reporting periods. Most recently, KeyCorp reported revenue of $11.2 billion, representing 21.6% year-over-year growth. The net profit margin of 16.3% reflects strong profitability. The debt-to-equity ratio of 0.49 shows conservative leverage.
KEY Income Statement, Balance Sheet & Cash Flow
The financial statements table above shows KeyCorp's revenue, net income, gross profit, EBIT, operating cash flow, total assets, total debt, and shareholders' equity across the most recent reporting periods. Year-over-year growth rates help identify whether KEY is accelerating or decelerating in terms of top-line revenue and bottom-line profitability.
- Revenue trend: Track KEY's top-line growth across quarters and fiscal years to identify acceleration or deceleration in the business.
- Profitability: Net income and gross profit margins reveal how efficiently KeyCorp converts revenue into earnings.
- Balance sheet health: Total assets, liabilities, debt, and equity provide a snapshot of KEY's financial position and leverage.
- Cash flow: Operating cash flow shows how much cash the business generates from its core operations, which is critical for funding dividends, buybacks, and growth.
How to Use KEY Financial Data
Investors use KeyCorp's financial statements to assess the company's financial health, growth trajectory, and valuation. Key metrics to focus on include:
- Revenue growth rate: Consistent double-digit revenue growth suggests a strong business; declining revenue may signal competitive pressure.
- Net profit margin: Higher margins indicate a more efficient business with pricing power. Compare KEY's margins to sector peers for context.
- Debt levels: High debt-to-equity ratios increase financial risk, especially in rising-rate environments. Low debt provides flexibility.
- Valuation multiples: See how KEY's P/E, P/S, and EV/EBITDA ratios compare to historical levels.
- Full analysis: View KEY's financial health score, earnings, and pre-market pricing.
Financial data is sourced from KeyCorp's SEC filings (10-K, 10-Q) via Polygon.io and Finnhub.KEY trades on NYSE. This page is for informational purposes only and is not financial advice.

