Keycorp (KEY) Operating Expenses (2009 - 2026)
Keycorp (KEY) posted Operating Expenses of $1.2 billion for Q1 2026, down 4.83% on a QoQ basis from $1.2 billion in Q4 2025, and up 4.42% year-over-year from $1.1 billion in Q1 2025.
Keycorp (KEY) Operating Expenses (2009 - 2026) Analysis & Trends
Keycorp's Operating Expenses history runs 18 years deep, the most recent figure standing at $1.2 billion for Q1 2026.
- Quarterly Operating Expenses rose 4.42% year-over-year to $1.2 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $4.8 billion (up 4.85% YoY) and the FY2025 annual result came in at $4.7 billion, up 3.48% from the prior year.
- Operating Expenses was $1.2 billion for Q1 2026 at Keycorp, down from $1.2 billion in the prior quarter.
- Across five years, Operating Expenses topped out at $1.4 billion in Q4 2023 and bottomed at $1.1 billion in Q1 2022.
- A 5-year average of $1.2 billion and a median of $1.1 billion in 2024 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2023 — Operating Expenses grew 18.69% — and 2024, when it fell 10.42%.
- Keycorp's Operating Expenses stood at $1.2 billion in 2022, then gained by 18.69% to $1.4 billion in 2023, then declined by 10.42% to $1.2 billion in 2024, then increased by 0.98% to $1.2 billion in 2025, then declined by 4.83% to $1.2 billion in 2026.
- Business Quant data shows KEY's Operating Expenses at $1.2 billion in Q1 2026, $1.2 billion in Q4 2025, and $1.2 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 42,090.38 Bn | 42,090.38 Bn | -786,828.77 | -20.00 Mn |
| 2 | Shinhan Financial | 33,919.15 Bn | 33,919.15 Bn | - | -1.06 Bn |
| 3 | Bank Of Chile | 4,123.52 Bn | 4,123.52 Bn | 167,623.00 | -287,925.00 |
| 4 | Lloyds Banking | 360.83 Bn | 360.83 Bn | - | -3.86 Bn |
| 5 | First Capital | 204.17 Bn | 203.82 Bn | - | 7.75 Mn |
| 6 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | 11.90 Mn |
| 7 | NatWest | 144.82 Bn | -51.17 Bn | - | -2.75 Bn |
| 8 | Pnc Financial Services | 101.80 Bn | 101.80 Bn | - | 3.77 Bn |
| 9 | Us Bancorp | 99.51 Bn | 99.51 Bn | - | 4.27 Bn |
| 10 | Keycorp | 24.60 Bn | 11.31 Bn | - | 1.18 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.18 Bn |
| Dec 31, 2025 | 1.24 Bn |
| Sep 30, 2025 | 1.18 Bn |
| Jun 30, 2025 | 1.15 Bn |
| Mar 31, 2025 | 1.13 Bn |
| Dec 31, 2024 | 1.23 Bn |
| Sep 30, 2024 | 1.09 Bn |
| Jun 30, 2024 | 1.08 Bn |
| Mar 31, 2024 | 1.14 Bn |
| Dec 31, 2023 | 1.37 Bn |
| Sep 30, 2023 | 1.11 Bn |
| Jun 30, 2023 | 1.08 Bn |
| Mar 31, 2023 | 1.18 Bn |
| Dec 31, 2022 | 1.16 Bn |
| Sep 30, 2022 | 1.11 Bn |
| Jun 30, 2022 | 1.08 Bn |
| Mar 31, 2022 | 1.07 Bn |
| Dec 31, 2021 | 1.17 Bn |
| Sep 30, 2021 | 1.11 Bn |
| Jun 30, 2021 | 1.08 Bn |