Keycorp (KEY) Operating Expenses (2009 - 2026)
Keycorp's (KEY) quarterly Operating Expenses came in at $1.2 billion in Q1 2026, up 4.42% YoY from $1.1 billion in Q1 2025, and down 4.83% on a QoQ basis from $1.2 billion in Q4 2025.
Keycorp (KEY) Operating Expenses (2009 - 2026) Analysis & Trends
Keycorp (KEY) has 18 years of Operating Expenses data on file, last reported at $1.2 billion in 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 slipped to $1.2 billion in Q1 2026, from $1.2 billion in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $1.4 billion in Q4 2023 to a low of $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 gained 18.69% — and 2024, when it slipped 10.42%.
- Tracing KEY's Operating Expenses over 5 years: stood at $1.2 billion in 2022, then increased by 18.69% to $1.4 billion in 2023, then slipped by 10.42% to $1.2 billion in 2024, then climbed by 0.98% to $1.2 billion in 2025, then slipped by 4.83% to $1.2 billion in 2026.
- The last three Operating Expenses figures came in at $1.2 billion (Q1 2026), $1.2 billion (Q4 2025), and $1.2 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.74 Bn | 84.54 Bn | - | - |
| 2 | Pnc Financial Services | 97.84 Bn | 97.84 Bn | - | 4.10 Bn |
| 3 | Us Bancorp | 96.24 Bn | 96.24 Bn | - | 4.43 Bn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | -3.83 Bn |
| 5 | NatWest | 74.86 Bn | -144.23 Bn | - | -2.79 Bn |
| 6 | Deutsche Bank Aktiengesellschaft | 72.11 Bn | -81.20 Bn | - | 2.60 Bn |
| 7 | Nu Holdings | 70.75 Bn | 57.07 Bn | 2.35 Bn | -599.79 Mn |
| 8 | Truist Financial | 61.72 Bn | 61.72 Bn | - | 3.06 Bn |
| 9 | Fifth Third Bancorp | 49.85 Bn | 26.13 Bn | - | 2.11 Bn |
| 10 | Keycorp | 23.47 Bn | -24.22 Bn | - | 1.22 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.22 Bn |
| 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 |