Keycorp (KEY) Rent Expense (2009 - 2026)
Keycorp's (KEY) quarterly Rent Expense came in at $7.0 million in Q1 2026, down 89.55% YoY from $67.0 million in Q1 2025, and down 12.5% on a QoQ basis from $8.0 million in Q4 2025.
Keycorp (KEY) Rent Expense (2009 - 2026) Analysis & Trends
Keycorp (KEY) has 18 years of Rent Expense data on file, last reported at $7.0 million in Q1 2026.
- Quarterly Rent Expense fell 89.55% year-over-year to $7.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $149.0 million (down 9.7% YoY) and the FY2025 annual result came in at $38.0 million, down 85.71% from the prior year.
- Rent Expense declined to $7.0 million in Q1 2026, from $8.0 million in the prior quarter.
- In the past five years, Rent Expense ranged from a high of $208.0 million in Q4 2023 to a low of $7.0 million in Q1 2026.
- A 5-year average of $46.9 million and a median of $22.0 million in 2022 frame the typical range for Rent Expense.
- Annual changes were most pronounced in 2023 — Rent Expense jumped 845.45% — and 2026, when it plunged 89.55%.
- Tracing KEY's Rent Expense over 5 years: stood at $22.0 million in 2022, then jumped by 845.45% to $208.0 million in 2023, then tumbled by 67.79% to $67.0 million in 2024, then tumbled by 88.06% to $8.0 million in 2025, then retreated by 12.5% to $7.0 million in 2026.
- The last three Rent Expense figures came in at $7.0 million (Q1 2026), $8.0 million (Q4 2025), and $65.0 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | 252.00 Mn |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | 303.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | -423.97 Mn |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | - |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | 171.00 Mn |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | 154.00 Mn |
| 10 | Keycorp | 23.41 Bn | -24.28 Bn | - | 68.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 68.00 Mn |
| Jun 30, 2026 | 68.00 Mn |
| Mar 31, 2026 | 7.00 Mn |
| Mar 31, 2026 | 7.00 Mn |
| Dec 31, 2025 | 8.00 Mn |
| Dec 31, 2025 | 8.00 Mn |
| Sep 30, 2025 | 65.00 Mn |
| Sep 30, 2025 | 65.00 Mn |
| Jun 30, 2025 | 69.00 Mn |
| Jun 30, 2025 | 69.00 Mn |
| Mar 31, 2025 | 67.00 Mn |
| Mar 31, 2025 | 67.00 Mn |
| Dec 31, 2024 | 67.00 Mn |
| Dec 31, 2024 | 67.00 Mn |
| Sep 30, 2024 | 14.00 Mn |
| Sep 30, 2024 | 14.00 Mn |
| Jun 30, 2024 | 17.00 Mn |
| Jun 30, 2024 | 17.00 Mn |
| Mar 31, 2024 | 17.00 Mn |
| Mar 31, 2024 | 17.00 Mn |