Keycorp (KEY) Rent Expense (2009 - 2026)

Keycorp (KEY) posted Rent Expense of $7.0 million for Q1 2026, down 12.5% on a QoQ basis from $8.0 million in Q4 2025, and down 89.55% year-over-year from $67.0 million in Q1 2025.

Keycorp (KEY) Rent Expense (2009 - 2026) Analysis & Trends

Keycorp's Rent Expense history runs 18 years deep, the most recent figure standing at $7.0 million for 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 was $7.0 million for Q1 2026 at Keycorp, down from $8.0 million in the prior quarter.
  • Across five years, Rent Expense topped out at $208.0 million in Q4 2023 and bottomed at $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 tumbled 89.55%.
  • Keycorp's Rent Expense stood at $22.0 million in 2022, then soared by 845.45% to $208.0 million in 2023, then sank by 67.79% to $67.0 million in 2024, then sank by 88.06% to $8.0 million in 2025, then slipped by 12.5% to $7.0 million in 2026.
  • Business Quant data shows KEY's Rent Expense at $7.0 million in Q1 2026, $8.0 million in Q4 2025, and $65.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Rental Exp. (Qtr)
1 KB Financial 42,090.38 Bn 42,090.38 Bn -786,828.77 -
2 Shinhan Financial 33,919.15 Bn 33,919.15 Bn - -
3 Bank Of Chile 4,123.52 Bn 4,123.52 Bn 167,623.00 -
4 Lloyds Banking 360.83 Bn 360.83 Bn - -
5 First Capital 204.17 Bn 203.82 Bn - 634,000.00
6 Landmark Bancorp 187.97 Bn 187.94 Bn - 1.45 Mn
7 NatWest 144.82 Bn -51.17 Bn - -420.63 Mn
8 Pnc Financial Services 101.80 Bn 101.80 Bn - 262.00 Mn
9 Us Bancorp 99.51 Bn 99.51 Bn - 304.00 Mn
10 Keycorp 24.60 Bn 11.31 Bn - 7.00 Mn

Historic Data

Download Data
DateValue
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
Dec 31, 2023 208.00 Mn
Dec 31, 2023 208.00 Mn