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| Date | Value |
|---|---|
| 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 |