Keycorp (KEY) Tax Rate (2009 - 2026)
Keycorp's (KEY) quarterly Tax Rate came in at 21.48% in Q2 2026, down 4.0% on a YoY basis from 22.38% in Q2 2025, and up 3.94% quarter-over-quarter from 20.67% in Q1 2026.
Analysis
Keycorp (KEY) Tax Rate (2009 - 2026) Analysis & Trends
Keycorp (KEY) has reported Tax Rate for 18 consecutive years, with 21.48% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Rate fell 4.0% year-over-year to 21.48%; the trailing twelve-month figure through Jun 2026 stood at 20.59% (up 4948.0% YoY), and the FY2025 full-year result was 20.66%, down 2607.0% from the prior year.
- Tax Rate climbed to 21.48% in Q2 2026 per KEY's latest filing, from 20.67% in the prior quarter.
- Across five years, Tax Rate topped out at 40.92% in Q4 2024 and bottomed at 14.04% in Q4 2023.
- Historically, Tax Rate has averaged 18.73% across 5 years, with a median of 19.36% in 2024.
- The sharpest annual moves came in 2023 and 2024: Tax Rate slumped 3021 bps in 2023, then soared 5496 bps in 2024.
- Over 5 years, Tax Rate stood at 16.17% in 2022, then sank by 187 bps to 14.04% in 2023, then jumped by 392 bps to 40.92% in 2024, then sank by 48 bps to 21.45% in 2025, then climbed by 0 bps to 21.48% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 21.48%, 20.67%, and 21.45% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 448.38 Bn | 568.32 Bn | - | -7.93% |
| 2 | Truist Financial | 63.10 Bn | 63.10 Bn | - | 14.44% |
| 3 | Fifth Third Bancorp | 49.74 Bn | 26.02 Bn | - | 22.68% |
| 4 | M&T Bank | 34.66 Bn | 34.66 Bn | - | 23.05% |
| 5 | Huntington Bancshares | 34.41 Bn | 29.92 Bn | - | 18.42% |
| 6 | Citizens Financial | 29.91 Bn | 29.91 Bn | - | 22.25% |
| 7 | Regions Financial | 25.92 Bn | 25.99 Bn | - | 20.61% |
| 8 | Keycorp | 23.68 Bn | -24.02 Bn | - | 21.48% |
| 9 | First Citizens Bancshares | 22.94 Bn | 22.41 Bn | 29.00 Mn | 24.58% |
| 10 | East West Bancorp | 17.92 Bn | 12.83 Bn | - | 22.21% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.48% |
| Mar 31, 2026 | 20.67% |
| Dec 31, 2025 | 21.45% |
| Sep 30, 2025 | 18.60% |
| Jun 30, 2025 | 21.52% |
| Mar 31, 2025 | 21.17% |
| Dec 31, 2024 | 40.92% |
| Sep 30, 2024 | 18.77% |
| Jun 30, 2024 | 18.51% |
| Mar 31, 2024 | 21.22% |
| Dec 31, 2023 | -14.04% |
| Sep 30, 2023 | 17.71% |
| Jun 30, 2023 | 16.86% |
| Mar 31, 2023 | 20.66% |
| Dec 31, 2022 | 16.17% |
| Sep 30, 2022 | 18.67% |
| Jun 30, 2022 | 19.94% |
| Mar 31, 2022 | 16.76% |
| Dec 31, 2021 | 18.36% |
| Sep 30, 2021 | 20.42% |