KeyCorp Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	5,810	6,086	6,280	4,297	3,582
Interest Income on Investments	2,576	2,341	1,647	1,115	785
Total Interest Income	8,386	8,427	7,927	5,412	4,367
Interest Paid on Deposits	2,919	3,307	2,322	279	67
Interest Paid on Borrowings	831	1,355	1,692	606	229
Total Interest Expense	3,750	4,662	4,014	885	296
Net Interest Income	4,636	3,765	3,913	4,527	4,071
Net Interest Income Growth (YoY)	23.13%	-3.78%	-13.56%	11.20%	0.92%
Trust Income	591	557	516	526	530
Mortgage Banking Activities	58	58	51	58	131
Gain (Loss) on Sale of Investments	-6	-1,856	-11	9	7
Other Non-Interest Income	1,904	1,789	1,644	1,775	2,189
Total Non-Interest Income	2,842	809	2,470	2,718	3,194
Non-Interest Income Growth (YoY)	251.30%	-67.25%	-9.12%	-14.90%	20.44%
Revenues Before Loan Losses	7,478	4,574	6,383	7,245	7,265
Provision for Loan Losses	471	335	489	502	-418
Revenue	7,007	4,239	5,894	6,743	7,683
Revenue Growth (YoY)	65.30%	-28.08%	-12.59%	-12.23%	35.62%
Salaries and Employee Benefits	2,896	2,612	2,461	2,446	2,457
Occupancy Expenses	270	266	267	295	300
Selling, General & Administrative	834	925	928	962	967
Other Non-Interest Expense	708	711	804	707	705
Total Non-Interest Expense	4,708	4,518	4,463	4,410	4,429
EBT Excluding Unusual Items	2,299	-279	1,431	2,333	3,254
Other Unusual Items	5	-27	-271	-	-
Pretax Income	2,304	-306	1,160	2,333	3,254
Income Tax Expense	476	-143	196	422	642
Earnings From Continuing Operations	1,828	-163	964	1,911	2,612
Earnings From Discontinued Operations	1	2	3	6	13
Net Income	1,829	-161	967	1,917	2,625
Preferred Dividends & Other Adjustments	143	143	143	118	106
Net Income to Common	1,686	-304	824	1,799	2,519
Net Income Growth	-	-	-49.56%	-26.97%	95.46%
Basic Shares Outstanding	1,099	950	927	924	947
Diluted Shares Outstanding	1,108	950	933	933	957
Shares Change (YoY)	16.68%	1.80%	-0.03%	-2.54%	-1.78%
EPS (Basic)	1.53	-0.32	0.89	1.95	2.66
EPS (Diluted)	1.52	-0.32	0.88	1.93	2.63
EPS Growth	-	-	-54.15%	-26.85%	106.66%
Dividend Per Share	0.820	0.820	0.820	0.790	0.750
Dividend Growth	-	-	3.80%	5.33%	1.35%
Effective Tax Rate	20.66%	-	16.90%	18.09%	19.73%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.