Filing Flows › Keycorp (KEY) › Q3 2026 › vs Q3 2025
Keycorp (KEY) Q3 2026 vs Q3 2025 (year over year)
Keycorp's revenue rose $157M (+8%) from $1.9B in Q3 2025 to $2.1B in Q3 2026. The biggest changes: Other revenues +$84.0M (+6%); Investment banking and debt placement fees +$43.0M (+33%); Trust and investment services income +$17.0M (+12%). Operating margin 36.0% against 31.8% (+4.2 pts).
Keycorp, Q3 2026: revenue $2.1B (+8% year over year), operating margin 36.0%, net earnings $579M, operating cash flow $722M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 36.0% | 31.8% | +4.2 pts |
| Net margin | 28.2% | 25.8% | +2.4 pts |
| Free cash flow margin | 33.3% | 19.4% | +14.0 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Investment banking and debt placement fees | $172M | $129M | $43.0M | +33% |
| Trust and investment services income | $159M | $142M | $17.0M | +12% |
| Cards and payments income | $93.0M | $86.0M | $7.0M | +8% |
| Service charges on deposit accounts | $79.0M | $74.0M | $5.0M | +7% |
| Other noninterest income | $3.0M | $2.0M | $1.0M | +50% |
| Other revenues | $1.5B | $1.5B | $84.0M | +6% |
| Revenue | $2.1B | $1.9B | $157M | +8% |
| Operating profit | $738M | $602M | $136M | +23% |
| Costs & expenses | $1.3B | $1.3B | $21.0M | +2% |
| Pre-tax earnings | $738M | $602M | $136M | +23% |
| Sales & marketing | $23.0M | $22.0M | $1.0M | +5% |
| Other operating costs | $1.3B | $1.3B | $20.0M | +2% |
| Net earnings | $579M | $489M | $90.0M | +18% |
| Income tax | $159M | $112M | $47.0M | +42% |
| Share-based compensation | $36.0M | $36.0M | $0 | 0% |
| Working capital & other | $107M | −$136M | $243M | — |
| Operating cash flow | $722M | $396M | $326M | +82% |
| Free cash flow (OCF − capex) | $684M | $367M | $317M | +86% |
| Capital expenditures | $38.0M | $29.0M | $9.0M | +31% |
Questions
How much did Keycorp's revenue grow year over year in Q3 2026?
Keycorp's revenue rose $157M (+8%) from $1.9B in Q3 2025 to $2.1B in Q3 2026.
What drove Keycorp's revenue change in Q3 2026?
Other revenues +$84.0M (+6%); Investment banking and debt placement fees +$43.0M (+33%); Trust and investment services income +$17.0M (+12%).