How does KeyCorp (KEY) make money?

KeyCorp (KEY) generates revenue primarily from Investment Banking And Debt Placement, which accounted for 32.2% of total revenue in TTM through Q2 2026. The company reported $10.5B in revenue and converted 19.4% of it into net profit, equivalent to roughly $2.03B in net income — what's left after the cost of revenue, operating expenses, interest, and income taxes.

What is the gross profit margin of KeyCorp (KEY)?

KeyCorp (KEY) reported a gross profit margin of 64.5% in TTM through Q2 2026, equivalent to $6.76B in gross profit on $10.5B in revenue. Gross margin measures how much of each dollar of revenue remains after the direct cost of producing or delivering the product — a higher figure typically signals pricing power, scale, or a less capital-intensive business model.

What is the operating profit margin of KeyCorp (KEY)?

KeyCorp (KEY) reported an operating profit margin of 18.1% in TTM through Q2 2026, equivalent to $1.89B in operating income. Operating margin captures profitability after research & development, sales & marketing, and general & administrative expenses — but before interest, taxes, and one-off items — and is the cleanest single read on the underlying business's efficiency.

What is the net profit margin of KeyCorp (KEY)?

KeyCorp (KEY) reported a net profit margin of 19.4% in TTM through Q2 2026, equivalent to $2.03B in net income. Net margin is the bottom-line share of revenue that survives every expense — operating costs, interest, and income taxes — and is the figure that flows directly into earnings per share.

Is KeyCorp (KEY) profitable?

Yes. KeyCorp (KEY) reported $2.03B in net income for TTM through Q2 2026, with a net profit margin of 19.4%. The company earned more from its operations than it paid out in costs, interest, and income taxes, leaving positive earnings on the bottom line.

How much does KeyCorp (KEY) spend on capital expenditures?

KeyCorp (KEY) spent $109M on capital expenditures (CapEx) during TTM through Q2 2026, roughly 1.0% of total revenue. CapEx represents long-lived investment in property, equipment, data centres, and other physical infrastructure, and is subtracted from operating cash flow to arrive at free cash flow.

How much free cash flow does KeyCorp (KEY) generate?

KeyCorp (KEY) generated $2.18B in free cash flow during TTM through Q2 2026, a free-cash-flow margin of 20.8%. Free cash flow is the cash left after capital expenditures and represents the discretionary pool the company can use to pay dividends, repurchase shares, repay debt, or fund acquisitions without raising external capital.

What is the effective tax rate of KeyCorp (KEY)?

KeyCorp (KEY) had an effective tax rate of 20.5% in TTM through Q2 2026. The effective rate is the actual share of pre-tax income paid as income taxes and can differ materially from the statutory rate due to foreign earnings mix, tax credits (such as R&D), share-based compensation deductions, and one-off discrete items.

What are the main business segments of KeyCorp (KEY)?

KeyCorp (KEY) reports revenue across 5 reportable product segments, led by Investment Banking And Debt Placement at 32.2% of total revenue in TTM through Q2 2026. See the revenue-by-segment table on this page for the full breakdown and how each segment feeds into the income-statement waterfall above.

How KeyCorp Makes Money: 2026 Visual Revenue Map

KeyCorp (KEY) Income Statement Flow — TTM through Q2 2026

Calculated from the four most recent reported quarters, ending June 30, 2026 (reported July 21, 2026).

KeyCorp discloses geographic revenue only in annual filings. to view the full breakdown.

KeyCorp (KEY) Revenue by Product Segment — TTM through Q2 2026

Aggregated from the four quarterly disclosures behind this TTM. Minor differences vs the company's annual filing can occur if reported segments changed mid-year.

Revenue contribution by product segment for KeyCorp (KEY), TTM through Q2 2026.
Segment	Revenue (USD)	% of total
Investment Banking And Debt Placement	$3.37B	32.2%
Trust And Investment Services	$3.33B	31.8%
Cards And Payments	$1.96B	18.7%
Service Charges On Deposit Accounts	$1.77B	16.9%
Other Noninterest Income	$45.9M	0.4%
Total	$10.5B	100%

Investment Banking And Debt Placement$3.37B
Trust And Investment Services$3.33B
Cards And Payments$1.96B
Service Charges On Deposit Accounts$1.77B
Other Noninterest Income$45.9M
Total$10.5B

Revenue Breakdown — TTM through Q2 2026

In TTM through Q2 2026, KeyCorp (KEY) reports revenue across 5 reportable product segments; the largest segment was Investment Banking And Debt Placement at 32.2%, followed by Trust And Investment Services (31.8%) and Cards And Payments (18.7%).

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