Company: KEY-PI
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0000091576-25-000110
Chunk: 288

Company: KEYCORP /NEW/
Filing Date: 2025-08-05
Form: 10-Q
Item: Item 8
Chunk 288
---
 discontinued operations, net of taxes— — — — 2 1 2 1 Net income (loss)$122 $59 $349 $206 $(46)$9 $425 $274 AVERAGE BALANCES (b)Loans and leases$36,137 $39,174 $69,087 $69,248 $491 $539 $105,715 $108,961 Total assets (a)39,156 42,008 78,486 78,328 69,158 66,247 186,800 186,583 Deposits88,002 85,397 55,886 57,360 3,558 1,423 147,446 144,180 (a)Substantially all revenue generated by our major business segments is derived from clients that reside in the United States. Substantially all long-lived assets, including premises and equipment, capitalized software, and goodwill held by our major business segments, are located in the United States.(b)From continuing operations.Six months ended June 30,Consumer BankCommercial BankOtherTotal KeyDollars in millions20252024202520242025202420252024SUMMARY OF OPERATIONSNet interest income (TE)$1,322 $1,045 $1,091 $808 $(158)$(68)$2,255 $1,785 Noninterest income462 460 824 758 72 56 1,358 1,274 Total revenue (TE) (a)1,784 1,505 1,915 1,566 (86)(12)3,613 3,059 Provision for credit losses97 31 159 189 — (19)256 201 Personnel expense441 420 365 329 579 561 1,385 1,310 Other direct noninterest expense283 312 145 184 472 416 900 912 Support and overhead649 619 400 361 (1,049)(980)— — Income (loss) from continuing operations before income taxes (TE)314 123 846 503 (88)10 1,072 636 Allocated income taxes and TE adjustments76 30 176 92 (9)22 243 144 Income (loss)