Company: KEY-PI
Filing Date: 2025-11-04
Form Type: 10-Q
Source: 0001628280-25-048757
Chunk: 71

Company: KEYCORP /NEW/
Filing Date: 2025-11-04
Form: 10-Q
Item: Item 2
Chunk 71
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1,863 Deferred compensation— — Cash dividends declaredCommon Shares ($.205 per share)(194)(194)Series D Preferred Stock ($12.50 per depositary share)(7)(7)Series E Preferred Stock ($.382813 per depositary share)(8)(8)Series F Preferred Stock ($.353125 per depositary share)(6)(6)Series G Preferred Stock ($.351563 per depositary share)(6)(6)Series H Preferred Stock ($.387500 per depositary share)(9)(9)Employee equity compensation program Common Share repurchases(8)— (1)(1)Common Shares reissued (returned) for stock options and other employee benefit plans230 25 5 30 Common Shares reissued under Scotiabank investment agreement, net of issuance costs47,829 (61)872811 BALANCE AT SEPTEMBER 30, 20241,996 991,251 $2,500 $1,257 $6,149 $15,066 $(4,839)$(3,281)$16,852 

See Notes to Consolidated Financial Statements (Unaudited).

51

Consolidated Statements of Cash Flows

Dollars in millionsNine months ended September 30,(Unaudited)20252024OPERATING ACTIVITIESNet income (loss)$1,319 $83 Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:Provision for credit losses363 296 Depreciation, amortization, and accretion, net18 68 Increase in cash surrender value of corporate-owned life insurance(90)(86)Stock-based compensation expense99 76 Deferred income taxes (benefit)(15)(138)Proceeds from sales of loans held for sale6,756 5,099 Originations of loans held for sale, net of repayments(6,935)(5,711)Net losses (gains) on sales of loans held for sale(93)(84)Net losses (gains) on leased equipment— (8)Net securities and other investments losses (gains)6 948 Net losses (gains) on sales of fixed assets— (4)Net change in:Trading account assets311 (262)Accrued income and other assets(77)224 Accrued expense and other liabilities(694)(780)Other operating activities, net522 (784)NET