Company: KEY-PI
Filing Date: 2025-11-04
Form Type: 10-Q
Source: 0001628280-25-048757
Chunk: 144

Company: KEYCORP /NEW/
Filing Date: 2025-11-04
Form: 10-Q
Item: Item 1
Chunk 144
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 $187,168 

(a)Total loans held for sale include real estate — residential mortgage loans held for sale at fair value of $62 million at September 30, 2025, and $93 million at December 31, 2024.

See Notes to Consolidated Financial Statements (Unaudited).

48

Table of contents

Consolidated Statements of Income

Dollars in millions, except per share amountsThree months ended September 30,Nine months ended September 30,(Unaudited)2025202420252024INTEREST INCOMELoans$1,466 $1,516 $4,310 $4,578 Loans held for sale18 18 43 40 Securities available for sale408 298 1,211 789 Held-to-maturity securities64 70 188 218 Trading account assets11 15 44 45 Short-term investments156 244 487 578 Other investments8 14 25 47 Total interest income2,131 2,175 6,308 6,295 INTEREST EXPENSEDeposits748 887 2,231 2,486 Federal funds purchased and securities sold under repurchase agreements4 1 9 3 Bank notes and other short-term borrowings14 43 75 140 Long-term debt181 292 572 952 Total interest expense947 1,223 2,887 3,581 NET INTEREST INCOME1,184 952 3,421 2,714 Provision for credit losses107 95 363 296 Net interest income after provision for credit losses1,077 857 3,058 2,418 NONINTEREST INCOMETrust and investment services income150 140 435 415 Investment banking and debt placement fees184 171 537 467 Cards and payments income86 84 253 246 Service charges on deposit accounts75 67 217 196 Corporate services income72 69 213 206 Commercial mortgage servicing fees73 73 219 190 Corporate-owned life insurance income35 36 100 102 Consumer mortgage income14 12 42 42 Operating lease income and other leasing gains11 16 34 61 Other income8 (2)16 28 Net securities gains (losses)(6)(935)(6)(948