Company: KEY-PI
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0000091576-25-000110
Chunk: 68

Company: KEYCORP /NEW/
Filing Date: 2025-08-05
Form: 10-Q
Item: Item 2
Chunk 68
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 614 Goodwill2,752 2,752 Other intangible assets18 27 Corporate-owned life insurance4,423 4,394 Accrued income and other assets8,654 8,797 Discontinued assets235 263 Total assets$185,499 $187,168 LIABILITIESDeposits in domestic offices:Interest-bearing deposits$119,230 $120,132 Noninterest-bearing deposits27,675 29,628 Total deposits146,905 149,760 Federal funds purchased and securities sold under repurchase agreements20 14 Bank notes and other short-term borrowings2,754 2,130 Accrued expense and other liabilities4,273 4,983 Long-term debt12,063 12,105 Total liabilities166,015 168,992 EQUITYPreferred stock2,500 2,500 Common Shares, $1 par value; authorized 2,100,000,000 shares; issued 1,256,702,081 shares1,257 1,257 Capital surplus5,971 6,038 Retained earnings14,886 14,584 Treasury stock, at cost (144,249,472 and 149,915,630 shares)(2,629)(2,733)Accumulated other comprehensive income (loss)(2,501)(3,470)Total equity19,484 18,176 Total liabilities and equity$185,499 $187,168 

(a)Total loans held for sale include real estate — residential mortgage loans held for sale at fair value of $82 million at June 30, 2025, and $93 million at December 31, 2024.

See Notes to Consolidated Financial Statements (Unaudited).

49

Consolidated Statements of Income

Dollars in millions, except per share amountsThree months ended June 30,Six months ended June 30,(Unaudited)2025202420252024INTEREST INCOMELoans$1,443 $1,524 $2,844 $3,062 Loans held for sale11 8 25 22 Securities available for sale411 259 803 491 Held-to-maturity securities61 73 124 148 Trading account assets16 16 33 30 Short-term investments157 192 331 334 Other investments