Company: KEY-PI
Filing Date: 2025-05-06
Form Type: 10-Q
Source: 0000091576-25-000058
Chunk: 255

Company: KEYCORP /NEW/
Filing Date: 2025-05-06
Form: 10-Q
Item: Item 8
Chunk 255
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186,090 185,868 Deposits88,306 84,075 57,436 56,331 2,800 2,472 148,542 142,878 (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.

20. Revenue from Contracts with Customers The following table represents a disaggregation of revenue from contracts with customers, by business segment, for the three-month periods ended March 31, 2025, and March 31, 2024. The development and application of the methodologies that we use to allocate items among our business segments is a dynamic process. Accordingly, financial results may be revised periodically to reflect enhanced alignment of expense base allocations drivers, changes in the risk profile of a particular business, or changes in our organizational structure. Three months ended March 31, 2025Three months ended March 31, 2024Dollars in millionsConsumer BankCommercial BankTotal Contract RevenueConsumer BankCommercial BankTotal Contract RevenueNONINTEREST INCOMETrust and investment services income$113 $19 $132 $109 $17 $126 Investment banking and debt placement fees— 127 127 — 130 130 Services charges on deposit accounts33 35 68 34 29 63 Cards and payments income42 40 82 43 34 77 Other noninterest income2 — 2 3 — 3 Total revenue from contracts with customers$190 $221 $411 $189 $210 $399 Other noninterest income (a)$223 $227 Noninterest income from other segments(b)34 21 Total noninterest income$668 $647 (a)Noninterest income considered earned outside the scope of contracts with customers.(b)Other includes other segments that consists of corporate treasury, our principal investing unit, and various exit portfolios as well as reconciling items which primarily represents the unallocated portion of nonearning assets of corporate support functions. Charges related to the funding of these assets are part of net interest income and are allocated to the business segments through noninterest expense. Corporate treasury includes realized gains and losses from transactions associated with Key's investment securities portfolio. Reconciling items also includes inter