Company: KEY-PI
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0000091576-25-000110
Chunk: 59

Company: KEYCORP /NEW/
Filing Date: 2025-08-05
Form: 10-Q
Item: Item 2
Chunk 59
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. Net Loan Charge-offs (Recoveries) to Average Loans from Continuing Operations

20252024Dollars in millionsSecondFirstFourthThirdSecondCommercial and industrial0.54 %0.40 %0.54 %0.93 %0.41 %Commercial real estate:Commercial mortgage0.18 1.09 0.52 0.17 0.25 Construction— — — — — Total commercial real estate loans0.15 0.89 0.43 0.14 0.21 Commercial lease financing0.27 (0.01)0.03 — 0.38 Total commercial loans0.44 0.49 0.50 0.71 0.36 Real estate — residential mortgage(0.02)— 0.01 (0.02)— Home equity loans(0.02)(0.02)— — — Other consumer loans0.92 0.98 1.00 1.10 1.01 Credit cards4.24 4.69 4.50 4.33 4.31 Total consumer loans0.25 0.29 0.29 0.29 0.29 Total net loan charge-offs0.39 %0.43 %0.43 %0.58 %0.34 %

43

Figure 29. Summary of Loan and Lease Loss Experience from Continuing Operations

 Three months ended June 30,Six months ended June 30,Dollars in millions2025202420252024Average loans outstanding$105,715 $108,961 $105,039 $109,997 Allowance for loan and lease losses at beginning of period$1,429 $1,542 $1,409 $1,508 Loans charged off:Commercial and industrial$94 $86 $156 $148 Commercial real estate:Commercial mortgage6 10 42 15 Construction— — — — Total commercial real estate loans(a)6 10 Commercial lease financing2 6 2 6 Total commercial loans102 102 200 169 Real estate — residential mortgage— 1 1 2 Home equity loans— — 1 1 Other consumer loans13 16 27 32 Credit cards12