Company: KEY-PI
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0000091576-25-000110
Chunk: 157

Company: KEYCORP /NEW/
Filing Date: 2025-08-05
Form: 10-Q
Item: Item 1
Chunk 157
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56

Six months ended June 30, 2025:Dollars in millionsDecember 31, 2024ProvisionCharge-offsRecoveriesJune 30, 2025Commercial and Industrial $639 $166 $(156)$29 $678 Commercial real estate:Real estate — commercial mortgage320 40 (42)1 319 Real estate — construction51 6 — — 57 Total commercial real estate loans371 46 (42)1 376 Commercial lease financing27 7 (2)— 32 Total commercial loans1,037 219 (200)30 1,086 Real estate — residential mortgage90 (23)(1)2 68 Home equity loans70 (2)(1)2 69 Other consumer loans136 28 (27)4 141 Credit cards76 27 (24)3 82 Total consumer loans372 30 (53)11 360 Total ALLL — continuing operations1,409 249 (a)(253)41 1,446 Discontinued operations13 — (1)— 12 Total ALLL — including discontinued operations$1,422 $249 $(254)$41 $1,458 (a)Excludes a provision for losses on lending-related commitments of $7 million. Six months ended June 30, 2024:Dollars in millionsDecember 31, 2023ProvisionCharge-offsRecoveriesJune 30, 2024Commercial and Industrial $556 $235 $(148)$39 $682 Commercial real estate:Real estate — commercial mortgage419 (22)(15)1 383 Real estate — construction52 14 — — 66 Total commercial real estate loans471 (8)(15)1 449 Commercial lease financing33 (3)(6)5 29 Total commercial loans1,060 224 (169)45 1,160 Real estate — residential mortgage162 (48)(2)3 115 Home equity loans86 (15)(1)1 71 Other consumer loans122 34 (32)4 128 Credit cards78 16 (24)3 73 Total consumer loans448 (13)(59)11 387 Total ALLL — continuing operations1,508 211 (a)(228)56 1,547