Company: KEY-PI
Filing Date: 2025-11-04
Form Type: 10-Q
Source: 0001628280-25-048757
Chunk: 138

Company: KEYCORP /NEW/
Filing Date: 2025-11-04
Form: 10-Q
Item: Item 2
Chunk 138
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25202420252024SUMMARY OF OPERATIONSNet interest income (TE)$691 $569 $587 $460 $(85)$(65)$1,193 $964 Noninterest income244 231 427 406 31 (906)702 (269)Total revenue (TE) (a)935 800 1,014 866 (54)(971)1,895 695 Provision for credit losses40 52 68 41 (1)2 107 95 Personnel expense230 214 200 192 312 264 742 670 Other direct noninterest expense136 137 74 74 225 213 435 424 Support and overhead329 298 208 178 (537)(476)— — Income (loss) from continuing operations before income taxes (TE)200 99 464 381 (53)(974)611 (494)Allocated income taxes and TE adjustments48 24 97 82 (24)(189)121 (83)Income (loss) from continuing operations152 75 367 299 (29)(785)490 (411)Income (loss) from discontinued operations, net of taxes— — — — (1)1 (1)1 Net income (loss)$152 $75 $367 $299 $(30)$(784)$489 $(410)AVERAGE BALANCES (b)Loans and leases$35,363 $38,332 $70,326 $67,452 $538 $460 $106,227 $106,244 Total assets (a)38,374 41,188 79,733 76,395 69,031 70,026 187,138 187,609 Deposits87,692 86,431 58,483 58,696 4,199 2,644 150,374 147,771 (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.Nine months ended September 30,Consumer BankCommercial BankOtherTotal KeyDollars in millions202520