Company: KEY-PI
Filing Date: 2025-05-06
Form Type: 10-Q
Source: 0000091576-25-000058
Chunk: 63

Company: KEYCORP /NEW/
Filing Date: 2025-05-06
Form: 10-Q
Item: Item 2
Chunk 63
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 lease expense11 17 Marketing21 19 Other expense185 203 Total noninterest expense1,131 1,143 INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES515 278 Income taxes109 59 INCOME (LOSS) FROM CONTINUING OPERATIONS406 219 Income (loss) from discontinued operations(1)— NET INCOME (LOSS)$405 $219 Income (loss) from continuing operations attributable to Key common shareholders$370 $183 Net income (loss) attributable to Key common shareholders369 183 Per Common Share:Income (loss) from continuing operations attributable to Key common shareholders$.34 $.20 Income (loss) from discontinued operations, net of taxes— — Net income (loss) attributable to Key common shareholders (a) .34 .20 Per Common Share — assuming dilution:Income (loss) from continuing operations attributable to Key common shareholders$.33 $.20 Income (loss) from discontinued operations, net of taxes— — Net income (loss) attributable to Key common shareholders (a).33 .20 Weighted-average Common Shares outstanding (000)1,096,654 929,692 Effect of Common Share options and other stock awards9,486 7,319 Weighted-average Common Shares and potential Common Shares outstanding (000) (b)1,106,140 937,011 

(a)EPS may not foot due to rounding.

(b)Assumes conversion of Common Share options and other stock awards and/or convertible preferred stock, as applicable.

See Notes to Consolidated Financial Statements (Unaudited).

49

Consolidated Statements of Comprehensive Income

Dollars in millionsThree months ended March 31,(Unaudited)20252024Net income (loss)$405 $219 Other comprehensive income (loss), net of tax:Net unrealized gains (losses) on securities available for sale, net of income taxes of $(136) and $47424 (151)Net unrealized gains (losses) on derivative financial instruments, net of income taxes of $(62) and $(20)193 65 Net pension and postretirement benefit costs, net of income taxes of $(21) and $066 1 Total other comprehensive income (loss), net of tax683 (85)Comprehensive income (loss) attributable to Key$1,088 $134 

See