Company: KEY-PI
Filing Date: 2025-11-04
Form Type: 10-Q
Source: 0001628280-25-048757
Chunk: 213

Company: KEYCORP /NEW/
Filing Date: 2025-11-04
Form: 10-Q
Item: Item 1
Chunk 213
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3)Investment banking and debt placement fees(98)(187)Income (loss) from continuing operations before income taxes(24)(45)Income taxes$(74)$(142)Income (loss) from continuing operationsNet pension and postretirement benefit costsAmortization of losses$(2)$(3)Other expenseSettlement loss— — Other expenseAmortization of unrecognized prior service credit— — Other expense(2)(3)Income (loss) from continuing operations before income taxes— (1)Income taxes$(2)$(2)Income (loss) from continuing operations

87

Nine months ended September 30,Affected Line Item in the Consolidated Statement of IncomeDollars in millions20252024Unrealized gains (losses) on available for sale securitiesRealized gains$— $— Net securities gains (losses)Realized losses— (948)Net securities gains (losses)— (948)Income (loss) from continuing operations before income taxes— (227)Income taxes$— $(721)Income (loss) from continuing operationsUnrealized gains (losses) on derivative financial instrumentsInterest rate$(281)$(599)Interest income — LoansInterest rate(2)(1)Interest expense — Long-term debtInterest rate— (2)Investment banking and debt placement fees(283)(602)Income (loss) from continuing operations before income taxes(68)(144)Income taxes$(215)$(458)Income (loss) from continuing operationsNet pension and postretirement benefit costsAmortization of losses$(5)$(8)Other expenseSettlement loss— — Other expenseAmortization of unrecognized prior service credit1 1 Other expense(4)(7)Income (loss) from continuing operations before income taxes(2)(3)Income taxes$(2)$(4)Income (loss) from continuing operations

18. Shareholders' EquityComprehensive Capital PlanOn March 13, 2025, Key announced that its Board of Directors has authorized a share repurchase program pursuant to which we may purchase up to $1.0 billion of KeyCorp Common Shares, in the open market or in privately negotiated transactions.During the third quarter of 2025, Key did not complete any open market share repurchases. We repurchased less than $1 million of shares related to equity compensation programs in the third quarter of 2025.Consistent with our capital plan, the Board