Company: KEY-PI
Filing Date: 2025-11-04
Form Type: 10-Q
Source: 0001628280-25-048757
Chunk: 66

Company: KEYCORP /NEW/
Filing Date: 2025-11-04
Form: 10-Q
Item: Item 2
Chunk 66
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12,105 Total liabilities167,307 168,992 EQUITYPreferred stock2,500 2,500 Common Shares, $1 par value; authorized 2,100,000,000 shares; issued 1,256,702,081 shares1,257 1,257 Capital surplus6,002 6,038 Retained earnings15,111 14,584 Treasury stock, at cost (143,749,779 and 149,915,630 shares)(2,619)(2,733)Accumulated other comprehensive income (loss)(2,149)(3,470)Total equity20,102 18,176 Total liabilities and equity$187,409 $187,168 

(a)Total loans held for sale include real estate — residential mortgage loans held for sale at fair value of $62 million at September 30, 2025, and $93 million at December 31, 2024.

See Notes to Consolidated Financial Statements (Unaudited).

48

Consolidated Statements of Income

Dollars in millions, except per share amountsThree months ended September 30,Nine months ended September 30,(Unaudited)2025202420252024INTEREST INCOMELoans$1,466 $1,516 $4,310 $4,578 Loans held for sale18 18 43 40 Securities available for sale408 298 1,211 789 Held-to-maturity securities64 70 188 218 Trading account assets11 15 44 45 Short-term investments156 244 487 578 Other investments8 14 25 47 Total interest income2,131 2,175 6,308 6,295 INTEREST EXPENSEDeposits748 887 2,231 2,486 Federal funds purchased and securities sold under repurchase agreements4 1 9 3 Bank notes and other short-term borrowings14 43 75 140 Long-term debt181 292 572 952 Total interest expense947 1,223 2,887 3,581 NET INTEREST INCOME1,184 952 3,421 2,714 Provision for credit losses107 95 363 296 Net interest income after provision for credit losses1,077 857 3,058 2,418