Company: KEY-PI
Filing Date: 2025-11-04
Form Type: 10-Q
Source: 0001628280-25-048757
Chunk: 55

Company: KEYCORP /NEW/
Filing Date: 2025-11-04
Form: 10-Q
Item: Item 2
Chunk 55
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Total LoansAmountPercent ofAllowance toTotal AllowancePercent ofLoan Type toTotal LoansCommercial and industrial$731 50.6 %53.6 %$639 45.4 %50.7 %Commercial real estate:Commercial mortgage277 19.2 12.6 320 22.7 12.8 Construction50 3.5 2.7 51 3.6 2.8 Total commercial real estate loans327 22.7 15.3 371 26.3 15.6 Commercial lease financing25 1.7 2.2 27 1.9 2.6 Total commercial loans1,083 75.0 71.1 1,037 73.6 68.9 Real estate — residential mortgage68 4.7 18.0 90 6.4 19.1 Home equity loans68 4.7 5.5 70 5.0 6.1 Other consumer loans143 9.9 4.5 136 9.6 5.0 Credit cards82 5.7 0.9 76 5.4 0.9 Total consumer loans361 25.0 28.9 372 26.4 31.1 Total ALLL — continuing operations (a)$1,444 100.0 %100.0 %$1,409 100.0 %100.0 %

(a)Excludes allocations of the ALLL related to the discontinued operations of the education lending business in the amount of $12 million at September 30, 2025, and $13 million at December 31, 2024.

Net loan charge-offs 

Figure 27 shows the trend in our net loan charge-offs by loan type, while the composition of loan charge-offs and recoveries by type of loan is presented in Figure 29. Figure 28 shows the ratios of net charge-offs by loan category as a percentage of the respective average loan balance. 

41

Net loan charge-offs for the three months ended September 30, 2025, decreased $40 million compared to the year-ago quarter.

Figure 27. Net Loan Charge-offs (Recoveries) from Continuing Operations

 20252024Dollars in millionsThirdSecondFirstFourthThirdCommercial and industrial$66 $75