Company: KEY-PI
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0000091576-25-000110
Chunk: 287

Company: KEYCORP /NEW/
Filing Date: 2025-08-05
Form: 10-Q
Item: Item 8
Chunk 287
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Other includes various corporate treasury activities such as management of our investment securities portfolio, long-term debt, short-term liquidity and funding activities, and balance sheet risk management, our principal investing unit, and various exit portfolios as well as reconciling items, which primarily represent the unallocated portion of nonearning assets of corporate support functions. Charges related to the funding of these assets are part of net interest income and are allocated to the business segments through noninterest expense. Reconciling items also include intercompany eliminations and certain items that are not allocated to the business segments because they do not reflect their normal operations.Developing and applying the methodologies that we use to allocate items among our lines of business is a dynamic process. Accordingly, financial results may be revised periodically to reflect enhanced alignment of expense base allocation drivers, changes in the risk profile of a particular business, or changes in our organizational structure.The table below shows selected financial data for our business segments for the three- and six-month periods ended June 30, 2025, and June 30, 2024. Capital is assigned to each business segment based on a combination of regulatory and economic equity. 

90

Three months ended June 30,Consumer BankCommercial BankOtherTotal KeyDollars in millions20252024202520242025202420252024SUMMARY OF OPERATIONSNet interest income (TE)$676 $523 $556 $411 $(82)$(35)$1,150 $899 Noninterest income236 235 418 357 36 35 690 627 Total revenue (TE) (a)912 758 974 768 (46)— 1,840 1,526 Provision for credit losses55 33 84 87 (1)(20)138 100 Personnel expense222 210 178 169 305 257 705 636 Other direct noninterest expense141 151 69 88 239 204 449 443 Support and overhead333 287 202 174 (535)(461)— — Income (loss) from continuing operations before income taxes (TE)161 77 441 250 (54)20 548 347 Allocated income taxes and TE adjustments39 18 92 44 (6)12 125 74 Income (loss) from continuing operations122 59 349 206 (48)8 423 273 Income (loss) from