Company: KEY-PI
Filing Date: 2025-11-04
Form Type: 10-Q
Source: 0001628280-25-048757
Chunk: 35

Company: KEYCORP /NEW/
Filing Date: 2025-11-04
Form: 10-Q
Item: Item 2
Chunk 35
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SecuritiesTotalWeighted-Average Yield(b)September 30, 2025Remaining maturity:One year or less$56 $— $379 $119 $8 $562 2.51 %After one through five years1,219 153 764 1 16 2,153 3.38 After five through ten years2,593 783 225 2 — 3,603 4.05 After ten years308 66 817 — — 1,191 3.56 Amortized cost$4,176 $1,002 $2,185 $122 $24 $7,509 3.67 %Fair value$3,991 $995 $2,034 $120 $24 $7,164 Weighted-average yield(b)3.78 %4.90 %2.97 %2.07 %4.33 %3.67 %— Weighted-average maturity6.6 years6.8 years8.3 years0.7 years1.3 years7.0 years— December 31, 2024Amortized cost$4,577 $151 $2,333 $308 $26 $7,395 3.43 %Fair value4,248 134 2,130 300 25 6,837 

(a)Maturity is based upon expected average lives rather than contractual terms.

(b)Weighted-average yields are calculated based on amortized cost. Such yields have been adjusted to a TE basis using the statutory federal income tax rate in effect that calendar year.

Deposits and other sources of funds

Figure 16. Breakdown of Deposits at September 30, 2025

The following presents the breakdown of our deposits by product for the noted periods.

Dollars in billionsSeptember 30, 2025December 31, 2024Money market deposits$42.7 $41.0 Demand deposits60.8 57.6 Savings deposits4.4 4.6 Time deposits14.6 17.0 Noninterest bearing deposits28.3 29.6 Total$150.8 $149.8 

Our highly diversified deposit base is our primary source of funding. At September 30, 2025, our deposits