Company: KEY-PI
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0000091576-25-000110
Chunk: 58

Company: KEYCORP /NEW/
Filing Date: 2025-08-05
Form: 10-Q
Item: Item 2
Chunk 58
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6.1 Other consumer loans141 9.7 4.6 136 9.6 5.0 Credit cards82 5.7 0.9 76 5.4 0.9 Total consumer loans360 24.9 29.3 372 26.4 31.1 Total ALLL — continuing operations (a)$1,446 100.0 %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 June 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. 

42

Net loan charge-offs for the three months ended June 30, 2025, increased $11 million compared to the year-ago quarter.

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

 20252024Dollars in millionsSecondFirstFourthThirdSecondCommercial and industrial$75 $52 $72 $124 $55 Commercial real estate:Commercial mortgage5 36 18 6 9 Construction— — — — — Total commercial real estate loans5 36 18 6 9 Commercial lease financing2 — 1 — 3 Total commercial loans82 88 91 130 67 Real estate — residential mortgage(1)— — (1)— Home equity loans(1)— — — — Other consumer loans11 12 13 15 14 Credit cards11 10 10 10 10 Total consumer loans20 22 23 24 24 Total net loan charge-offs$102 $110 $114 $154 $91 Net loan charge-offs to average loans.39 %.43 %.43 %.58 %.34 %Net loan charge-offs from discontinued operations — education lending business$1 $1 $1 $1 $— 

Figure 28