Company: KEY-PI
Filing Date: 2025-05-06
Form Type: 10-Q
Source: 0000091576-25-000058
Chunk: 52

Company: KEYCORP /NEW/
Filing Date: 2025-05-06
Form: 10-Q
Item: Item 2
Chunk 52
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 15.6 Commercial lease financing34 2.4 2.5 27 1.9 2.6 Total commercial loans1,057 74.0 69.8 1,037 73.6 68.9 Residential — prime loans:Real estate — residential mortgage71 5.0 18.7 90 6.4 19.1 Home equity loans75 5.2 5.9 70 5.0 6.1 Total residential — prime loans146 10.2 10.2 160 11.4 25.2 Other consumer loans143 10.0 4.8 136 9.6 5.0 Credit cards83 5.8 0.8 76 5.4 0.9 Total consumer loans372 26.0 30.2 372 26.4 31.1 Total ALLL — continuing operations (a)$1,429 100.0 %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 $13 million at March 31, 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. 

Net loan charge-offs for the three months ended March 31, 2025, increased $29 million compared to the year-ago quarter.

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

 20252024Dollars in millionsFirstFourthThirdSecondFirstCommercial and industrial$52 $72 $124 $55 $54 Commercial real estate:Commercial mortgage36 18 6 9 5 Construction— — — — — Total commercial real estate loans36 18 6 9 5 Commercial lease financing— 1 — 3 (2)Total commercial loans88 91 130 67 57 Residential — prime loans:Real estate — residential