Company: KEY-PI
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0000091576-25-000110
Chunk: 16

Company: KEYCORP /NEW/
Filing Date: 2025-08-05
Form: 10-Q
Item: Item 2
Chunk 16
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 30, 2025, and June 30, 2024, respectively.

(e)Yield presented is calculated on the basis of amortized cost excluding fair value hedge basis adjustments. The average amortized cost for securities available for sale was $43.8 billion and $42.8 billion for the three months ended June 30, 2025 and June 30, 2024, respectively. Yield based on the fair value of securities available for sale was 4.03% and 2.82% for the three months ended June 30, 2025 and June 30, 2024, respectively.

(f)A portion of long-term debt and the related interest expense is allocated to discontinued liabilities as a result of applying our matched funds transfer pricing methodology to discontinued operations.

(g)Average balances presented are based on daily average balances over the respective stated period.

13

Figure 3. Consolidated Average Balance Sheets, Net Interest Income, and Yields/Rates and Components of Net Interest Income Changes from Continuing Operations(g) 

 Six months ended June 30, 2025Six months ended June 30, 2024Change in Net interest income due toDollars in millionsAverageBalanceInterest (a)Yield/Rate (a)AverageBalanceInterest (a)Yield/Rate (a)VolumeYield/RateTotalASSETSLoans (b), (c)Commercial and industrial (d)$54,680 $1,638 6.04 %$54,909 $1,714 6.28 %$(7)$(69)$(76)Real estate — commercial mortgage13,187 392 5.99 14,562 446 6.16 (41)(13)(54)Real estate — construction2,889 99 6.91 3,030 113 7.51 (5)(9)(14)Commercial lease financing2,588 46 3.55 3,269 55 3.34 (12)3 (9)Total commercial loans73,344 2,175 5.98 75,770 2,328 6.18 (65)(88)(153)Real estate — residential mortgage19,591 327 3.34 20,664 340 3.30 (18)5 (13)Home equity loans6,169 172 5.62 6,921 206