Company: KEY-PI
Filing Date: 2025-05-06
Form Type: 10-Q
Source: 0000091576-25-000058
Chunk: 21

Company: KEYCORP /NEW/
Filing Date: 2025-05-06
Form: 10-Q
Item: Item 2
Chunk 21
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 report.  

At March 31, 2025, total loans outstanding from continuing operations were $104.8 billion, compared to $104.3 billion at December 31, 2024. For more information on balance sheet carrying value, see Note 1 (“Summary of Significant Accounting Policies”) under the headings “Loans” and “Loans Held for Sale” starting on page 110 of our 2024 Form 10-K.

Commercial loan portfolio

Commercial loans outstanding were $73.1 billion at March 31, 2025, an increase of $1.2 billion, or 1.7%, compared to December 31, 2024, primarily driven by increases in commercial and industrial loans.

22

Figure 8 provides our commercial loan portfolios by industry classification at March 31, 2025, and December 31, 2024.

Figure 8. Commercial Loans by Industry 

March 31, 2025Commercial and industrialCommercialreal estateCommerciallease financingTotal commercialloansPercent oftotalDollars in millionsIndustry classification: Agriculture $857 $96 $78 $1,031 1.4 % Automotive 2,366 614 1 2,981 4.1  Business services 2,993 247 74 3,314 4.5  Commercial real estate 7,487 11,813 1 19,301 26.4  Construction materials and contractors1,855 251 188 2,294 3.1  Consumer goods3,810 510 175 4,495 6.1  Consumer services 4,172 602 318 5,092 7.0  Equipment 1,733 149 128 2,010 2.8  Finance 10,850 99 200 11,149 15.2  Healthcare 2,764 1,348 191 4,303 5.9  Materials and extraction2,193 198 128 2,519 3.4  Oil and gas 2,140 27 9 2,176 3.0  Public exposure 1,883 7 354 2,244 3.1  Technology, media, and telecom599 11 40 650 0.9  Transportation