Company: KEY-PI
Filing Date: 2025-11-04
Form Type: 10-Q
Source: 0001628280-25-048757
Chunk: 57

Company: KEYCORP /NEW/
Filing Date: 2025-11-04
Form: 10-Q
Item: Item 2
Chunk 57
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.43 %0.43 %0.58 %

42

Figure 29. Summary of Loan and Lease Loss Experience from Continuing Operations

 Three months ended September 30,Nine months ended September 30,Dollars in millions2025202420252024Average loans outstanding$106,227 $106,244 $105,439 $108,738 Allowance for loan and lease losses at beginning of period$1,446 $1,547 $1,409 $1,508 Loans charged off:Commercial and industrial$87 $131 $243 $279 Commercial real estate:Commercial mortgage27 7 69 22 Construction— — — — Total commercial real estate loans(a)27 7 Commercial lease financing— — 2 6 Total commercial loans114 138 314 307 Real estate — residential mortgage— — 1 2 Home equity loans— 1 1 2 Other consumer loans15 17 42 49 Credit cards11 11 35 35 Total consumer loans26 29 79 88 Total loans charged off140 167 393 395 Recoveries:Commercial and industrial21 7 50 46 Commercial real estate:Commercial mortgage— 1 1 2 Construction— — — — Total commercial real estate loans(a)— 1 1 2 Commercial lease financing— — — 5 Total commercial loans21 8 51 53 Real estate — residential mortgage1 1 3 4 Home equity loans— 1 2 2 Other consumer loans2 2 6 6 Credit cards2 1 5 4 Total consumer loans5 5 16 16 Total recoveries26 13 67 69 Net loan charge-offs(114)(154)(326)(326)Provision (credit) for loan and lease losses112 101 361 312 Allowance for loan and lease losses at end of period$1,444 $1,494 $1,444 $1,494 Liability for credit losses on lending-related commitments at beginning of period$297 $286 $290 $296 Provision (credit) for losses on lending-related commitments(5)(6)2 (16)Other— — — —