KEYCORP NEW
For the period ended Dec 31, 2023. Filed Feb 22, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 22, 2024
KEY$21.41+2.7%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Management’s Discussion and Analysis of Financial Condition and Results of Operations
ITEM 7. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
| Page Number | |
|---|---|
| Introduction | 48 |
| Long-term financial targets | 49 |
| Corporate strategy | 50 |
| Strategic developments | 50 |
| Results of Operations | 51 |
| Earnings overview | 51 |
| Net interest income | 51 |
| Provision for credit losses | 54 |
| Noninterest income | 54 |
| Noninterest expense | 56 |
| Income taxes | 58 |
| Business Segment Results | 58 |
| Consumer Bank | 58 |
| Commercial Bank | 59 |
| Financial Condition | 61 |
| Loans and loans held for sale | 61 |
| Securities | 67 |
| Deposits and other sources of funds | 70 |
| Capital | 71 |
| Off-Balance Sheet Arrangements and Aggregate Contractual Obligations | 73 |
| Off-balance sheet arrangements | 73 |
| Guarantees | 74 |
| Risk Management | 74 |
| Overview | 74 |
| Market risk management | 76 |
| Liquidity risk management | 82 |
| Credit risk management | 85 |
| Operational and compliance risk management | 88 |
| GAAP to Non-GAAP Reconciliations | 89 |
| Critical Accounting Policies and Estimates | 90 |
| Allowance for loan and lease losses | 91 |
| Valuation methodologies | 92 |
| Derivatives and hedging | 94 |
| Contingent liabilities, guarantees and income taxes | 94 |
| Accounting and reporting developments | 95 |
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