KEYCORP NEW
For the period ended Dec 31, 2024. Filed Feb 21, 2025.
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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.
FY2024 · Filed Feb 21, 2025
KEY$21.41+2.7%Stored close · as of Nov 9, 2026
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Accounting and reporting developments
The following table presents accounting guidance pending adoption.
| Standard | Required Adoption | Description | Effect on Financial Statements or Other Significant Matters |
|---|---|---|---|
| ASU 2023-06DisclosureImprovements | The date on which the SEC’s removal of relateddisclosures fromRegulation S-X orRegulation S-K becomes effective.Early adoption isprohibited. | This guidance clarifies and improves disclosure requirements for a variety of topics to align with the SEC's regulations.The amendments should be applied prospectively. | The guidance is not expected to have a material impact on Key’s disclosures. |
| ASU 2024-03Income Statement—Reporting Comprehensive Income—Expense Disaggregation Disclosures (Topic 220-40) | January 1, 2027Early adoption is permitted. | The guidance requires public companies disclose additional information about certain types of costs and expenses.The guidance should be applied on a prospective or retrospective basis. | The guidance is not expected to have a material impact on Key’s disclosures. |
| ASU 2024-04Debt—Debt with Conversion andOther Options (Topic 470-20) | January 1, 2026Early adoption is permitted. | The guidance clarifies criteria to determine whether a settlement of a convertible debt instrument should be accounted for as an induced conversion. The guidance should be applied on a prospective or retrospective basis. | The guidance is not expected to have a material impact on Key’s disclosures. |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.