KEYCORP /NEW/
For the period ended Mar 31, 2025. Filed May 6, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed May 6, 2025
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Provision for credit losses
Key’s provision for credit losses was $118 million for the three months ended March 31, 2025, compared to $101 million for the three months ended March 31, 2024. The increase from the year-ago period is driven by higher net loan charge-offs and the impact of uncertainty in the economic outlook, partly offset by improved credit migration trends.
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