KEYCORP /NEW/

For the period ended Sep 30, 2026. Filed Nov 3, 2026.

About this filing

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.

Sep 30, 2026 · Filed Nov 3, 2026

KEY$21.34-0.3%Stored close · as of Nov 10, 2026

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Contents

Consolidated Statements of Income

Dollars in millions, except per share amounts	Three months ended September 30,		Nine months ended September 30,
(Unaudited)	2026	2025	2026	2025
INTEREST INCOME
Loans	$1,511	$1,466	$4,390	$4,310
Loans held for sale	22	18	51	43
Securities available for sale	373	408	1,110	1,211
Held-to-maturity securities	98	64	279	188
Trading account assets	12	11	33	44
Short-term investments	107	156	311	487
Other investments	10	8	23	25
Total interest income	2,133	2,131	6,197	6,308
INTEREST EXPENSE
Deposits	634	748	1,832	2,231
Federal funds purchased and securities sold under repurchase agreements	11	4	44	9
Bank notes and other short-term borrowings	25	14	80	75
Long-term debt	163	181	469	572
Total interest expense	833	947	2,425	2,887
NET INTEREST INCOME	1,300	1,184	3,772	3,421
Provision for credit losses	61	107	259	363
Net interest income after provision for credit losses	1,239	1,077	3,513	3,058
NONINTEREST INCOME
Investment banking and debt placement fees	214	184	580	537
Trust and investment services income	165	150	481	435
Cards and payments income	93	86	273	253
Service charges on deposit accounts	79	75	233	217
Corporate services income	72	72	223	213
Commercial mortgage servicing fees	53	73	164	219
Corporate-owned life insurance income	35	35	102	100
Consumer mortgage income	14	14	44	42
Operating lease income and other leasing gains	9	11	27	34
Other income	9	8	42	16
Net securities gains (losses)	1	(6)	4	(6)
Total noninterest income	744	702	2,173	2,060
NONINTEREST EXPENSE
Personnel	815	742	2,344	2,127
Computer processing	116	105	335	319
Net occupancy	67	65	203	201
Business services and professional fees	46	44	128	132
Marketing	23	22	63	67
Equipment	21	20	62	61
Operating lease expense	6	9	20	30
Other expense	151	170	488	525
Total noninterest expense	1,245	1,177	3,643	3,462
INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES	738	602	2,043	1,656
Income taxes	159	112	434	337
INCOME (LOSS) FROM CONTINUING OPERATIONS	579	490	1,609	1,319
Income (loss) from discontinued operations	—	(1)	1	—
NET INCOME (LOSS)	$579	$489	$1,610	$1,319
Income (loss) from continuing operations attributable to Key common shareholders	$537	$454	$1,495	$1,211
Net income (loss) attributable to Key common shareholders	537	453	1,496	1,211
Per Common Share:
Income (loss) from continuing operations attributable to Key common shareholders	$.51	$.41	$1.39	$1.10
Income (loss) from discontinued operations, net of taxes	—	—	—	—
Net income (loss) attributable to Key common shareholders (a)	.51	.41	1.39	1.10
Per Common Share — assuming dilution:
Income (loss) from continuing operations attributable to Key common shareholders	$.51	$.41	$1.39	$1.09
Income (loss) from discontinued operations, net of taxes	—	—	—	—
Net income (loss) attributable to Key common shareholders (a)	.51	.41	1.39	1.09
Weighted-average Common Shares outstanding (000)	1,054,951	1,100,830	1,070,808	1,099,520
Effect of Common Share options and other stock awards	9,315	9,845	9,395	8,864
Weighted-average Common Shares and potential Common Shares outstanding (000) (b)	1,064,266	1,110,675	1,080,203	1,108,384

(a)EPS may not foot due to rounding.

(b)Assumes conversion of Common Share options and other stock awards and/or convertible preferred stock, as applicable.

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.