KEYCORP /NEW/
For the period ended Sep 30, 2026. Filed Nov 3, 2026.
View on SEC.govAbout 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$21.41+2.7%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Table of contents
KEYCORP
TABLE OF CONTENTS
PART I. FINANCIAL INFORMATION
| Page Number | ||
|---|---|---|
| Item 1. | Financial Statements | 46 |
| Consolidated Balance Sheets | 46 | |
| Consolidated Statements of Income | 47 | |
| Consolidated Statements of Comprehensive Income | 48 | |
| Consolidated Statements of Changes in Equity | 49 | |
| Consolidated Statements of Cash Flows | 50 | |
| Notes to Consolidated Financial Statements (Unaudited) | 51 | |
| Note 1. Basis of Presentation and Accounting Policies | 51 | |
| Note 2. Earnings Per Common Share | 51 | |
| Note 3. Loan Portfolio | 52 | |
| Note 4. Asset Quality | 52 | |
| Note 5. Fair Value Measurements | 65 | |
| Note 6. Securities | 68 | |
| Note 7. Derivatives and Hedging Activities | 70 | |
| Note 8. Mortgage Servicing Assets | 75 | |
| Note 9. Leases | 77 | |
| Note 10. Variable Interest Entities | 78 | |
| Note 11. Income Taxes | 79 | |
| Note 12. Acquisitions & Discontinued Operations | 80 | |
| Note 13. Borrowings | 80 | |
| Note 14. Contingent Liabilities and Guarantees | 81 | |
| Note 15. Accumulated Other Comprehensive Income | 83 | |
| Note 16. Shareholders’ Equity | 84 | |
| Note 17. Business Segment Reporting | 85 | |
| Note 18. Revenue from Contracts with Customers | 87 | |
| Report of Independent Registered Public Accounting Firm (PCAOB ID: 42) | 88 | |
| Item 2. | Management’s Discussion & Analysis of Financial Condition & Results of Operations | 4 |
|---|---|---|
| Introduction | 4 | |
| Terminology | 4 | |
| Forward-looking statements | 5 | |
| Executive overview | 7 | |
| Business outlook | 7 | |
| Demographics | 8 | |
| Supervision and regulation | 8 | |
| Results of Operations | 11 | |
| Earnings overview | 11 | |
| Net interest income | 11 | |
| Provision for credit losses | 16 | |
| Noninterest income | 16 | |
| Noninterest expense | 18 | |
| Income taxes | 18 | |
| Business Segment Results | 20 | |
| Consumer Bank | 20 | |
| Commercial Bank | 21 | |
| Financial Condition | 22 | |
| Loans and loans held for sale | 22 | |
| Securities | 26 | |
| Deposits and other sources of funds | 28 | |
| Capital | 29 | |
| Risk Management | 32 | |
| Overview | 32 | |
| Market risk management | 32 | |
| Liquidity risk management | 36 | |
| Credit risk management | 38 | |
| Operational and compliance risk management | 42 | |
| GAAP to Non-GAAP Reconciliations | 43 | |
| Critical Accounting Policies and Estimates | 44 | |
| Accounting and Reporting Developments | 45 | |
| Item 3. | Quantitative and Qualitative Disclosure about Market Risk | 89 |
| Item 4. | Controls and Procedures | 89 |
| PART II. OTHER INFORMATION | ||
|---|---|---|
| Item 1. | Legal Proceedings | 89 |
| Item 1A. | Risk Factors | 89 |
| Item 2. | Unregistered Sales of Equity Securities and Use of Proceeds | 90 |
| Item 5. | Other Information | 90 |
| Item 6. | Exhibits | 91 |
| Signature | 92 | |
PART I. FINANCIAL INFORMATION
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.