KEYCORP /NEW/
For the period ended Dec 31, 2025. Filed Feb 23, 2026.
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FY2025 · Filed Feb 23, 2026
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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Consolidated Balance Sheets
| December 31, | ||
|---|---|---|
| Dollars in millions, except per share data | 2025 | 2024 |
| ASSETS | ||
| Cash and due from banks | $1,287 | $1,743 |
| Short-term investments | 10,163 | 17,504 |
| Trading account assets | 1,061 | 1,283 |
| Securities available for sale | 39,596 | 37,707 |
| Held-to-maturity securities (fair value: $8,313 and $6,837) | 8,622 | 7,395 |
| Other investments | 949 | 1,041 |
| Loans, net of unearned income of $303 and $311 | 106,541 | 104,260 |
| Allowance for loan and lease losses | (1,427) | (1,409) |
| Net loans | 105,114 | 102,851 |
| Loans held for sale (a) | 1,077 | 797 |
| Premises and equipment | 628 | 614 |
| Goodwill | 2,752 | 2,752 |
| Other intangible assets | 8 | 27 |
| Corporate-owned life insurance | 4,432 | 4,394 |
| Accrued income and other assets | 8,481 | 8,797 |
| Discontinued assets | 211 | 263 |
| Total assets | $184,381 | $187,168 |
| LIABILITIES | ||
| Deposits: | ||
| Interest-bearing deposits | $121,100 | $120,132 |
| Noninterest-bearing deposits | 27,613 | 29,628 |
| Total deposits | 148,713 | 149,760 |
| Federal funds purchased and securities sold under repurchase agreements | 13 | 14 |
| Bank notes and other short-term borrowings | 1,071 | 2,130 |
| Accrued expense and other liabilities | 4,286 | 4,983 |
| Long-term debt | 9,917 | 12,105 |
| Total liabilities | 164,000 | 168,992 |
| EQUITY | ||
| Preferred stock | 2,500 | 2,500 |
| Common Shares, $1 par value; authorized 2,100,000,000 shares; issued 1,256,702,081 shares at December 31, 2025 and 2024 | 1,257 | 1,257 |
| Capital surplus | 6,035 | 6,038 |
| Retained earnings | 15,359 | 14,584 |
| Treasury stock, at cost (154,301,387 and 149,915,630 shares) | (2,810) | (2,733) |
| Accumulated other comprehensive income (loss) | (1,960) | (3,470) |
| Total equity | 20,381 | 18,176 |
| Total liabilities and equity | $184,381 | $187,168 |
(a)Total loans held for sale include Real estate — residential mortgage loans held for sale at fair value of $149 million at December 31, 2025, and $93 million at December 31, 2024.
See Notes to Consolidated Financial Statements
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.