KEYCORP /NEW/
For the period ended Dec 31, 2025. Filed Feb 23, 2026.
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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.
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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Management’s Discussion and Analysis of Financial Condition and Results of Operations
ITEM 7. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
| Page Number | |
|---|---|
| Introduction | 51 |
| Corporate strategy | 51 |
| Executive overview | 52 |
| Results of Operations | 53 |
| Earnings overview | 53 |
| Net interest income | 53 |
| Provision for credit losses | 56 |
| Noninterest income | 56 |
| Noninterest expense | 58 |
| Income taxes | 59 |
| Business Segment Results | 59 |
| Consumer Bank | 59 |
| Commercial Bank | 60 |
| Financial Condition | 62 |
| Loans and loans held for sale | 62 |
| Securities | 68 |
| Deposits and other sources of funds | 70 |
| Capital | 71 |
| Off-Balance Sheet Arrangements and Aggregate Contractual Obligations | 73 |
| Off-balance sheet arrangements | 73 |
| Guarantees | 74 |
| Risk Management | 74 |
| Overview | 74 |
| Market risk management | 76 |
| Liquidity risk management | 82 |
| Credit risk management | 85 |
| Operational and compliance risk management | 89 |
| GAAP to Non-GAAP Reconciliations | 90 |
| Critical Accounting Policies and Estimates | 91 |
| Allowance for loan and lease losses | 92 |
| Valuation methodologies | 93 |
| Accounting and reporting developments | 96 |
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