Exhibit



	Year ended December 31,
	2017		2016		2015		2014			2013
Computation of Earnings
Net income (loss) attributable to Key	$	1,296	$	791	$	916	$	900		$	910
Add: Provision for income taxes	637		179		303		326			271
Less: Income (loss) from discontinued operations, net of taxes	7		1		1		(39		)	40
Income (loss) before income taxes and cumulative effect of accounting change	1,926		969		1,218		1,265			1,141
Fixed charges, excluding interest on deposits	362		246		185		160			154
Total earnings for computation, excluding interest on deposits	2,288		1,215		1,403		1,425			1,295
Interest on deposits	278		171		105		117			158
Total earnings for computation, including interest on deposits	$	2,566	$	1,386	$	1,508	$	1,542		$	1,453
Computation of Fixed Charges
Net rental expense	$	144	$	110	$	104	$	104		$	111
Portion of net rental expense deemed representative of interest	$	27	$	17	$	16	$	16		$	17
Interest on short-term borrowed funds	16		11		9		11			10
Interest on long-term debt	319		218		160		133			127
Total fixed charges, excluding interest on deposits	362		246		185		160			154
Interest on deposits	278		171		105		117			158
Total fixed charges, including interest on deposits	$	640	$	417	$	290	$	277		$	312
Combined Fixed Charges and Preferred Stock Dividends
Preferred stock dividend requirement on a pre-tax basis	$	70	$	37	$	23	$	22		$	23
Total fixed charges, excluding interest on deposits	362		246		185		160			154
Combined fixed charges and preferred stock dividends, excluding interest on deposits	432		283		208		182			177
Interest on deposits	278		171		105		117			158
Combined fixed charges and preferred stock dividends, including interest on deposits	$	710	$	454	$	313	$	299		$	335
Ratio of Earnings to Fixed Charges
Excluding deposit interest	6.32		4.94		7.58		8.91			8.41
Including deposit interest	4.01		3.32		5.20		5.57			4.66
Ratio of Earnings to Combined Fixed Charges and Preferred Stock Dividends
Excluding deposit interest	5.30		4.29		6.75		7.83			7.32
Including deposit interest	3.61		3.05		4.82		5.16			4.34