Line of Business Results (Tables)

6 Months Ended

Jun. 30, 2018




Three months ended June 30,	Key Community Bank						Key Corporate Bank
dollars in millions	2018			2017			2018			2017
SUMMARY OF OPERATIONS
Net interest income (TE)	$	715		$	676		$	277		$	312
Noninterest income	281			322			265			285
Total revenue (TE) ^(a)	996			998			542			597
Provision for credit losses	38			47			28			19
Depreciation and amortization expense	28			28			33			22
Other noninterest expense	611			607			293			275
Income (loss) from continuing operations before income taxes (TE)	319			316			188			281
Allocated income taxes and TE adjustments	75			118			21			57
Income (loss) from continuing operations	244			198			167			224
Income (loss) from discontinued operations, net of taxes	—			—			—			—
Net income (loss)	244			198			167			224
Less: Net income (loss) attributable to noncontrolling interests	—			—			—			—
Net income (loss) attributable to Key	$	244		$	198		$	167		$	224

AVERAGE BALANCES ^(b)
Loans and leases	$	47,984		$	47,477		$	39,710		$	37,704
Total assets ^(a)	51,866			51,441			47,213			44,131
Deposits	80,930			79,601			21,057			21,145
OTHER FINANCIAL DATA
Net loan charge-offs ^(b)	$	34		$	47		$	26		$	19
Return on average allocated equity ^(b)	20.22		%	16.59		%	23.07		%	31.66		%
Return on average allocated equity	20.22			16.59			23.07			31.66
Average full-time equivalent employees ^(c)	10,619			10,558			2,537			2,364




Six months ended June 30,	Key Community Bank						Key Corporate Bank
dollars in millions	2018			2017			2018			2017
SUMMARY OF OPERATIONS
Net interest income (TE)	$	1,403		$	1,305		$	549		$	616
Noninterest income	551			583			552			559
Total revenue (TE) ^(a)	1,954			1,888			1,101			1,175
Provision for credit losses	86			94			42			36
Depreciation and amortization expense	57			56			67			42
Other noninterest expense	1,233			1,185			573			561
Income (loss) from continuing operations before income taxes (TE)	578			553			419			536
Allocated income taxes and TE adjustments	137			206			45			133
Income (loss) from continuing operations	441			347			374			403
Income (loss) from discontinued operations, net of taxes	—			—			—			—
Net income (loss)	441			347			374			403
Less: Net income (loss) attributable to noncontrolling interests	—			—			—			(1		)
Net income (loss) attributable to Key	$	441		$	347		$	374		$	404

AVERAGE BALANCES^(b)
Loans and leases	$	47,833		$	47,282		$	38,989		$	37,696
Total assets ^(a)	51,736			51,215			46,386			44,128
Deposits	80,440			79,375			20,937			21,074
OTHER FINANCIAL DATA
Net loan charge-offs ^(b)	$	76		$	90		$	38		$	33
Return on average allocated equity ^(b)	18.43		%	14.70		%	26.21		%	28.27		%
Return on average allocated equity	18.43			14.70			26.21			28.27
Average full-time equivalent employees ^(c)	10,642			10,511			2,540			2,374


(a)	Substantially all revenue generated by our major business segments is derived from clients that reside in the United States. Substantially all long-lived assets, including premises and equipment, capitalized software, and goodwill held by our major business segments, are located in the United States.


(b)	From continuing operations.


(c)	The number of average full-time equivalent employees was not adjusted for discontinued operations.