Earnings Per Common Share (Tables)

12 Months Ended

Dec. 31, 2025

Earnings Per Share [Abstract]

Schedule of Basic and Diluted Earnings Per Common Share

Our basic and diluted earnings per Common Share are calculated as follows:

Year ended December 31,
Dollars in millions, except per share amounts	2025		2024		2023
EARNINGS
Income (loss) from continuing operations	$	1,828	$	(163)	$	964
Less: Dividends on preferred stock	143		143		143
Income (loss) from continuing operations attributable to Key common shareholders	1,685		(306)		821
Income (loss) from discontinued operations, net of taxes	1		2		3
Net income (loss) attributable to Key common shareholders	$	1,686	$	(304)	$	824
WEIGHTED-AVERAGE COMMON SHARES
Weighted-average Common Shares outstanding (000)	1,098,558		949,561		927,217
Effect of common share options and other stock awards(a)	9,436		—		5,542
Weighted-average common shares and potential Common Shares outstanding (000) (b)	1,107,994		949,561		932,759
EARNINGS PER COMMON SHARE
Income (loss) from continuing operations attributable to Key common shareholders	$	1.53	$	(.32)	$	.88
Income (loss) from discontinued operations, net of taxes	—		—		—
Net income (loss) attributable to Key common shareholders (c)	1.53		(.32)		.89
Income (loss) from continuing operations attributable to Key common shareholders — assuming dilution	1.52		(.32)		.88
Income (loss) from discontinued operations, net of taxes — assuming dilution	—		—		—
Net income (loss) attributable to Key common shareholders — assuming dilution (c)	1.52		(.32)		.88

(a)For periods ended in a loss from continuing operations attributable to Key common shareholders, anti-dilutive instruments have been excluded from the calculation of diluted earnings per share.

(b)Assumes conversion of Common Share options and other stock awards and/or convertible preferred stock, as applicable.

(c)EPS may not foot due to rounding.