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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
INTEREST INCOME      
Loans $ 5,749 $ 6,026 $ 6,219
Loans held for sale 61 60 61
Securities available for sale 1,599 1,142 793
Held-to-maturity securities 264 284 312
Trading account assets 56 61 55
Short-term investments 624 792 414
Other investments 33 62 73
Total interest income 8,386 8,427 7,927
INTEREST EXPENSE      
Deposits 2,919 3,307 2,322
Federal funds purchased and securities sold under repurchase agreements 13 4 79
Bank notes and other short-term borrowings 84 164 308
Long-term debt 734 1,187 1,305
Total interest expense 3,750 4,662 4,014
NET INTEREST INCOME 4,636 3,765 3,913
Provision for credit losses 471 335 489
Net interest income after provision for credit losses 4,165 3,430 3,424
NONINTEREST INCOME      
Trust and investment services income 591 557 516
Investment banking and debt placement fees 780 688 542
Cards and payments income 337 331 340
Service charges on deposit accounts 295 261 270
Corporate services income 294 275 302
Commercial mortgage servicing fees 287 258 190
Corporate-owned life insurance income 140 138 132
Consumer mortgage income 58 58 51
Operating lease income and other leasing gains 43 76 92
Other income 23 23 46
Net securities gains (losses) (6) (1,856) (11)
Total noninterest income 2,842 809 2,470
NONINTEREST EXPENSE      
Personnel 2,917 2,714 2,660
Net occupancy 270 266 267
Computer processing 425 414 368
Business services and professional fees 193 174 168
Equipment 83 80 88
Operating lease expense 38 63 77
Marketing 95 94 109
Other expense 682 740 997
Total noninterest expense 4,703 4,545 4,734
INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES 2,304 (306) 1,160
Income taxes 476 (143) 196
INCOME (LOSS) FROM CONTINUING OPERATIONS 1,828 (163) 964
Income (loss) from discontinued operations 1 2 3
NET INCOME (LOSS) 1,829 (161) 967
Income (loss) from continuing operations attributable to Key common shareholders 1,685 (306) 821
Net income (loss) attributable to Key common shareholders $ 1,686 $ (304) $ 824
Per Common Share:      
Income (loss) from continuing operations attributable to Key common shareholders (in dollars per share) $ 1.53 $ (0.32) $ 0.88
Income (loss) from discontinued operations, net of taxes (in dollars per share) 0 0 0
Net income (loss) attributable to Key common shareholders (in dollars per share) [1] 1.53 (0.32) 0.89
Per Common Share — assuming dilution:      
Income (loss) from continuing operations attributable to Key common shareholders (in dollars per share) 1.52 (0.32) 0.88
Income (loss) from discontinued operations, net of taxes (in dollars per share) 0 0 0
Net income (loss) attributable to Key common shareholders (in dollars per share) [1] $ 1.52 $ (0.32) $ 0.88
Weighted-average Common Shares outstanding (in shares) 1,098,558 949,561 927,217
Effect of Common Share options and other stock awards (in shares) [2] 9,436 0 5,542
Weighted-average Common Shares and potential Common Shares outstanding (in shares) [3] 1,107,994 949,561 932,759
[1] EPS may not foot due to rounding.
[2] 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.
[3] Assumes conversion of Common Share options and other stock awards and/or convertible preferred stock, as applicable.