What changed 10-K

Item 7A. Quantitative and Qualitative Disclosures About Market Risk

2025-03-19 compared with 2024-03-13 · 1 added, 1 removed, 48 unchanged (4% of the section changed)

18 unchanged sentences

The degree to which the EVE ratio changes for any hypothetical interest rate scenario from its base case measurement is a reflection of an institution’s sensitivity to interest rate risk.

For both net interset income and capital at risk, our interest rate risk analysis calculates a base case scenario that assumes no change in interest rates.

For both net interest income and capital at risk, our interest rate risk analysis calculates a base case scenario that assumes no change in interest rates.

The model then measures changes throughout a series of interest rate scenarios representing immediate and permanent, parallel shifts in the yield curve up and down 100, 200, 300 and 400 basis points with additional scenarios modeled where appropriate.

28 unchanged sentences

Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.