22 unchanged sentences
The following table illustrates the simulated impact of a 100 bps, 200 bps or 300 bps upward or a 100 bps downward movement in interest rates on net income, return on average equity, earnings per share and market value of equity.
−Removed: This analysis was prepared assuming that interest-earning asset and interest-bearing liability levels at September 30, 2021 remain constant.
−Removed: The impact of the rate movements was computed by simulating the effect of an immediate and sustained shift in interest rates over a twelve-month period from September 30, 2021 levels.
+Added: This analysis was prepared assuming that interest-earning asset and interest-bearing liability levels at March 31, 2022 remain constant.
+Added: The impact of the rate movements was computed by simulating the effect of an immediate and sustained shift in interest rates over a twelve-month period from March 31, 2022 levels.
Increase Decrease
4 unchanged sentences
Projected increase/(decrease) in earnings per share $ 0.02 $ 0.04 $ 0.05 $ (0.10)
−Removed: Projected percentage decrease in market value of equity (2.9 %) (7.8 %) (14.4 %) (12.2 %)
+Added: Projected percentage increase/(decrease) in market value of equity (5.0 %) (10.2 %) (15.3 %) 1.6 %
The figures included in the table above represent projections that were computed based upon certain assumptions including prepayment rates and decay rates.
1 unchanged sentence
Actual results may differ significantly due to timing, magnitude and frequency of interest rate changes and changes in market conditions, and actions that may be taken by management in response to interest rate changes.
−Removed: Tabl e of Contents
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.