What changed 10-Q

Item 3. Quantitative and Qualitative Disclosures About Market Risk

2023-08-04 compared with 2023-05-05 · 2 added, 2 removed, 33 unchanged (11% of the section changed)

22 unchanged sentences

The following table illustrates the simulated impact of a 100 bps, 200 bps or 300 bps upward or a 100 bps, 200 bps or 300 bps downward movement in interest rates on net income, return on average equity, earnings per share and market value of equity.

This analysis was prepared assuming that interest-earning asset and interest-bearing liability levels at March 31, 2023 remain constant.

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, 2023 levels.

This analysis was prepared assuming that interest-earning asset and interest-bearing liability levels at June 30, 2023 remain constant.

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 June 30, 2023 levels.

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9 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.