The company said it announced the launch of a public offering of a new series of Series I preferred stock on July 22, 2025. If the offering is priced and closes, it intends to use the net proceeds to redeem some or all of its Series F preferred stock on the dividend payment date of October 6, 2025.

1. 01

   The company said it announced the launch of a public offering of a new series of Series I preferred stock on July 22, 2025. If the offering is priced and closes, it intends to use the net proceeds to redeem some or all of its Series F preferred stock on the dividend payment date of October 6, 2025.

2. 02

   The company said pricing of the offering has not yet occurred. It said pricing and closing are subject to market conditions and other considerations and are not assured. It also said it has not decided whether to redeem the Series F preferred stock, or the amount and timing of any redemption.

3. 03

   The company reported net income of $436 million, diluted earnings per share of $0.92 and pre-provision profit (PPNR) of $718 million for Q2 2025. It said EPS rose $0.15 from the prior quarter.

4. 04

   The company reported Q2 2025 CET1 ratio of 10.6% and tangible book value per share of $35.23. It said it paid a common stock dividend of $185 million, repurchased shares for $200 million, and increased its share repurchase program authorization by $1.5 billion as of June 12.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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