The company said its preliminary stress capital buffer, based on the severely adverse scenario in the Federal Reserve Board's annual bank stress test, is 3.2%, effective October 1, 2024.

1. 01

   The company said its preliminary stress capital buffer, based on the severely adverse scenario in the Federal Reserve Board's annual bank stress test, is 3.2%, effective October 1, 2024.

2. 02

   The company said its Common Equity Tier 1 (CET1) ratio as of March 31, 2024 was 10.5%, well above the regulatory minimum of 4.5% plus the stress capital buffer.

3. 03

   The company said it intends to recommend to its Board of Directors in September a 2 cents per share increase to the quarterly cash dividend on its common stock, consistent with its capital plan submitted to the Federal Reserve. It said all future capital actions are subject to Board approval and other conditions.

4. 04

   The company said it may elect to repurchase shares consistent with its publicly stated CET1 target of 10.5%. It said all future capital actions are subject to its performance, the economic environment, market conditions, regulatory factors and Board approval.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. 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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