The company said it began repositioning its available-for-sale securities portfolio on September 6, 2024 by selling about $7.0 billion in low-yielding investment securities, and expects an after-tax loss of about $700 million in Q3 2024.

1. 01

   The company said it began repositioning its available-for-sale securities portfolio on September 6, 2024 by selling about $7.0 billion in low-yielding investment securities, and expects an after-tax loss of about $700 million in Q3 2024.

2. 02

   The company said the investment securities it sold had a weighted average book yield of about 2.3%.

3. 03

   The company said the investment securities it sold had an average duration of about 6 years.

4. 04

   The company filed this under Item 8.01 (Other Events), with the earliest event reported on September 6, 2024, and signed the filing on September 9, 2024.

Analysis scope · Filing bodyWe 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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