The Bank Of Iwate Iwate Bank Reports 4.117 billion Unrealized Loss on Securities for First Quarter Ending June 30, 2027

TOKYO, Jul 30 (Pulse News Wire) – The Bank Of Iwate,ltd. (8345.T) reported a total unrealized loss of ¥4.117 billion on securities held-to-maturity as of the end of the first quarter of fiscal year 2027, which ended on June 30, 2027.

The bank noted that the unrealized losses represent a significant portion of their investment portfolio but stated there would be no impact on their earnings forecast. As of March 2026, the bank's consolidated ordinary profit was ¥12.85 billion and the net income attributable to shareholders of the parent was ¥8.919 billion. The ratios of the unrealized loss to these figures were calculated as 32.0% and 46.1%, respectively.

The fair value of the targeted securities stood at ¥62.37 billion, while their book value was ¥66.49 billion. Additionally, the total unrealized gain on securities for the same period was ¥14 million, resulting in a net unrealized gain of ¥-¥4.103 billion after accounting for the unrealized loss. The bank emphasized that it would promptly disclose any further developments related to this issue.