NKSH repositions $127M into 5.16% securities, takes $6.6M Q2 loss offset by prior gain

Filed July 2, 2026 · Period ending July 2, 2026 · ~1 min read

Key Changes

• high

  Sold $131.87M in 1.80%-yield securities and reinvested $127.33M at 5.16%, nearly tripling portfolio yield on repositioned funds

  Item 8.01 verify on EDGAR →
• high

  Restructuring produces $6.55M pre-tax loss in Q2 2026, offset by gain from May 2026 Bearing Insurance Group sale

  Item 8.01 verify on EDGAR →
• medium

  Management projects 1.8-year payback on the loss through higher interest income, after which improved yield provides ongoing benefit

  Item 8.01 verify on EDGAR →