Preferred Bank Finds Unreconciled Difference In Its Calculation Of Its Right Of Use Asset And Lease Liabilities; Expects Additional Q4 Expense To Reduce Q4 EPS By $0.43
Preferred Bank Finds Unreconciled Difference In Its Calculation Of Its Right Of Use Asset And Lease Liabilities; Expects Additional Q4 Expense To Reduce Q4 EPS By $0.43
As a result of this error, the Bank will record $8.1 million on a pre-tax basis of occupancy expense in the fourth quarter of 2024. On an after-tax basis, this will reduce fourth quarter diluted earnings per share by approximately $0.43.
由於這一錯誤，銀行將在2024年第四季度記錄810萬美元的稅前住房費用。在稅後基礎上，這將使第四季度的攤薄每股收益減少大約$0.43。
As for the impact of ASC 842 in future years, it is expected that the correct calculation of lease expense will increase occupancy expense by approximately $1.6 million per year on a pre-tax basis.
關於ASC 842在未來幾年的影響，預計正確計算租賃費用將在稅前基礎上使住房費用增加約160萬美元每年。
It has evaluated the impact to income for each of the periods involved as well as the cumulative impact to 2024's results and have determined the understatement in the prior years as well as the impact to the results for 2024 are not material to the Bank's results of operations or its balance sheet.
它已評估了相關期間對收入的影響，以及對2024年結果的累積影響，並確定以前年份的低報以及對2024年結果的影響對銀行的運營結果或資產負債表沒有實質性影響。
譯文內容由第三人軟體翻譯。
