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PFG, risk-factor evolution

Item 1A (Risk Factors) year-over-year changes. Pre-computed at ingest time: paragraph adds/removes plus term-frequency cosine similarity between consecutive years.

📞 Earnings calls for PFG on Subtext ↗

Section length over time

04414882913243176572016201720182019202020212022202320242025
  • Carried over
  • Newly added

Item 1A word count by fiscal year, split into text carried over from the prior year vs. newly added (from year-over-year diffs).

Year-over-year transitions

YearsSimilarityAddedRemovedSection length
2015 → 2016
1.00
+12803-1263512803 wordsDiff →
2016 → 2017
1.00
+12953-1280312953 wordsDiff →
2017 → 2018
1.00
+13276-1295313276 wordsDiff →
2018 → 2021
1.00
+16052-1327616052 wordsDiff →
2021 → 2022
1.00
+6080-791314219 wordsDiff →
2022 → 2024
1.00
+6591-749613314 wordsDiff →
2024 → 2025
0.99
+6517-920210685 wordsDiff →