Quarterly report pursuant to Section 13 or 15(d)

STATUTORY CAPITAL REQUIREMENTS (Tables)

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STATUTORY CAPITAL REQUIREMENTS (Tables)
 9 Months Ended
Dec. 31, 2024
Broker-Dealer [Abstract]  
Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations
The table below presents net capital/eligible equity, required minimum capital, excess regulatory capital and retained earnings as of December 31, 2024 for each of the regulated entities that is material for our condensed consolidated financial statements.
(amounts in thousands) Regulated activities Net Capital/Eligible Equity Required Minimum capital/solvency Excess regulatory capital Retained earnings
Freedom Bank KZ
Banking
 $ 393,276  $ 180,929  $ 212,347  $ 280,519 
Freedom EU Brokerage 269,087  10,971  258,116  443,939 
Freedom Global Brokerage 66,620  23,010  43,610  107,948 
Freedom KZ Brokerage 57,264  352  56,912  135,272 
Freedom Life Life Insurance 48,936  10,546  38,390  70,586 
Freedom Insurance Property and Casualty Insurance 41,057  10,546  30,511  39,807 
Freedom AR Brokerage 34,680  759  33,921  35,440 
Other regulated operating subsidiaries Other 13,782  249 13,533  (21,923)
$ 924,702  $ 237,362  $ 687,340  $ 1,091,588 
The table below presents net capital/eligible equity, required minimum capital, excess regulatory capital and retained earnings as of March 31, 2024 for each of the regulated entities that is material for our condensed consolidated financial statements.
(amounts in thousands) Regulated activities Net Capital/Eligible Equity Required Minimum capital/solvency Excess regulatory capital Retained earnings
Freedom Bank KZ
Banking
 $ 329,738  $ 196,594  $ 133,144  $ 193,376 
Freedom EU Brokerage 269,424  10,868  258,556  319,484 
Freedom KZ Brokerage 107,064  413  106,651  122,416 
Freedom Life Life Insurance 50,757  12,395  38,362  57,085 
Freedom Insurance Property and Casualty Insurance 30,011  12,395  17,616  19,773 
Freedom Global Brokerage 16,428  12,352  4,076  117,468 
Freedom AR Brokerage 7,317  763  6,554  6,447 
Other regulated operating subsidiaries Other 8,533  155 8,378  (11,665)
$ 819,272  $ 245,935  $ 573,337  $ 824,384