# EDGAR Filing Document

**Accession Number:** 0001019286
**File Stem:** 0001099263-26-002557
**Filing Date:** 2026-2
**Character Count:** 36774
**Document Hash:** 6cff1dffbbebfa82ac6dd7f3bbcaca25
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001099263-26-002557.hdr.sgml**: 20260226

**ACCESSION NUMBER**: 0001099263-26-002557

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260226

**DATE AS OF CHANGE**: 20260226

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** T. Rowe Price Financial Services Fund, Inc.
- **CENTRAL INDEX KEY:** 0001019286

**ORGANIZATION NAME:**
- **EIN:** 522024849
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07749
- **FILM NUMBER:** 26686596

**BUSINESS ADDRESS:**
- **STREET 1:** 1307 POINT STREET
- **CITY:** BALTIMORE
- **STATE:** MD
- **ZIP:** 21231
- **BUSINESS PHONE:** 410-345-2000

**MAIL ADDRESS:**
- **STREET 1:** 1307 POINT STREET
- **CITY:** BALTIMORE
- **STATE:** MD
- **ZIP:** 21231

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PRICE T ROWE FINANCIAL SERVICES FUND INC
- **DATE OF NAME CHANGE:** 19960720

## Series and Classes Contracts Data

### T. Rowe Price Financial Services Fund, Inc. (Series ID: S000002084)

| Class ID   | Class Name                                     | Ticker Symbol   |
|:---|:---|:---|
| C000005450 | T. Rowe Price Financial Services Fund, Inc.    | PRISX           |
| C000177205 | T. Rowe Price Financial Services Fund--I Class | TFIFX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** T. ROWE PRICE FINANCIAL SERVICES FUND, INC.

- **b. Investment Company Act file number:** 811-07749

- **c. CIK number of Registrant:** 0001019286

- **d. LEI of Registrant:** 549300G1KHUY9LO6U864

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 1307 Point Street

  - **City:** Baltimore

  - **State:** MD

  - **Foreign country:** US

  - **Zip / Postal Code:** 21231

  - **Telephone number:** 410-345-2000

**Item A.2. Information about the Series.**

- **a. Name of Series:** T. Rowe Price Financial Services Fund, Inc.

- **b. EDGAR series identifier (if any):** S000002084

- **c. LEI of Series:** OT887USWRRG6914YF055

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-12-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $2002140977.12

**Total Liabilities:** $15629278.50

**Net Assets:** $1986511698.62

**Assets Attributable to Miscellaneous Securities:** $11096196.51

**Cash Not Reported:** $708805.62

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** 0.000000 | **1-Year:** 0.000000 | **5-Year:** 0.000000 | **10-Year:** 0.000000 | **30-Year:** 0.000000

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** 0.000000 | **1-Year:** 0.000000 | **5-Year:** 0.000000 | **10-Year:** 0.000000 | **30-Year:** 0.000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000005450 | -2.99%               | 2.53%                | 4.91%                |
| Class ID C000177205 | -2.95%               | 2.53%                | 4.91%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $3440376.12              | $-66599542.90                              |
| Month 2  | $20491274.57             | $25050676.30                               |
| Month 3  | $16856685.32             | $74852096.67                               |

### Schedule of Portfolio Investments

| Name                                        | Title                                    | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| AFFILIATED MANAGERS GROUP                   | AFFILIATED MANAGERS GROUP INC            | CUSIP: 008252108<br>LEI: 2JE75BUE3T1BLCYYGK54 | Long             | EC               | CORP              | US        |     74300 | NS      | $21419204.00  | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| ALLSTATE CORP                               | ALLSTATE CORP/THE                        | CUSIP: 020002101<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | EC               | CORP              | US        |    160623 | NS      | $33433677.45  | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN EXPRESS CO                         | AMERICAN EXPRESS CO                      | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |     79060 | NS      | $29248247.00  | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN INTERNATIONAL GROUP                | AMERICAN INTERNATIONAL GROUP INC         | CUSIP: 026874784<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | EC               | CORP              | US        |    379616 | NS      | $32476148.80  | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERIPRISE FINANCIAL INC                    | AMERIPRISE FINANCIAL INC                 | CUSIP: 03076C106<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | EC               | CORP              | US        |     30420 | NS      | $14916142.80  | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| APOLLO GLOBAL MANAGEMENT INC                | APOLLO GLOBAL MANAGEMENT INC             | CUSIP: 03769M106<br>LEI: 254900LMFT1CY9IYB476 | Long             | EC               | CORP              | US        |    183000 | NS      | $26491080.00  | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| ARTHUR J GALLAGHER & CO                     | ARTHUR J GALLAGHER & CO                  | CUSIP: 363576109<br>LEI: 54930049QLLMPART6V29 | Long             | EC               | CORP              | US        |     53400 | NS      | $13819386.00  | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| ATEGRITY SPECIALTY HOLDINGS                 | ATEGRITY SPECIALTY HOLDINGS LLC          | CUSIP: 04681Y103<br>LEI: 549300KMIVG4HUBDUF07 | Long             | EC               | CORP              | US        |    269621 | NS      | $5664737.21   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| AXIS CAPITAL HOLDINGS LTD                   | AXIS CAPITAL HOLDINGS LTD                | CUSIP: 000000000<br>LEI: 635400VD2NQBYAHMEM55 | Long             | EC               | CORP              | BM        |    189339 | NS      | $20276313.51  | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| BALDWIN INSURANCE GROUP INC/                | BALDWIN INSURANCE GROUP INC/THE          | CUSIP: 05589G102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     82900 | NS      | $1992087.00   | 0.10%             |  |  |  | No            |                  1 | On Loan: —       |
| BANK OF AMERICA CORP                        | BANK OF AMERICA CORP                     | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |   2124400 | NS      | $116842000.00 | 5.88%             |  |  |  | No            |                  1 | On Loan: No      |
| BAWAG GROUP AG                              | BAWAG GROUP AG                           | CUSIP: 000000000<br>LEI: 529900S9YO2JHTIIDG38 | Long             | EC               | CORP              | AT        |     51740 | NS      | $7792762.87   | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| BERKSHIRE HATHAWAY INC-CL B                 | BERKSHIRE HATHAWAY INC                   | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |     78647 | NS      | $39531914.55  | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| BLACKROCK INC                               | BLACKROCK INC                            | CUSIP: 09290D101<br>LEI: 529900VBK42Y5HHRMD23 | Long             | EC               | CORP              | US        |      7703 | NS      | $8244829.02   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| BLOCK INC                                   | BLOCK INC                                | CUSIP: 852234103<br>LEI: 549300OHIIUWSTIZME52 | Long             | EC               | CORP              | US        |     80500 | NS      | $5239745.00   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| BROWN & BROWN INC                           | BROWN & BROWN INC                        | CUSIP: 115236101<br>LEI: 549300PC8KTJ71XKFY89 | Long             | EC               | CORP              | US        |     25300 | NS      | $2016410.00   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| CAPITAL ONE FINANCIAL CORP                  | CAPITAL ONE FINANCIAL CORP               | CUSIP: 14040H105<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EC               | CORP              | US        |    306718 | NS      | $74336174.48  | 3.74%             |  |  |  | No            |                  1 | On Loan: No      |
| CENTRAL BANCOMPANY                          | CENTRAL BANCO INC                        | CUSIP: 152413100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    247481 | NS      | $5969241.72   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| SCHWAB (CHARLES) CORP                       | CHARLES SCHWAB CORP/THE                  | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |    850144 | NS      | $84937887.04  | 4.28%             |  |  |  | No            |                  1 | On Loan: No      |
| CHUBB LTD                                   | CHUBB LTD                                | CUSIP: 000000000<br>LEI: E0JAN6VLUDI1HITHT809 | Long             | EC               | CORP              | CH        |    167476 | NS      | $52272609.12  | 2.63%             |  |  |  | No            |                  1 | On Loan: No      |
| CITIGROUP INC                               | CITIGROUP INC                            | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |    666400 | NS      | $77762216.00  | 3.91%             |  |  |  | No            |                  1 | On Loan: No      |
| CME GROUP INC                               | CME GROUP INC                            | CUSIP: 12572Q105<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | EC               | CORP              | US        |     25954 | NS      | $7087518.32   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| COALITION SER E CVT PFD STOCK PP            | COALITION SER E CVT PFD STOCK PP         | CUSIP: TC8G0GXC3<br>LEI: 894500FW05DWOXSEQ527 | Long             | EP               | CORP              | US        |    133551 | NS      | $977593.32    | 0.05%             |  |  |  | Yes           |                  3 | On Loan: No      |
| COLUMBIA BANKING SYSTEM INC                 | COLUMBIA BANKING SYSTEM INC              | CUSIP: 197236102<br>LEI: 254900CTRJTQZ3BJ2V17 | Long             | EC               | CORP              | US        |    404329 | NS      | $11300995.55  | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| COREBRIDGE FINANCIAL INC                    | COREBRIDGE FINANCIAL INC                 | CUSIP: 21871X109<br>LEI: 549300XY1661QCIA7J65 | Long             | EC               | CORP              | US        |    371788 | NS      | $11216843.96  | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| CORPAY INC                                  | CORPAY INC                               | CUSIP: 219948106<br>LEI: 549300DG6RR0NQSFLN74 | Long             | EC               | CORP              | US        |     28100 | NS      | $8456133.00   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| EAST WEST BANCORP INC                       | EAST WEST BANCORP INC                    | CUSIP: 27579R104<br>LEI: 254900O4X656YXFOYB11 | Long             | EC               | CORP              | US        |    261400 | NS      | $29378746.00  | 1.48%             |  |  |  | No            |                  1 | On Loan: —       |
| EQUIFAX INC                                 | EQUIFAX INC                              | CUSIP: 294429105<br>LEI: 5493004MCF8JDC86VS77 | Long             | EC               | CORP              | US        |     23020 | NS      | $4994879.60   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| EQUITABLE HOLDINGS INC                      | EQUITABLE HOLDINGS INC                   | CUSIP: 29452E101<br>LEI: 549300FIBAKMNHPZ4009 | Long             | EC               | CORP              | US        |    468850 | NS      | $22340702.50  | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| ETORO GROUP LTD-A                           | ETORO GROUP LTD                          | CUSIP: 000000000<br>LEI: 213800XPRPJK2X5QRG86 | Long             | EC               | CORP              | VG        |    234852 | NS      | $8250350.76   | 0.42%             |  |  |  | No            |                  1 | On Loan: —       |
| Everest Group Ltd                           | EVEREST GROUP LTD                        | CUSIP: 000000000<br>LEI: 549300N24XF2VV0B3570 | Long             | EC               | CORP              | BM        |     12795 | NS      | $4341983.25   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| EVERQUOTE INC - CLASS A                     | EVERQUOTE INC                            | CUSIP: 30041R108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    211090 | NS      | $5699430.00   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| FIFTH THIRD BANCORP                         | FIFTH THIRD BANCORP                      | CUSIP: 316773100<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | EC               | CORP              | US        |    315600 | NS      | $14773236.00  | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| FLAGSTAR BANK, N.A.                         | FLAGSTAR BANK NA                         | CUSIP: 649445400<br>LEI: SS1TRMSN6BRNMOREEV51 | Long             | EC               | CORP              | US        |    345666 | NS      | $4351934.94   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| FULTON FINANCIAL CORP                       | FULTON FINANCIAL CORP                    | CUSIP: 360271100<br>LEI: 5493005QLZ6O1BNC0C11 | Long             | EC               | CORP              | US        |    575200 | NS      | $11118616.00  | 0.56%             |  |  |  | No            |                  1 | On Loan: —       |
| GLOBAL PAYMENTS INC                         | GLOBAL PAYMENTS INC                      | CUSIP: 37940X102<br>LEI: 549300NOMHGVQBX6S778 | Long             | EC               | CORP              | US        |    126000 | NS      | $9752400.00   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                     | GOLDMAN SACHS GROUP INC/THE              | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |     88960 | NS      | $78195840.00  | 3.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Gallop Holdings LP - Ascot Group PP         | Gallop Holdings LP - Ascot Group PP      | CUSIP: TC4AKPAK5<br>LEI: 213800DJV7WRJBE2II28 | Long             | EC               | CORP              | US        |  12409955 | NS      | $16433262.41  | 0.83%             |  |  |  | Yes           |                  3 | On Loan: No      |
| HANOVER INSURANCE GROUP INC/                | HANOVER INSURANCE GROUP INC/THE          | CUSIP: 410867105<br>LEI: JJYR6MFKFF6CF8DBZ078 | Long             | EC               | CORP              | US        |     25328 | NS      | $4629198.56   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| HARTFORD INSURANCE GROUP INC/T              | HARTFORD INSURANCE GROUP INC/THE         | CUSIP: 416515104<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | EC               | CORP              | US        |    129097 | NS      | $17789566.60  | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| iCapital Inc Common Stock PP                | ICAPITAL INC COMMON STOCK PP             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    662238 | NS      | $9271133.33   | 0.47%             |  |  |  | Yes           |                  3 | On Loan: No      |
| iCapital Inc Ser B-1 CVT PFD Stock PP       | ICAPITAL INC SER B-1 CVT PFD STOCK PP    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     76060 | NS      | $1064817.18   | 0.05%             |  |  |  | Yes           |                  3 | On Loan: No      |
| iCapital Inc Ser B-2 CVT PFD Stock PP       | ICAPITAL INC SER B-2 CVT PFD STOCK PP    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |      9656 | NS      | $135181.10    | 0.01%             |  |  |  | Yes           |                  3 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE INC               | INTERCONTINENTAL EXCHANGE INC            | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Long             | EC               | CORP              | US        |    191281 | NS      | $30979870.76  | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| INVESCO LTD                                 | INVESCO LTD                              | CUSIP: 000000000<br>LEI: ECPGFXU8A2SHKVVGJI15 | Long             | EC               | CORP              | BM        |    774500 | NS      | $20346115.00  | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| James River Group Holdings Inc              | JAMES RIVER GROUP HOLDINGS INC           | CUSIP: 46990A102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    699180 | NS      | $4446784.80   | 0.22%             |  |  |  | No            |                  1 | On Loan: —       |
| J.P. MORGAN CHASE & CO.                     | JPMORGAN CHASE & CO                      | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |    268900 | NS      | $86644958.00  | 4.36%             |  |  |  | No            |                  1 | On Loan: No      |
| KKR & CO INC                                | KKR & CO INC                             | CUSIP: 48251W104<br>LEI: 54930013V5I303TF9571 | Long             | EC               | CORP              | US        |    175400 | NS      | $22359992.00  | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| KLARNA GROUP PLC                            | KLARNA GROUP PLC                         | CUSIP: 000000000<br>LEI: 636700HER4JIK7GZUN17 | Long             | EC               | CORP              | GB        |     30121 | NS      | $870798.11    | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| MARSH & MCLENNAN COS                        | MARSH & MCLENNAN COS INC                 | CUSIP: 571748102<br>LEI: 549300XMP3KDCKJXIU47 | Long             | EC               | CORP              | US        |    211380 | NS      | $39215217.60  | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| MASTERCARD INC - A                          | MASTERCARD INC                           | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |    141222 | NS      | $80620815.36  | 4.06%             |  |  |  | No            |                  1 | On Loan: No      |
| METLIFE INC                                 | METLIFE INC                              | CUSIP: 59156R108<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | EC               | CORP              | US        |    381759 | NS      | $30136055.46  | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| MIAMI INTERNATIONAL HOLDINGS                | MIAMI INTERNATIONAL HOLDINGS INC         | CUSIP: 59356Q108<br>LEI: 254900TREUDBWGLAP788 | Long             | EC               | CORP              | US        |    116371 | NS      | $5164544.98   | 0.26%             |  |  |  | No            |                  1 | On Loan: —       |
| MORGAN STANLEY                              | MORGAN STANLEY                           | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |    245613 | NS      | $43603675.89  | 2.19%             |  |  |  | No            |                  1 | On Loan: No      |
| MSCI INC                                    | MSCI INC                                 | CUSIP: 55354G100<br>LEI: 549300HTIN2PD78UB763 | Long             | EC               | CORP              | US        |      7680 | NS      | $4406246.40   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| NEPTUNE INSURANCE HOLDI-CL A                | NEPTUNE INSURANCE HOLDINGS INC           | CUSIP: 64073B103<br>LEI: 529900I3QTHC0Q1C2D65 | Long             | EC               | CORP              | US        |     29464 | NS      | $859170.24    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| NEWTEKONE INC                               | NEWTEKONE INC                            | CUSIP: 652526203<br>LEI: 549300YLU78IA8GKJ688 | Long             | EC               | CORP              | US        |    340000 | NS      | $3859000.00   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| FLAGSTAR FINANCIAL INC WTS 3/31 PP          | New York Community Bancorp Wts 03/31     | CUSIP: 000000000<br>LEI: 529900HVXOTLY61GL030 | Long             | EC               | CORP              | US        |       622 | NS      | $1472059.59   | 0.07%             |  |  |  | Yes           |                  2 | On Loan: No      |
| PAYPAL HOLDINGS INC                         | PAYPAL HOLDINGS INC                      | CUSIP: 70450Y103<br>LEI: 5493005X2GO78EFZ3E94 | Long             | EC               | CORP              | US        |    275600 | NS      | $16089528.00  | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| PNC FINANCIAL SERVICES GROUP                | PNC FINANCIAL SERVICES GROUP INC/THE     | CUSIP: 693475105<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | EC               | CORP              | US        |    137100 | NS      | $28616883.00  | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| POPULAR INC                                 | POPULAR INC                              | CUSIP: 733174700<br>LEI: 5493008CARDZMVQ3LO89 | Long             | EC               | CORP              | PR        |    191126 | NS      | $23799009.52  | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| PROGRESSIVE CORP                            | PROGRESSIVE CORP/THE                     | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |    120145 | NS      | $27359419.40  | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| RAYMOND JAMES FINANCIAL INC                 | RAYMOND JAMES FINANCIAL INC              | CUSIP: 754730109<br>LEI: RGUZHJ05YTITL6D76949 | Long             | EC               | CORP              | US        |     69400 | NS      | $11144946.00  | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| REGIONS FINANCIAL CORP                      | REGIONS FINANCIAL CORP                   | CUSIP: 7591EP100<br>LEI: CW05CS5KW59QTC0DG824 | Long             | EC               | CORP              | US        |    614100 | NS      | $16642110.00  | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| REINSURANCE GROUP OF AMERICA                | REINSURANCE GROUP OF AMERICA INC         | CUSIP: 759351604<br>LEI: LORM1GNEU1DKEW527V90 | Long             | EC               | CORP              | US        |     35256 | NS      | $7173185.76   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| RENAISSANCERE HOLDINGS LTD                  | RENAISSANCERE HOLDINGS LTD               | CUSIP: 000000000<br>LEI: EK6GB9U3U58PDI411C94 | Long             | EC               | CORP              | BM        |     50948 | NS      | $14324539.68  | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| ROBINHOOD MARKETS INC - A                   | ROBINHOOD MARKETS INC                    | CUSIP: 770700102<br>LEI: 213800FS5AO3YWIE6F63 | Long             | EC               | CORP              | US        |     40500 | NS      | $4580550.00   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| ROCKET COS INC-CLASS A                      | ROCKET COS INC                           | CUSIP: 77311W101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    652000 | NS      | $12622720.00  | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| S&P GLOBAL INC                              | S&P GLOBAL INC                           | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |     52700 | NS      | $27540493.00  | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| SAFETY INSURANCE GROUP INC                  | SAFETY INSURANCE GROUP INC               | CUSIP: 78648T100<br>LEI: 254900LDCFLA3J746840 | Long             | EC               | CORP              | US        |     85466 | NS      | $6658656.06   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| SELECTIVE INSURANCE GROUP                   | SELECTIVE INSURANCE GROUP INC            | CUSIP: 816300107<br>LEI: 549300R3WGJWLE40R258 | Long             | EC               | CORP              | US        |     46680 | NS      | $3905715.60   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| SIRIUSPOINT LTD                             | SIRIUSPOINT LTD                          | CUSIP: 000000000<br>LEI: 549300OGXFI85N3YZZ51 | Long             | EC               | CORP              | BM        |    127886 | NS      | $2799424.54   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| SLM CORP                                    | SLM CORP                                 | CUSIP: 78442P106<br>LEI: 54930067J0ZNOEBRW338 | Long             | EC               | CORP              | US        |    461300 | NS      | $12482778.00  | 0.63%             |  |  |  | No            |                  1 | On Loan: —       |
| STATE STREET CORP                           | STATE STREET CORP                        | CUSIP: 857477103<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | EC               | CORP              | US        |    335875 | NS      | $43331233.75  | 2.18%             |  |  |  | No            |                  1 | On Loan: No      |
| STEPSTONE GROUP INC-CLASS A                 | STEPSTONE GROUP INC                      | CUSIP: 85914M107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    265300 | NS      | $17024301.00  | 0.86%             |  |  |  | No            |                  1 | On Loan: —       |
| STIFEL FINANCIAL CORP                       | STIFEL FINANCIAL CORP                    | CUSIP: 860630102<br>LEI: 549300E5F07FE5GHJX84 | Long             | EC               | CORP              | US        |    145400 | NS      | $18206988.00  | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| STONEX GROUP INC                            | STONEX GROUP INC                         | CUSIP: 861896108<br>LEI: 549300JUF07L8VF02M60 | Long             | EC               | CORP              | US        |     98000 | NS      | $9322740.00   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| SYNCHRONY FINANCIAL                         | SYNCHRONY FINANCIAL                      | CUSIP: 87165B103<br>LEI: 549300RS7EWPM9MA6C78 | Long             | EC               | CORP              | US        |    209916 | NS      | $17513291.88  | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| SYNOVUS FINANCIAL CORP                      | SYNOVUS FINANCIAL CORP                   | CUSIP: 87161C501<br>LEI: 549300EIUS8UN5JTLE54 | Long             | EC               | CORP              | US        |    208200 | NS      | $10420410.00  | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| T. Rowe Price Government Reserve Fund       | T. Rowe Price Government Reserve Fund    | CUSIP: 76105Y109<br>LEI: 5493002Y0IYARJVQ5N24 | Long             | STIV             | RF                | US        |  15830009 | NS      | $15830009.40  | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| TPG INC                                     | TPG INC                                  | CUSIP: 872657101<br>LEI: 549300NLO4R8MX77XJ02 | Long             | EC               | CORP              | US        |     40838 | NS      | $2607097.92   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| GRS - SECURITY LENDING COLLATERAL           | TREASURY RESERVE FUND - Collateral       | CUSIP: 000000000<br>LEI: 549300SIV6FPS9Y7IH33 | Long             | STIV             | RF                | US        |  12810784 | NS      | $12810784.00  | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| TRINITY CAPITAL INC                         | TRINITY CAPITAL INC                      | CUSIP: 896442308<br>LEI: 549300YGT4SBRQYDVU48 | Long             | EC               | CORP              | US        |    337600 | NS      | $4945840.00   | 0.25%             |  |  |  | No            |                  1 | On Loan: —       |
| TRUMID HLDGS LLC J-A CVT PFD TAX BLOCKER PP | TRUMID HLDGS LLC J-A CVT PFD             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |       712 | NS      | $256837.56    | 0.01%             |  |  |  | Yes           |                  3 | On Loan: No      |
| TRUMID HLDGS LLC J-B CVT PFD TAX BLOCKER PP | TRUMID HLDGS LLC J-B CVT PFD             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |       712 | NS      | $256837.56    | 0.01%             |  |  |  | Yes           |                  3 | On Loan: No      |
| TRUMID HLDGS SR L CVT PFD TAX BLOCKER PP    | TRUMID HLDGS SR L CVT PFD TAX BLOCKER PP | CUSIP: TC7ISN1K2<br>LEI: N/A                  | Long             | EP               | CORP              | US        |       961 | NS      | $346901.78    | 0.02%             |  |  |  | Yes           |                  3 | On Loan: No      |
| UBS GROUP AG-REG                            | UBS GROUP AG                             | CUSIP: 000000000<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | EC               | CORP              | CH        |    238505 | NS      | $11012873.58  | 0.55%             |  |  |  | No            |                  2 | On Loan: No      |
| UMB FINANCIAL CORP                          | UMB FINANCIAL CORP                       | CUSIP: 902788108<br>LEI: 549300MGEH3N3CUCV828 | Long             | EC               | CORP              | US        |    149600 | NS      | $17209984.00  | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| US BANCORP                                  | US BANCORP                               | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               | CORP              | US        |    750400 | NS      | $40041344.00  | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| VISA INC-CLASS A SHARES                     | VISA INC                                 | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |    246292 | NS      | $86377067.32  | 4.35%             |  |  |  | No            |                  1 | On Loan: No      |
| VOYA FINANCIAL INC                          | VOYA FINANCIAL INC                       | CUSIP: 929089100<br>LEI: 549300T065Z4KJ686G75 | Long             | EC               | CORP              | US        |    277143 | NS      | $20644382.07  | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| WEBSTER FINANCIAL CORP                      | WEBSTER FINANCIAL CORP                   | CUSIP: 947890109<br>LEI: KMRURHT0VWKYS6Z5KU67 | Long             | EC               | CORP              | US        |    423817 | NS      | $26675041.98  | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| WELLS FARGO & CO                            | WELLS FARGO & CO                         | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |    555341 | NS      | $51757781.20  | 2.61%             |  |  |  | No            |                  1 | On Loan: No      |
| WESTERN ALLIANCE BANCORP                    | WESTERN ALLIANCE BANCORP                 | CUSIP: 957638109<br>LEI: 5493003VJXZ5JXT9S762 | Long             | EC               | CORP              | US        |    354061 | NS      | $29765908.27  | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| WILLIS TOWERS WATSON PLC                    | WILLIS TOWERS WATSON PLC                 | CUSIP: 000000000<br>LEI: 549300WHC56FF48KL350 | Long             | EC               | CORP              | IE        |     21379 | NS      | $7025139.40   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| WISDOMTREE INC                              | WISDOMTREE INC                           | CUSIP: 97717P104<br>LEI: 549300WIU8IS7UFO7871 | Long             | EC               | CORP              | US        |    160800 | NS      | $1960152.00   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| WSFS FINANCIAL CORP                         | WSFS FINANCIAL CORP                      | CUSIP: 929328102<br>LEI: 549300SU7VQHD6QRG886 | Long             | EC               | CORP              | US        |     92000 | NS      | $5082080.00   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-02-04

**Name of Applicant:** T. ROWE PRICE FINANCIAL SERVICES FUND, INC.

**Signature:** /s/ Alan Dupski

**Name of Signer:** Alan Dupski

**Title:** Treasurer & Vice President