Citizens Financial Group Bank Owned Life Insurance increased by 0.7% to $3.46B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2.3%, from $3.39B to $3.46B. Over 5 years (FY 2020 to FY 2025), Bank Owned Life Insurance shows an upward trend with a 14.4% CAGR.
Stable growth in this asset typically reflects a consistent strategy to manage long-term employee benefit liabilities efficiently.
Bank Owned Life Insurance (BOLI) is a life insurance policy purchased by the bank on the lives of its key employees. The...
Commonly used by US regional and national banks for tax and benefit management.
non_current_assets_bank_owned_life_insurance| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.27B | $2.43B | $2.84B | $2.96B | $3.21B | $3.22B | $3.24B | $3.24B | $3.26B | $3.28B | $3.29B | $3.31B | $3.33B | $3.35B | $3.36B | $3.39B | $3.41B | $3.42B | $3.44B | $3.46B |
| QoQ Change | — | +7.1% | +17.1% | +4.1% | +8.3% | +0.5% | +0.4% | +0.2% | +0.6% | +0.4% | +0.5% | +0.6% | +0.4% | +0.6% | +0.5% | +0.7% | +0.6% | +0.4% | +0.6% | +0.7% |
| YoY Change | — | — | — | — | +41.4% | +32.7% | +13.8% | +9.6% | +1.7% | +1.6% | +1.7% | +2.1% | +1.9% | +2.2% | +2.2% | +2.3% | +2.5% | +2.3% | +2.3% | +2.3% |