Non-Current Assets

Bank Owned Life Insurance

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.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026

How to read this metric

Stable growth in this asset typically reflects a consistent strategy to manage long-term employee benefit liabilities efficiently.

Detailed definition

Bank Owned Life Insurance (BOLI) is a life insurance policy purchased by the bank on the lives of its key employees. The...

Peer comparison

Commonly used by US regional and national banks for tax and benefit management.

Metric ID: non_current_assets_bank_owned_life_insurance

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '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%
Range$2.27B$3.46B
CAGR+9.3%
Avg YoY Growth+7.7%
Median YoY Growth+2.3%
Current Streak19+ quarters growth

Bank Owned Life Insurance at Other Companies

Frequently Asked Questions

What is Citizens Financial Group's bank owned life insurance?
Citizens Financial Group (CFG) reported bank owned life insurance of $3.46B in Q1 2026.
How has Citizens Financial Group's bank owned life insurance changed year-over-year?
Citizens Financial Group's bank owned life insurance increased by 2.3% year-over-year, from $3.39B to $3.46B.
What is the long-term trend for Citizens Financial Group's bank owned life insurance?
Over 5 years (2020 to 2025), Citizens Financial Group's bank owned life insurance has grown at a 14.4% compound annual growth rate (CAGR), from $1.76B to $3.44B.
What does bank owned life insurance mean?
Life insurance policies held by the bank on employees to help fund benefit costs.