Discontinued — last reported Q4 '23
Bank-owned life insurance — RevenueFromContractWithCustomerExcludingAssessedTax
Regions Financial Bank-owned life insurance — RevenueFromContractWithCustomerExcludingAssessedTax remained flat by 0.0% to $19.50M in Q4 2023 compared to the prior quarter. Year-over-year, this metric grew by 25.8%, from $15.50M to $19.50M. Over 2 years (FY 2021 to FY 2023), Bank-owned life insurance — RevenueFromContractWithCustomerExcludingAssessedTax shows relatively stable performance with a -2.5% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase indicates growth in service-based business volume or improved contract pricing, while a decrease suggests a contraction in service activity or client base.
Detailed definition
This metric measures revenue recognized from contracts with customers within the bank-owned life insurance segment, excl...
Peer comparison
Comparable to fee-based revenue from insurance brokerage or administrative services at other financial institutions.
rf_segment_bank_owned_life_insurance_revenuefromcontractwithcustomerexcludingassessedtaxHistorical Data
| FY'21 | FY'22 | FY'23 | |
|---|---|---|---|
| Value | $82.00M | $62.00M | $78.00M |
| YoY Change | — | -24.4% | +25.8% |
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Frequently Asked Questions
- What is Regions Financial's bank-owned life insurance — revenuefromcontractwithcustomerexcludingassessedtax?
- Regions Financial (RF) reported bank-owned life insurance — revenuefromcontractwithcustomerexcludingassessedtax of $19.50M in Q4 2023.
- How has Regions Financial's bank-owned life insurance — revenuefromcontractwithcustomerexcludingassessedtax changed year-over-year?
- Regions Financial's bank-owned life insurance — revenuefromcontractwithcustomerexcludingassessedtax increased by 25.8% year-over-year, from $15.50M to $19.50M.
- What is the long-term trend for Regions Financial's bank-owned life insurance — revenuefromcontractwithcustomerexcludingassessedtax?
- Over 2 years (2021 to 2023), Regions Financial's bank-owned life insurance — revenuefromcontractwithcustomerexcludingassessedtax has grown at a -2.5% compound annual growth rate (CAGR), from $82.00M to $78.00M.
- What does bank-owned life insurance — revenuefromcontractwithcustomerexcludingassessedtax mean?
- Revenue earned from customer contracts related to bank-owned life insurance services, excluding taxes.